--- title: "Smartstop Self Storage REIT | 8-K: FY2026 Q2 Revenue: USD 79.28 M" type: "News" locale: "en" url: "https://longbridge.com/en/news/295047719.md" datetime: "2026-08-06T03:08:35.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/295047719.md) - [en](https://longbridge.com/en/news/295047719.md) - [zh-HK](https://longbridge.com/zh-HK/news/295047719.md) generator: "portal-rs" --- # Smartstop Self Storage REIT | 8-K: FY2026 Q2 Revenue: USD 79.28 M Revenue: As of FY2026 Q2, the actual value is USD 79.28 M. EPS: As of FY2026 Q2, the actual value is USD 0.2. EBIT: As of FY2026 Q2, the actual value is USD 29.11 M. ### Financial Highlights for Three Months Ended June 30, 2026 #### Net Income Net Income Attributable to Common Stockholders was $11.2 million, which represents an increase of $19.6 million compared to the same period in 2025. #### Total Self Storage-Related Revenues Total Self Storage-Related Revenues reached $65.8 million, an increase of $4.9 million compared to the same period in 2025. #### Funds From Operations (FFO) FFO, as Adjusted (Attributable to Common Stockholders and OP Unit Holders) was $29.3 million, an increase of $4.9 million compared to the same period in 2025. #### Same-Store Performance Same-Store Revenues increased by 1.3% compared to the same period in 2025. Same-Store Property Operating Expenses decreased by 3.4% compared to the same period in 2025. Same-Store Net Operating Income (NOI) increased by 3.7% compared to the same period in 2025. Same-Store Operating Margins were 67.3%, an increase of 150 basis points year over year. Same-Store Average Physical Occupancy was 92.5%, representing a decrease of approximately 0.6% compared to the same period in 2025. Same-Store Annualized Rent Per Occupied Square Foot was $20.33, an increase of approximately 1.9% compared to the same period in 2025. ### Financial Highlights for Six Months Ended June 30, 2026 #### Net Income Net Income Attributable to Common Stockholders was $20.8 million, an increase of $37.6 million compared to the same period in 2025. #### Total Self Storage-Related Revenues Total Self Storage-Related Revenues were $130.7 million, an increase of $10.6 million compared to the same period in 2025. #### Funds From Operations (FFO) FFO, as Adjusted (Attributable to Common Stockholders and OP Unit Holders) was $58.1 million, an increase of $22.5 million compared to the same period in 2025. #### Same-Store Performance Same-Store Revenues increased by 1.4% compared to the same period in 2025. Same-Store Property Operating Expenses decreased by 1.4% compared to the same period in 2025. Same-Store Net Operating Income (NOI) increased by 2.9% compared to the same period in 2025. Same-Store Average Physical Occupancy was 92.5%, a decrease of approximately 0.2% compared to the same period in 2025. Same-Store Annualized Rent Per Occupied Square Foot was $20.22, an increase of approximately 1.5% compared to the same period in 2025. ### Acquisitions and Other Investments #### Acquisitions SmartStop Self Storage REIT, Inc. acquired three self-storage facilities in Spartanburg, South Carolina for approximately $29.7 million in June. #### Third Party Management As of June 30, 2026, SmartStop Self Storage REIT, Inc. managed approximately 220 stores, totaling approximately 15.7 million net rentable square feet on its third-party platform. #### Bridge Lending and Preferred Investment SmartStop Self Storage REIT, Inc. closed a preferred investment of approximately $16.3 million and its first preferred investment with joint venture partner AXCS for approximately $3.1 million, with a weighted average yield of approximately 10.9%. #### Managed REIT Platform Assets under management for the Managed REITs were approximately $1.0 billion at quarter end. SmartStop Self Storage REIT, Inc. will receive a $2.0 million negotiated payment in connection with the SSGT III merger into SST VI and will continue to serve as advisor and property manager to the combined company. #### Eminent Domain SmartStop Self Storage REIT, Inc. recognized a gain on disposition of approximately $0.5 million from an eminent domain proceeding for the Asheville III property. #### Declared Distributions For June, July, and August 2026, SmartStop Self Storage REIT, Inc.’s board approved an annualized distribution of $1.60 per share. ### Outlook for Full Year 2026 SmartStop Self Storage REIT, Inc. updated its full-year 2026 guidance as of August 5, 2026. The company projects Same-Store Revenue growth between 0.50% and 1.50% and Same-Store Net Operating Income (NOI) growth between 0.65% and 1.65% for both U.S. dollar and constant currency metrics. Key financial projections include Non Same-Store Net Operating Income between $19.9 million and $20.7 million, Managed REIT Adjusted EBITDA between $13.65 million and $14.25 million, and total capital deployment for acquisitions, loans, bridge loans, and preferred investments expected to be between $55.0 million and $75.0 million. ### Related Stocks - [SMA.US](https://longbridge.com/en/quote/SMA.US.md) ## Related News & Research - [Smartstop Self Storage REIT (NYSE:SMA) Director David Mueller Sells 425 Shares of Stock](https://longbridge.com/en/news/296271846.md) - [SmartStop Self Storage REIT General Counsel Nicholas Look sells 1,025 common shares worth $35,214.10](https://longbridge.com/en/news/296267932.md) - [Skye Bio amends 8-K to set Aug. 24 effective date for reverse stock split](https://longbridge.com/en/news/296471274.md) - [SmartStop Self Storage closes CAD 200 million senior unsecured notes offering](https://longbridge.com/en/news/296265775.md) - [Northann amends 8-K to file former auditor LAO Professionals’ letter on resignation](https://longbridge.com/en/news/296825824.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**