Public Storage (PSA) Revenue — Quarter Ended Jun 30, 2025
Revenue for the quarter increased compared to both the prior quarter and the same quarter last year. The company's top line continued to grow, reflecting sustained demand for its storage facilities.
Key takeaway
Quarter ended Jun 30, 2025 · FY2025 Q2
Revenue for the quarter increased compared to both the prior quarter and the same quarter last year. The company's top line continued to grow, reflecting sustained demand for its storage facilities.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.2B
Revenue reported for this quarter.
Quarter-over-quarter
+1.5%
Change from the immediately preceding quarter.
Year-over-year
+2.4%
Change from the comparable year-ago quarter.
Trailing four quarters
$4.7B
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 |
|---|---|---|
| Sep 30, 2024 | $1.2B | +3.8% |
| Dec 31, 2024 | $1.2B | +1.5% |
| Mar 31, 2025 | $1.2B | +2.2% |
| Jun 30, 2025 | $1.2B | +2.4% |
Revenue performance
Reported revenue rose from the immediately preceding quarter, extending the upward trend seen in recent periods. The year-over-year comparison also showed an increase, marking a higher level than the same period one year earlier.
Quarterly comparison
Compared with the prior quarter, revenue improved, and the pace of growth was consistent with the sequential change observed in the previous quarter. Versus the same quarter a year ago, revenue was also higher, though the rate of increase was slightly narrower than the sequential gain.
What to watch
The filing context does not provide specific commentary on revenue drivers; monitor future filings for any discussion of factors influencing revenue trends.