SmartStop Q4 Revenue at $61.99M, Below Consensus
Reports Q4 revenue $61.99M, consensus $71.93M. Same-store revenues increased by 0.4%, same-store property operating expenses increased by 2.0%, while same-store net operating income declined by 0.3% compared to the same period in 2024. "2025 was a truly transformational year for SmartStop," said H. Michael Schwartz, Chairman and Chief Executive Officer of SmartStop. "From our successful IPO to multiple Maple Bond offerings, nearly $335 million of high quality on-balance sheet acquisitions, and our acquisition of Argus Professional Storage Management, 2025 will certainly be a year to remember for our Company. Since our IPO in April, we have successfully executed on our business plan, and we look forward to continuing that success in 2026."