SmartStop Self Storage REIT, Inc. (SMA) Financial Statements
Industry: Real Estate Investment Trusts
In fiscal 2025, SmartStop Self Storage REIT reported revenue of $281.1M, up 18.6% from $237.0M the year before. Net income was -$8.8M (a -3.1% net margin), or -$0.20 per diluted share. Gross margin was 61.3% and operating margin was 21.0%. Operating activities generated $85.0M of cash. At fiscal year end, SmartStop Self Storage REIT held $2.43B in total assets against $1.15B in total liabilities, including $54.2M of cash and equivalents.
Open the full interactive SmartStop Self Storage REIT financials → Quarterly statements, key ratios, valuation history and price charts.
SmartStop Self Storage REIT Key Stats
| Share Price | $32.99 |
|---|---|
| Market Cap | $1.83B |
| Revenue YoY Growth | +18.6% |
| 52-Week Range | $28.92 – $36.11 |
| Shares Outstanding | 55.3 million (basic, 2026 Q2) |
SmartStop Self Storage REIT Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $124.0M | $168.8M | $212.6M | $233.0M | $237.0M | $281.1M |
| Cost of Goods Sold | $145.2M | $152.4M | $162.9M | $162.4M | $167.8M | $222.3M |
| Gross Profit | -$21.1M | $16.3M | $49.8M | $70.6M | $155.7M | $172.5M |
| Operating Income | -$21.1M | $16.5M | $65.9M | $70.6M | $69.2M | $59.1M |
| Pre-Tax Income | -$44.3M | -$16.9M | $18.3M | $9.1M | -$4.4M | $164,000 |
| Income Tax | — | — | -$554,785 | -$2.6M | $1.5M | $1.9M |
| Net Income | -$44.3M | -$16.9M | $18.8M | $9.8M | -$5.6M | -$8.8M |
| Diluted EPS | -$0.86 | -$0.24 | $0.07 | -$0.03 | -$0.20 | -$0.20 |
SmartStop Self Storage REIT Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $70.4M | $78.4M | $78.3M | $79.3M |
| Net Income | $5.2M | -$4.4M | $9.6M | $11.2M |
| Diluted EPS | $0.09 | -$0.09 | $0.17 | $0.20 |
SmartStop Self Storage REIT Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $72.7M | $37.3M | $39.5M | $45.1M | $23.1M | $54.2M |
| Total Assets | $1.28B | $1.62B | $1.95B | $1.90B | $2.04B | $2.43B |
| Total Long-Term Debt | $718.0M | $873.9M | $1.07B | $1.09B | $1.32B | $1.10B |
| Total Liabilities | $785.3M | $943.2M | $1.11B | $1.13B | $1.37B | $1.15B |
| Shareholders' Equity | $183.2M | $342.7M | $467.4M | $404.3M | $325.7M | $1.18B |
SmartStop Self Storage REIT Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $26.8M | $58.8M | $87.9M | $73.2M | $64.0M | $85.0M |
| Cash From Investing | -$29.0M | -$120.2M | -$205.2M | $261,312 | -$180.9M | -$380.8M |
| Cash From Financing | $13.7M | $25.7M | $120.1M | -$66.1M | $94.8M | $325.2M |
Figures from SmartStop Self Storage REIT's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full SmartStop Self Storage REIT financials page for every line item.
SmartStop Self Storage REIT Company Profile
| Ticker | SMA |
|---|---|
| Exchange | NYSE |
| Industry | Real Estate Investment Trusts |
| Headquarters | Ladera Ranch, California |
| Incorporated in | Maryland |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001585389 |
Frequently Asked Questions
What was SmartStop Self Storage REIT's revenue in fiscal 2025?
SmartStop Self Storage REIT (SMA) reported revenue of $281.1M for fiscal 2025.
What is SmartStop Self Storage REIT's annual revenue history?
SmartStop Self Storage REIT's annual revenue by fiscal year: 2020: $124.0M; 2021: $168.8M; 2022: $212.6M; 2023: $233.0M; 2024: $237.0M; 2025: $281.1M.
What was SmartStop Self Storage REIT's net income in fiscal 2025?
SmartStop Self Storage REIT reported net income of -$8.8M for fiscal 2025.
What was SmartStop Self Storage REIT's earnings per share (EPS) in fiscal 2025?
SmartStop Self Storage REIT's diluted EPS was -$0.20 for fiscal 2025 (adjusted for any later stock splits).
What was SmartStop Self Storage REIT's revenue last quarter?
In its most recent reported quarter (2026 Q2), SmartStop Self Storage REIT reported revenue of $79.3M.
How much debt does SmartStop Self Storage REIT have?
SmartStop Self Storage REIT reported $1.10B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of SmartStop Self Storage REIT are outstanding?
SmartStop Self Storage REIT reported a weighted average of 55.3 million basic shares outstanding in 2026 Q2.
What is SmartStop Self Storage REIT's market cap?
Based on its latest closing price, SmartStop Self Storage REIT (SMA) has a market capitalization of about $1.83B.
When does SmartStop Self Storage REIT's fiscal year end?
SmartStop Self Storage REIT's fiscal year end, as registered with the SEC, is December 31.
Where is SmartStop Self Storage REIT headquartered?
SmartStop Self Storage REIT lists its business address in Ladera Ranch, California in its SEC filings.