CUBE

EX-99.1

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EX-99.1

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Exhibit 99.1

Earnings Release

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CubeSmart Reports Third Quarter 2026 Results

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MALVERN, PA -- (Globe Newswire) – October 29, 2026 -- CubeSmart (NYSE: CUBE) today announced its operating results for the three and nine months ended September 30, 2026.

“Third quarter results reflected strong execution across our operating platform, with positive same-store revenue and NOI growth supported by higher occupancy and improving rental activity,” commented President and Chief Executive Officer Christopher P. Marr. “We are encouraged by the broadening momentum across the portfolio, reinforcing our confidence in the trajectory of the business and our ability to generate durable growth.”

Key Highlights for the Third Quarter

●Reported diluted earnings per share (“EPS”) attributable to the Company’s common shareholders of $0.42.

●Reported funds from operations (“FFO”), as adjusted, per diluted share of $0.66.

●Same-store (623 stores) net operating income (“NOI”) increased 2.1% year over year, resulting from a 1.9% increase in revenues and a 1.3% increase in operating expenses.

●Same-store occupancy averaged 90.5% during the quarter, ending at 89.9%.

●Repurchased 2.1 million common shares of beneficial interest through our share repurchase program for $83.9 million at an average purchase price of $39.09 per share.

●Redeemed $300 million of unsecured senior notes.

●Added 32 stores to our third-party management platform, bringing our total third-party managed store count to 882.

Financial Results

Net income attributable to the Company’s common shareholders was $94.4 million for the third quarter of 2026, compared with $82.9 million for the third quarter of 2025. Diluted EPS attributable to the Company’s common shareholders increased to $0.42 for the third quarter of 2026, compared with $0.36 for the same period last year.

FFO, as adjusted was $150.3 million for the third quarter of 2026 compared with $149.0 million for the third quarter of 2025. FFO, as adjusted, per diluted share increased 1.5% to $0.66 for the third quarter of 2026, compared with $0.65 for the same period last year.

Investment Activity

Disposition Activity

The Company has agreed to contribute 15 wholly-owned stores to a newly-formed joint venture with an affiliate of Heitman Capital Management (“Heitman”) for an agreed-upon value of $197.0 million. Under the agreement, the Company will receive cash and own a 20% interest in the joint venture, while Heitman will contribute cash and own the remaining 80% interest. The stores subject to the agreement contain approximately 0.9 million square feet and are located in Connecticut (3), Georgia (1), North Carolina (2), Ohio (1), Texas (2), Utah (4) and Virginia (2). It is expected that the properties in the joint venture will be secured by a $99.7 million loan that matures in November 2033. The transaction is scheduled to close in the fourth quarter of 2026.

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THIRD QUARTER 2026

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Earnings Release

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Development Activity

The Company, from time to time, enters into agreements with developers for the construction of self-storage properties in high-barrier-to-entry locations. As of September 30, 2026, the Company had one joint venture development property under construction. The Company anticipates investing a total of $28.0 million related to this project and had invested $10.8 million of that total as of September 30, 2026. The development property is located in New York and is expected to open during the third quarter of 2027.

Third-Party Management

As of September 30, 2026, the Company’s third-party management platform included 882 stores totaling 58.2 million rentable square feet. During the three and nine months ended September 30, 2026, the Company added 32 and 90 stores, respectively, to its third-party management platform.

Same-Store Results

The Company’s same-store portfolio as of September 30, 2026 included 623 stores containing 45.2 million rentable square feet, or approximately 93.3% of the aggregate rentable square feet of the Company’s 662 consolidated stores. These same-store properties represented approximately 94.7% of the Company’s property NOI for the three months ended September 30, 2026.

Same-store physical occupancy as of September 30, 2026 and 2025 was 89.9% and 89.0%, respectively. Same-store total revenues for the third quarter of 2026 increased 1.9% and same-store operating expenses increased 1.3% compared to the same quarter in 2025. Same-store NOI increased 2.1% from the third quarter of 2025 to the third quarter of 2026.

Operating Results

As of September 30, 2026, the Company’s total consolidated portfolio included 662 stores containing 48.5 million rentable square feet with physical occupancy of 89.7%.

