# SmartStop Self Storage REIT, Inc.: overview

SMA · NYSE · CIK 1585389 · [Real estate](/sectors/real-estate.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/sma.md) · [Financials](/companies/sma/financials.md) · [Filings](/companies/sma/filings.md) · [Insiders](/companies/sma/insiders.md)

Latest reported revenue: [$79.3m](/filings/0001585389-26-000014.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Aug 7, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0001585389-26-000014).

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [60.2](/filings/0001193125-25-272347.md) | [60.6 d](/filings/0001193125-26-082573.md) | [65.4](/filings/0001585389-26-000006.md) | [66.8](/filings/0001585389-26-000014.md) | [70.4](/filings/0001193125-25-272347.md) | [78.4 d](/filings/0001193125-26-082573.md) | [78.3](/filings/0001585389-26-000006.md) | [79.3](/filings/0001585389-26-000014.md) |
| Gross margin | % | [64.8%](/filings/0001193125-25-272347.md) | [66.3% d](/filings/0001193125-26-082573.md) | [64.1%](/filings/0001585389-26-000006.md) | [59.3%](/filings/0001585389-26-000014.md) | [60.9%](/filings/0001193125-25-272347.md) | [61.2% d](/filings/0001193125-26-082573.md) | [57.3%](/filings/0001585389-26-000006.md) | [60.1%](/filings/0001585389-26-000014.md) |
| Operating margin | % | [29.4%](/filings/0001193125-25-272347.md) | [29.4% d](/filings/0001193125-26-082573.md) | [26.3%](/filings/0001585389-26-000006.md) | [15.4%](/filings/0001585389-26-000014.md) | [18.1%](/filings/0001193125-25-272347.md) | [24.0% d](/filings/0001193125-26-082573.md) | [20.7%](/filings/0001585389-26-000006.md) | [22.5%](/filings/0001585389-26-000014.md) |
| Net margin | % | [(10.3%)](/filings/0001193125-25-272347.md) | [(6.1%) d](/filings/0001193125-26-082573.md) | [(12.8%)](/filings/0001585389-26-000006.md) | [(12.5%)](/filings/0001585389-26-000014.md) | [7.4%](/filings/0001193125-25-272347.md) | [3.5% d](/filings/0001193125-26-082573.md) | [12.2%](/filings/0001585389-26-000006.md) | [14.2%](/filings/0001585389-26-000014.md) |
| Diluted EPS | $ per share | [(0.26)](/filings/0001193125-25-272347.md) | not reported | [(0.35)](/filings/0000950170-25-068012.md) | [(0.16)](/filings/0000950170-25-105824.md) | [0.09](/filings/0001193125-25-272347.md) | not reported | not reported | not reported |
| Free cash flow | $m | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [169](/filings/0000950170-24-032792.md) | [213](/filings/0000950170-25-037896.md) | [233](/filings/0001193125-26-082573.md) | [237](/filings/0001193125-26-082573.md) | [281](/filings/0001193125-26-082573.md) |
| Gross margin | % | not reported | [69.2%](/filings/0000950170-25-037896.md) | [68.0%](/filings/0001193125-26-082573.md) | [65.7%](/filings/0001193125-26-082573.md) | [61.3%](/filings/0001193125-26-082573.md) |
| Operating margin | % | [9.8%](/filings/0000950170-24-032792.md) | [31.0%](/filings/0000950170-25-037896.md) | [30.3%](/filings/0001193125-26-082573.md) | [29.2%](/filings/0001193125-26-082573.md) | [21.0%](/filings/0001193125-26-082573.md) |
| Net margin | % | [(11.6%)](/filings/0000950170-24-032792.md) | [10.2%](/filings/0000950170-25-037896.md) | [(1.2%)](/filings/0001193125-26-082573.md) | [(7.8%)](/filings/0001193125-26-082573.md) | [(3.1%)](/filings/0001193125-26-082573.md) |
| Diluted EPS | $ per share | [(0.37)](/filings/0000950170-24-032792.md) | [0.07](/filings/0000950170-25-037896.md) | [(0.03)](/filings/0000950170-25-037896.md) | [(0.20)](/filings/0000950170-25-037896.md) | not reported |
| Free cash flow | $m | not reported | not reported | not reported | not reported | not reported |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; Gross profit: us-gaap:GrossProfit.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:ProfitLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax; Net income: us-gaap:NetIncomeLoss.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/sma/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $176.0m | 5,416,274 |  | Added +273,964 |
| [PRINCIPAL FINANCIAL GROUP INC](/funds/1126328.md) | 2026-06-30 | $104.2m | 3,205,785 |  | Added +609,652 |
| [VANGUARD PORTFOLIO MANAGEMENT LLC](/funds/2100121.md) | 2026-06-30 | $94.2m | 2,899,665 |  | Added +112,013 |
| [GOLDMAN SACHS GROUP INC](/funds/886982.md) | 2026-06-30 | $89.2m | 2,744,749 |  | Reduced −682,978 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $76.9m | 2,367,053 |  | Added +187,815 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $73.2m | 2,244,402 |  | Added +81,114 |
| [NORGES BANK](/funds/1374170.md) | 2026-06-30 | $53.0m | 1,630,366 |  | New +1,630,366 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $51.2m | 1,574,206 |  | Added +138,338 |
| [CENTERSQUARE INVESTMENT MANAGEMENT LLC](/funds/1725296.md) | 2026-06-30 | $46.0m | 1,415,860 |  | New +1,415,860 |
| [PRUDENTIAL FINANCIAL INC](/funds/1137774.md) | 2026-06-30 | $33.6m | 1,034,596 |  | Reduced −1,318,440 |

## Recent filings

[All 659 filings](/companies/sma/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-10-01 | 20:23 ET | [8-K](/filings/0001193125-26-410701.md) | 8.01 Other events | 0001193125-26-410701 |
| 2026-09-29 | 13:23 ET | [8-K](/filings/0001193125-26-406164.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001193125-26-406164 |
| 2026-09-09 | 00:29 ET | [8-K](/filings/0001193125-26-385565.md) | 7.01 Regulation FD disclosure | 0001193125-26-385565 |
| 2026-09-03 | 21:01 ET | [8-K](/filings/0001193125-26-382053.md) | 8.01 Other events | 0001193125-26-382053 |
| 2026-08-18 | 20:27 ET | [8-K](/filings/0001193125-26-355549.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001193125-26-355549 |
| 2026-08-13 | 20:37 ET | [8-K](/filings/0001193125-26-349382.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001193125-26-349382 |
| 2026-08-07 | 20:07 ET | [10-Q](/filings/0001585389-26-000014.md) | Quarterly report, period 2026-06-30 | 0001585389-26-000014 |
| 2026-08-05 | 20:08 ET | [8-K](/filings/0001585389-26-000011.md) | 8.01 Other events | 0001585389-26-000011 |
| 2026-08-05 | 20:05 ET | [8-K](/filings/0001585389-26-000010.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001585389-26-000010 |
| 2026-07-21 | 23:13 ET | [8-K](/filings/0001193125-26-309225.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001193125-26-309225 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001193125-26-082573.md), filed Feb 27, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/604c72b7-21bc-42ba-817f-c7aa6e1dfa1a)

## About the filer

- CIK: 1585389
- Tickers: SMA
- Exchange: NYSE
- SIC code: 6798 Real Estate Investment Trusts
- State of incorporation: MD
- Filer category: Large accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:43 ET. No prices; not investment advice.