Income Statement - CubeSmart (CUBE)
$(Billion, Million)| Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 | Dec-15 | Dec-14 | Dec-13 | Dec-12 | Dec-11 | Dec-10 | Dec-09 | Dec-08 | Dec-07 | Dec-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 1,123.11 | 1,066.23 | 1,050.33 | 1,009.62 | 822.56 | 679.36 | 655.04 | 597.94 | 558.94 | 510.04 | 444.52 | 376.96 | 318.40 | 283.08 | 237.61 | 216.83 | 217.29 | 236.40 | 229.17 | 213.11 |
| Cost of revenue | 867.71 | 317.75 | 294.78 | 293.26 | 252.10 | 206.73 | 198.24 | 196.87 | 181.51 | 165.85 | 153.17 | 132.70 | 118.22 | 110.82 | 99.16 | 93.70 | 93.95 | 99.18 | 0.06 | 0.07 |
| Gross profit | 255.40 | 748.48 | 755.55 | 716.36 | 570.46 | 472.62 | 456.80 | 401.08 | 377.44 | 344.19 | 291.35 | 244.26 | 200.17 | 172.26 | 138.45 | 123.13 | 123.34 | 137.22 | 229.11 | 213.04 |
| Total operating expenses | -193.50 | 265.37 | 258.28 | 365.23 | 279.86 | 58.32 | 50.06 | 181.06 | 180.43 | 194.69 | 180.16 | 155.24 | 141.88 | 140.01 | 92.92 | 88.35 | 93.40 | 50.53 | 190.67 | 172.03 |
| Operating income | 448.90 | 483.12 | 497.28 | 351.13 | 290.60 | 414.30 | 406.74 | 220.02 | 195.72 | 142.95 | 107.89 | 81.54 | 58.30 | 32.25 | 45.53 | 34.78 | 29.94 | 34.67 | 38.50 | 39.17 |
| Non-operating income (net) | -117.58 | -91.23 | -84.84 | -58.66 | -59.79 | -246.69 | -235.97 | -54.53 | -60.10 | -54.58 | -29.13 | -55.18 | -47.89 | -40.55 | -50.58 | -44.63 | -30.88 | -31.88 | -51.57 | -47.73 |
| Income before tax | 331.32 | 391.89 | 412.44 | 292.47 | 230.81 | 167.61 | 170.77 | 165.49 | 135.61 | 88.38 | 78.76 | 26.37 | 10.41 | -8.30 | -5.05 | -9.85 | -0.94 | 2.79 | -13.08 | -8.55 |
| Income tax expense | 391.18 | 1.68 | 93.28 | 100.24 | 77.82 | 86.72 | 7.60 | 57.76 | 49.27 | 44.14 | 40.13 | 8.24 | 37.14 | 45.65 | 42.17 | 30.88 | 83.90 | 49.63 | ||
| Net income | 333.78 | 391.18 | 410.76 | 291.26 | 223.48 | 165.62 | 169.12 | 163.89 | 134.29 | 87.91 | 77.71 | 26.38 | 41.45 | 1.82 | -0.40 | -7.39 | -0.94 | 2.79 | -13.08 | -8.55 |
Show Quarterly Income Statement
Income Statement - CubeSmart (CUBE)
