PSA at a glance
Public Storage (PSA, SEC CIK 1393311) filed its latest 10-K annual report on February 12, 2026, a 10-Q quarterly report on July 29, 2026, an 8-K current report on September 16, 2026 and Form 4 insider filings as recently as October 2, 2026. SignalX summarizes each filing with AI and tracks the company's insider trades and institutional holders.
- For the fiscal year ended December 31, 2025 (FY2025), Public Storage (PSA) reported revenue of $4.8 billion (up 2.7% from FY2024) and net income of $1.8 billion. Diluted EPS was $9.01.
- As of June 30, 2026, 46 institutional investment managers tracked by SignalX reported holding Public Storage (PSA) shares worth $26.8 billion in 13F-HR filings.
- The most recent insider open-market sale reported on Form 4 was by Vitan Nathaniel A. on August 13, 2026 of 1,414 shares at $327.53 per share.
- In the last 90 days, PSA insiders reported 0 open-market purchases ($0) and 1 open-market sale ($463K) on Form 4, a net sale of $463K.
Source: SEC EDGAR (XBRL financial data, 13F-HR and Form 4 filings).
- Revenue · FY2025
- $4.8B
- +2.7% vs prior year
- Insiders · 90 days
- 0 buys · 1 sell
- Net −$463K
- 13F holders
- 46 funds
- $26.8B · +2 vs prior quarter
- Latest 8-K
- Sep 16, 2026
- Item 1.01
AI 10-K Annual Report Analysis
Latest 10-K, fiscal year ended Dec 31, 2025
Management Discussion & Analysis
- Revenue $4.49B in 2025, up 2.1% YoY from $4.40B in 2024; Same Store revenue stable at $3.76B
- Operating margin slightly declined; Same Store NOI down 0.5% to $2.83B, Non-Same Store NOI up 25.6% ($59.5M)
- Best performing segment: Acquired Facilities NOI +34.2% to $167.5M; Worst performing: Same Store Facilities NOI -0.5% to $2.83B
- Net income $1.59B in 2025, down 15.3% YoY; FFO per share $15.81, down 8.0%; Core FFO per share $16.97, up 1.8%
- Capital allocation: $3.9B acquisitions (273 facilities), $1.7B development/expansion costs, $71M solar program spend in 2025; $60M forecast 2026 spend
- Management notes demand softness, lower move-in rental rates, and occupancy decline; plan continued growth via acquisitions and solar installations
Risk Factors
- No specific or timely regulatory, geopolitical, operational, competitive, or financial risks detailed in the provided text
Business Overview
- Core business: Ownership and operation of self-storage facilities generating majority of revenue and earnings
- Strategic emphasis on expanding management of third-party owned self-storage facilities for fees, many near existing stabilized properties
- Heightened risks this year from elevated interest rates affecting cost of capital, tenant financial health, and dividend yield attractiveness
- Notable operational risk from increased competition, including rising development fueled by influx of outside investment capital
- Increased exposure to property tax hikes, especially in California, and self-insurance for losses from natural disasters or tenant claims
AI summary of the PSA 10-K filed . Generated from the filing text; verify against the original.View on SEC EDGARHow to read a 10-K
AI 10-Q Quarterly Report Analysis
Latest 10-Q, quarter ended Jun 30, 2026
Management Discussion & Analysis
- Self-storage revenue $1.14B, up 1.9% YoY from $1.12B
- Same-store gross margin 74.2% vs 75.4% YoY
- Best segment Acquired Facilities NOI $50.9M, up 34.8% YoY
- Worst segment Other Non-Same Store NOI $2.1M, down 25.1% YoY
- PS Canada acquisition expected Q3 2026; merger created portfolio exceeding 4,500 locations
Risk Factors
- New merger-integration risk triggered by NSA transaction, including systems, controls, culture, and customer integration
- Most material update: anticipated merger synergies may be delayed, reduced, or unavailable due to integration costs and management distraction
- Regulatory risk: merger-related unknown liabilities, increased expenses, delays, or regulatory conditions
- Operational risk: failure to retain key employees or preserve customer, vendor, and joint-venture relationships
- Financial risk: merger benefits could cost more than expected, adversely affecting financial condition and growth prospects
AI summary of the PSA 10-Q filed . Generated from the filing text; verify against the original.View on SEC EDGAR10-K vs 10-Q vs 8-K
AI 8-K Current Report Analysis
The most recent material events, by 8-K item
Item 1.01: Entry into a Material Definitive Agreement
- C$400 million raised through 4.540% senior notes due September 16, 2033
- Public Storage and PSOC guarantees strengthen creditor protection while adding contingent obligations
Item 7.01: Regulation FD Disclosure
- Investor presentation posted September 14, 2026 for an upcoming investor conference
- Presentation may contain updated operating priorities or outlook relevant to Public Storage investors
Item 1.01: Entry into a Material Definitive Agreement
- C$400 million senior notes due September 16, 2033, issued by PS Canada and guaranteed by Public Storage and PSOC
- 4.540% fixed interest rate, issued at par, with semi-annual payments beginning March 16, 2027
AI summaries of PSA 8-K current reports filed with the SEC. What 8-K item codes mean
SignalX for PSA
Don't miss the next PSA filing
- Alerts as it files. A push when PSA files an 8-K or an insider trades.
