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
DateValue
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