SmartStop Self Storage REIT (SMA) Gross Margin (2014 - 2026)

SmartStop Self Storage REIT (SMA) has 13 years of Gross Margin data on file, last reported at 57.31% in Q1 2026.

• On a quarterly basis, Gross Margin fell 684.0% year-over-year to 57.31% in Q1 2026; TTM through Mar 2026 was 1.29%, a 6412.0% decrease from a year earlier, with the FY2025 full-year figure at 0.32%, down 6537.0% from the prior year.
• Gross Margin for Q1 2026 stood at 57.31%, up from 157.53% in the prior quarter.
• Over the last five years, Gross Margin for SMA reached as high as 99.19% in Q1 2022 and fell as low as 157.53% in Q4 2025.
• Historically, Gross Margin has averaged 51.12% across 5 years, with a median of 65.13% in 2024.
• Across the five-year window, Gross Margin jumped 11459 bps in 2024 and tumbled 22386 bps in 2025, its largest moves.
• Year by year, Gross Margin stood at 3.22% in 2022, then sank by 1597 bps to 48.25% in 2023, then jumped by 237 bps to 66.33% in 2024, then tumbled by 337 bps to 157.53% in 2025, then surged by 136 bps to 57.31% in 2026.
• Per Business Quant data, the three most recent Gross Margin figures were 57.31% in Q1 2026, 157.53% in Q4 2025, and 60.87% in Q3 2025.