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Extra Space Storage Inc.

For the period ended Dec 31, 2025. Filed Feb 20, 2026.

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About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Feb 20, 2026

EXR$158.95-0.8%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits
Contents

Consolidated Balance Sheets as of December 31, and

Consolidated Balance Sheets

December 31, 2025December 31, 2024
Assets:
Real estate assets, net$25,004,350$24,587,627
Real estate assets - operating lease right-of-use assets732,176689,803
Investments in unconsolidated real estate entities1,066,7831,332,338
Investments in debt securities and notes receivable1,806,5261,550,950
Cash and cash equivalents138,920138,222
Other assets, net515,291548,986
Total assets$29,264,046$28,847,926
Liabilities, Noncontrolling Interests and Equity:
Secured notes payable, net$1,079,565$1,010,541
Unsecured term loans, net1,494,6592,192,507
Unsecured senior notes, net9,432,4277,756,968
Revolving lines of credit and commercial paper1,224,0001,362,000
Operating lease liabilities761,106705,845
Cash distributions in unconsolidated real estate ventures73,70175,319
Accounts payable and accrued expenses357,583346,519
Other liabilities516,969538,865
Total liabilities14,940,01013,988,564
Commitments and contingencies
Noncontrolling Interests and Equity:
Extra Space Storage Inc. stockholders’ equity:
Preferred stock, $0.01 par value, 50,000,000 shares authorized, no shares issued or outstanding——
Common stock, $0.01 par value, 500,000,000 shares authorized, 211,155,322 and 211,995,510 shares issued and outstanding at December 31, 2025 and 2024, respectively2,1122,120
Additional paid-in capital14,880,64614,831,946
Accumulated other comprehensive income(420)12,806
Accumulated deficit(1,449,172)(899,337)
Total Extra Space Storage Inc. stockholders’ equity13,433,16613,947,535
Noncontrolling interest represented by Preferred Operating Partnership units53,82776,092
Noncontrolling interests in Operating Partnership, net and other noncontrolling interests837,043835,735
Total noncontrolling interests and equity14,324,03614,859,362
Total liabilities, noncontrolling interests and equity$29,264,046$28,847,926
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.