CubeSmart (CUBE) stock — is it a good business?

CubeSmart (CUBE) stock — is it a good business? — InspectStocks

Just reported

Q3 2026 results

From CubeSmart's results release of October 30, 2026. These are the company's first figures; its 10-Q or 10-K replaces them when filed.

Revenue
Actual
$294M
+3.1% y/y
Guided
—
No guide given

Company outlook

Full year 2026

EPS$1.60 – $1.62First given

Set against the company's own guidance and the same quarter a year earlier, not analysts' estimates, which we do not hold. Adjusted figures are the company's own non-GAAP measures, as stated in the release.

The full earnings report →

How it makes money

Renting storage space and related property income76%
Managing storage properties for other owners24%

Shares of revenue are estimates for quarter ended March 31, 2026, not figures from a filing.

Competes with

What it sells4

Self-storage units
Rented spaces where households and businesses keep belongings, inventory, or equipment.
Climate-controlled storage
Storage units with climate control, available at many of CubeSmart’s properties.
Outdoor vehicle and boat storage
Outdoor storage areas for customers’ vehicles and boats at some properties.
Storage property management
Management services for storage facilities owned by other parties.

Who buys it3

Households rent units, usually month to month, to store personal belongings, often around a move or a change in storage needs.
Businesses rent units to store inventory, equipment, and other business property.
Owners of storage facilities pay CubeSmart to manage their properties.

What it stands on, and what could break it

What the business leans on

1Rental income depends on customers continuing to rent units, paying their bills, and renewing or being replaced by new renters.
2Results depend on local conditions where properties are located; New York, Florida, Texas, and California together contributed a substantial portion of revenue in the first half of 2026.
3Growth and debt repayment depend in part on access to borrowing and other sources of capital; as a real estate investment trust (REIT), CubeSmart also has annual income-distribution requirements.

What could go wrong

1A decline in moving activity, household spending, or demand for storage could lower occupancy or the rents CubeSmart can charge.
2Nearby storage competitors can draw away renters and put pressure on occupancy and rental rates; competition also affects the price and availability of properties to acquire.
3Debt refinancing or new borrowing could become harder or more costly if capital markets tighten, while scheduled debt payments and property expenses still come due.

Full financial statements →

About CubeSmart

CubeSmart owns storage properties where people and businesses rent units, usually month to month; many locations have climate-controlled units. As of June 30, 2026, it owned 662 properties and managed 872 more for other owners (June 30, 2026, high). Its owned properties were 90.7% occupied at that date (June 30, 2026, high).

Head office: Malvern, Pennsylvania, United States
Founded: 2004
Employees: 3,121 (December 31, 2025, high)
Listed on: NYSE
Financial year ends: December 31

Built from CubeSmart’s own filings with the U.S. Securities and Exchange Commission (SEC). Figures are as reported, with per-share history restated onto today’s share basis. This describes a business — it is not investment advice and not a recommendation to buy or sell anything.

Just reported

Q3 2026 results

From CubeSmart's results release of October 30, 2026. These are the company's first figures; its 10-Q or 10-K replaces them when filed.

Revenue
Actual
$294M
+3.1% y/y
Guided
—
No guide given

Company outlook

Full year 2026

EPS$1.60 – $1.62First given

The full earnings report →

Keep exploring

The themes CubeSmart is part of, the highest-graded companies in its industry, and the companies in its sector whose grade rose recently.

The theme it is part of

Highest-graded in Reit Industrial

Graded A or B and worth $2B or more: A first, then the largest.

All 15 graded companies in its industry

Grade rose recently in Real Estate

Rose to A or B on a filing in the last 90 days, worth $2B or more: largest first.

All grade rises

How it makes money

Renting storage space and related property income76%
Managing storage properties for other owners24%

Shares of revenue are estimates for quarter ended March 31, 2026, not figures from a filing.

Competes with

What it sells4

Self-storage units
Rented spaces where households and businesses keep belongings, inventory, or equipment.
Climate-controlled storage
Storage units with climate control, available at many of CubeSmart’s properties.
Outdoor vehicle and boat storage
Outdoor storage areas for customers’ vehicles and boats at some properties.
Storage property management
Management services for storage facilities owned by other parties.

Who buys it3

Households rent units, usually month to month, to store personal belongings, often around a move or a change in storage needs.
Businesses rent units to store inventory, equipment, and other business property.
Owners of storage facilities pay CubeSmart to manage their properties.

What it stands on, and what could break it

What the business leans on

1Rental income depends on customers continuing to rent units, paying their bills, and renewing or being replaced by new renters.
2Results depend on local conditions where properties are located; New York, Florida, Texas, and California together contributed a substantial portion of revenue in the first half of 2026.
3Growth and debt repayment depend in part on access to borrowing and other sources of capital; as a real estate investment trust (REIT), CubeSmart also has annual income-distribution requirements.

What could go wrong

1A decline in moving activity, household spending, or demand for storage could lower occupancy or the rents CubeSmart can charge.
2Nearby storage competitors can draw away renters and put pressure on occupancy and rental rates; competition also affects the price and availability of properties to acquire.
3Debt refinancing or new borrowing could become harder or more costly if capital markets tighten, while scheduled debt payments and property expenses still come due.

Full financial statements →

About CubeSmart

Head office: Malvern, Pennsylvania, United States
Founded: 2004
Employees: 3,121 (December 31, 2025, high)
Listed on: NYSE
Financial year ends: December 31

Q3 2026 results

Revenue

Company outlook

How it makes money

Competes with

What it sells4

Who buys it3

What it stands on, and what could break it

What the business leans on

What could go wrong

About CubeSmart

Q3 2026 results

Revenue

Company outlook

Keep exploring

The theme it is part of

Highest-graded in Reit Industrial

Grade rose recently in Real Estate

How it makes money

Competes with

What it sells4

Who buys it3

What it stands on, and what could break it

What the business leans on

What could go wrong

About CubeSmart

Keep exploring

The theme it is part of

Highest-graded in Reit Industrial

Grade rose recently in Real Estate

Industrial & storage property

CubeSmart

Earnings & book value — 2 of 5

Business trend

Share price and grade over time

Q3 2026 results

Revenue

Company outlook

How it makes money

Competes with

What it sells4

Who buys it3

What it stands on, and what could break it

What the business leans on

What could go wrong

About CubeSmart

Q3 2026 results

Revenue

Company outlook

Keep exploring

The theme it is part of

Highest-graded in Reit Industrial

Grade rose recently in Real Estate

How it makes money

Competes with

What it sells4

Who buys it3

What it stands on, and what could break it

What the business leans on

What could go wrong

About CubeSmart

Keep exploring

The theme it is part of

Highest-graded in Reit Industrial

Grade rose recently in Real Estate

Industrial & storage property

CubeSmart

Past performance

Earnings & book value — 2 of 5

Business trend

Share price and grade over time