Extra Space Storage said diluted net income per share for the Q3 2026 period 3 months ended was $1.17, up 50.0% from $0.78 a year earlier, and Core FFO per diluted share was $2.17, up 4.3%. The company said the prior-year period included a loss on real estate assets sold in 2025.

1. 01

   Extra Space Storage said diluted net income per share for the Q3 2026 period 3 months ended was $1.17, up 50.0% from $0.78 a year earlier, and Core FFO per diluted share was $2.17, up 4.3%. The company said the prior-year period included a loss on real estate assets sold in 2025.

2. 02

   The company said same-store revenue rose 2.7% in Q3 2026, same-store expenses fell 1.8%, and same-store NOI rose 4.6%. It said same-store ending occupancy as of September 30 was 94.0%, compared with 93.7% on the same date a year earlier.

3. 03

   The company repurchased 2,390,497 shares for $327.1 million at an average price of $136.85 during the Q3 2026 period 3 months ended. It said that after quarter end it fully used the capacity of its $500.0 million share repurchase program, and that its board approved a new repurchase program on October 15, 2026 allowing repurchases of up to $500.0 million.

4. 04

   The company said its annual Core FFO outlook for 2026 is $8.40 to $8.50 per share as of October 27, 2026, versus the prior outlook of $8.25 to $8.40 given on July 28, 2026. Its annual same-store revenue growth outlook is 2.00% to 2.50%.

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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