$(Billion, Million)| Mar-26 | Dec-25 | Sep-25 | Jun-25 | Mar-25 | Dec-24 | Sep-24 | Jun-24 | Mar-24 | Dec-23 | Sep-23 | Jun-23 | Mar-23 | Dec-22 | Sep-22 | Jun-22 | Mar-22 | Dec-21 | Sep-21 | Jun-21 | Mar-21 | Dec-20 | Sep-20 | Jun-20 | Mar-20 | Dec-19 | Sep-19 | Jun-19 | Mar-19 | Dec-18 | Sep-18 | Jun-18 | Mar-18 | Dec-17 | Sep-17 | Jun-17 | Mar-17 | Dec-16 | Sep-16 | Jun-16 | Mar-16 | Dec-15 | Sep-15 | Jun-15 | Mar-15 | Dec-14 | Sep-14 | Jun-14 | Mar-14 | Dec-13 | Sep-13 | Jun-13 | Mar-13 | Dec-12 | Sep-12 | Jun-12 | Mar-12 | Dec-11 | Sep-11 | Jun-11 | Mar-11 | Dec-10 | Sep-10 | Jun-10 | Mar-10 | Dec-09 | Sep-09 | Jun-09 | Mar-09 | Dec-08 | Sep-08 | Jun-08 | Mar-08 | Dec-07 | Sep-07 | Jun-07 | Mar-07 | Dec-06 | Sep-06 | Jun-06 | Mar-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 281.93 | 282.69 | 285.08 | 282.30 | 273.04 | 267.73 | 270.89 | 266.21 | 261.41 | 266.73 | 267.88 | 261.60 | 257.37 | 262.33 | 262.26 | 249.34 | 238.86 | 222.58 | 213.38 | 199.70 | 189.28 | 179.18 | 172.47 | 163.62 | 164.08 | 165.66 | 166.55 | 159.02 | 152.85 | 153.88 | 153.37 | 147.82 | 142.88 | 143.48 | 143.87 | 138.56 | 133.04 | 132.55 | 132.10 | 126.53 | 118.87 | 114.99 | 115.97 | 109.87 | 103.69 | 100.27 | 97.09 | 92.34 | 87.27 | 81.96 | 82.83 | 82.30 | 78.46 | 77.37 | 74.13 | 69.32 | 67.20 | 63.65 | 60.45 | 59.40 | 57.54 | 52.15 | 57.01 | 54.76 | 53.12 | 52.93 | 54.86 | 57.01 | 57.68 | 58.45 | 60.72 | 60.41 | 60.06 | 59.42 | 58.31 | 56.31 | 55.53 | 55.11 | 56.41 | 52.44 | 48.13 |
| Cost of revenue | 212.94 | 538.41 | 90.85 | 155.52 | 82.93 | 75.75 | 81.87 | 83.10 | 127.75 | 46.79 | 77.55 | 74.82 | 71.13 | 50.09 | 76.73 | 73.47 | 70.57 | 42.06 | 64.07 | 63.75 | 61.23 | 38.55 | 57.10 | 55.35 | 55.74 | 43.23 | 53.47 | 50.12 | 51.43 | 49.83 | 48.76 | 49.53 | 48.75 | 44.66 | 47.15 | 44.82 | 44.87 | 42.22 | 41.81 | 41.61 | 40.22 | 38.23 | 39.30 | 38.21 | 37.43 | 34.71 | 33.62 | 32.08 | 32.29 | 30.28 | 30.10 | 29.96 | 30.82 | 28.81 | 29.20 | 27.65 | 27.29 | 25.11 | 24.94 | 25.09 | 25.61 | 21.78 | 24.60 | 24.42 | 22.97 | 22.15 | 23.15 | 26.00 | 23.61 | 25.39 | 24.74 | 24.78 | 25.39 | -170.09 | 0.01 | 0.01 | 0.04 | -156.91 | 0.02 | 0.01 | 0.02 |