Total revenues increased $8.9 million and property operating expenses increased $4.9 million for the third quarter of 2026, as compared to the same period in 2025. The incre

EX-99.1

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EX-99.1

Exhibit 99.1

September 2026 Investor

Presentation

Cu self storage

2 The forward-looking statements contained in this presentation are subject to various risks and known and unknown uncertainties. Although the Company believes the expectations reflected in such forward-looking statements are based on reasonable assumptions, there can be no assurance that the Company’s expectations will be achieved. Factors which could cause the Company’s actual results, performance, or achievements to differ significantly from the results, performance, or achievements expressed or implied by such statements are set forth under the captions “Item 1A. Risk Factors” and “Forward-Looking Statements” in our annual report on Form 10-K and in our quarterly reports on Form 10-Q and described from time to time in the Company’s filings with the SEC. Forward-looking statements are not guarantees of performance. For forward-looking statements herein, the Company claims the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. The Company assumes no obligation to update or supplement

forward-looking statements that become untrue because of subsequent events.

This presentation contains certain non-GAAP financial measures, including Net Operating Income

(NOI), Funds From Operations (FFO), and Funds From Operations, as adjusted (FFO, as adjusted). The definitions of these terms, the reasons for their use, and reconciliations to the most directly comparable GAAP measures are included in our Earnings Release as well as the Non-GAAP Financial Measures section under the caption “Management’s Discussion and Analysis of Financial Condition and Results of Operations” (or similar captions) in our annual report on Form 10-K and quarterly reports on Form 10-Q, and described from time to time in the Company’s filings with the SEC.

Safe Harbor Statement

Use of Non-GAAP Financial Measures

® CuBESNIARr·

Introduction to CubeSmart 3 A high-quality portfolio in an attractive industry with proven returns 1. Period ended December 31, 2025 2. As of June 30, 2026 3. Market value of common equity and book value of debt as of June 30, 2026 4. Annual dividends declared for period ended December 31, 2025 1,287 Properties1

$12.5B

Enterprise Value3 31% 5-year total shareholder return1 50% 5-year growth in FFO, as adjusted, per share1

$2.6B

5-year acquisition volume1 57% 5-year dividend growth4 1,534 Properties2

48.5M

Total owned square feet2 6.6% 5-year same-store NOI CAGR1 Baa2/ BBB Credit Rating CubeSmart: A Compelling Investment | Built for Growth | Operations that Drive Performance | Targeted Investments | Strong Fundamentals, Consistent Performance

Why CubeSmart? 4 A company built to perform throughout all phases of the cycle Attractive Industry Well-diversified demand characteristics create strong industry fundamentals High Quality Portfolio Growing the platform through high-quality investments creating industry-leading portfolio demographics Operational Excellence Sophisticated operating platform drives efficiencies and meets evolving customer needs Cash Flow Generation Disciplined investment strategy in best-in-class assets paired with a conservative balance sheet generates stable cash flows Experienced Leadership Team Extensive self-storage and publicly traded REIT background with a successful track record of operating through various macroeconomic environments CubeSmart: A Compelling Investment | Built for Growth | Operations that Drive Performance | Targeted Investments | Strong Fundamentals, Consistent Performance

5 Strong Corporate Governance Supporting the long-term interests of all shareholders Board Practices  The Board is composed of nine Trustees, including eight independent Trustees  Separate Board Chair & Chief Executive Officer  Regular executive sessions of independent Trustees  Annual Board & Committee self-evaluations  Share ownership guidelines for Executive Officers and Trustees  Anti-hedging and anti-pledging policies  Code of Business Conduct & Ethics for employees and Trustees  Risk oversight by Board and Committees  Wide range of relevant experience and qualifications among Trustees CubeSmart: A Compelling Investment | Built for Growth | Operations that Drive Performance | Targeted Investments | Strong Fundamentals, Consistent Performance Governance Rating Consistently Among Best in REIT Sector ISS Corporate Governance Rating of 2, placing the Company in the top 20% of all publicly traded companies in terms of good corporate governance Shareholder Rights  Annual election of Trustees  Annual say-on-pay votes  Single voting class of stock  Shareholder right to call special meeting r------------------------------------------------------------------------------------------------------------------

A History of Growth Consistent execution on strategic objectives U-Store-It initial public offering 2004 2

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