Extra Space Storage Q3: Net income jumps 49.3% to $247.8M, buybacks surge to $328.6M

Filed October 30, 2026 · Period ending September 30, 2026 · Compared to 10-Q Oct 31, 2025 · ~1 min read

Key Changes

• high

  Net income rose 49.3% to $247.8M, with diluted EPS up 50.0% to $1.17, driven by higher same-store NOI and lower held-for-sale losses.

  MD&A: Results verify on EDGAR →
• high

  Share repurchases totaled $328.6M in the first nine months of 2026, up from $8.6M a year earlier; board authorized a new $500M buyback program on Oct 15.

  Notes: Share Repurchases verify on EDGAR →
• high

  Same-store net operating income grew 4.6% in Q3, reversing a 2.5% decline a year ago, as the same-store pool expanded to 1,869 stores.

  MD&A: Same-Store verify on EDGAR →