Extra Space Storage revenue
Extra Space Storage's revenue was $3.38bn in fiscal 2025, up 3.7% on the year before. Since fiscal 2016 ($992m) it has grown at a compound 14.6% a year. Over the last twelve months it was $3.48bn.
Revenue history
| Fiscal year | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 992 | 1,105 | 1,197 | 1,308 | 1,356 | 1,577 | 1,924 | 2,560 | 3,257 | 3,378 | 3,477 |
| Growth on the year before | — | +11.4% | +8.3% | +9.3% | +3.6% | +16.3% | +22.0% | +33.1% | +27.2% | +3.7% | — |
| Gross profit | 742 | 833 | 905 | 972 | 996 | 1,209 | 1,489 | 1,948 | 2,425 | 2,459 | 2,537 |
| Gross margin | 74.8% | 75.4% | 75.6% | 74.3% | 73.4% | 76.6% | 77.4% | 76.1% | 74.5% | 72.8% | 73.0% |
Where the revenue comes from
| Line of business | Revenue | YoY |
|---|---|---|
| Self Storage Operations | $2.9B | ▲ 3.3% |
| Tenant Reinsurance | $353M | ▲ 6.0% |
These categories overlap or exclude eliminations, so shares aren't shown.
From Extra Space Storage's 10-K filed February 20, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.
Revenue against peers
| Company | Revenue | Growth | 3-year growth a year |
|---|---|---|---|
| Extra Space Storage | $3.48bn | 4.1% | 15.3% |
| Public Storage | $5.03bn | 5.2% | 4.2% |
| Cubesmart | $1.15bn | 3.3% | 3.1% |
| Smartstop Self Storage Reit, Inc. | $306m | 21.1% | 10.1% |
| Global Self Storage, Inc. | $12.8m | 0.5% | 1.4% |
Compare with peers
- Public Storage revenue
- Cubesmart revenue
- Smartstop Self Storage Reit, Inc. revenue
- Global Self Storage, Inc. revenue
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