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

CubeSmart Q1 same-store NOI fell 1.5% as expenses rose 5.8%; FFO per share $0.63

Mixed Impact 3 of 5 earnings Written later

CubeSmart filed a slide presentation with its May 2026 investor deck, which summarizes first-quarter 2026 results and reaffirms its full-year 2026 outlook from its April 30, 2026 earnings release. Same-store revenue grew 0.6%, but same-store expenses rose 5.8% and same-store net operating income fell 1.5%, while FFO, as adjusted, was $0.63 per share. The filing does not give prior-period comparisons for these figures.

Key points

  • Q1 2026 same-store revenue grew 0.6%, same-store expenses rose 5.8%, and same-store NOI fell 1.5%.
  • Q1 2026 FFO, as adjusted, was $0.63 per share.
  • Full-year 2026 outlook, last updated April 30, 2026: FFO, as adjusted, of $2.52 to $2.60 per share and same-store NOI growth of (1.75%) to 0.25%.
  • During the quarter, CubeSmart repurchased 0.9 million common shares for $33.4 million at an average of $36.64 per share.

The filing

CompanyCubeSmart (CUBE)
Form8-K, current report
Filed with the SECMay 4, 2026, 4:35 PM ET
Accession number0001298675-26-000021

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

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 12:56 AM ET, from the text of the filing and its press-release exhibits 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 May 04, 2026.

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