CubeSmart reports Q2 2026 earnings with $0.39 EPS and expands credit facility to $1B.

CubeSmart announced its Q2 2026 results, reporting a diluted EPS of $0.39 and adjusted FFO per share of $0.63. Same-store net operating income slightly decreased by 0.7% due to rising expenses despite a 0.8% revenue increase. The company expanded its revolving credit facility to $1 billion and repurchased 1.1 million shares for $42.5 million. CubeSmart also formed a joint venture with Heitman, contributing 15 stores valued at $197 million, expected to close in Q4 2026, supporting future growth and share repurchases.