Extra Space Storage (EXR) Revenue — Quarter Ended Sep 30, 2024
Revenue remained essentially flat compared to the prior quarter. Year-over-year, revenue increased.
Key takeaway
Quarter ended Sep 30, 2024 · FY2024 Q3
Revenue remained essentially flat compared to the prior quarter. Year-over-year, revenue increased.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$29.9M
Revenue reported for this quarter.
Quarter-over-quarter
+0.1%
Change from the immediately preceding quarter.
Year-over-year
+6.6%
Change from the comparable year-ago quarter.
Trailing four quarters
$120.3M
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2023 | $30.4M | +43.4% |
| Mar 31, 2024 | $30.1M | +41.0% |
| Jun 30, 2024 | $29.9M | +34.5% |
| Sep 30, 2024 | $29.9M | +6.6% |
Revenue performance
Reported revenue was unchanged from the immediately preceding quarter. When measured against the same quarter one year earlier, revenue was higher.
Quarterly comparison
The revenue trend shows a slight decline from the level of two quarters ago, but the year-over-year comparison reflects continued growth. No causal explanation is provided in the filing.
What to watch
The sequential stabilization of revenue should be monitored in the coming quarters for any change in direction.