SmartStop Self Storage REIT, Inc. Reports Second Quarter 2026 Results
SmartStop reported Q2 2026 results with FFOa per share rising 17.6% year-over-year to $0.49, driven by a 150 basis point expansion in same-store operating margins to 67.3%. Citing the strength in core operations, the company raised its full-year 2026 guidance for same-store NOI and FFOa per share to a range of $1.98 to $2.04, up from the prior range of $1.94 to $2.04.
Key figures
- Eps
- 0.2
- Revenue
- 79276000
- Guidance
- FY26 FFOa per share $1.98-$2.04, raised from $1.94-$2.04
- Revenue Yoy
- 18.7%
- Ffoa yoy
- 17.6%
- Net income
- $11.2 million
- Ffoa per share
- 0.49
- Acquisition spend
- $46 million
- Same store noi growth
- 3.7%
- Same store operating margin
- 67.3%
AI analysis
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