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Extra Space Storage Inc. (EXR) stock

EXRNYSEReal Estate Investment TrustsFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Oct 30, 2026Score 16/3021% above fair value
$151.32+1.42 (+0.95%)

Close on Oct 30, 2026Market cap $31.97BP/E 30.8Yield 4.28%

Earnings

Extra Space Storage's quarterly results as reported in its earnings releases, with the company's own outlook. Hover a number to see the sentence it came from.

Next report
Feb 18, 2027
Q4 FY2026 · estimated, during market hours
Revenue, Q3 FY2026
$889.79M
+3.6% on a year earlier
Core FFO, Q3 FY2026
$2.17
$2.08 a year earlier
Latest guidance
Raised
Oct 27, 2026 · 22 items

Quarterly results

Revenue and earnings per share from each of Extra Space Storage's earnings releases, newest first

QuarterReportedRevenueYoYEPSAdj. EPSSource
Q4 FY2026ended Dec 31, 2026Feb 18, 2027Expected–––––
Q3 FY2026ended Sep 30, 2026Oct 27, 2026after the close$889.79M+3.6%$1.17$2.17Release
Q2 FY2026ended Jun 30, 2026Jul 28, 2026during market hours––$1.25$2.15Release
Q1 FY2026ended Mar 31, 2026Apr 28, 2026during market hours$856.03M+4.4%$1.14$2.04Release
Q4 FY2025ended Dec 31, 2025Feb 19, 2026during market hours––$1.36$2.08Release
Q3 FY2025ended Sep 30, 2025Oct 29, 2025during market hours$858.46M+4.1%$0.78$2.08Release
Q2 FY2025ended Jun 30, 2025Jul 30, 2025during market hours$841.62M+3.8%$1.18$2.05Release
Q1 FY2025ended Mar 31, 2025Apr 29, 2025during market hours$820.00M+2.6%$1.28$2.00Release
Q4 FY2024ended Dec 31, 2024Feb 25, 2025during market hours$821.90M+3.0%$1.24$2.03Release
Q3 FY2024ended Sep 30, 2024Oct 29, 2024during market hours$824.80M+10.3%$0.91$2.07Release
Q2 FY2024ended Jun 30, 2024Jul 30, 2024during market hours$810.66M+58.5%$0.88$2.06Release
Q1 FY2024ended Mar 31, 2024Apr 30, 2024during market hours$799.54M+58.9%$1.01$1.96Release

Figures as first announced; later restatements appear under Financials. Expected dates are estimated from the company's past reporting pattern.

Current guidance

Extra Space Storage's latest outlook for periods it has not reported yet, compared with what it said before

MetricPeriodGuidanceBeforeChangeGiven
Same-store rental revenuesnon-GAAPFY2026$2.76B – $2.77B–NewOct 27, 2026
Same-store revenue growthFY2026-0.5% – +1.5%–NewApr 28, 2026
Same-store revenue growthnon-GAAPFY2026+2% – +2.5%–NewOct 27, 2026
Same-store NOI growthFY2026-2.25% – +1.25%–NewApr 28, 2026
Total same-store net operating incomenon-GAAPFY2026$1.97B – $1.98B–NewOct 27, 2026
Net income attributable to common stockholders per diluted shareGAAPFY2026$4.48 – $4.58–NewOct 27, 2026
Net income attributable to common stockholders per diluted shareGAAPFY2026$4.30 – $4.60–NewApr 28, 2026
Core FFOnon-GAAPFY2026$8.40 – $8.50–NewOct 27, 2026
AcquisitionsFY2026$400.00M–NewOct 27, 2026
AcquisitionsFY2026$200.00M–RaisedApr 28, 2026
Bridge loans outstandingFY2026$1.43B–RaisedOct 27, 2026
Bridge loans outstandingFY2026$1.48B–RaisedApr 28, 2026
Core FFOnon-GAAPFY2026$8.05 – $8.35–NewApr 28, 2026
Dilution per share from C of O and value add acquisitionsFY2026$0.17–NewOct 27, 2026
Dilution per share from C of O and value add acquisitionsFY2026$0.18–NewApr 28, 2026
Equity in earnings of real estate venturesFY2026$65.00M – $66.00M–LoweredOct 27, 2026
Equity in earnings of real estate venturesFY2026$63.50M – $64.50M–LoweredApr 28, 2026
Funds from operations attributable to common stockholdersnon-GAAPFY2026$8.15 – $8.25–NewOct 27, 2026
General and administrative expensesFY2026$188.50M – $189.50M–RaisedOct 27, 2026
General and administrative expensesFY2026$190.50M – $192.50M–RaisedApr 28, 2026
Income Tax ExpenseFY2026$48.00M – $49.00M–RaisedOct 27, 2026
Income Tax ExpenseFY2026$47.00M – $48.00M–RaisedApr 28, 2026
Interest expenseFY2026$602.00M – $604.00M–RaisedOct 27, 2026
Interest expenseFY2026$592.00M – $597.00M–RaisedApr 28, 2026
Interest incomeFY2026$152.50M – $153.50M–RaisedOct 27, 2026
Interest incomeFY2026$149.50M – $151.00M–RaisedApr 28, 2026
Management fees and other incomeFY2026$138.00M – $139.00M–LoweredOct 27, 2026
Management fees and other incomeFY2026$140.00M – $141.50M–LoweredApr 28, 2026
Net IncomeGAAPFY2026$1.06B – $1.09B–NewOct 27, 2026
Net tenant reinsurance incomeFY2026$298.00M – $300.00M–NewOct 27, 2026
Net tenant reinsurance incomeFY2026$289.00M – $292.00M–NewApr 28, 2026
Non-cash interest expense related to amortization of discount on unsecured senior notes, netFY2026$44.00M – $45.00M–LoweredOct 27, 2026
Non-cash interest expense related to amortization of discount on unsecured senior notes, netFY2026$42.00M – $43.00M–LoweredApr 28, 2026
Same-store expense growthnon-GAAPFY20260% – +0.5%–NewOct 27, 2026
Same-store expense growthFY2026+2% – +3.5%–NewApr 28, 2026
Same-store NOI growthnon-GAAPFY2026+2.5% – +3.5%–RaisedOct 27, 2026
Weighted average one-month SOFRFY20263.71%–NewOct 27, 2026
Weighted average one-month SOFRFY20263.65%–NewApr 28, 2026
Weighted average share countFY2026220,500,000–NewOct 27, 2026
Weighted average share countFY2026221,100,000–NewApr 28, 2026

