The latest financial statement is for the quarter ending 2026-03-31.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income | 82,750 | 77,724 | 82,416 | 171,177 |
| Depreciation and amortization, including amortization of loan procurement costs | 62,503 | 67,091 | 67,946 | 128,086 |
| Non-cash portion of interest expense related to finance leases | -45 | -33 | -24 | -32 |
| Loss on early extinguishment of debt | - | -3,692 | - | - |
| Equity in earnings of real estate ventures | 607 | 886 | 648 | 926 |
| Cash distributed from real estate ventures | 1,019 | 899 | 1,062 | 2,010 |
| Equity compensation expense | 3,284 | 2,943 | 2,889 | 5,712 |
| Accretion of fair market value adjustment of debt | -210 | -163 | -83 | -22 |
| Other assets | -5,020 | -847 | -4,732 | 11,658 |
| Accounts payable and accrued expenses | -6,414 | -14,628 | 10,266 | 6,839 |
| Other liabilities | 1,116 | -1,321 | -501 | 2,570 |
| Net cash provided by operating activities | 148,836 | 136,491 | 168,221 | 303,800 |
| Cash paid for partner's interest in real estate venture, net of cash acquired | - | 0 | 0 | 451,141 |
| Acquisitions of storage properties | - | 49,681 | - | - |
| Additions and improvements to storage properties | 10,394 | 6,435 | 14,205 | 24,146 |
| Development costs | 10,040 | 2,527 | 7,259 | 18,264 |
| Investments in real estate ventures | -2,057 | 0 | -827 | - |
| Cash distributed from real estate ventures | 795 | 273 | 733 | 2,156 |
| Net cash used in investing activities | -21,696 | -58,370 | -21,558 | -491,395 |
| Unsecured senior notes | - | 0 | 443,952 | - |
| Proceeds From | 263,385 | 514,325 | 144,511 | 745,041 |
| Unsecured senior notes | - | 300,000 | - | - |
| Repayments Of | 227,085 | 135,525 | 510,811 | 378,741 |
| Mortgage loans and notes payable | 308 | 108,300 | 295 | 590 |
| Loan procurement costs | - | 338 | 3,933 | - |
| Debt prepayment costs | - | 1,100 | - | - |
| Issuance of common shares, net | -20 | -52 | -111 | -289 |
| Repurchase of common shares | 33,382 | 31,916 | - | - |
| Payments upon net settlement of equity compensation | 2,172 | 14 | 20 | 3,230 |
| Exercise of stock options | 608 | 3,737 | 0 | 1,669 |
| Redemption of units for cash | 681 | 3,654 | - | - |
| Contributions from noncontrolling interests in subsidiaries | 11 | 0 | 303 | - |
| Distributions paid to noncontrolling interests in subsidiaries | 6,659 | 132 | 157 | 277 |
| Distributions paid to common shareholders | 121,068 | 119,102 | 119,103 | 238,104 |
| Distributions paid to noncontrolling interests in operating partnership | 532 | 574 | 574 | 1,215 |
| Net cash used in financing activities | -127,903 | -182,645 | -46,238 | 124,264 |
| Change in cash, cash equivalents and restricted cash | -763 | -104,524 | 100,425 | -63,331 |
| Cash, cash equivalents and restricted cash at beginning of period | 10,233 | 114,757 | 77,663 | - |
| Cash, cash equivalents and restricted cash at end of period | 9,470 | 10,233 | 114,757 | - |
CubeSmart (CUBE)
CubeSmart (CUBE)