Extra Space Storage said Q3 2025 net income attributable to common stockholders was $0.78 per diluted share, down (14.3%) from the prior-year period. Core FFO for the same quarter was $2.08 per diluted share, up 0.5% from a year earlier.

1. 01

   Extra Space Storage said Q3 2025 net income attributable to common stockholders was $0.78 per diluted share, down (14.3%) from the prior-year period. Core FFO for the same quarter was $2.08 per diluted share, up 0.5% from a year earlier.

2. 02

   The company said same-store revenue for Q3 decreased (0.2)% year over year and same-store NOI decreased (2.5)%. It said same-store operating expenses rose 5.8%, and same-store occupancy at quarter end was 93.7%.

3. 03

   The company said it recognized a net loss of $105.1 million related to assets held for sale and sold in Q3. It also originated $122.7 million in bridge loans and sold $71.1 million in bridge loans during the quarter, and bridge loan balances at quarter end were approximately $1.5 billion.

4. 04

   The company set its full-year 2025 Core FFO outlook at $8.12 to $8.20 per share as of October 29, 2025, compared with its prior outlook of $8.05 to $8.25 as of July 30, 2025.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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