Guidance vs results

The last range Extra Space Storage gave before each report, against the figure it then reported. Full years add up the four quarters.

PeriodMetricGuidanceActualResult
FY2025Core FFO$8.05 – $8.25$8.21Σ4QWithin range
FY2025EPS (GAAP)$4.16 – $4.24$4.60Σ4QAbove range

Guidance history

Every forecast Extra Space Storage put in an earnings release, newest first

GivenMetricPeriodGuidanceChange
Oct 27, 2026AcquisitionsFY2026$400.00MNew
Oct 27, 2026Same-store revenue growthFY2026+2% – +2.5%New
Oct 27, 2026Core FFOFY2026$8.40 – $8.50New
Oct 27, 2026Net income attributable to common stockholders per diluted shareFY2026$4.48 – $4.58New
Oct 27, 2026Total same-store net operating incomeFY2026$1.97B – $1.98BNew
Oct 27, 2026Weighted average share countFY2026220,500,000New
Oct 27, 2026Weighted average one-month SOFRFY20263.71%New
Oct 27, 2026Same-store expense growthFY20260% – +0.5%New
Oct 27, 2026Same-store NOI growthFY2026+2.5% – +3.5%Raised
Oct 27, 2026Net tenant reinsurance incomeFY2026$298.00M – $300.00MNew
Oct 27, 2026Management fees and other incomeFY2026$138.00M – $139.00MLowered
Oct 27, 2026Interest incomeFY2026$152.50M – $153.50MRaised
Oct 27, 2026General and administrative expensesFY2026$188.50M – $189.50MRaised
Oct 27, 2026Equity in earnings of real estate venturesFY2026$65.00M – $66.00MLowered
Oct 27, 2026Interest expenseFY2026$602.00M – $604.00MRaised
Oct 27, 2026Non-cash interest expense related to amortization of discount on unsecured senior notes, netFY2026$44.00M – $45.00MLowered
Oct 27, 2026Income Tax ExpenseFY2026$48.00M – $49.00MRaised
Oct 27, 2026Bridge loans outstandingFY2026$1.43BRaised
Oct 27, 2026Net IncomeFY2026$1.06B – $1.09BNew
Oct 27, 2026Dilution per share from C of O and value add acquisitionsFY2026$0.17New

Read from the company's earnings releases; each figure links to its sentence on hover. “Raised” and “Lowered” compare with the previous range for the same metric and period.

Press releases

Releases Extra Space Storage filed with the SEC as exhibits to Form 8-K or 6-K

  1. Results
  2. Update
  3. Results
  4. News
  5. Results
  6. Results
  7. Update
  8. Results
  9. News
  10. News
  11. Results
  12. Update
  13. Results
  14. News
  15. Results