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Extra Space Storage (EXR) Q3 2026 Earnings: Guidance Raised

Q3 2026 (ended Sep 30, 2026): revenue, EPS and full-year guidance from the SEC filing

Published Nov 5, 2026

TL;DR

  • Extra Space Storage raised its full-year guidance; revenue +3.6% vs a year earlier.

Extra Space Storage's results for Q3 2026 (ended Sep 30, 2026) come from the company's own earnings release, filed with the SEC on 2026-10-27. Everything below is taken from that filing; quotes are copied exactly. Company outlooks are the company's own.

At a glance

ItemValue
Revenue (GAAP)$890 million (+3.6% vs a year earlier)
Diluted EPS (GAAP)$1.17
Adjusted per-share figure (company's non-GAAP measure; FFO/AFFO for REITs)$2.17
Full-year guidanceRaised

Guidance

Raised 2026 Core FFO per share outlook to $8.40–$8.50 from $8.25–$8.40; same-store NOI growth now 2.5%–3.5% from 0.5%–2.5%.

Why this label: Outlook table Current (Oct 27) vs Prior (Jul 28): Core FFO $8.40-8.50 vs $8.25-8.40; lower expense growth is a cost item; nothing core lower.

MetricPeriodNewPrior (as stated in the release)
Core FFO per diluted shareFY2026$8.40–$8.50$8.25–$8.40
same-store revenue growthFY20262.00%–2.50%1.00%–2.00%
same-store expense growthFY20260.00%–0.50%1.00%–2.00%
same-store NOI growthFY20262.50%–3.50%0.50%–2.50%
net income attributable to common stockholders per diluted shareFY2026$4.48–$4.58not stated

From the release

Revenue: "Total revenues · 889,792 · 858,460"

Earnings per share: "FFO, excluding adjustments (“Core FFO”), was $2.17 per diluted share, representing a 4.3% increase compared to the same period in the prior year."

Core FFO per diluted share: "Core FFO · $8.40 · $8.50 · $8.25 · $8.40"

same-store revenue growth: "Same-store revenue growth · 2.00% · 2.50% · 1.00% · 2.00%"

same-store expense growth: "Same-store expense growth · 0.00% · 0.50% · 1.00% · 2.00%"

Quotes are copied from the filing; in table rows, cell borders are shown as “·”.

Key fact: Raised 2026 Core FFO outlook to $8.40–$8.50 per share from $8.25–$8.40.

Source

Extra Space Storage earnings release (SEC filing), accession 0001289490-26-000061, filed 2026-10-27.

Part of the Q3 2026 Guidance Tracker. Educational only, not advice. Free weekly recap every Sunday: yieldterminalpro.com/newsletter.

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