SmartStop Self Storage REIT, Inc. — Financial Data
Annual figures from SEC EDGAR XBRL filings (10-K)
These figures are extracted directly from XBRL-tagged financial statements that SmartStop Self Storage REIT, Inc. filed with the SEC as part of its annual 10-K reports. XBRL (eXtensible Business Reporting Language) is a structured data format the SEC requires for machine-readable financial disclosures. Values shown are as reported — negative figures indicate a loss and are shown in red.
Revenue
Total revenue from all business activities — the top line of the income statement. Represents all money earned before any expenses are deducted.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2020 | Dec 31, 2020 | $32.89M | Mar 26, 2021 |
| FY2020 | Sep 30, 2020 | $31.36M | Mar 26, 2021 |
| FY2020 | Jun 30, 2020 | $29.47M | Mar 26, 2021 |
| FY2020 | Mar 31, 2020 | $30.30M | Mar 26, 2021 |
| FY2020 | Dec 31, 2019 | $30.08M | Mar 26, 2021 |
| FY2020 | Sep 30, 2019 | $29.59M | Mar 26, 2021 |
| FY2020 | Jun 30, 2019 | $25.98M | Mar 26, 2021 |
| FY2020 | Mar 31, 2019 | $23.88M | Mar 26, 2021 |
| FY2019 | Dec 31, 2018 | $20.19M | Mar 27, 2020 |
| FY2019 | Sep 30, 2018 | $20.31M | Mar 27, 2020 |
Revenue
Revenue recognized from contracts with customers under ASC 606, excluding taxes collected on behalf of government authorities. This is the primary revenue concept for many companies.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $281.14M | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | $237.01M | Feb 27, 2026 |
| FY2025 | Dec 31, 2023 | $232.99M | Feb 27, 2026 |
| FY2024 | Dec 31, 2022 | $212.64M | Mar 12, 2025 |
| FY2023 | Dec 31, 2021 | $168.76M | Mar 18, 2024 |
| FY2022 | Dec 31, 2020 | $124.02M | Mar 3, 2023 |
| FY2021 | Dec 31, 2019 | $109.53M | Mar 23, 2022 |
| FY2020 | Dec 31, 2018 | $80.41M | Mar 26, 2021 |
| FY2019 | Dec 31, 2017 | $76.11M | Mar 27, 2020 |
| FY2018 | Dec 31, 2016 | $45.17M | Mar 22, 2019 |
Gross Profit
Revenue minus the cost of goods sold (COGS). Gross profit shows how much revenue remains to cover operating expenses, R&D, and administrative costs before calculating operating income.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $172.47M | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | $155.69M | Feb 27, 2026 |
| FY2025 | Dec 31, 2023 | $158.50M | Feb 27, 2026 |
| FY2024 | Dec 31, 2022 | $147.09M | Mar 12, 2025 |
Net Income
The bottom-line profit — what remains after all operating expenses, interest, taxes, and other costs are deducted. A negative value means the company reported a net loss for the year.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | ($8.76M) | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | ($18.38M) | Feb 27, 2026 |
| FY2025 | Dec 31, 2023 | ($2.75M) | Feb 27, 2026 |
| FY2015 | Dec 31, 2015 | ($2.53M) | Mar 29, 2016 |
| FY2015 | Sep 30, 2015 | ($3.74M) | Mar 29, 2016 |
| FY2015 | Jun 30, 2015 | ($4.04M) | Mar 29, 2016 |
| FY2015 | Mar 31, 2015 | ($4.98M) | Mar 29, 2016 |
| FY2015 | Dec 31, 2014 | ($1.12M) | Mar 29, 2016 |
| FY2015 | Sep 30, 2014 | ($482.6K) | Mar 29, 2016 |
| FY2015 | Jun 30, 2014 | ($789.1K) | Mar 29, 2016 |
Operating Income
Profit from core business operations before interest expense and income taxes (also known as EBIT). Excludes non-operating items, making it a cleaner measure of operational efficiency than net income.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $59.10M | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | $69.22M | Feb 27, 2026 |
| FY2025 | Dec 31, 2023 | $70.63M | Feb 27, 2026 |
| FY2024 | Dec 31, 2022 | $65.87M | Mar 12, 2025 |
| FY2023 | Dec 31, 2021 | $16.51M | Mar 18, 2024 |
| FY2020 | Dec 31, 2020 | $3.59M | Mar 26, 2021 |
| FY2020 | Sep 30, 2020 | $4.37M | Mar 26, 2021 |
| FY2020 | Jun 30, 2020 | $1.97M | Mar 26, 2021 |
| FY2020 | Mar 31, 2020 | ($31.07M) | Mar 26, 2021 |
| FY2020 | Dec 31, 2019 | $7.06M | Mar 26, 2021 |
Operating Cash Flow
Cash generated from core business operations — a more reliable measure of financial health than net income because it strips out non-cash items like depreciation and one-time charges.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $84.97M | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | $64.03M | Feb 27, 2026 |
| FY2025 | Dec 31, 2023 | $73.19M | Feb 27, 2026 |
| FY2024 | Dec 31, 2022 | $87.91M | Mar 12, 2025 |
