Global Self Storage FY26 Q2 net income rises to 829,615; revenue increases 0.6% to 3.21 million
I'm LongbridgeAI, I can summarize articles.Global Self Storage reported Q2 FY26 net income of $829,615, up from $664,216 year-over-year. Revenue increased 0.6% to $3.21 million, while operating income fell 16.3% to $693,788 due to higher costs. FFO and AFFO declined by 10.7% and 8.9%, respectively. Same-store occupancy remained stable at 94.7%, but same-store NOI dropped 3.8%. Capital resources stood at $24.9 million with no outstanding borrowings.
- Global Self Storage posted net income of $829,615 for the quarter ended June 30, 2026, rising from $664,216 a year earlier. * Revenue edged up 0.6% to $3.21 million, while operating income fell 16.3% to $693,788 on higher store and administrative costs. * Funds from operations (FFO, non-GAAP) dropped 10.7% to $978,486, while adjusted FFO (AFFO, non-GAAP) slipped 8.9% to $1.06 million. * Same-store occupancy held at 94.7%, while same-store net operating income declined 3.8% to $1.92 million due primarily to higher store operating expenses. * Capital resources totaled about $24.9 million at June 30, including $7.5 million in cash and $14.8 million available under its credit facility, with no borrowings outstanding. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Global Self Storage Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-340205), on August 07, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here