SmartStop Self Storage REIT (SMA) Operating Expenses (2014 - 2026)

SmartStop Self Storage REIT (SMA) has 13 years of Operating Expenses data on file, last reported at $63.3 million in Q1 2026.

• Operating Expenses for Q1 2026 came in at $63.3 million, up 31.34% year-over-year; the trailing twelve-month figure through Mar 2026 was $237.4 million (up 2932.81% YoY), and the FY2025 annual result was $222.3 million, up 33535.25% from the prior year.
• Operating Expenses improved to $63.3 million in Q1 2026 per SMA's latest filing, from $59.9 million in the prior quarter.
• Over five years, Operating Expenses peaked at $63.3 million in Q1 2026 and troughed at -$124.3 million in Q4 2024.
• A 5-year average of $36.0 million and a median of $41.5 million in 2024 frame the typical range for Operating Expenses.
• The sharpest annual moves came in 2024 and 2025: Operating Expenses plunged 406.31% in 2024, then soared 148.19% in 2025.
• A 5-year view of Operating Expenses shows it stood at $40.1 million in 2022, then climbed by 1.31% to $40.6 million in 2023, then sank by 406.31% to -$124.3 million in 2024, then soared by 148.19% to $59.9 million in 2025, then climbed by 5.69% to $63.3 million in 2026.
• Business Quant data shows SMA's Operating Expenses at $63.3 million in Q1 2026, $59.9 million in Q4 2025, and $57.7 million in Q3 2025.