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AI brief of an SEC Form 8-K · Extra Space Storage (EXR)

Extra Space Storage Q2 EPS rises 34.1%; Core FFO dips 0.5% to $2.05 per share

Mixed Impact 3 of 5 earnings Written later

Extra Space Storage reported second-quarter 2025 results for the three months ended June 30, 2025. Net income attributable to common stockholders rose to $1.18 per diluted share, up 34.1% from a year earlier, while Core FFO fell 0.5% to $2.05 per diluted share and same-store revenue was flat. The company kept its full-year Core FFO midpoint at $8.15 by narrowing the range to $8.05 to $8.25, which shareholders may watch alongside slower same-store net operating income.

Key points

  • Q2 net income of $1.18 per diluted share, up 34.1%; FFO of $1.98 per diluted share, unchanged from the prior year
  • Q2 Core FFO of $2.05 per diluted share, down 0.5%; same-store revenue flat and same-store NOI down 3.1%
  • 2025 Core FFO outlook narrowed to $8.05 to $8.25 from $8.00 to $8.30; CEO said the midpoints of FFO and same-store guidance were maintained
  • Company paid a $1.62 per share quarterly dividend and repurchased 68,585 shares for $8.6 million in the quarter

The filing

CompanyExtra Space Storage (EXR)
Form8-K, current report
Filed with the SECJul 30, 2025, 4:20 PM ET
Accession number0001289490-25-000007

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 7:01 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 July 30, 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.