CubeSmart (CUBE) Revenue & Revenue Breakdown


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CubeSmart Revenue Highlights


Latest Revenue (Y)

$1.12B

Latest Revenue (Q)

$285.08M

Main Segment (Y)

Other Property Related Income

Main Geography (Y)

Other Property Related Income

CubeSmart Revenue by Period


CubeSmart Revenue by Year

DateRevenueChange
2025-12-31$1.12B5.33%
2024-12-31$1.07B1.51%
2023-12-31$1.05B4.03%
2022-12-31$1.01B22.74%
2021-12-31$822.56M21.08%
2020-12-31$679.36M3.71%
2019-12-31$655.04M9.55%
2018-12-31$597.94M6.98%
2017-12-31$558.94M9.59%
2016-12-31$510.04M14.74%
2015-12-31$444.52M17.92%
2014-12-31$376.96M18.39%
2013-12-31$318.39M12.48%
2012-12-31$283.08M19.14%
2011-12-31$237.60M9.58%
2010-12-31$216.83M-0.21%
2009-12-31$217.29M-8.08%
2008-12-31$236.40M3.16%
2007-12-31$229.17M7.53%
2006-12-31$213.11M43.88%
2005-12-31$148.12M61.69%
2004-12-31$91.61M13.34%
2003-12-31$80.83M5.54%
2002-12-31$76.58M22.98%
2001-12-31$62.28M17.30%
2000-12-31$53.09M-

CubeSmart generated $1.12B in revenue during NA 2025, up 5.33% compared to the previous quarter, and up 165.32% compared to the same period a year ago.

CubeSmart Revenue by Quarter

DateRevenueChange
2025-09-30$285.08M0.98%
2025-06-30$282.30M3.39%
2025-03-31$273.04M1.98%
2024-12-31$267.73M-1.17%
2024-09-30$270.89M1.76%
2024-06-30$266.21M1.84%
2024-03-31$261.41M-1.40%
2023-12-31$265.13M-1.03%
2023-09-30$267.88M2.71%
2023-06-30$260.81M1.67%
2023-03-31$256.53M-1.71%
2022-12-31$260.99M-0.16%
2022-09-30$261.41M5.12%
2022-06-30$248.66M4.23%
2022-03-31$238.56M7.50%
2021-12-31$221.91M4.40%
2021-09-30$212.56M6.68%
2021-06-30$199.25M5.51%
2021-03-31$188.84M5.62%
2020-12-31$178.79M3.64%
2020-09-30$172.51M5.32%
2020-06-30$163.80M-0.17%
2020-03-31$164.08M-0.86%
2019-12-31$165.51M-0.63%
2019-09-30$166.55M4.74%
2019-06-30$159.02M4.04%
2019-03-31$152.84M-0.67%
2018-12-31$153.88M0.33%
2018-09-30$153.37M3.76%
2018-06-30$147.81M3.46%
2018-03-31$142.88M-0.42%
2017-12-31$143.48M-0.27%
2017-09-30$143.87M3.83%
2017-06-30$138.56M4.15%
2017-03-31$133.04M0.37%
2016-12-31$132.55M0.34%
2016-09-30$132.10M4.40%
2016-06-30$126.53M6.44%
2016-03-31$118.87M3.37%
2015-12-31$114.99M-0.84%
2015-09-30$115.97M5.55%
2015-06-30$109.87M5.96%
2015-03-31$103.69M3.41%
2014-12-31$100.27M3.27%
2014-09-30$97.09M5.15%
2014-06-30$92.34M5.81%
2014-03-31$87.27M6.48%
2013-12-31$81.96M-1.06%
2013-09-30$82.83M0.64%
2013-06-30$82.30M4.90%
2013-03-31$78.46M4.59%
2012-12-31$75.01M1.18%
2012-09-30$74.13M6.94%
2012-06-30$69.32M3.16%
2012-03-31$67.20M5.58%
2011-12-31$63.65M5.30%
2011-09-30$60.45M1.75%
2011-06-30$59.40M3.24%
2011-03-31$57.54M10.35%
2010-12-31$52.15M-8.54%
2010-09-30$57.01M4.12%
2010-06-30$54.76M3.08%
2010-03-31$53.12M0.36%
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$60.72M0.52%
2008-06-30$60.41M-

CubeSmart generated $285.08M in revenue during Q3 2025, up 0.98% compared to the previous quarter, and up 107.09% compared to the same period a year ago.

CubeSmart Revenue Breakdown


CubeSmart Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 25Dec 24Dec 23Dec 22Dec 21
Other Property Related Income$126.22M$113.65M$101.79M$96.17M$83.61M
Property Management Fee Income$40.24M$41.42M$36.54M$34.17M$31.21M

CubeSmart's latest annual revenue breakdown by segment (product or service), as of Dec 25: Other Property Related Income (75.82%), and Property Management Fee Income (24.18%).

Quarterly Revenue by Product

Product/ServiceDec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20
Other Property Related Income$32.13M$31.73M$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----
Property Management Fee Income$9.64M$9.95M$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----
Management Service----------------$8.26M$7.67M$7.06M$7.37M
Real Estate Other----------------$21.89M$21.22M$19.30M$18.38M

CubeSmart's latest quarterly revenue breakdown by segment (product or service), as of Dec 25: Other Property Related Income (76.92%), and Property Management Fee Income (23.08%).

CubeSmart Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 22Dec 21Dec 20Dec 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


TickerCompanyLast Year RevenueLast Quarter Revenue
LINELineage$5.36B$1.38B
BRXBrixmor Property Group$1.37B$340.84M
FRTFederal Realty Investment Trust$1.28B$322.25M
CUBECubeSmart$1.12B$285.08M
REXRRexford Industrial Realty$1.00B$214.10M
NNNNNN REIT$926.21M$230.16M
STAGSTAG Industrial$845.18M$211.12M
FRFirst Industrial Realty Trust$727.08M$181.43M
EGPEastGroup Properties$721.34M$182.14M

CUBE Revenue FAQ


What is CubeSmart’s yearly revenue?

CubeSmart's yearly revenue for 2025 was $1.12B, representing an increase of 5.33% compared to 2024. The company's yearly revenue for 2024 was $1.07B, representing an increase of 1.51% compared to 2023. CUBE's yearly revenue for 2023 was $1.05B, representing an increase of 4.03% compared to 2022.

What is CubeSmart’s quarterly revenue?

CubeSmart's quarterly revenue for Q3 2025 was $285.08M, a 0.98% increase from the previous quarter (Q2 2025), and a 5.24% increase year-over-year (Q3 2024). The company'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). CUBE'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).

What is CubeSmart’s revenue growth rate?

CubeSmart's revenue growth rate for the last 3 years (2023-2025) was 6.93%, and for the last 5 years (2021-2025) was 36.54%.

What are CubeSmart’s revenue streams?

CubeSmart's revenue streams in c 25 are Other Property Related Income, and Property Management Fee Income. Other Property Related Income generated $126.22M in revenue, accounting 75.82% of the company's total revenue, up 11.06% year-over-year. Property Management Fee Income generated $40.24M in revenue, accounting 24.18% of the company's total revenue, down -2.85% year-over-year.

What is CubeSmart’s main source of revenue?

For the fiscal year ending Dec 25, the largest source of revenue of CubeSmart was Other Property Related Income. This segment made a revenue of $126.22M, representing 75.82% of the company's total revenue.