SmartStop Self Storage REIT (SMA) Cost of Revenue (2014 - 2026)

SmartStop Self Storage REIT (SMA) reported Cost of Revenue of $29.9 million for Q1 2026, up 20.8% year-over-year from $24.7 million in Q1 2025, and up 1.44% quarter-over-quarter from $29.5 million in Q4 2025.

SmartStop Self Storage REIT (SMA) Cost of Revenue (2014 - 2026) Analysis & Trends

SmartStop Self Storage REIT (SMA) has 13 years of Cost of Revenue data on file, last reported at $29.9 million in Q1 2026.

  • Cost of Revenue for Q1 2026 came in at $29.9 million, up 20.8% year-over-year; the trailing twelve-month figure through Mar 2026 was $118.8 million (up 31.92% YoY), and the FY2025 annual result was $113.7 million, up 31.45% from the prior year.
  • Cost of Revenue climbed to $29.9 million in Q1 2026 per SMA's latest filing, from $29.5 million in the prior quarter.
  • Over five years, Cost of Revenue peaked at $93.8 million in Q4 2022 and troughed at $1.1 million in Q1 2022.
  • A 5-year average of $26.0 million and a median of $21.6 million in 2024 frame the typical range for Cost of Revenue.
  • On a YoY basis, Cost of Revenue climbed as much as 4213.64% in 2022 and fell as far as 90.74% in 2022.
  • A 5-year view of Cost of Revenue shows it stood at $93.8 million in 2022, then fell by 10.84% to $83.6 million in 2023, then tumbled by 73.24% to $22.4 million in 2024, then soared by 31.65% to $29.5 million in 2025, then gained by 1.44% to $29.9 million in 2026.
  • Business Quant data shows SMA's Cost of Revenue at $29.9 million in Q1 2026, $29.5 million in Q4 2025, and $30.1 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Prologis 137.79 Bn 141.12 Bn 2.24 Bn 15.95 Mn
2 Public Storage 57.19 Bn 57.15 Bn 1.18 Bn 34.26 Mn
3 Extra Space Storage 31.69 Bn 32.52 Bn -204.61 Mn 238.30 Mn
4 Eastgroup Properties 10.93 Bn 10.93 Bn 190.03 Mn 225,000.00
5 Lineage 10.07 Bn 10.97 Bn 417.00 Mn 880.00 Mn
6 CubeSmart 9.54 Bn 9.57 Bn 191.86 Mn 90.07 Mn
7 Rexford Industrial Realty 7.99 Bn 8.37 Bn - -
8 STAG Industrial 7.40 Bn 7.47 Bn - -
9 Terreno Realty 7.04 Bn 7.04 Bn - -
10 SmartStop Self Storage REIT 1.78 Bn 1.84 Bn 44.88 Mn 29.89 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 29.89 Mn
Mar 31, 2026 29.89 Mn
Dec 31, 2025 29.47 Mn
Dec 31, 2025 29.47 Mn
Sep 30, 2025 30.09 Mn
Sep 30, 2025 30.09 Mn
Jun 30, 2025 29.36 Mn
Jun 30, 2025 29.36 Mn
Mar 31, 2025 24.75 Mn
Mar 31, 2025 24.75 Mn
Dec 31, 2024 22.38 Mn
Dec 31, 2024 22.38 Mn
Sep 30, 2024 21.30 Mn
Sep 30, 2024 21.30 Mn
Jun 30, 2024 21.63 Mn
Jun 30, 2024 21.63 Mn
Mar 31, 2024 21.15 Mn
Mar 31, 2024 21.15 Mn
Dec 31, 2023 83.64 Mn
Dec 31, 2023 83.64 Mn