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Public Storage (PSA) free cash flow by quarter

Public Storage's free cash flow was $633M in Q3 2026 (third quarter 2026), -22% from Q2 2026. Over the last 7 quarters it ranged from $633M (Q3 2026) to $812M (Q2 2026).

Public Storage free cash flow by quarterPublic Storage free cash flow by quarter$639MQ1 2025$796MQ2 2025$780MQ3 2025$661MQ4 2025$637MQ1 2026$812MQ2 2026$633MQ3 2026
QuarterFree cash flowQ/QY/Y
Q3 2026$633M-22%-19%
Q2 2026$812M+28%+2%
Q1 2026$637M-4%-0.2%
Q4 2025$661M-15%—
Q3 2025$780M-2%—
Q2 2025$796M+25%—
Q1 2025$639M——

Q3 2026 at a glance

Public Storage, Q3 2026: revenue $1.4B (+12% year over year), operating margin 23.2%, net earnings $367M, operating cash flow $709M. The chart follows the revenue to costs, profit and cash.

Questions

What is Public Storage's free cash flow?

Public Storage's free cash flow was $633M in Q3 2026 (third quarter 2026), -22% from Q2 2026.

How has Public Storage's free cash flow changed?

Over the last 7 quarters it ranged from $633M (Q3 2026) to $812M (Q2 2026).

Q3 2026 results → · How Public Storage makes money →