SmartStop Q2 FY26 FFO as adjusted per diluted share rises 16.67% to $0.49; self storage-related revenue increases to $65.8 million
Reuters2026/08/05 21:42Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- SmartStop Self Storage REIT posted Q2 GAAP net income attributable to common stockholders of USD 11.2 million, swinging from a loss a year earlier; EPS was USD 0.20.
- Q2 total self storage-related revenues rose 8.1% year over year to USD 65.8 million; same-store NOI climbed 3.7% as same-store expenses fell 3.4%.
- Q2 non-GAAP FFO, as adjusted, increased 20.2% to USD 29.3 million; FFO, as adjusted per diluted share rose 16.7% to USD 0.49.
- Same-store operating margin widened to 67.3%, up 1.5 percentage points year over year; same-store occupancy slipped 0.6 percentage points to 92.5%.
- Raised full-year 2026 guidance for same-store NOI growth to 0.65%-1.65% and FFO, as adjusted per diluted share to USD 1.98-2.04.
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. Smartstop Self Storage Reit Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260805501989) on August 05, 2026, and is solely responsible for the information contained therein.
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