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

SmartStop Self Storage REIT (SMA) has reported Gross Margin for 13 consecutive years, with 60.1% the latest figure, recorded in Q2 2026.

• On a quarterly basis, Gross Margin rose 81.0% year-over-year to 60.1% in Q2 2026; TTM through Jun 2026 was 59.84%, a 371.0% decrease from a year earlier, with the FY2025 full-year figure at 61.35%, down 434.0% from the prior year.
• Gross Margin was 60.1% for Q2 2026 at SmartStop Self Storage REIT, up from 57.31% in the prior quarter.
• Over five years, Gross Margin peaked at 73.67% in Q2 2022 and troughed at 3.22% in Q4 2022.
• A 5-year average of 60.87% and a median of 64.98% in 2024 frame the typical range for Gross Margin.
• Across the five-year window, Gross Margin plunged 6974 bps in 2022 and soared 3329 bps in 2024, its largest moves.
• Over 5 years, Gross Margin stood at 3.22% in 2022, then soared by 925 bps to 33.04% in 2023, then surged by 101 bps to 66.33% in 2024, then decreased by 8 bps to 61.19% in 2025, then retreated by 2 bps to 60.1% in 2026.
• The last three Gross Margin figures came in at 60.1% (Q2 2026), 57.31% (Q1 2026), and 61.19% (Q4 2025), per Business Quant data.