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| Date | Value |
|---|---|
| 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 |