CubeSmart

Real Estate · REIT - Industrial

39.60$ -1.6% vs. previous close Closing price · As of: Sep 18, 2026

Statements

Income Statement

CubeSmart (CUBE) by the numbers: income statement, balance sheet and cash flow, by year or by quarter. In the most recent period (2025), "Revenue" came in at 1,123 million USD. Tick rows to compare them in a chart.

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Amounts Change % Common size % Per share

Last 12 Full history

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All figures in millions of USD.

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Income Statement CUBE
Line item	2000	2001	2002	2003	2004	2005	2006	2007	2008	2009	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Revenue	53	62	77	81	92	148	213	229	236	217	217	238	283	318	377	445	510	559	598	655	679	823	1,010	1,050	1,066	1,123
Cost of Revenue	–	–	–	52	66	0.0	0.1	0.1	99	94	94	99	111	118	133	153	166	182	197	198	207	252	293	295	318	868
Gross Profit	53	62	77	81	92	148	213	229	137	123	123	138	172	200	244	291	344	377	401	457	473	570	716	756	748	255
Research & Development	–	–	–	–	–	–	–	–	–	–	–	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	–	–
Selling, General & Administrative	–	–	–	4.4	4.3	19	22	22	25	23	25	25	26	30	28	28	33	35	38	39	41	48	55	57	60	65
Total Operating Expenses	33	39	50	52	66	113	172	191	51	93	88	93	140	142	155	180	195	180	181	50	58	280	365	258	265	-193
Operating Income	20	24	27	29	26	35	39	38	35	30	35	46	32	58	82	108	143	196	220	407	414	291	351	497	483	449
Interest Expense	0.0	0.0	0.0	0.0	15	32	46	56	52	48	44	38	41	40	47	44	50	57	62	73	76	78	93	97	91	114
Pre-Tax Income	–	–	–	13	13	2.6	-8.6	-13	2.8	-0.9	-9.9	-5.1	-8.3	10	26	79	88	136	165	171	168	231	292	412	392	331
Income Tax Expense	-8.3	-6.9	-9.7	13	58	32	50	–	84	31	42	46	37	8.2	40	44	49	58	7.6	87	78	100	93	1.7	391	–
Net Income	8.3	6.9	9.7	16	-32	2.8	-8.6	-13	2.8	-0.9	-7.4	-0.4	1.8	41	26	78	88	134	164	169	166	223	291	411	391	334
EBITDA	20	24	27	50	24	45	105	111	112	101	98	114	146	171	208	260	307	340	363	407	414	463	603	711	689	704

Data as of: September 18, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q)

Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.

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Income Statement

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