Inferra AI / Company / EXR

Extra Space Storage

EXR · Real Estate

Last earnings Oct 27, 2026

Key results

Achieved net incomequarter

$0.78

Highlights for the three months ended September 30, 2025 Achieved net income attributable to common stockholders of $0.78 per diluted share, representing a (14.3%) decrease compared to the same period in the prior year, including a loss of $105.1 million related to assets held for sale and sold.

SEC original ↗Extra Space Storage — Earnings release (8-K exhibit)EX-99Oct 29, 2025

Achieved net incomeytd

$3.23

Highlights for the nine months ended September 30, 2025 Achieved net income attributable to common stockholders of $3.23 per diluted share, representing a 15.8% increase compared to the same period in the prior year, including a net loss of $70.2 million related to assets held for sale and sold.

SEC original ↗Extra Space Storage — Earnings release (8-K exhibit)EX-99Oct 29, 2025

AI analysis

Q3 2025 · reported Oct 29, 2025

Based on: Earnings release + parent 8-K — transcript not held

Diluted EPS · Q3 2025
$0.78
EX-99 · Oct 29, 2025
Achieved net income · Q3 2025
$0.78
EX-99 · Oct 29, 2025

Headline figures

MetricQ3 2025Prior qtrYear ago
Achieved net income$0.78——

EX-99 · Oct 29, 2025

Guidance · company-stated

No guidance located in the held release

Next earningsNo verified date on fileNo date is estimated or imported

Capital allocation

Dividend$1.62

Paid a quarterly dividend of $1.62 per share.

General educational research only — not investment advice.Every figure is as stated in the held documents; values marked “computed from stated figures” are arithmetic on those stated figures. Guidance shown is the company’s own stated guidance. No price targets, no recommendations, no consensus estimates.

Event summary

Reports 2025 Third Quarter Results

Based on: Earnings release + parent 8-K — transcript not held

Guidance & outlook

No guidance located in the held release

Capital allocation

Paid a quarterly dividend of $1.62 per share.

SEC original ↗Extra Space Storage — Earnings release (8-K exhibit)EX-99Oct 29, 2025

Likewise, the Company did not repurchase any shares of common stock using its stock repurchase program during the quarter, and as of September 30, 2025, the Company had authorization to purchase up to $491.4 million under the program.

SEC original ↗Extra Space Storage — Earnings release (8-K exhibit)EX-99Oct 29, 2025

In August 2025, the Company completed a public bond offering issuing $800.0 million aggregate principal amount of 4.95% unsecured senior notes due 2033.

SEC original ↗Extra Space Storage — Earnings release (8-K exhibit)EX-99Oct 29, 2025

The Company also amended and restated its credit facility, increasing revolving line of credit capacity to $3.0 billion (from $2.0 billion) and extending the maturity of the revolving commitment to August 2029.

SEC original ↗Extra Space Storage — Earnings release (8-K exhibit)EX-99Oct 29, 2025

In connection with the amendment, the Company paid off two term loans within the credit facility totaling $655.0 million and increased other term loans within the credit facility by a total of $200.0 million, resulting in total term debt of $1.5 billion in the credit facility.

SEC original ↗Extra Space Storage — Earnings release (8-K exhibit)EX-99Oct 29, 2025

The amendment also resulted in a reduction of 10 basis points in the term loan and revolving line of credit interest rate spreads.

SEC original ↗Extra Space Storage — Earnings release (8-K exhibit)EX-99Oct 29, 2025

Strategy & priorities

Our external growth initiatives remained active during the quarter, highlighted by significant additions to our third-party management platform, substantial bridge loan originations, and strategic property acquisitions.

SEC original ↗Extra Space Storage — Earnings release (8-K exhibit)EX-99Oct 29, 2025

Forward-looking statements include statements concerning the benefits of store acquisitions, developments, market conditions, our outlook and estimates for the year and other statements concerning our plans, objectives, goals, strategies, future events, future revenues or performance, capital expenditures, financing needs, the competitive landscape, the impact of broader economic trends on the storage industry, our plans or intentions relating to acquisitions and developments, and other information that is not historical information.

SEC original ↗Extra Space Storage — Earnings release (8-K exhibit)EX-99Oct 29, 2025

In some cases, forward-looking statements can be identified by terminology such as believes, estimates, expects, may, will, should, anticipates, or intends, or the negative of such terms or other comparable terminology, or by discussions of strategy.

SEC original ↗Extra Space Storage — Earnings release (8-K exhibit)EX-99Oct 29, 2025

Risks & headwinds

There are a number of risks and uncertainties that could cause our actual results to differ materially from the forward-looking statements contained in or contemplated by this release.

SEC original ↗Extra Space Storage — Earnings release (8-K exhibit)EX-99Oct 29, 2025

Competitors

Competitors & peers

Same GICS sector — classification peers, not declared competitors

Documents

Filings

66 documents

Earnings releases

20 documents

Presentations

0 documents

No presentations for Extra Space Storage are held in this edition of the library.

Transcripts

0 documents

No transcripts for Extra Space Storage are held in this edition of the library.

See also the earnings calendar for every tracked company’s next earnings date.