CubeSmart FY26 Q2 diluted EPS rises 8.33% to $0.39; revenue increases 1.48% to $286.49 million

• CubeSmart posted Q2 GAAP diluted EPS of $0.39, rising from $0.36 a year earlier; net income attributable to common shareholders climbed to $89.6 million.
• FFO, as adjusted, fell to $143.1 million; FFO, as adjusted, per diluted share slipped 3.1% to $0.63.
• Same-store NOI declined 0.7% as revenue rose 0.8% and operating expenses increased 4.4%; same-store occupancy averaged 90.4% and ended at 91%.
• Amended revolving credit facility, lifting capacity to $1 billion and extending maturity to June 2030; repurchased 1,100,000 shares for $42.5 million.
• Guided 2026 GAAP diluted EPS at $1.58-$1.64 and FFO, as adjusted, per share at $2.54-$2.60; formed Heitman JV for 15 stores valued at $197 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CubeSmart published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607301615PRIMZONEFULLFEED9801219) on July 30, 2026, and is solely responsible for the information contained therein.