- Fund moves. Which tracked funds opened, added or cut PSA, by share count.
- Ask anything. An AI agent that reads every PSA filing and answers with sources.
PSA alerts on your phone. Follow it in the SignalX Android app.
Recent Insider Transactions (Form 4)
Latest reported trades by officers, directors and 10% owners
| Insider | Type | Date | Shares | Price |
|---|---|---|---|---|
| HAVNER RONALD L JR | A | Oct 2, 2026 | 107 | - |
| Mitra Shankh | A | Sep 30, 2026 | 339 | $282.84 |
| WILLIAMS PAUL S | A | Sep 30, 2026 | 52 | $282.84 |
| SPOGLI RONALD P | A | Sep 30, 2026 | 151 | - |
| PETHERBRIDGE LUKE J | A | Sep 30, 2026 | 151 | - |
| Sheek Samuel Wade | A | Sep 1, 2026 | 6,213 | - |
| Vitan Nathaniel A. | Sell | Aug 13, 2026 | 1,414 | $327.53 |
| HAVNER RONALD L JR | M | Jul 29, 2026 | 34,599.51 | - |
Financial SummaryXBRL
| Metric | FY2023 | FY2024 | FY2025 | |
|---|---|---|---|---|
| Profitability | ||||
| Revenue | $4.5B | $4.7B | $4.8B | |
| Net Income | $2.1B | $2.1B | $1.8B | |
| Net Margin | 47.6% | 44.1% | 37.0% | |
| Balance Sheet | ||||
| Total Assets | $19.8B | $19.8B | $20.2B | |
| Equity | $10.0B | $9.7B | $9.2B | |
| ROE | 21.5% | 21.3% | 19.3% | |
| Per Share | ||||
| EPS | $11.06 | $10.64 | $9.01 | |
| Cash Flow | ||||
| Operating CF | $3.2B | $3.1B | $3.2B | |
Source: XBRL data in Public Storage (PSA)'s 10-K filings on SEC EDGAR, in USD. Compare across companies →
13F Fund Holdings: Quarterly Trend
Latest: Q2 2026Aggregate PSA share value held by 13F filers tracked by SignalX, by quarter.
Quarterly totals table
| Quarter | Funds | Total value |
|---|---|---|
| Q2 2026 | 46 | $26.81B |
| Q1 2026 | 44 | $22.37B |
| Q4 2025 | 43 | $21.27B |
| Q3 2025 | 46 | $24.40B |
| Q2 2025 | 43 | $23.51B |
| Q1 2025 | 41 | $17.48B |
| Q4 2024 | 37 | $15.35B |
| Q3 2024 | 33 | $9.04B |
- Invesco Ltd+981.7K (+63%)
- COHEN & STEERS, INC.+829.1K (+19%)
- BlackRock+518.7K (+3%)
- Bank of America Corp+294.5K (+39%)
- Morgan Stanley+194.6K (+11%)
- JPMorgan Chase & Co−674.6K (-18%)
- FMR LLC (Fidelity)−536.9K (-15%)
- Goldman Sachs Group−248.2K (-23%)
- State Street Corp−100.7K (-1%)
- Prudential Financial−62.5K (-21%)
Source: 13F-HR filings on SEC EDGAR (aggregated from 333 fund-quarter rows). Reflects only 13F filers tracked by SignalX, not the full institutional ownership universe. How 13F filings work
PSA filing archive
AI analysis pages for each 10-K, 10-Q and 8-K
10-K annual reports
10-Q quarterly reports
Latest 2026 SEC Filings: 10-K, 10-Q, 8-K & Form 4
| Form | Filing date | Period | Analysis | SEC |
|---|---|---|---|---|
| 4 | Oct 2, 2026 | - | - | - |
| 4 | Oct 2, 2026 | - | - | - |
| 4 | Oct 2, 2026 | - | - | - |
| 4 | Oct 2, 2026 | - | - | - |
| 4 | Oct 2, 2026 | - | - | - |
| 8-K | Sep 16, 2026 | - | Analysis | - |
| 8-K | Sep 14, 2026 | - | Analysis | - |
| 8-K | Sep 10, 2026 | - | Analysis | - |
| 4 | Sep 3, 2026 | - | - | - |
| 8-K | Sep 1, 2026 | - | Analysis | - |
| 4 | Aug 14, 2026 | - | - | - |
| SC 13G | Aug 12, 2026 | - | - | |
| 8-K | Aug 10, 2026 | - | Analysis | - |
