SmartStop Self Storage REIT, Inc. revenue by segment SMA

SmartStop Self Storage REIT, Inc. splits its revenue 2 ways in its filings. By operating segments, the largest line in fiscal 2025, which ended Dec 31, 2025 was Self Storage at $249.5 million, 89% of the total. By sales mix, the largest line in fiscal 2025, which ended Dec 31, 2025 was Self Storage Rental Revenue at $238.5 million, 85% of the total.

USD in millions. The percent under a figure is the change from the year before.

Line
FY 2026
Jun 30, 2026
FY 2025
Dec 31, 2025
FY 2024
Dec 31, 2024
FY 2023
Dec 31, 2023
FY 2022
Dec 31, 2022
FY 2021
Dec 31, 2021
FY 2020
Dec 31, 2020
FY 2019
Dec 31, 2019
FY 2018
Dec 31, 2018
FY 2017
Dec 31, 2017
FY 2016
Dec 31, 2016
Revenue
306
281
237
233
213
169
124
110
80
76
45
Operating segments
Self Storage
260
+12.4%
share 84.9%
250
+13.9%
share 88.8%
219
+1.7%
share 92.4%
215
+7.6%
share 92.4%
200
+26.6%
share 94.1%
158
+43.6%
share 93.7%
110
+6.8%
share 88.8%
103
share 94.2%
—
—
—
Managed Platform
46
+114.1%
share 15.1%
32
+75.4%
share 11.2%
18
+2.0%
share 7.6%
18
+42.0%
share 7.6%
12
+17.4%
share 5.9%
11
-23.5%
share 6.3%
14
+118.9%
share 11.2%
6
share 5.8%
—
—
—
Sales mix
Self Storage Rental Revenue
249
+12.4%
share 81.1%
239
+13.8%
share 84.8%
210
+1.5%
share 88.4%
206
+7.7%
share 88.6%
192
+27.3%
share 90.2%
151
+43.6%
share 89.2%
105
+5.4%
share 84.6%
99
+26.8%
share 90.8%
78
+4.1%
share 97.6%
75
share 99.1%
—
Managed Platform Revenue
24
+72.5%
share 8.0%
19
+68.4%
share 6.8%
11
-4.4%
share 4.8%
12
+52.3%
share 5.1%
8
+23.7%
share 3.7%
6
-21.4%
share 3.7%
8
+162.3%
share 6.5%
3
share 2.8%
—
—
—
Reimbursable Costs From Managed Platform
22
+192.0%
share 7.2%
12
+87.5%
share 4.4%
7
+15.3%
share 2.8%
6
+24.6%
share 2.5%
5
+8.2%
share 2.2%
4
-26.2%
share 2.5%
6
+78.0%
share 4.7%
3
share 3.0%
—
—
—
Ancillary Operating Revenue
12
+13.0%
share 3.8%
11
+17.2%
share 3.9%
9
+6.5%
share 4.0%
9
+4.5%
share 3.8%
8
+11.8%
share 4.0%
8
+42.9%
share 4.5%
5
+42.6%
share 4.3%
4
+91.1%
share 3.4%
2
+176.8%
share 2.4%
1
share 0.9%
—
How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions. Each group is a separate split of total revenue, so the groups are not added together. Share of revenue is that line divided by total revenue. The first column adds the latest year-to-date segment amount to the last fiscal year and subtracts the year-ago year-to-date amount. More on our methodology.

Company profile

Industry
Real Estate Investment Trusts (SIC 6798)
Listed as
SMA (NYSE)
Fiscal year ends
December 31
Incorporated in
MD
Headquarters
Ladera Ranch, CA
SEC filer status
Large accelerated filer
SEC CIK
1585389
Former names
Strategic Storage Trust II, Inc. (until Jun 27, 2019)

Other Real Estate Investment Trusts companies

Source: SEC EDGAR filings. This is company-reported data, not investment advice.