Public Storage (PSA) FY2026 Q2 P&L / Income Statement
2026-04-01 to 2026-06-30
Revenue by Product and Service
2026-04-01 to 2026-06-30
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Public Storage (PSA) FY2026 Q2 P&L / Income Statement
Income statement for 2026-04-01 through 2026-06-30. View: Product and service. Revenue and costs use their disclosed categories.
- Total revenues
- 1,232,881,000 US dollars
- Cost of revenue (calculated)
- 36,286,000 US dollars
- Gross profit (calculated)
- 1,196,595,000 US dollars
- Operating expenses (calculated)
- 729,914,000 US dollars
- Operating income
- 466,681,000 US dollars
- Other income (expense), net (calculated)
- 38,973,000 US dollars
- Income before income taxes
- 505,654,000 US dollars
- Income tax (provision) benefit
- 2,716,000 US dollars
- Net income
- 502,938,000 US dollars
- Self-storage facilities
- 1,139,947,000 US dollars
- Ancillary operations revenue
- 92,934,000 US dollars
- Ancillary operations cost of revenue
- 36,286,000 US dollars
- Self-storage cost of operations
- 307,820,000 US dollars
- Depreciation and amortization
- 287,757,000 US dollars
- Real estate acquisition and development expense
- 5,187,000 US dollars
- General and administrative
- 44,369,000 US dollars
- Interest expense
- 84,781,000 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: $499.96 M; to noncontrolling interests: $2.98 M.

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Gross margin
97.1%
Gross profit / revenue
Operating margin
37.9%
Operating profit / revenue
Cash conversion
172.7%
Operating cash / net income, same period
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