SmartStop Self Storage REIT (SMA) Operating Income (2014 - 2026)
SmartStop Self Storage REIT's (SMA) quarterly Operating Income came in at $16.2 million in Q1 2026, down 5.87% year-on-year from $17.2 million in Q1 2025, and down 13.76% on a QoQ basis from $18.8 million in Q4 2025.
SmartStop Self Storage REIT (SMA) Operating Income (2014 - 2026) Analysis & Trends
SmartStop Self Storage REIT (SMA) has 13 years of Operating Income data on file, last reported at $16.2 million in Q1 2026.
- On a quarterly basis, Operating Income fell 5.87% year-over-year to $16.2 million in Q1 2026; TTM through Mar 2026 was $58.1 million, a 17.57% decrease from a year earlier, with the FY2025 full-year figure at $59.1 million, down 14.63% from the prior year.
- Operating Income for Q1 2026 stood at $16.2 million, down from $18.8 million in the prior quarter.
- Over the last five years, Operating Income for SMA reached as high as $25.1 million in Q2 2022 and fell as low as $10.3 million in Q2 2025.
- Historically, Operating Income has averaged $16.5 million across 5 years, with a median of $17.0 million in 2023.
- Across the five-year window, Operating Income surged 686.84% in 2022 and slumped 41.94% in 2025, its largest moves.
- Year by year, Operating Income stood at $16.4 million in 2022, then rose by 3.8% to $17.0 million in 2023, then climbed by 5.13% to $17.8 million in 2024, then climbed by 5.45% to $18.8 million in 2025, then declined by 13.76% to $16.2 million in 2026.
- Per Business Quant data, the three most recent Operating Income figures were $16.2 million in Q1 2026, $18.8 million in Q4 2025, and $12.8 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Prologis | 134.75 Bn | 139.31 Bn | 2.24 Bn | 1.63 Bn |
| 2 | Public Storage | 55.31 Bn | 55.27 Bn | 1.18 Bn | 474.28 Mn |
| 3 | Extra Space Storage | 30.66 Bn | 31.49 Bn | 617.72 Mn | 367.55 Mn |
| 4 | Eastgroup Properties | 11.49 Bn | 11.49 Bn | 193.10 Mn | 78.57 Mn |
| 5 | CubeSmart | 9.34 Bn | 9.36 Bn | 191.86 Mn | 23.17 Mn |
| 6 | Lineage | 9.30 Bn | 9.23 Bn | 417.00 Mn | 36.00 Mn |
| 7 | Rexford Industrial Realty | 8.22 Bn | 8.54 Bn | - | - |
| 8 | STAG Industrial | 7.73 Bn | 7.81 Bn | - | - |
| 9 | Terreno Realty | 7.56 Bn | 7.56 Bn | - | - |
| 10 | SmartStop Self Storage REIT | 134.18 Mn | 196.75 Mn | 44.88 Mn | 16.23 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 16.23 Mn |
| Dec 31, 2025 | 18.82 Mn |
| Sep 30, 2025 | 12.78 Mn |
| Jun 30, 2025 | 10.26 Mn |
| Mar 31, 2025 | 17.24 Mn |
| Dec 31, 2024 | 17.85 Mn |
| Sep 30, 2024 | 17.70 Mn |
| Jun 30, 2024 | 17.68 Mn |
| Mar 31, 2024 | 16.00 Mn |
| Dec 31, 2023 | 16.97 Mn |
| Sep 30, 2023 | 18.14 Mn |
| Jun 30, 2023 | 18.61 Mn |
| Mar 31, 2023 | 16.90 Mn |
| Dec 31, 2022 | 16.35 Mn |
| Sep 30, 2022 | 12.90 Mn |
| Jun 30, 2022 | 25.05 Mn |
| Mar 31, 2022 | 11.57 Mn |
| Dec 31, 2021 | 2.08 Mn |
| Sep 30, 2021 | 10.18 Mn |
| Jun 30, 2021 | 6.93 Mn |