SMASmartStop Self Storage REIT, Inc.

$32.85-8.0% 1Y

The financials

SmartStop Self Storage REIT, Inc. by the numbers

SmartStop Self Storage REIT, Inc. (SMA) reported revenue of $79M in Q2 2026 (quarter ended Jun 30, 2026), up 19% from the same quarter a year earlier. That came with a gross margin of 60% and net income of $12M (15% of revenue). For the full year FY2025, revenue was $281M (+19% year on year) and net income −$1.7M. Its largest product in Q2 2026 was Self Storage Rental at $63M, 79% of the disclosed total, well ahead of Managed Platform at 8.5%. The next results filing is expected around Nov 4, 2026, the same week as a year ago.

SmartStop Self Storage REIT, Inc. income statement, Q2 2026 against the same quarter a year earlier
Income statementQ2 2026Q2 2025Change
Revenue$79M$67M+19%
Gross profit$48M$40M+20%
Operating income$18M$10M+74%
Net income$12M−$4.8Mto a profit
Diluted EPSn/a−$0.16n/a
Revenue by product, Q2 2026, as reported to the SEC
ProductRevenueShare
Self Storage Rental$63M79%
Managed Platform$6.7M8.5%
Reimbursable Costs From Managed Platform$6.7M8.4%
Ancillary Operating$3.0M3.7%

Business segments

Revenue split by product segment, from SEC XBRL filings.

Latest period: Jun 2026Total $79.3M (+1.2%)
Reimbursable Costs From Managed Platform grew +253% year on yearSelf Storage Rental +8.1% year on year
  • Self Storage Rental$62.9Mquarter on quarter +1.6%year on year +8.1%
  • Managed Platform$6.7Mquarter on quarter +2.0%year on year +67%
  • Reimbursable Costs From Managed Platform$6.7Mquarter on quarter -2.7%year on year +253%
  • Ancillary Operating$3.0Mquarter on quarter +1.9%year on year +8.4%
Segment sum = 100% of reported consolidated revenue · Latest source: 10-Q filed Aug 7, 2026, SEC EDGAR