Public Storage's results for Q3 2026 (ended Sep 30, 2026) come from the company's own earnings release, filed with the SEC on 2026-10-26. Everything below is taken from that filing; quotes are copied exactly. Company outlooks are the company's own.
At a glance
| Item | Value |
|---|---|
| Revenue (GAAP) | $1,366 million (+11.6% vs a year earlier) |
| Diluted EPS (GAAP) | $1.69 |
| Adjusted per-share figure (company's non-GAAP measure; FFO/AFFO for REITs) | $4.34 |
| Full-year guidance | Raised |
Guidance
Public Storage raised 2026 Core FFO guidance to $16.90–$17.10 per share from $16.75–$17.05 and lifted same-store revenue and NOI growth ranges.
Why this label: 'Raised its previously provided guidance' incl. Core FFO/share to $16.90–$17.10 from $16.75–$17.05; same-store expense guide lower (non-core).
| Metric | Period | New | Prior (as stated in the release) |
|---|---|---|---|
| Core FFO per share | FY2026 | $16.90–17.10 | $16.75–17.05 |
| Same Store NOI growth | FY2026 | (0.8)%–0.2% | (2.0)%–(0.3)% |
| Same Store revenue growth | FY2026 | 0.0%–0.5% | (0.7)%–0.3% |
| Same Store expense growth | FY2026 | 1.5%–2.5% | 2.0%–3.0% |
| Non-Same Store NOI (excl. NSA and PS Canada) | FY2026 | $355–363 million | $343–357 million |
From the release
Revenue: "Total revenues · 1,366,190 · 1,224,043"
Earnings per share: "Net income per common share – Diluted (1) · $ · 1.69 · $ · 2.62"
Core FFO per share: "Core FFO per share: · $16.90 · $17.10 · $16.75 · $17.05 · $0.10"
Same Store NOI growth: "Net operating income growth · (0.8)% · 0.2% · (2.0)% · (0.3)% · 0.9%"
Same Store revenue growth: "Revenue growth · —% · 0.5% · (0.7)% · 0.3% · 0.5%"
Quotes are copied from the filing; in table rows, cell borders are shown as “·”.
Key fact: Raised 2026 Core FFO guide to $16.90–$17.10 per share; closed NSA and PS Canada acquisitions.
Source
Public Storage earnings release (SEC filing), accession 0001628280-26-067283, filed 2026-10-26.
Part of the Q3 2026 Guidance Tracker. Educational only, not advice. Free weekly recap every Sunday: yieldterminalpro.com/newsletter.