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EXR

Extra Space Storage·NYSE
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EXR fundamentals

Extra Space Storage (EXR) released its earnings on Feb 19, 2026: revenue was 857.47M (YoY +4.33%), beat estimates; EPS was 1.36 (YoY +9.68%), beat estimates.
Revenue / YoY
857.47M
+4.33%
EPS / YoY
1.36
+9.68%
Report date
Feb 19, 2026
EXR Earnings Call Summary for Q4,2025
  • Operational Resilience: Q4 2025 core FFO growth of 2.5% and full-year growth of 1.1%, driven by 16/20 markets with positive move-in rates and 0.4% same-store revenue growth.
  • Strategic Acquisitions: Deployed $825M in store acquisitions, $107M in JV transactions, and $80M in bridge loans, with 78 new managed stores added.
  • Cost Management: 5% decline in property taxes and utilities, 1.1% YoY operating expense growth.
  • 2026 Guidance: Flat to +1.5% same-store revenue, 2%-3.5% expense growth, reflecting cautious optimism amid reduced new supply and improving move-in rates.
  • AI and Digital Strategy: Leveraging AI for SEO and internal process automation to maintain competitive edge in marketing and operations.
EPS
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Q3,2017
Q4,2017
Q1,2018
Q2,2018
Q3,2018
Q4,2018
Q1,2019
Q2,2019
Q3,2019
Q4,2019
Q1,2020
Q2,2020
Q3,2020
Q4,2020
Q1,2021
Q2,2021
Q3,2021
Q4,2021
Q1,2022
Q2,2022
Q3,2022
Q4,2022
Q1,2023
Q2,2023
Q3,2023
Q4,2023
Q1,2024
Q2,2024
Q3,2024
Q4,2024
Q1,2025
Q2,2025
Q3,2025
Q4,2025
Actual
0.830.80.881.191.531.251.421.511.731.651.521.461.50.961.021.010.880.911.241.281.180.781.36
Forecast
0.75770.72910.80190.91151.02691.07741.2471.40491.35261.4751.59161.4651.4051.51350.44161.21030.99241.03421.11451.07741.01951.15581.19241.169
Surprise
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
+9.54%
+9.72%
+9.74%
+30.55%
+48.99%
+16.02%
+12.27%
+42.36%
+11.64%
+17.29%
+3.67%
+3.75%
+3.91%
-0.89%
+117.39%
-15.72%
+1.77%
-14.91%
-18.35%
+15.09%
+25.55%
+2.09%
-34.59%
+16.34%
Revenue
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Q3,2017
Q4,2017
Q1,2018
Q2,2018
Q3,2018
Q4,2018
Q1,2019
Q2,2019
Q3,2019
Q4,2019
Q1,2020
Q2,2020
Q3,2020
Q4,2020
Q1,2021
Q2,2021
Q3,2021
Q4,2021
Q1,2022
Q2,2022
Q3,2022
Q4,2022
Q1,2023
Q2,2023
Q3,2023
Q4,2023
Q1,2024
Q2,2024
Q3,2024
Q4,2024
Q1,2025
Q2,2025
Q3,2025
Q4,2025
Actual
--------------------------------332.45M327.25M343.02M353.49M358.86M378.63M412.49M427.38M443.56M474.99M498.90M506.72M503.05M511.39M748.03M797.77M799.54M810.66M824.80M821.90M820.00M841.62M858.46M857.47M
Forecast
--------------------------------333.40M326.22M331.65M345.35M360.94M373.23M398.62M421.00M438.79M478.52M497.43M509.22M514.02M533.27M713.55M778.05M794.80M815.52M826.93M827.29M827.63M844.84M866.37M854.61M
Surprise
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
-0.28%
+0.31%
+3.43%
+2.36%
-0.58%
+1.45%
+3.48%
+1.52%
+1.09%
-0.74%
+0.30%
-0.49%
-2.13%
-4.10%
+4.83%
+2.54%
+0.60%
-0.60%
-0.26%
-0.65%
-0.92%
-0.38%
-0.91%
+0.33%

Earnings Call