---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-22-027562"
form_type: "8-K"
ticker: "EXR"
cik: "0001289490"
company_name: "Extra Space Storage Inc."
filed_at: "2022-11-01T23:59:59+00:00"
generated_at: "2026-06-22T17:22:09.588234+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Extra Space Storage Q3 net income $1.65 EPS (+17.9% YoY); Core FFO $2.21 (+19.5% YoY)

## Summary
- Net income $220.7M ($1.65 diluted EPS); Core FFO $2.21 per share, up 19.5% YoY.
- Same-store revenue +15.5%, same-store NOI +16.4% vs Q3 2021; occupancy 95.2%.
- Acquired 116 operating stores (incl. Storage Express) for ~$759.9M in Q3.
- Recorded $6.2M in hurricane-related charges (net of insurance); excluded from Core FFO.
- FY 2022 Core FFO guidance narrowed to $8.30-$8.40 from $8.30-$8.50; same-store NOI growth 18.5-20%.

## SEC filing metadata
- accession: 0001628280-22-027562
- form_type: 8-K
- ticker: EXR
- cik: 0001289490
- company_name: Extra Space Storage Inc.
- filed_at: 2022-11-01T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1289490/000162828022027562/0001628280-22-027562-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1289490/000162828022027562/exr-20221101.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-22-027562
- JSON: https://secwatch.observer/filing/0001628280-22-027562.json
- Plain text: https://secwatch.observer/filing/0001628280-22-027562.txt

## Key facts
- Earnings Releases
  Extra Space Storage Inc. reported the three months ended September 30, 2022 results: net income $ 220,719, EPS $1.65 per diluted share.
  - Period: the three months ended September 30, 2022
  - Net income: $ 220,719
  - EPS: $1.65 per diluted share
  - Result: reported results
  source text: Highlights for the three months ended September 30, 2022: • Achieved net income attributable to common stockholders of $1.65 per diluted share, representing a 17.9% increase compared to the same period in the prior year.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1289490/000162828022027562/0001628280-22-027562-index.htm
- Earnings Releases
  Extra Space Storage Inc. reported the nine months ended September 30, 2022 results: net income $ 656,428, EPS $4.89 per diluted share.
  - Period: the nine months ended September 30, 2022
  - Net income: $ 656,428
  - EPS: $4.89 per diluted share
  - Result: reported results
  source text: Highlights for the nine months ended September 30, 2022: • Achieved net income attributable to common stockholders of $4.89 per diluted share, representing a 16.7% increase compared to the same period in the prior year.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1289490/000162828022027562/0001628280-22-027562-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.