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Where the tokens are
Standardised from the company’s filings, newest period first, labelled with the company’s own fiscal calendar. A line the company does not report is left off rather than shown as zero; margins and free cash flow are worked out here, and only where every input is present.
| Line item | Q2 FY262026-06-30 | Q1 FY262026-03-31 | Q4 FY252025-12-31 | Q3 FY252025-09-30 | Q2 FY252025-06-30 | Q1 FY252025-03-31 | Q4 FY242024-12-31 | Q3 FY242024-09-30 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $286.49M | $281.93M | $282.69M | $285.08M | $282.30M | $273.04M | $267.73M | $270.89M |
| Cost of revenue | $96.02M | $90.07M | $88.60M | $90.85M | $89.03M | $82.93M | $75.75M | $81.87M |
| Gross profit | $190.47M | $191.86M | $194.10M | $194.23M | $193.28M | $190.10M | $191.98M | $189.02M |
| Gross margin | 66.5% | 68.1% | 68.7% | 68.1% | 68.5% | 69.6% | 71.7% | 69.8% |
| Selling, general and administrative | $17.25M | $17.19M | $17.18M | $16.51M | $14.90M | $16.07M | $15.15M | $14.27M |
| Operating expenses | $73.09M | $78.63M | $83.00M | $83.19M | $81.39M | $75.22M | $67.89M | $65.48M |
| Operating income | $117.38M | $113.23M | $111.09M | $111.04M | $111.89M | $114.88M | $124.09M | $123.55M |
| Operating margin | 41.0% | 40.2% | 39.3% | 38.9% | 39.6% | 42.1% | 46.3% | 45.6% |
| EBITDA | $174.32M | $175.74M | $178.18M | $178.98M | $179.60M | $175.26M | $177.86M | $175.74M |
| Interest expense | −$30.34M | −$29.83M | −$29.53M | −$29.38M | −$29.09M | −$26.10M | −$22.38M | −$22.75M |
| Income before taxes | $89.46M | $82.75M | $77.72M | $82.42M | $82.43M | $88.75M | $101.89M | $100.95M |
| Net income | $89.46M | $82.75M | $77.72M | $82.42M | $82.43M | $88.75M | $101.89M | $100.95M |
| Net margin | 31.2% | 29.4% | 27.5% | 28.9% | 29.2% | 32.5% | 38.1% | 37.3% |
| EPS, basic | $0.40 | $0.36 | $0.35 | $0.36 | $0.36 | $0.39 | $0.46 | $0.45 |
| EPS, diluted | $0.39 | $0.36 | $0.35 | $0.36 | $0.36 | $0.39 | $0.46 | $0.44 |
| Diluted shares | 227.19M | 228.21M | 228.87M | 229.30M | 229.30M | 229.17M | 228.26M | 227.15M |
Figures describe CubeSmart shares, not any token. As of Jul 31, 2026, from Massive's standardised financials. The company reports these figures; a token's issuer holds the shares and reports nothing of its own here.