# EXTRA SPACE STORAGE INC. (EXR) FY2026 Q2 Statement of Cash Flows

- Company: EXTRA SPACE STORAGE INC. (EXR)
- Period: 2026-04-01 to 2026-06-30
- Filing: Q2 FY2026 10-Q, filed 2026-07-31, accession number 0001289490-26-000053
- Page: https://plicit.ai/financials/exr/fy2026-q2-cash-flow
- Chart image: https://plicit.ai/charts/exr-fy2026-q2-cash-flow-sankey.png

## Chart details

Cash flows for Apr 1, 2026 through Jun 30, 2026. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Mar 31, 2026. Ending cash: Jun 30, 2026. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

- **Beginning cash on Mar 31, 2026**: 143,405,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
- **Operating activities**: 586,411,000 US dollars. Net cash provided.
- **Net income**: 275,879,000 US dollars
- **Depreciation and amortization**: 185,610,000 US dollars
- **Amortization of deferred financing costs**: 3,239,000 US dollars
- **Non-cash lease expense**: 3,012,000 US dollars
- **Non-cash interest expense related to amortization of discount on unsecured senior notes, net**: 12,735,000 US dollars
- **Compensation expense related to share-based awards**: 8,837,000 US dollars
- **Accrual of interest income added to principal of debt securities and notes receivable**: negative 8,681,000 US dollars
- **Equity in earnings of unconsolidated real estate ventures - gain on sale of a joint venture interest**: negative 640,000 US dollars
- **Gain on real estate assets held for sale and sold, net**: 0 US dollars
- **Distributions in excess of earnings from unconsolidated real estate ventures**: 9,783,000 US dollars
- **Other assets**: negative 20,817,000 US dollars
- **Accounts payable and accrued expenses**: 69,908,000 US dollars
- **Other liabilities**: 47,546,000 US dollars
- **Investing activities**: negative 128,270,000 US dollars. Net cash used.
- **Acquisition of real estate assets and improvements**: negative 158,828,000 US dollars
- **Return of investment in unconsolidated real estate ventures**: 0 US dollars
- **Development and redevelopment of real estate assets**: negative 31,756,000 US dollars
- **Proceeds from sale of real estate assets**: 7,290,000 US dollars
- **Investment in unconsolidated real estate entities**: negative 1,960,000 US dollars
- **Issuance of notes receivable**: negative 190,243,000 US dollars
- **Payments received on notes receivable**: 251,425,000 US dollars
- **Proceeds from sale of notes receivable**: 1,153,000 US dollars
- **Purchase of equipment and fixtures**: negative 5,351,000 US dollars
- **Financing activities**: 98,372,000 US dollars. Net cash provided.
- **Proceeds from secured and unsecured term loans, senior notes, revolving lines of credit and commercial paper**: 6,457,000,000 US dollars
- **Principal payments on secured and unsecured term loans, senior notes, revolving lines of credit and commercial paper**: negative 5,995,999,000 US dollars
- **Deferred financing costs**: negative 536,000 US dollars
- **Repurchase of common stock**: 0 US dollars
- **Redemption of Operating Partnership units for cash**: negative 5,999,000 US dollars
- **Redemption of Preferred OP units for cash**: 0 US dollars
- **Dividends paid on common stock**: negative 341,953,000 US dollars
- **Distributions to noncontrolling interests, net of contributions**: negative 14,141,000 US dollars
- **Operating adjustment reconciliation**: 340,670,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
- **financing gross reconciliation**: 6,457,000,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
- **investing gross reconciliation**: 388,138,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
- **Exchange-rate effect**: 0 US dollars
- **Ending cash on Jun 30, 2026**: 699,918,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
- **Cash sources and uses**: 828,188,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
- **Net cash change**: 556,513,000 US dollars. Ending cash minus beginning cash.
- **Cash flow / Net income**: 2.13×. Operating cash flow divided by reconciliation net income for the same period. Black from 0.90× through 1.10×; green above 1.10×; red below 0.90×. Color uses the unrounded ratio.

### Chart connections

- Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
- Financing contributions meet at a reconciliation junction before connecting to the net cash total.
- Investing contributions meet at a reconciliation junction before connecting to the net cash total.
- Operating reconciliation adjustments are not all independent cash receipts.
- Net income enters operating cash directly in the reconciliation. The adjustment junction contributes the remaining $310.53M after reconciling the other positive and negative adjustments. These connections depict an accounting reconciliation, not traced cash receipts.
- Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
- The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.