gross profit bridgeinconsistent2018-12-31
Withheld: gross profit could not be reconciled with the rest of this filer’s statement.
Revenue
$281.14M
Fiscal year ended 2025-12-31Operating income
$59.10M
Fiscal year ended 2025-12-31Free cash flow
Unavailable
Fiscal year ended 2025-12-31SmartStop Self Storage REIT, Inc. (SMA) reported revenue of $281.14M and net income of -$8.76M for the fiscal year ended 2025-12-31. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from SmartStop Self Storage REIT, Inc.’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Real Estate Investment Trusts.
Income
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $281.14M | $237.01M | $232.99M | $212.64M | $168.76M | $124.02M | $109.53M | $80.41M | $76.11M | $45.43M |
| Cost of revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | $25.23M | $24.49M | $15.98M |
| Gross profit | $172.47M | $155.69M | $158.50M | $147.09M | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | $29.45M |
| Operating income | $59.10M | $69.22M | $70.62M | $65.87M | $16.51M | -$21.14M | $11.59M | $16.15M | $3.58M | -$14.91M |
| Net income | -$8.76M | -$18.38M | -$2.75M | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Research & development | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Weighted-average diluted shares | Unavailable | Unavailable | Unavailable | shares 92.06M | shares 79.44M | shares 59.62M | Unavailable | Unavailable | Unavailable | Unavailable |
| Pretax income | $164.00K | -$4.40M | $9.05M | $21.11M | -$21.38M | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Income tax expense | $1.90M | $1.48M | -$2.60M | -$555.00K | -$1.81M | -$5.83M | Unavailable | Unavailable | Unavailable | Unavailable |
| Diluted EPS | Unavailable | $-0.20 | $-0.03 | $0.07 | $-0.37 | $-0.91 | Unavailable | Unavailable | Unavailable | Unavailable |
| Selling, general & administrative | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| General & administrative | $38.21M | $29.95M | $27.45M | $28.25M | $23.27M | $16.47M | $10.46M | $4.85M | $3.46M | $2.86M |
| Selling & marketing | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Balance
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $54.22M | $23.11M | $45.08M | $39.49M | $37.25M | $72.71M | $62.28M | $10.27M | $7.36M | $14.99M |
| Total assets | $2.43B | $2.04B | $1.90B | $1.95B | $1.62B | $1.28B | $1.31B | $796.35M | $817.50M | $752.55M |
| Current assets | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Total liabilities | $1.15B | $1.37B | $1.13B | $1.11B | $943.22M | $785.29M | $775.80M | $418.87M | $410.06M | $331.21M |
| Current liabilities | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Total equity incl. NCI | $1.28B | $412.55M | $495.86M | $561.82M | $407.38M | $243.24M | $345.81M | $345.26M | $382.94M | $410.63M |
| Temporary (mezzanine) equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | $57.34M | $43.39M | $32.23M | $24.50M | $10.71M |
| Inventory | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Accounts receivable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Goodwill | $69.97M | $53.64M | $53.64M | $53.64M | $53.64M | $53.64M | $78.37M | Unavailable | Unavailable | Unavailable |
| Long-term debt | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | $320.82M |
| Accounts payable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Cash flow
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $84.97M | $64.03M | $73.19M | $87.91M | $58.76M | $26.77M | $9.77M | $18.36M | $19.94M | -$874.47K |
| Capital expenditures | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Investing cash flow | -$380.76M | -$180.94M | $262.00K | -$205.15M | -$120.21M | -$28.96M | -$347.78M | -$3.18M | -$57.55M | -$508.38M |
| Financing cash flow | $325.23M | $94.82M | -$66.10M | $120.07M | $25.67M | $13.74M | $392.22M | -$12.54M | $31.28M | $498.94M |
| Net change in cash | $30.07M | -$24.13M | $7.39M | $1.35M | -$35.97M | $12.09M | $54.56M | $2.14M | -$6.17M | -$10.48M |
| Stock-based compensation | $16.62M | $5.26M | $5.26M | $3.97M | $2.91M | $1.74M | $404.54K | $75.29K | $33.97K | Unavailable |
| Common dividends paid | $74.83M | $37.38M | $40.60M | $49.39M | $26.16M | $19.16M | $18.21M | $17.57M | $16.67M | $11.36M |
| Common share repurchases | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Depreciation & amortization | $73.20M | $56.11M | $60.23M | $64.62M | $53.37M | $42.07M | $41.10M | $22.80M | $33.45M | $22.08M |
Derived
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Free cash flow | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Gross margin | 61.3% | 65.7% | 68.0% | 69.2% | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | 64.8% |
| Operating margin | 21.0% | 29.2% | 30.3% | 31.0% | 9.8% | -17.0% | 10.6% | 20.1% | 4.7% | -32.8% |
| FCF margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| SBC / revenue | 5.9% | 2.2% | 2.3% | 1.9% | 1.7% | 1.4% | 0.4% | 0.1% | 0.0% | Unavailable |
| Current ratio | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Revenue YoY growth | 18.6% | 1.7% | 9.6% | 26.0% | 36.1% | 13.2% | 36.2% | 5.7% | 67.5% | Unavailable |
| Net margin | -3.1% | -7.8% | -1.2% | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| R&D / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| CapEx / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Long-term debt / equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Effective tax rate | 1159.1% | Unavailable | -28.7% | -2.6% | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open SMA in the interactive workspace to inspect any figure back to its filing.
Source filings
10-Q · Filed 2026-08-07View SEC filing
10-Q · Filed 2026-05-08View SEC filing
10-K · Filed 2026-02-27View SEC filing
10-Q · Filed 2025-11-07View SEC filing
10-Q · Filed 2025-08-08View SEC filing
10-Q · Filed 2025-05-09View SEC filing
Reconciliation checks needing review
8 periods on this page do not reconcile under this site’s normalization. Read that as a limitation here before an observation about the company: the figures are the filer’s own, the filings linked above are authoritative, and a difference usually means the concepts this site selected do not match how this filer presents its statements. Nothing is adjusted to make a check pass.
gross profit bridgeinconsistent2017-12-31
Withheld: gross profit could not be reconciled with the rest of this filer’s statement.
balance equationreview2024-12-31
Difference 258398000 exceeds tolerance 2042067.000. Presentation or filing-vintage differences need review.
balance equationreview2023-12-31
Difference 267633000 exceeds tolerance 1895641.000. Presentation or filing-vintage differences need review.
balance equationreview2022-12-31
Difference 272933887 exceeds tolerance 1947217.387. Presentation or filing-vintage differences need review.
balance equationreview2021-12-31
Difference 267692171 exceeds tolerance 1618292.776. Presentation or filing-vintage differences need review.
balance equationreview2020-12-31
Difference 196356107 exceeds tolerance 1282221.057. Presentation or filing-vintage differences need review.
balance equationreview2019-12-31
Difference 146426164 exceeds tolerance 1311433.731. Presentation or filing-vintage differences need review.