| Gross profit | 68.99 | -255.72 | 194.23 | 126.79 | 190.10 | 191.98 | 189.02 | 183.11 | 133.65 | 219.94 | 190.33 | 186.77 | 186.24 | 212.24 | 185.53 | 175.87 | 168.29 | 180.52 | 149.32 | 135.95 | 128.06 | 140.63 | 115.37 | 108.28 | 108.34 | 122.43 | 113.08 | 108.90 | 101.42 | 104.05 | 104.62 | 98.29 | 94.12 | 98.82 | 96.71 | 93.74 | 88.16 | 90.33 | 90.29 | 84.92 | 78.65 | 76.76 | 76.67 | 71.66 | 66.26 | 65.56 | 63.47 | 60.26 | 54.98 | 51.68 | 52.73 | 52.35 | 47.64 | 48.56 | 44.94 | 41.68 | 39.91 | 38.54 | 35.51 | 34.32 | 31.93 | 30.37 | 32.41 | 30.34 | 30.15 | 30.78 | 31.71 | 31.01 | 34.06 | 33.07 | 35.98 | 35.63 | 34.67 | 229.50 | 58.30 | 56.29 | 55.50 | 212.01 | 56.39 | 52.43 | 48.11 |
| Total operating expenses | -44.25 | -366.81 | 83.19 | 14.90 | 75.22 | 67.89 | 65.48 | 65.66 | 15.63 | 38.48 | 64.05 | 14.33 | 14.67 | 35.38 | 13.39 | 13.73 | 14.53 | 34.24 | 12.10 | 11.56 | 10.92 | 28.22 | 10.19 | 9.54 | 10.37 | 21.10 | 53.39 | 50.46 | 47.59 | 48.95 | 45.02 | 43.39 | 43.71 | 43.08 | 44.20 | 45.54 | 47.61 | 47.87 | 49.89 | 49.34 | 47.58 | 44.15 | 45.75 | 45.20 | 45.07 | 43.92 | 39.09 | 37.55 | 34.68 | 33.46 | 35.82 | 36.76 | 37.45 | 38.46 | 36.63 | 33.75 | 32.21 | 27.70 | 21.52 | 22.79 | 21.60 | 20.79 | 22.15 | 23.21 | 22.25 | 23.21 | 23.45 | 24.33 | 48.67 | 35.26 | 38.25 | 52.21 | 25.45 | 52.59 | 47.48 | 44.82 | 46.03 | 47.32 | 45.76 | 41.11 | 39.12 |
| Operating income | 113.23 | 111.09 | 111.04 | 111.89 | 114.88 | 124.09 | 123.55 | 117.46 | 118.03 | 181.46 | 126.28 | 172.45 | 171.57 | 176.86 | 172.14 | 162.15 | 153.77 | 146.28 | 137.22 | 124.39 | 117.14 | 112.41 | 105.18 | 98.74 | 97.97 | 101.32 | 59.69 | 58.43 | 53.83 | 55.11 | 59.60 | 54.90 | 50.41 | 55.51 | 52.28 | 47.53 | 40.39 | 41.70 | 39.51 | 33.02 | 28.73 | 31.80 | 29.71 | 25.71 | 20.68 | 17.81 | 23.13 | 22.71 | 20.29 | 18.23 | 16.91 | 15.59 | 10.19 | 10.11 | 8.31 | 7.93 | 7.71 | 10.84 | 13.99 | 11.53 | 10.33 | 9.59 | 10.26 | 7.13 | 7.90 | 7.57 | 8.26 | 6.68 | 9.01 | 8.82 | 9.68 | 8.19 | 9.23 | 8.14 | 9.51 | 11.49 | 9.50 | 7.46 | 10.34 | 11.34 | 9.01 |
| Non-operating income (net) | -30.35 | -33.37 | -28.62 | -29.46 | -26.13 | -22.20 | -22.60 | -23.27 | -23.17 | -68.32 | -23.20 | -74.17 | -73.62 | -94.68 | -58.70 | -103.55 | -115.50 | -99.72 | -46.65 | -74.02 | -73.83 | -69.45 | -57.78 | -59.80 | -59.65 | -58.81 | -17.10 | -8.56 | -18.05 | -6.47 | -16.29 | -16.15 | -15.61 | -15.65 | -14.57 | -14.70 | -15.19 | -14.65 | -14.42 | -12.63 | -12.87 | 5.95 | -11.09 | -11.84 | -12.16 | -12.27 | -14.54 | -14.72 | -16.05 | -12.82 | -11.02 | -13.02 | -11.03 | -12.14 | -6.41 | -11.02 | -10.97 | -18.94 | -9.95 | -11.84 | -9.85 | -15.60 | -11.74 | -11.65 | -11.38 | -7.90 | -1.44 | -9.53 | -11.12 | -6.03 | -5.66 | -7.93 | -13.21 | -21.22 | -13.64 | -11.20 | -12.86 | -16.01 | -12.28 | -11.37 | -10.60 |
