Public Storage is expected to release its Q3 2026 10-Q filing on October 27, 2026, after market close. Last quarter: PSA reported Q2 FY2026 revenue of $1.23B (+2.6% YoY) and net income of $500.0M (+39.5% YoY), as non-operating foreign exchange gains and non-same store growth offset slight declines in same-store revenue.
EPS Estimate
$2.41
Revenue Estimate
$1.31B
Analyst consensus from Finnhub. Actual results posted within minutes of the SEC filing on the PSA page.
Drawn from management commentary in the Q2 2026 10-Q:
Same Store revenues declined 0.6% YoY to $1.01B during Q2 FY2026 due to a 0.8% decrease in realized annual rent per occupied square foot ($21.89) and lower late fees, despite average occupancy increasing 0.2% to 92.5%.
On July 22, 2026, PSA closed its all-stock merger with National Storage Affiliates Trust (NSA), bringing total owned/managed properties to over 4,500 locations (327M sq ft), and entered an agreement to acquire PS Canada's 68 properties.
Net income allocable to common shareholders rose $141.3M in Q2 FY2026, primarily driven by a $163.3M foreign currency gain associated with Euro-denominated notes payable and a $7.2M gain in equity earnings from Shurgard.
Revenue
$1.23B
+2.65% YoY
EPS (Diluted)
$2.55
+44.89% YoY
Operating Income
$466.68M
-6.66% YoY
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