Core Viewpoint - Extra Space Storage Inc. is set to release its financial results for the three and nine months ended September 30, 2025, on October 29, 2025, after market close, followed by a conference call on October 30, 2025, to discuss these results [1]. Financial Results Announcement - The financial results will be released after market close on October 29, 2025 [1]. - A conference call will be held on October 30, 2025, at 1:00 p.m. Eastern Time, hosted by CEO Joe Margolis and CFO Jeff Norman [1]. Conference Call Participation - A live webcast of the conference call will be available on the company's investor relations page [2]. - Participants can pre-register for the call to receive a special dial-in number and PIN to avoid delays [2]. - A replay of the conference call will be available on the investor relations website starting October 30, 2025, at 5:00 p.m. ET, for one year [2]. Company Overview - Extra Space Storage Inc. is a fully integrated, self-administered, and self-managed real estate investment trust (REIT) and a member of the S&P 500 [4]. - As of June 30, 2025, the company owned and/or operated 4,179 self-storage properties, comprising approximately 2.9 million units and about 321.5 million square feet of rentable storage space [4]. - The company is the largest operator of self-storage properties in the United States, offering a variety of storage options including boat, RV, and business storage [4].

Company Overview - Extra Space Storage Inc. is a fully integrated, self-administered and self-managed real estate investment trust, and a member of the S&P 500 [2] - As of June 30, 2025, the company owned and/or operated 4,179 self-storage properties, comprising approximately 2.9 million units and about 321.5 million square feet of rentable storage space [2] - The company is the largest operator of self-storage properties in the United States, offering a wide selection of conveniently located and secure storage units, including boat storage, RV storage, and business storage [2] Dividend Announcement - The company's board of directors declared a third quarter 2025 dividend of $1.62 per share on the common stock [1] - The dividend is payable on September 30, 2025, to stockholders of record at the close of business on September 15, 2025 [1]

Core Viewpoint - Extra Space Storage Inc. is set to release its financial results for the three and six months ending June 30, 2025, on July 30, 2025, after market close, followed by a conference call on July 31, 2025, at 1:00 p.m. Eastern Time to discuss these results [1][2]. Company Overview - Extra Space Storage Inc. is a fully integrated, self-administered, and self-managed real estate investment trust (REIT) and a member of the S&P 500 [7]. - As of March 31, 2025, the company owned and/or operated 4,099 self-storage properties, comprising approximately 2.8 million units and about 315.0 million square feet of rentable storage space [7]. - The company is the largest operator of self-storage properties in the United States, offering a wide selection of conveniently located and secure storage units, including options for boat storage, RV storage, and business storage [7]. Conference Call Details - The conference call will include a review of operating performance, discussion of recent events, and a question-and-answer period limited to registered financial analysts [2]. - A live webcast of the conference call will be available on the company's investor relations page, and participants can pre-register to receive a special dial-in number and PIN [3][4]. - A replay of the conference call will be accessible on the investor relations website starting July 31, 2025, at 5:00 p.m. ET, remaining available for one year [5]. Earnings Report Availability - The full text of the earnings report and supplemental data will be available on the company's investor relations website immediately following the earnings release on July 30, 2025 [6].

Company Overview - Extra Space Storage Inc. is a fully integrated, self-administered and self-managed real estate investment trust, and a member of the S&P 500 [2] - As of March 31, 2025, the company owned and/or operated 4,099 self-storage properties, comprising approximately 2.8 million units and about 315.0 million square feet of rentable storage space [2] - The company is the largest operator of self-storage properties in the United States, offering a wide selection of conveniently located and secure storage units, including boat storage, RV storage, and business storage [2] Dividend Announcement - The company's board of directors declared a second quarter 2025 dividend of $1.62 per share on the common stock [1] - The dividend is payable on June 30, 2025, to stockholders of record at the close of business on June 16, 2025 [1]

Core Insights - Extra Space Storage Inc. reported strong operating results for Q1 2025, exceeding same-store revenue expectations and maintaining high occupancy rates, while also growing capital-light ancillary businesses [3][8] - The company achieved a net income attributable to common stockholders of $270.9 million, or $1.28 per diluted share, a 26.7% increase from the previous year [8][40] - Funds from operations (FFO) were reported at $428.1 million, or $1.93 per diluted share, with Core FFO at $443.9 million, or $2.00 per diluted share, reflecting a 2.0% increase year-over-year [4][8] Financial Performance - Same-store property revenues increased by 0.3% to $659.7 million, while same-store net operating income (NOI) decreased by 1.2% to $467.3 million [7][9] - The company reported an ending same-store occupancy of 93.4%, up from 92.4% in the prior year [8][9] - Total revenues for the quarter were $820.0 million, compared to $799.5 million in Q1 2024 [40] Investment Activity - The company acquired 12 operating stores for approximately $153.8 million and engaged in joint ventures for additional acquisitions totaling $38.3 million [8][12] - During the quarter, Extra Space Storage originated $53.2 million in bridge loans and sold $27.7 million in mortgage bridge loans, with outstanding balances of approximately $1.4 billion [19][20] - The company managed a total of 2,114 stores, making it the largest self-storage management company in the U.S. [20] Balance Sheet and Capital Management - As of March 31, 2025, the company had total assets of approximately $29.0 billion and total liabilities of $14.2 billion [38][40] - The company did not issue any shares under its ATM program during the quarter and had $800.0 million available for issuance [21] - A quarterly dividend of $1.62 per share was paid to stockholders, consistent with the previous quarter [26] Outlook - The company maintained its Core FFO guidance for 2025, projecting a range of $8.00 to $8.30 per share, with same-store revenue growth expectations between -0.75% and 1.25% [27][28] - The company anticipates same-store expense growth of 3.75% to 5.25% for the year [28]