# Public Storage (PSA) FY2026 Q1 P&L / Income Statement

- Company: Public Storage (PSA)
- Period: 2026-01-01 to 2026-03-31
- Filing: Q1 FY2026 10-Q, filed 2026-04-27, accession number 0001628280-26-027487
- Page: https://plicit.ai/financials/psa/fy2026-q1-income-statement
- Chart image: https://plicit.ai/charts/psa-fy2026-q1-income-statement-sankey.png

## Chart details: Revenue by Product and Service

Income statement for 2026-01-01 through 2026-03-31. View: Product and service. Revenue and costs use their disclosed categories.

- **Total revenues**: 1,217,741,000 US dollars
- **Cost of revenue (calculated)**: 34,264,000 US dollars
- **Gross profit (calculated)**: 1,183,477,000 US dollars
- **Operating expenses (calculated)**: 709,199,000 US dollars
- **Operating income**: 474,278,000 US dollars
- **Other income (expense), net (calculated)**: 56,666,000 US dollars
- **Income before income taxes**: 530,944,000 US dollars
- **Income tax (provision) benefit**: 1,569,000 US dollars
- **Net income**: 529,375,000 US dollars
- **Self-storage facilities**: 1,128,125,000 US dollars
- **Ancillary operations revenue**: 89,616,000 US dollars
- **Ancillary operations cost of revenue**: 34,264,000 US dollars
- **Self-storage cost of operations**: 305,679,000 US dollars
- **Depreciation and amortization**: 290,723,000 US dollars
- **Real estate acquisition and development expense**: 2,428,000 US dollars
- **General and administrative**: 30,351,000 US dollars
- **Interest expense**: 80,018,000 US dollars

### 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 equals net income.
- Of which attributable to Public Storage: $526.27 M; to noncontrolling interests: $3.10 M.

## Chart details: Revenue by Business Segment

- Page: https://plicit.ai/financials/psa/fy2026-q1-income-statement/revenue-by-business-segment
- Chart image: https://plicit.ai/charts/psa-fy2026-q1-revenue-by-business-segment-sankey.png

Income statement for 2026-01-01 through 2026-03-31. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total revenues**: 1,217,741,000 US dollars
- **Cost of revenue (calculated)**: 34,264,000 US dollars
- **Gross profit (calculated)**: 1,183,477,000 US dollars
- **Operating expenses (calculated)**: 709,199,000 US dollars
- **Operating income**: 474,278,000 US dollars
- **Other income (expense), net (calculated)**: 56,666,000 US dollars
- **Income before income taxes**: 530,944,000 US dollars
- **Income tax (provision) benefit**: 1,569,000 US dollars
- **Net income**: 529,375,000 US dollars
- **Self-Storage Operations Reportable Segment**: 1,128,125,000 US dollars
- **Ancillary Operations**: 89,616,000 US dollars
- **Ancillary cost of operations**: 34,264,000 US dollars
- **Self-storage cost of operations**: 305,679,000 US dollars
- **Depreciation and amortization**: 290,723,000 US dollars
- **Real estate acquisition and development expense**: 2,428,000 US dollars
- **General and administrative**: 30,351,000 US dollars
- **Interest expense**: 80,018,000 US dollars
- **Self-Storage Operations Reportable Segment costs (calculated)**: 305,679,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
- **Ancillary Operations costs (calculated)**: 34,264,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
- **Reconciling items (calculated)**: 403,520,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.

### 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 equals net income.
- Of which attributable to Public Storage: $526.27 M; to noncontrolling interests: $3.10 M.