# Public Storage (PSA) — Earnings

PSA · NYSE · Stock

Canonical page: https://www.lighthorse.io/tickers/psa/earnings

## Most recent quarter

| Metric | Value |
| --- | --- |
| Fiscal period | Q2 2026 |
| Period end | Jun 30, 2026 |
| EPS actual | $2.55 |
| EPS estimate | $2.53 |
| EPS surprise | +0.63% |
| Revenue surprise | −0.09% |
| Revenue | $1.2B |
| Revenue estimate | $1.2B |
| Reported | Jul 29, 2026 |
| SEC filing | [View filing](https://www.sec.gov:443/Archives/edgar/data/1393311/000162828026050612/psa-20260630.htm) |
| Earnings call | [Transcript](http://o.thsi.cn/dc-d-stock-america.teleconference/e1bee28c-96f0-ddfb-b5b5-95377a9a9339.html) |

Public Storage reported Q2 2026 results on July 29, 2026. Earnings per share were $2.55, ahead of the $2.53 estimate by 0.63%. Revenue was $1.2 billion, essentially in line with the consensus, at 0.09% below. Compared with Q2 2025, EPS rose about 45% from $1.76, while revenue was flat at about $1.2 billion.

Quarterly EPS has been uneven. Q3 2022 stands out at $15.38 per share, far above its $2.77 estimate, which lifted 2022 EPS to $23.49. After that, annual EPS eased from $11.06 in 2023 to $10.63 in 2024 and $9.02 in 2025. Revenue grew from $4.17 billion in 2022 to about $4.8 billion in both 2024 and 2025. The first half of 2026 totals $5.26 per share, about 38% above the same period of 2025. Over the last 20 quarters, Public Storage beat the EPS estimate 14 times. Its misses tended to be large, including 31.20% below in Q2 2025.

Public Storage reported Q3 results between October 29 and November 1 in each of the past five years. That points to late October or early November 2026 for the next report. It will show whether the year-over-year rebound in EPS continues.

## Earnings history

| Fiscal period | Report date | EPS estimate | EPS actual | Surprise | Revenue estimate | Revenue actual |
| --- | --- | --- | --- | --- | --- | --- |
| Q2 2026 | Jul 29, 2026 | $2.53 | $2.55 | 0.63% | $1.2B | $1.2B |
| Q1 2026 | Apr 27, 2026 | $2.36 | $2.71 | 14.61% | $1.2B | $1.2B |
| Q4 2025 | Feb 12, 2026 | $2.49 | $2.60 | 4.41% | $1.2B | $1.2B |
| Q3 2025 | Oct 29, 2025 | $2.53 | $2.62 | 3.57% | $1.2B | $1.2B |
| Q2 2025 | Jul 30, 2025 | $2.56 | $1.76 | -31.20% | $1.2B | $1.2B |
| Q1 2025 | Apr 30, 2025 | $2.40 | $2.04 | -14.82% | $1.2B | $1.2B |
| Q4 2024 | Feb 24, 2025 | $2.57 | $3.21 | 24.97% | $1.2B | $1.2B |
| Q3 2024 | Oct 30, 2024 | $2.60 | $2.16 | -17.01% | $1.2B | $1.2B |
| Q2 2024 | Jul 30, 2024 | $2.57 | $2.66 | 3.33% | $1.2B | $1.2B |
| Q1 2024 | Apr 30, 2024 | $2.49 | $2.60 | 4.49% | $1.1B | $1.2B |
| Q4 2023 | Feb 20, 2024 | $2.73 | $2.21 | -19.03% | $1.1B | $1.2B |
| Q3 2023 | Oct 30, 2023 | $2.81 | $3.20 | 13.83% | $1.1B | $1.1B |
| Q2 2023 | Aug 2, 2023 | $2.91 | $3.00 | 3.19% | $1.1B | $1.1B |
| Q1 2023 | May 3, 2023 | $2.69 | $2.65 | -1.64% | $1.1B | $1.1B |
| Q4 2022 | Feb 21, 2023 | $2.65 | $2.06 | -22.36% | $1.1B | $1.1B |
| Q3 2022 | Nov 1, 2022 | $2.77 | $15.38 | 455.98% | $1.1B | $1.1B |
| Q2 2022 | Aug 4, 2022 | $2.54 | $3.42 | 34.46% | $996.8M | $1.0B |
| Q1 2022 | May 3, 2022 | $2.32 | $2.63 | 13.46% | $981.3M | $973.4M |
| Q4 2021 | Feb 22, 2022 | $2.18 | $3.17 | 45.47% | $922.2M | $924.3M |
| Q3 2021 | Nov 1, 2021 | $2.14 | $2.52 | 17.52% | $862.4M | $894.9M |

## Frequently Asked Questions

### When did Public Storage (PSA) last report earnings?

Public Storage last reported on Jul 29, 2026, covering fiscal Q2 2026.

### Did PSA beat earnings estimates?

Yes. Public Storage reported EPS of $2.55 for Q2 2026 against a $2.53 estimate — a 0.63% beat.

### How much revenue did PSA report last quarter?

Public Storage reported $1.2B in revenue for Q2 2026, against a consensus estimate of $1.2B.

## Similar Stocks

- [EXR](https://www.lighthorse.io/tickers/exr) — Extra Space Storage Inc Common Stock
- [PLD](https://www.lighthorse.io/tickers/pld) — Prologis, Inc. Common Stock
- [DLR](https://www.lighthorse.io/tickers/dlr) — Digital Realty Trust, Inc. Common Stock
- [SBAC](https://www.lighthorse.io/tickers/sbac) — SBA Communications Corporation - Class A Common Stock
- [CUBE](https://www.lighthorse.io/tickers/cube) — CubeSmart Common Shares
- [MAA](https://www.lighthorse.io/tickers/maa) — Mid-America Apartment Communities, Inc. Common Stock
- [O](https://www.lighthorse.io/tickers/o) — Realty Income Corporation Common Stock
- [UDR](https://www.lighthorse.io/tickers/udr) — UDR, Inc. Common Stock

---

Earnings figures may be restated, revised or corrected by the issuer. Past results do not indicate future performance.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).