CubeSmart (CUBE) Financial Statements
Historical financial data — 39 statements covering FY2019–FY2025
CubeSmart is a real estate investment trust that acquires, owns, and manages self-storage facilities throughout the United States. The company's real estate portfolio is composed of buildings with...
CubeSmart's revenue increased 5.3% year over year, from $1.07B to $1.12B.
Net income decreased 14.7% over the same period, from $391.2M to $333.8M.
Over the 6-year period from FY2019 to FY2025, revenue grew by 74% in total.
Operating cash flow declined 3.6% to $608.5M.
CubeSmart maintains a strong net profit margin of 29.7%.
Recent Financial Statements
Quarterly figures are standalone quarters, de-cumulated from YTD filings (Q4 = FY − Q3 YTD when not reported).
| Period | Revenue | Net Income | Gross Profit | EBIT | Op. Cash Flow | Total Assets | Total Debt | Equity |
|---|---|---|---|---|---|---|---|---|
| Q4 FY2023 | $265.1M-1.0% | $112.7M | $193.8M | $193.8M | $146.0M | $6.23B | N/A | $2.80B |
| Q3 FY2024 | $798.5M+201.2% | $289.3M | $556.5M | $556.5M | $466.4M | $6.19B | N/A | $2.79B |
| Q4 FY2024 | $267.7M-66.5% | $101.9M | $192.0M | $192.0M | $164.7M | $6.39B | N/A | $2.87B |
| Q1 FY2025 | $273.0M+2.0% | $89.2M | $190.1M | $190.1M | $146.3M | $6.74B | N/A | $2.84B |
| Q2 FY2025 | $282.3M+3.4% | $83.0M | $193.3M | $193.3M | $157.5M | $6.71B | N/A | $2.81B |
| Q3 FY2025 | $285.1M+1.0% | $82.9M | $194.2M | $194.2M | $168.2M | $6.76B | N/A | $2.78B |
| Q4 FY2025 | $282.7M-0.8% | $78.7M | $194.1M | $194.1M | $136.5M | $6.64B | N/A | $2.72B |
| Q1 FY2026 | $281.9M-0.3% | $82.9M | $191.9M | $191.9M | $148.8M | $6.60B | N/A | $2.65B |
Balance Sheet Summary (Latest Period)
CubeSmart (CUBE) Financial Statements & Revenue History
CubeSmart (CUBE) is a US-listed stock operating in the Real Estate sector, specifically the Real Estate Investment Trusts industry trading at $38.56 with a market capitalization of $9. This page provides 39 historical financial statements for CubeSmart, including income statement, balance sheet, and cash flow data across multiple reporting periods. Most recently, CubeSmart reported revenue of $1.1 billion, representing 5.3% year-over-year growth. The net profit margin of 29.7% reflects strong profitability..
CUBE Income Statement, Balance Sheet & Cash Flow
The financial statements table above shows CubeSmart's revenue, net income, gross profit, EBIT, operating cash flow, total assets, total debt, and shareholders' equity across the most recent reporting periods. Year-over-year growth rates help identify whether CUBE is accelerating or decelerating in terms of top-line revenue and bottom-line profitability.
- Revenue trend: Track CUBE's top-line growth across quarters and fiscal years to identify acceleration or deceleration in the business.
- Profitability: Net income and gross profit margins reveal how efficiently CubeSmart converts revenue into earnings.
- Balance sheet health: Total assets, liabilities, debt, and equity provide a snapshot of CUBE's financial position and leverage.
- Cash flow: Operating cash flow shows how much cash the business generates from its core operations, which is critical for funding dividends, buybacks, and growth.
How to Use CUBE Financial Data
Investors use CubeSmart's financial statements to assess the company's financial health, growth trajectory, and valuation. Key metrics to focus on include:
- Revenue growth rate: Consistent double-digit revenue growth suggests a strong business; declining revenue may signal competitive pressure.
- Net profit margin: Higher margins indicate a more efficient business with pricing power. Compare CUBE's margins to sector peers for context.
- Debt levels: High debt-to-equity ratios increase financial risk, especially in rising-rate environments. Low debt provides flexibility.
- Valuation multiples: See how CUBE's P/E, P/S, and EV/EBITDA ratios compare to historical levels.
- Full analysis: View CUBE's financial health score, earnings, and pre-market pricing.
Financial data is sourced from CubeSmart's SEC filings (10-K, 10-Q) via Polygon.io and Finnhub.CUBE trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.