EXR · 10-Q · 2026Q3 · Full report

Seasonal Storage Demand

Extra Space Storage Inc. · 2026-10-30 · Importance 10 · Surprise 6

Self-storage demand and occupancy follow a seasonal pattern, with a greater portion of revenue and profits typically realized from May through September. Extra Space Storage historically reaches its highest occupancy at the end of July. Occupancy is typically lowest in late February and early March, consistent with lower seasonal moving activity outside the summer months.

Key facts

• Extra Space Storage's self-storage business typically realizes a greater portion of revenues and profits from May through September; historically, occupancy has been highest at the end of July and lowest in late February and early March. source