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

SmartStop Self Storage REIT's (SMA) quarterly Cost of Revenue came in at $29.9 million in Q1 2026, up 20.8% year-on-year from $24.7 million in Q1 2025, and up 1.44% on a QoQ basis 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.

  • On a quarterly basis, Cost of Revenue rose 20.8% year-over-year to $29.9 million in Q1 2026; TTM through Mar 2026 was $118.8 million, a 31.92% increase from a year earlier, with the FY2025 full-year figure at $113.7 million, up 31.45% from the prior year.
  • Cost of Revenue for Q1 2026 stood at $29.9 million, up from $29.5 million in the prior quarter.
  • Over the last five years, Cost of Revenue for SMA reached as high as $85.3 million in Q4 2023 and fell as low as $389265.0 in Q1 2022.
  • Historically, Cost of Revenue has averaged $22.8 million across 5 years, with a median of $21.6 million in 2024.
  • On a YoY basis, Cost of Revenue climbed as much as 4213.64% in 2022 and fell as far as 96.24% in 2022.
  • Year by year, Cost of Revenue stood at $54.6 million in 2022, then soared by 56.3% to $85.3 million in 2023, then tumbled by 73.77% to $22.4 million in 2024, then soared by 31.65% to $29.5 million in 2025, then grew by 1.44% to $29.9 million in 2026.
  • Per Business Quant data, the three most recent Cost of Revenue figures were $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 136.72 Bn 136.72 Bn 2.24 Bn 15.95 Mn
2 Public Storage 56.92 Bn 56.79 Bn 1.18 Bn 34.26 Mn
3 Extra Space Storage 31.35 Bn 31.35 Bn 617.72 Mn 238.30 Mn
4 Eastgroup Properties 11.31 Bn 11.31 Bn 193.10 Mn 231,000.00
5 Lineage 9.72 Bn 9.65 Bn 417.00 Mn 880.00 Mn
6 CubeSmart 9.62 Bn 9.62 Bn 191.86 Mn 90.07 Mn
7 Rexford Industrial Realty 8.86 Bn 8.81 Bn - -
8 STAG Industrial 7.76 Bn 7.76 Bn - -
9 Terreno Realty 7.66 Bn 7.66 Bn - -
10 SmartStop Self Storage REIT 140.50 Mn 102.29 Mn 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 85.34 Mn
Dec 31, 2023 85.34 Mn