| Income before tax | 82.89 | 77.72 | 82.42 | 82.43 | 88.75 | 101.89 | 100.95 | 94.19 | 94.86 | 113.14 | 103.07 | 98.28 | 97.94 | 82.17 | 113.44 | 58.59 | 38.27 | 46.56 | 90.57 | 50.37 | 43.32 | 42.96 | 47.40 | 38.93 | 38.32 | 42.51 | 42.60 | 49.88 | 35.79 | 48.64 | 43.30 | 38.75 | 34.80 | 39.86 | 37.71 | 32.84 | 25.21 | 27.05 | 25.09 | 20.38 | 15.86 | 37.74 | 18.62 | 13.87 | 8.52 | 5.54 | 8.59 | 7.99 | 4.24 | 5.41 | 5.88 | 2.58 | -0.84 | -2.04 | 1.89 | -3.10 | -3.26 | -8.11 | 4.04 | -0.31 | 0.48 | -6.02 | -1.48 | -4.52 | -3.48 | -0.33 | 6.82 | -2.84 | -2.11 | 2.79 | 4.02 | 0.26 | -3.98 | -13.08 | -4.13 | 0.30 | -3.36 | -8.55 | -1.94 | -0.03 | -1.59 |
| Income tax expense | 0.53 | 101.89 | -0.55 | 0.22 | 0.33 | 200.15 | -102.65 | -97.88 | 0.38 | 23.56 | 23.85 | 23.06 | 22.82 | 20.98 | 23.40 | 21.42 | 21.51 | -1.36 | 19.51 | 18.50 | 19.72 | -1.19 | 20.45 | 28.94 | 17.90 | -1.12 | 15.07 | 15.67 | 15.65 | -1.01 | 15.33 | 14.41 | 12.94 | -0.27 | 12.02 | 12.34 | 12.01 | -0.42 | 10.43 | 10.71 | 10.59 | 0.07 | 9.69 | 10.23 | 9.62 | 10.88 | -0.49 | 10.52 | 9.85 | 4.80 | 11.06 | 4.54 | 10.43 | 3.40 | 7.14 | 10.29 | 10.34 | -9.48 | 11.74 | 11.65 | 11.38 | 1.87 | 0.00 | 9.53 | 11.12 | 0.30 | 18.45 | 7.93 | 0.00 | -7.19 | 14.96 | 0.00 | 12.86 | -3.56 | 12.59 | 11.37 | 10.60 | ||||
| Net income | 82.89 | 78.70 | 82.93 | 82.96 | 89.20 | 101.89 | 100.80 | 93.96 | 94.53 | 112.67 | 102.65 | 97.88 | 97.57 | 81.86 | 112.89 | 58.36 | 38.16 | 45.35 | 87.65 | 48.75 | 41.73 | 42.33 | 46.89 | 38.51 | 37.90 | 42.05 | 42.15 | 49.42 | 35.50 | 48.16 | 42.90 | 38.41 | 34.42 | 39.55 | 37.30 | 32.46 | 24.99 | 26.31 | 23.38 | 18.92 | 14.25 | 35.61 | 16.94 | 12.22 | 6.93 | 5.48 | 6.98 | 6.38 | 4.53 | 21.45 | 14.84 | 2.55 | -0.39 | 1.48 | 1.64 | 2.54 | -3.84 | -8.01 | 6.83 | 0.90 | -0.12 | 2.08 | -1.48 | -4.52 | -3.48 | -2.80 | 6.82 | -2.84 | -2.11 | 2.49 | 4.02 | 0.26 | -3.98 | -5.88 | -4.13 | 0.30 | -3.36 | -5.82 | -1.94 | -0.03 | -1.59 |