CubeSmart annual gross margin
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2025
CubeSmart Gross Margin Growth & History (CUBE)
CubeSmart's gross margin was 68.71% for fiscal 2025.
View full CubeSmart company overviewCubeSmart annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 68.71% | −1.49 pp |
| 2024 | 2024-12-31 | 70.20% | −1.74 pp |
| 2023 | 2023-12-31 | 71.93% | +0.98 pp |
| 2022 | 2022-12-31 | 70.95% | +1.60 pp |
| 2021 | 2021-12-31 | 69.35% | +2.28 pp |
| 2020 | 2020-12-31 | 67.07% | −0.35 pp |
| 2019 | 2019-12-31 | 67.43% | +0.35 pp |
| 2018 | 2018-12-31 | 67.08% | −0.45 pp |
| 2017 | 2017-12-31 | 67.53% | +0.04 pp |
| 2016 | 2016-12-31 | 67.48% | +1.94 pp |
| 2015 | 2015-12-31 | 65.54% | +0.74 pp |
| 2014 | 2014-12-31 | 64.80% | +1.93 pp |
| 2013 | 2013-12-31 | 62.87% | +1.73 pp |
| 2012 | 2012-12-31 | 61.14% | +2.64 pp |
| 2011 | 2011-12-31 | 58.50% | +1.45 pp |
| 2010 | 2010-12-31 | 57.04% | +0.46 pp |
| 2009 | 2009-12-31 | 56.59% | — |
CubeSmart quarterly gross margin
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| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 66.48% | −1.98 pp |
| Q1 2026 | 2026-03-31 | 68.05% | −1.57 pp |
| Q4 2025 | 2025-12-31 | 68.66% | −3.05 pp |
| Q3 2025 | 2025-09-30 | 68.13% | −1.65 pp |
| Q2 2025 | 2025-06-30 | 68.46% | −0.32 pp |
| Q1 2025 | 2025-03-31 | 69.63% | −0.90 pp |
| Q4 2024 | 2024-12-31 | 71.71% | −1.41 pp |
| Q3 2024 | 2024-09-30 | 69.78% | −1.27 pp |
| Q2 2024 | 2024-06-30 | 68.79% | −2.53 pp |
| Q1 2024 | 2024-03-31 | 70.53% | −1.74 pp |
| Q4 2023 | 2023-12-31 | 73.11% | +0.89 pp |
| Q3 2023 | 2023-09-30 | 71.05% | +0.40 pp |
| Q2 2023 | 2023-06-30 | 71.31% | +0.86 pp |
| Q1 2023 | 2023-03-31 | 72.27% | +1.85 pp |
| Q4 2022 | 2022-12-31 | 72.22% | +0.64 pp |
| Q3 2022 | 2022-09-30 | 70.65% | +0.79 pp |
| Q2 2022 | 2022-06-30 | 70.45% | +2.45 pp |
| Q1 2022 | 2022-03-31 | 70.42% | +2.84 pp |
| Q4 2021 | 2021-12-31 | 71.58% | +2.60 pp |
| Q3 2021 | 2021-09-30 | 69.86% | +2.96 pp |
| Q2 2021 | 2021-06-30 | 68.00% | +1.79 pp |
| Q1 2021 | 2021-03-31 | 67.58% | +1.55 pp |
| Q4 2020 | 2020-12-31 | 68.99% | +2.05 pp |
| Q3 2020 | 2020-09-30 | 66.90% | −1.00 pp |
| Q2 2020 | 2020-06-30 | 66.21% | −2.27 pp |
| Q1 2020 | 2020-03-31 | 66.03% | −0.33 pp |
| Q4 2019 | 2019-12-31 | 66.93% | −0.69 pp |
| Q3 2019 | 2019-09-30 | 67.90% | −0.31 pp |
| Q2 2019 | 2019-06-30 | 68.48% | +1.99 pp |
| Q1 2019 | 2019-03-31 | 66.35% | +0.48 pp |
| Q4 2018 | 2018-12-31 | 67.62% | −1.25 pp |
| Q3 2018 | 2018-09-30 | 68.21% | +0.99 pp |
| Q2 2018 | 2018-06-30 | 66.49% | −1.16 pp |
| Q1 2018 | 2018-03-31 | 65.88% | −0.39 pp |
| Q4 2017 | 2017-12-31 | 68.87% | +0.72 pp |
| Q3 2017 | 2017-09-30 | 67.22% | −1.13 pp |
| Q2 2017 | 2017-06-30 | 67.65% | +0.54 pp |
| Q1 2017 | 2017-03-31 | 66.27% | +0.10 pp |
| Q4 2016 | 2016-12-31 | 68.15% | +1.40 pp |
| Q3 2016 | 2016-09-30 | 68.35% | +2.24 pp |
| Q2 2016 | 2016-06-30 | 67.12% | +1.89 pp |
| Q1 2016 | 2016-03-31 | 66.17% | +2.27 pp |
| Q4 2015 | 2015-12-31 | 66.75% | +1.37 pp |
| Q3 2015 | 2015-09-30 | 66.11% | +0.74 pp |
| Q2 2015 | 2015-06-30 | 65.22% | −0.03 pp |
| Q1 2015 | 2015-03-31 | 63.90% | +0.90 pp |
| Q4 2014 | 2014-12-31 | 65.38% | +2.24 pp |
| Q3 2014 | 2014-09-30 | 65.37% | +1.75 pp |
| Q2 2014 | 2014-06-30 | 65.26% | +1.62 pp |
| Q1 2014 | 2014-03-31 | 63.00% | +2.06 pp |
| Q4 2013 | 2013-12-31 | 63.14% | −4.33 pp |
| Q3 2013 | 2013-09-30 | 63.62% | +2.81 pp |
| Q2 2013 | 2013-06-30 | 63.64% | +5.60 pp |
| Q1 2013 | 2013-03-31 | 60.94% | +3.79 pp |
| Q4 2012 | 2012-12-31 | 67.47% | +18.22 pp |
| Q3 2012 | 2012-09-30 | 60.80% | +2.54 pp |
| Q2 2012 | 2012-06-30 | 58.04% | +1.42 pp |
| Q1 2012 | 2012-03-31 | 57.15% | +3.64 pp |
| Q4 2011 | 2011-12-31 | 49.25% | — |
| Q3 2011 | 2011-09-30 | 58.26% | +1.33 pp |
| Q2 2011 | 2011-06-30 | 56.62% | +2.84 pp |
| Q1 2011 | 2011-03-31 | 53.51% | — |
| Q3 2010 | 2010-09-30 | 56.93% | — |
| Q2 2010 | 2010-06-30 | 53.78% | — |
CubeSmart gross margin trends
Over the last five fiscal years, CubeSmart's gross margin increased from 67.07% to 68.71%, a change of +1.64 percentage points. The latest reported quarter, Q2 2026, shows 66.48%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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