EXR · 8-K · 20260824PR000058

Revenue Performance and Mix

Extra Space Storage Inc. · 2026-08-24 · Importance 65 · Surprise 64

During Joe Margolis’s tenure as CEO, annual revenue increased from $1.1 billion to $3.5 billion, more than tripling. The release gives no year-by-year revenue figures or segment breakdown. It also reports that the company’s rentable space grew from approximately 100 million to more than 340 million square feet during his leadership.

Key facts

• Under Joe Margolis’s leadership, Extra Space’s annual revenue more than tripled from $1.1 billion to $3.5 billion. source
• Under Joe Margolis’s leadership, Extra Space’s market capitalization grew from approximately $9 billion to $30 billion. source
• As of June 30, 2026, Extra Space owned and/or operated 4,410 self-storage stores in 42 states and Washington, D.C. source
• As of June 30, 2026, Extra Space’s stores comprised approximately 3.0 million units and approximately 341.0 million square feet of rentable space. source