CubeSmart (CUBE) Revenue & Revenue Breakdown

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CubeSmart Revenue Highlights

Latest Revenue (Y)

$1.07B

Latest Revenue (Q)

$282.30M

Main Segment (Y)

Other Property Related Income

Main Geography (Y)

Other Property Related Income

CubeSmart Revenue by Period

CubeSmart Revenue by Year

Date	Revenue	Change
2024-12-31	$1.07B	1.51%
2023-12-31	$1.05B	4.03%
2022-12-31	$1.01B	22.74%
2021-12-31	$822.56M	21.11%
2020-12-31	$679.18M	5.48%
2019-12-31	$643.91M	7.69%
2018-12-31	$597.94M	6.98%
2017-12-31	$558.94M	9.59%
2016-12-31	$510.04M	14.74%
2015-12-31	$444.52M	17.92%
2014-12-31	$376.96M	18.39%
2013-12-31	$318.39M	12.48%
2012-12-31	$283.08M	19.14%
2011-12-31	$237.60M	9.58%
2010-12-31	$216.83M	-0.21%
2009-12-31	$217.29M	-8.08%
2008-12-31	$236.40M	3.16%
2007-12-31	$229.17M	7.53%
2006-12-31	$213.11M	43.88%
2005-12-31	$148.12M	61.69%
2004-12-31	$91.61M	13.34%
2003-12-31	$80.83M	5.54%
2002-12-31	$76.58M	22.98%
2001-12-31	$62.28M	17.30%
2000-12-31	$53.09M	-

CubeSmart generated $1.07B in revenue during NA 2024, up 1.51% compared to the previous quarter, and up 165.59% compared to the same period a year ago.

CubeSmart Revenue by Quarter

Date	Revenue	Change
2025-06-30	$282.30M	3.39%
2025-03-31	$273.04M	1.98%
2024-12-31	$267.73M	-1.17%
2024-09-30	$270.89M	1.76%
2024-06-30	$266.21M	1.84%
2024-03-31	$261.41M	-1.40%
2023-12-31	$265.13M	-1.03%
2023-09-30	$267.88M	2.71%
2023-06-30	$260.81M	1.67%
2023-03-31	$256.53M	-1.71%
2022-12-31	$260.99M	-0.16%
2022-09-30	$261.41M	5.12%
2022-06-30	$248.66M	4.23%
2022-03-31	$238.56M	7.50%
2021-12-31	$221.91M	4.40%
2021-09-30	$212.56M	6.68%
2021-06-30	$199.25M	5.51%
2021-03-31	$188.84M	5.62%
2020-12-31	$178.79M	3.64%
2020-09-30	$172.51M	5.32%
2020-06-30	$163.80M	-0.17%
2020-03-31	$164.08M	-0.86%
2019-12-31	$165.51M	-0.63%
2019-09-30	$166.55M	4.74%
2019-06-30	$159.02M	4.04%
2019-03-31	$152.84M	-0.67%
2018-12-31	$153.88M	0.33%
2018-09-30	$153.37M	3.76%
2018-06-30	$147.81M	3.46%
2018-03-31	$142.88M	-0.42%
2017-12-31	$143.48M	-0.27%
2017-09-30	$143.87M	3.83%
2017-06-30	$138.56M	4.15%
2017-03-31	$133.04M	0.37%
2016-12-31	$132.55M	0.34%
2016-09-30	$132.10M	4.40%
2016-06-30	$126.53M	6.44%
2016-03-31	$118.87M	3.37%
2015-12-31	$114.99M	-0.84%
2015-09-30	$115.97M	5.55%
2015-06-30	$109.87M	5.96%
2015-03-31	$103.69M	3.41%
2014-12-31	$100.27M	3.27%
2014-09-30	$97.09M	5.15%
2014-06-30	$92.34M	5.81%
2014-03-31	$87.27M	6.48%
2013-12-31	$81.96M	-1.06%
2013-09-30	$82.83M	0.64%
2013-06-30	$82.30M	4.90%
2013-03-31	$78.46M	4.59%
2012-12-31	$75.01M	1.18%
2012-09-30	$74.13M	6.94%
2012-06-30	$69.32M	3.16%
2012-03-31	$67.20M	5.58%
2011-12-31	$63.65M	5.30%
2011-09-30	$60.45M	1.75%
2011-06-30	$59.40M	3.24%
2011-03-31	$57.54M	10.35%
2010-12-31	$52.15M	-8.54%
2010-09-30	$57.01M	4.12%
2010-06-30	$54.76M	3.08%
2010-03-31	$53.12M	0.36%
2009-12-31	$52.93M	-3.51%
2009-09-30	$54.86M	-3.78%
2009-06-30	$57.01M	-1.15%
2009-03-31	$57.68M	-1.33%
2008-12-31	$58.45M	-3.73%
2008-09-30	$60.72M	0.52%
2008-06-30	$60.41M	-

CubeSmart generated $282.30M in revenue during Q2 2025, up 3.39% compared to the previous quarter, and up 107.99% compared to the same period a year ago.

