---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-020731"
form_type: "8-K"
ticker: "EXR"
cik: "0001289490"
company_name: "Extra Space Storage Inc."
filed_at: "2025-04-29T23:59:59+00:00"
generated_at: "2026-05-23T03:31:30.910628+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Extra Space Storage Q1 2025 EPS $1.28, Core FFO $2.00; same-store revenue up 0.3%

## Summary
- Net income $270.9M ($1.28 diluted EPS), up 26.7% YoY; Core FFO $2.00/share, up 2.0% YoY.
- Same-store revenue +0.3% to $659.7M; same-store NOI -1.2% to $467.3M; occupancy 93.4%.
- Acquired 12 operating stores for $153.8M; added 113 stores to third-party management platform.
- FY2025 Core FFO guidance maintained at $8.00-$8.30; same-store revenue growth (0.75%) to 1.25%.
- Paid Q1 dividend of $1.62/share; post-quarter repurchased 68,585 shares for $8.6M.

## SEC filing metadata
- accession: 0001628280-25-020731
- form_type: 8-K
- ticker: EXR
- cik: 0001289490
- company_name: Extra Space Storage Inc.
- filed_at: 2025-04-29T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1289490/000162828025020731/0001628280-25-020731-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1289490/000162828025020731/exr-20250429.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-020731
- JSON: https://secwatch.observer/filing/0001628280-25-020731.json
- Plain text: https://secwatch.observer/filing/0001628280-25-020731.txt

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