SmartStop Self Storage REIT, Inc. Income Statement
SMA / Real Estate|13 years of annual SEC 10-K data (FY2013-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 13 fiscal years. All figures from audited SEC 10-K filings.
SmartStop Self Storage REIT, Inc. reported $281M in revenue and $9M in net loss for FY2025. Revenue has grown at a 79.0% compound annual rate over the past 11 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score 0.52 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $281.1M | $237.0M | $233.0M | $212.6M | $168.8M | $30.3M | $23.9M | $19.9M | $76.1M | $45.4M | $17.9M | $465.3K | $0 |
| Cost of Revenue | - | - | - | - | - | - | - | $25.2M | $24.5M | $16.0M | $6.8M | $167.4K | $0 |
| Gross Profit | $172.5M | $155.7M | $158.5M | $147.1M | - | - | - | - | - | - | - | - | - |
| SG&A Expense | $38.2M | $29.9M | $27.5M | $28.3M | $23.3M | $16.5M | $10.5M | $4.8M | $3.5M | $2.9M | $1.6M | $943.9K | $0 |
| Operating Income | $59.1M | $69.2M | $70.6M | $65.9M | $16.5M | -$21.1M | $11.6M | $16.2M | $3.6M | -$14.9M | -$5.1M | -$2.3M | $0 |
| Interest Expense | $59.9M | $72.3M | $61.8M | $41.5M | $33.4M | $36.1M | $37.6M | $18.0M | $16.4M | $7.4M | $2.9M | $116.9K | $0 |
| Income Tax | $1.9M | $1.5M | -$2.6M | -$555.0K | -$1.8M | -$5.8M | - | - | - | - | - | - | - |
| Net Income | -$8.8M | -$18.4M | -$2.7M | $21.7M | -$19.6M | -$51.2M | -$25.1M | -$3.7M | -$15.0M | -$26.1M | -$5.0M | $0 | $0 |
| EPS (Basic) | - | $0.07 | -$0.37 | -$0.91 | - | - | - | - | - | - | - | - | - |
| EPS (Diluted) | - | $0.07 | -$0.37 | -$0.91 | - | - | - | - | - | - | - | $0.00 | - |
| Shares Outstanding | 0 | - | - | 59.6M | - | - | - | - | - | - | - | 100 | 42 |
| Gross Margin | 61.4% | 65.7% | 68.0% | 69.2% | - | - | - | - | - | - | - | - | - |
| Operating Margin | 21.0% | 29.2% | 30.3% | 31.0% | 9.8% | -69.8% | 48.5% | 81.3% | 4.7% | -32.8% | -28.3% | -485.0% | - |
| Profit Margin | -3.1% | -7.8% | -1.2% | 10.2% | -11.6% | -169.0% | -105.1% | -18.7% | -19.7% | -57.5% | -27.8% | 0.0% | - |