CubeSmart Revenue Breakdown

CubeSmart Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 24	Dec 23	Dec 22	Dec 21	Dec 20
Other Property Related Income	$113.65M	$101.79M	$96.17M	$83.61M	-
Property Management Fee Income	$41.42M	$36.54M	$34.17M	$31.21M	-
Real Estate Other	-	-	-	-	$70.72M
Management Service	-	-	-	-	$27.45M

CubeSmart's latest annual revenue breakdown by segment (product or service), as of Dec 24: Other Property Related Income (73.29%), and Property Management Fee Income (26.71%).

Quarterly Revenue by Product

Product/Service	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20
Property Management Fee Income	$10.15M	$10.51M	$10.40M	$10.67M	$10.46M	$9.90M	$18.85M	$9.13M	$8.56M	$8.63M	$8.95M	$8.67M	$7.91M	$8.21M	-	-	-	-	-	-
Other Property Related Income	$32.60M	$29.77M	$29.10M	$29.27M	$28.96M	$26.32M	$51.65M	$25.76M	$24.38M	$24.41M	$25.62M	$23.86M	$22.28M	$21.19M	-	-	-	-	-	-
Real Estate Other	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$21.89M	$21.22M	$19.30M	$18.38M	$18.92M	$16.52M
Management Service	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$8.26M	$7.67M	$7.06M	$7.37M	$7.09M	$6.79M

CubeSmart's latest quarterly revenue breakdown by segment (product or service), as of Jun 25: Other Property Related Income (76.26%), and Property Management Fee Income (23.74%).

CubeSmart Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 22	Dec 21	Dec 20	Dec 19
Other Property Related Income	$96.17M	$83.61M	-	-
Property Management Fee Income	$34.17M	$31.21M	-	-
Management Service	-	-	$27.45M	$23.95M
Real Estate Other	-	-	$70.72M	$67.56M

CubeSmart's latest annual revenue breakdown by geography, as of Dec 22: Other Property Related Income (73.78%), and Property Management Fee Income (26.22%).

CubeSmart Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
LINE	Lineage	$5.34B	$1.35B
BRX	Brixmor Property Group	$1.29B	$340.84M
FRT	Federal Realty Investment Trust	$1.20B	$309.15M
CUBE	CubeSmart	$1.07B	$282.30M
REXR	Rexford Industrial Realty	$797.83M	$214.10M
STAG	STAG Industrial	$767.38M	$207.59M
FR	First Industrial Realty Trust	$669.64M	$181.43M
EGP	EastGroup Properties	$2.20M	$182.14M
AGNC	AGNC Investment	-	-

CUBE Revenue FAQ

What is CubeSmart’s yearly revenue?

CubeSmart's yearly revenue for 2024 was $1.07B, representing an increase of 1.51% compared to 2023. The company's yearly revenue for 2023 was $1.05B, representing an increase of 4.03% compared to 2022. CUBE's yearly revenue for 2022 was $1.01B, representing an increase of 22.74% compared to 2021.

What is CubeSmart’s quarterly revenue?

CubeSmart's quarterly revenue for Q2 2025 was $282.3M, a 3.39% increase from the previous quarter (Q1 2025), and a 6.05% increase year-over-year (Q2 2024). The company's quarterly revenue for Q1 2025 was $273.04M, a 1.98% increase from the previous quarter (Q4 2024), and a 4.45% increase year-over-year (Q1 2024). CUBE's quarterly revenue for Q4 2024 was $267.73M, a -1.17% decrease from the previous quarter (Q3 2024), and a 0.98% increase year-over-year (Q4 2023).

What is CubeSmart’s revenue growth rate?

CubeSmart's revenue growth rate for the last 3 years (2022-2024) was 5.61%, and for the last 5 years (2020-2024) was 56.99%.

What are CubeSmart’s revenue streams?

CubeSmart's revenue streams in c 24 are Other Property Related Income, and Property Management Fee Income. Other Property Related Income generated $113.65M in revenue, accounting 73.29% of the company's total revenue, up 11.64% year-over-year. Property Management Fee Income generated $41.42M in revenue, accounting 26.71% of the company's total revenue, up 13.36% year-over-year.

What is CubeSmart’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of CubeSmart was Other Property Related Income. This segment made a revenue of $113.65M, representing 73.29% of the company's total revenue.