Public Storage (PSA) Revenue — Quarter Ended Dec 31, 2025
Revenue for the current period declined relative to the prior period. However, it rose compared with the same period a year ago.
Key takeaway
Quarter ended Dec 31, 2025 · FY2025 Q4
Revenue for the current period declined relative to the prior period. However, it rose compared with the same period a year ago.
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
-0.7%
Change from the immediately preceding quarter.
Year-over-year
+3.3%
Change from the comparable year-ago quarter.
Trailing four quarters
$4.8B
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 |
|---|---|---|
| Mar 31, 2025 | $1.2B | +2.2% |
| Jun 30, 2025 | $1.2B | +2.4% |
| Sep 30, 2025 | $1.2B | +3.1% |
| Dec 31, 2025 | $1.2B | +3.3% |
Revenue performance
The sequential decline was modest, while the year-over-year increase continued the positive annual trend.
Quarterly comparison
When measured against the immediately preceding period, revenue moved lower. In contrast, revenue was higher than in the corresponding period last year.
What to watch
The slight sequential decline may warrant observation in future periods.