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Extra Space Storage Inc. (EXR) Form 10-Q — Oct 30, 2026

$EXRForm 10-QFiled Oct 30, 2026, 4:31 PM ET0001289490-26-000065Original filing

Extra Space Storage reported Q3 2026 diluted EPS of $1.17, up from $0.78 a year earlier, on total revenues of $889.8 million (+3.6% YoY). Same-store NOI grew 4.6% and same-store occupancy ended the quarter at 94.0%. The company repurchased 2.39 million shares in September at an average $136.85, exhausting its prior $500 million authorization, and on October 15, 2026 the board authorized a new $500 million repurchase program.

Key figures

Eps
1.17
Eps Beat
0
Revenue
889792000
Net Income
259445000
Total Debt
13621366000
Revenue Yoy
3.6% (Q3 2026 vs Q3 2025); nine-month revenue $2.62B, +4.0%
Total Assets
28963119000
Cash Position
114824000
Shares Outstanding
208719831
Net Income Attributable Common
247759000
Fixed rate debt pct
79.6%
Q3 shares repurchased
2390497
Q3 repurchase avg price
136.85
Q3 2025 ffo attributable
445144000
Q3 2026 ffo attributable
468182000
Same store noi growth q3
4.6%
Stores owned or interest
2448
New buyback authorization
500000000
Q3 diluted eps prior year
0.78
Impairment loss two jvs q3
13883000
Stores managed third party
1963
Weighted avg interest rate
4.4%
Same store occupancy period end
94.0%

AI analysis

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