AI brief of an SEC Form 8-K · CubeSmart (CUBE)

CubeSmart investor deck shows same-store NOI down 1.1% year to date through September

Negative Impact 3 of 5 earnings Written later

CubeSmart furnished a December 2025 investor presentation that restates its 2025 year-to-date results and full-year outlook. Same-store revenue fell 0.6% and same-store net operating income fell 1.1% through September 30, 2025, and the full-year outlook projects same-store NOI declines of 0.75% to 1.75%. The filing includes no new earnings release, and the outlook was last updated on October 30, 2025.

Key points

  • Year-to-date through September 30, 2025: same-store revenue down 0.6%, same-store expenses up 0.7%, same-store NOI down 1.1%
  • Full-year 2025 outlook: same-store NOI growth of (1.75%) to (0.75%); FFO, as adjusted, of $2.56 to $2.60 per share, last updated October 30, 2025
  • Acquired the remaining 80% interest in the HVP IV joint venture for $452.8 million, including $44.4 million to repay debt
  • Issued $450.0 million of 5.125% senior unsecured notes due 2035 on August 20, 2025

The filing

CompanyCubeSmart (CUBE)
Form8-K, current report
Filed with the SECDec 2, 2025, 4:44 PM ET
Accession number0001298675-25-000047

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 12:56 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on December 02, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.