Flash FinanceUS
Market closed · weekend S&P 5007,376.86+0.31% Nasdaq24,579.42+1.09% Dow 3051,285.73-0.46% Russell 20002,754.11+0.89% Nasdaq-10026,989.99+1.35% MidCap 4003,602.50+0.56% SmallCap 6001,673.98+0.05% VIX25.64-9.01% 10Y Yield4.86+0.45% Close of Nov 06, 2026
AI brief of an SEC Form 8-K · Extra Space Storage (EXR)

Extra Space Storage Q4 Core FFO up 2.5% to $2.08 per share; 2026 outlook issued

Positive Impact 3 of 5 earnings Written later

Extra Space Storage reported fourth-quarter 2025 results on February 19, 2026. Net income per diluted share rose 9.7% to $1.36 and Core FFO per diluted share rose 2.5% to $2.08, while same-store revenue grew 0.4% and ending occupancy fell to 92.6% from 93.3%. The company also projected 2026 Core FFO of $8.05 to $8.35 per share, compared with full-year 2025 Core FFO of $8.21.

Key points

  • Q4 2025 net income of $1.36 per diluted share, up 9.7% from the prior-year quarter; FFO of $1.99 per diluted share.
  • Q4 2025 Core FFO of $2.08 per diluted share, up 2.5%; full-year 2025 Core FFO of $8.21, up 1.1%.
  • Same-store revenue rose 0.4% and same-store NOI rose 0.1% in Q4; ending same-store occupancy was 92.6% versus 93.3% a year earlier.
  • 2026 guidance: Core FFO of $8.05 to $8.35 per share and same-store NOI growth of (2.25)% to 1.25%.

The filing

CompanyExtra Space Storage (EXR)
Form8-K, current report
Filed with the SECFeb 19, 2026, 4:35 PM ET
Accession number0001289490-26-000007

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:30 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 February 19, 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.