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

SmartStop Self Storage REIT (SMA) has reported Operating Expenses for 13 consecutive years, with $61.9 million the latest figure, recorded in Q2 2026.

• On a quarterly basis, Operating Expenses rose 9.44% year-over-year to $61.9 million in Q2 2026; TTM through Jun 2026 was $242.8 million, a 27.76% increase from a year earlier, with the FY2025 full-year figure at $222.3 million, up 32.51% from the prior year.
• Operating Expenses was $61.9 million for Q2 2026 at SmartStop Self Storage REIT, down from $63.3 million in the prior quarter.
• Over five years, Operating Expenses peaked at $63.3 million in Q1 2026 and troughed at $36.4 million in Q1 2022.
• A 5-year average of $46.7 million and a median of $42.6 million in 2024 frame the typical range for Operating Expenses.
• Across the five-year window, Operating Expenses fell 10.83% in 2022 and soared 39.99% in 2025, its largest moves.
• Over 5 years, Operating Expenses stood at $40.1 million in 2022, then advanced by 1.31% to $40.6 million in 2023, then gained by 5.45% to $42.8 million in 2024, then soared by 39.99% to $59.9 million in 2025, then gained by 3.3% to $61.9 million in 2026.
• The last three Operating Expenses figures came in at $61.9 million (Q2 2026), $63.3 million (Q1 2026), and $59.9 million (Q4 2025), per Business Quant data.