| 4 | Jul 30, 2026 | - | - | - |
| 4 | Jul 30, 2026 | - | - | - |
| 8-K | Jul 29, 2026 | - | Analysis | - |
| 10-Q | Jul 29, 2026 | Jun 30, 2026 | Analysis | |
| 8-K | Jul 22, 2026 | - | Analysis | - |
| 8-K | Jul 20, 2026 | - | Analysis | - |
| 8-K | Jul 13, 2026 | - | Analysis | - |
| 8-K | Jul 7, 2026 | - | Analysis | - |
| 4 | Jul 2, 2026 | - | - | - |
| 4 | Jul 2, 2026 | - | - | - |
| 4 | Jul 2, 2026 | - | - | - |
| 4 | Jul 2, 2026 | - | - | - |
Related Real Estate companies
- AKR · ACADIA REALTY TRUSTReal Estate Investment Trusts
- ACR · ACRES Commercial Realty Corp.Real Estate Investment Trusts
- ADAM · ADAMAS TRUST, INC.Real Estate Investment Trusts
- ALX · ALEXANDERS INCReal Estate Investment Trusts
- ARE · Alexandria Real Estate EquitiesReal Estate Investment Trusts
- PINE · Alpine Income Property Trust, Inc.Real Estate Investment Trusts
- AAT · American Assets Trust, Inc.Real Estate Investment Trusts
- AHR · American Healthcare REIT, Inc.Real Estate Investment Trusts
PSA SEC filings: frequently asked questions
Are PSA insiders buying or selling?
In the last 90 days, Public Storage (PSA) officers, directors and 10% owners reported no open-market purchases and 1 open-market sale worth $463,133 by 1 insider on Form 4. Many insider sales are pre-planned or for taxes, so purchases usually carry more information.
Which institutions hold PSA stock?
As of June 30, 2026, the largest Public Storage (PSA) holders among the 13F filers tracked by SignalX were BlackRock ($5.5 billion), Vanguard Portfolio Management LLC ($4.3 billion), Vanguard Capital Management LLC ($3.3 billion), State Street Corp ($3.2 billion), T. Rowe Price Group ($1.8 billion). 13F-HR reports are filed up to 45 days after each quarter ends.
What was PSA's revenue in fiscal year 2025?
For the fiscal year ended December 31, 2025 (FY2025), Public Storage (PSA) reported revenue of $4.8 billion (up 2.7% from FY2024) and net income of $1.8 billion. Diluted EPS was $9.01. The figures come from the XBRL data in the 10-K.
What are the main risks in PSA's latest 10-K?
In the 10-K filed February 12, 2026, Public Storage (PSA) flagged: No specific or timely regulatory, geopolitical, operational, competitive, or financial risks detailed in the provided text. (AI summary of the Risk Factors section.)
What did PSA report in its latest 8-K?
Public Storage (PSA) filed an 8-K on September 16, 2026 reporting Item 1.01 (Entry into a Material Definitive Agreement). C$400 million raised through 4.540% senior notes due September 16, 2033.
What are the latest PSA SEC filings?
Public Storage (PSA) filed its latest 10-K annual report on February 12, 2026, a 10-Q quarterly report on July 29, 2026, an 8-K current report on September 16, 2026 and a Form 4 insider filing on October 2, 2026.
What is PSA's SEC CIK number?
Public Storage (PSA)'s SEC Central Index Key (CIK) is 1393311. EDGAR lists every PSA filing under that number.
Ask anything about PSA
The research agent reads PSA's filings, financials, insider trades and 13F holders, then answers with sources.