EXTRA SPACE STORAGE INC. (EXR) FY2026 Q2 P&L / Income Statement

EXTRA SPACE STORAGE INC. (EXR) FY2026 Q2 P&L / Income Statement

Income statement for 2026-04-01 through 2026-06-30. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Total revenues

874,152,000 US dollars

Property operations

231,718,000 US dollars

Gross profit (calculated)

642,434,000 US dollars

Operating costs, net of other operating income (calculated)

250,250,000 US dollars

Income from operations

392,184,000 US dollars

Other income (expense), net (calculated)

negative 120,678,000 US dollars

Income before equity in earnings and dividend income from unconsolidated real estate entities and income tax expense

271,506,000 US dollars

Income tax expense

12,069,000 US dollars

Net income

275,879,000 US dollars

Management fees and other income

34,904,000 US dollars

Self-Storage Operations

746,164,000 US dollars

Tenant Reinsurance revenue

93,084,000 US dollars

Tenant reinsurance expense

17,325,000 US dollars

Depreciation and amortization

185,610,000 US dollars

General and administrative

47,315,000 US dollars

Gain (loss) on real estate assets held for sale and sold, net

0 US dollars

Equity in earnings and dividend income from unconsolidated real estate entities

15,802,000 US dollars. Reported below-tax contribution to net income.

Equity in earnings of unconsolidated real estate ventures - gain on sale of a joint venture interest

640,000 US dollars. Reported below-tax contribution to net income.

Chart connections

• Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
• Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit, plus the explicitly reported below-tax contributions, equals net income.