| FY2023 | Dec 31, 2021 | $58.76M | Mar 18, 2024 |
| FY2022 | Dec 31, 2020 | $26.77M | Mar 3, 2023 |
| FY2021 | Dec 31, 2019 | $9.77M | Mar 23, 2022 |
| FY2020 | Dec 31, 2018 | $18.36M | Mar 26, 2021 |
| FY2019 | Dec 31, 2017 | $19.94M | Mar 27, 2020 |
| FY2018 | Dec 31, 2016 | ($874.5K) | Mar 22, 2019 |
Total Assets
The total value of everything the company owns or controls — cash, investments, receivables, property, equipment, and intangibles. Reported as of fiscal year end.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $2.43B | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | $2.04B | Feb 27, 2026 |
| FY2024 | Dec 31, 2023 | $1.90B | Mar 12, 2025 |
| FY2023 | Dec 31, 2022 | $1.95B | Mar 18, 2024 |
| FY2022 | Dec 31, 2021 | $1.62B | Mar 3, 2023 |
| FY2021 | Dec 31, 2020 | $1.28B | Mar 23, 2022 |
| FY2020 | Dec 31, 2019 | $1.31B | Mar 26, 2021 |
| FY2019 | Dec 31, 2018 | $796.35M | Mar 27, 2020 |
| FY2018 | Dec 31, 2017 | $817.50M | Mar 22, 2019 |
| FY2017 | Dec 31, 2016 | $752.55M | Mar 28, 2018 |
Total Liabilities
All financial obligations owed to outside parties — including debt, accounts payable, accrued expenses, and deferred revenue. Subtracting liabilities from total assets gives stockholders' equity.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $1.15B | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | $1.37B | Feb 27, 2026 |
| FY2024 | Dec 31, 2023 | $1.13B | Mar 12, 2025 |
| FY2023 | Dec 31, 2022 | $1.11B | Mar 18, 2024 |
| FY2022 | Dec 31, 2021 | $943.22M | Mar 3, 2023 |
| FY2021 | Dec 31, 2020 | $785.29M | Mar 23, 2022 |
| FY2020 | Dec 31, 2019 | $775.80M | Mar 26, 2021 |
| FY2019 | Dec 31, 2018 | $418.87M | Mar 27, 2020 |
| FY2018 | Dec 31, 2017 | $410.06M | Mar 22, 2019 |
| FY2017 | Dec 31, 2016 | $331.21M | Mar 28, 2018 |
Stockholders Equity
The net worth attributable to shareholders: total assets minus total liabilities. Also called book value. Can be negative if liabilities exceed assets, which is common in capital-intensive industries.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $1.18B | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | $325.70M | Feb 27, 2026 |
| FY2024 | Dec 31, 2023 | $404.34M | Mar 12, 2025 |
| FY2023 | Dec 31, 2022 | $467.36M | Mar 18, 2024 |
| FY2022 | Dec 31, 2021 | $342.73M | Mar 3, 2023 |
| FY2021 | Dec 31, 2020 | $183.24M | Mar 23, 2022 |
| FY2020 | Dec 31, 2019 | $273.80M | Mar 26, 2021 |
| FY2019 | Dec 31, 2018 | $345.33M | Mar 27, 2020 |
| FY2018 | Dec 31, 2017 | $378.51M | Mar 22, 2019 |
| FY2017 | Dec 31, 2016 | $410.68M | Mar 28, 2018 |
Goodwill
An intangible asset representing the premium paid above fair value when acquiring another company. A large goodwill balance signals a history of acquisitions at premium prices.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $69.97M | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | $53.64M | Feb 27, 2026 |
| FY2024 | Dec 31, 2023 | $53.64M | Mar 12, 2025 |
| FY2023 | Dec 31, 2022 | $53.64M | Mar 18, 2024 |
| FY2022 | Dec 31, 2021 | $53.64M | Mar 3, 2023 |
| FY2021 | Dec 31, 2020 | $53.64M | Mar 23, 2022 |
| FY2020 | Dec 31, 2019 | $78.37M | Mar 26, 2021 |
| FY2021 | Jun 28, 2019 | $78.37M | Mar 23, 2022 |
Retained Earnings
Cumulative net income kept by the company rather than distributed as dividends. A growing retained earnings balance indicates consistent profitability; a deficit indicates cumulative losses.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | ($194.41M) | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | ($185.65M) | Feb 27, 2026 |
| FY2024 | Dec 31, 2023 | ($167.27M) | Mar 12, 2025 |
| FY2023 | Dec 31, 2022 | ($164.52M) | Mar 18, 2024 |
| FY2022 | Dec 31, 2021 | ($170.85M) | Mar 3, 2023 |
| FY2021 | Dec 31, 2020 | ($141.44M) | Mar 23, 2022 |
| FY2020 | Dec 31, 2019 | ($87.09M) | Mar 26, 2021 |
| FY2019 | Dec 31, 2018 | ($62.34M) | Mar 27, 2020 |
| FY2018 | Dec 31, 2017 | ($58.64M) | Mar 22, 2019 |
| FY2017 | Dec 31, 2016 | ($43.78M) | Mar 28, 2018 |
Cash & Equivalents
Highly liquid assets the company holds — cash on hand, bank balances, and short-term investments with maturities of three months or less. A key indicator of short-term financial health.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $54.22M | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | $23.11M | Feb 27, 2026 |
| FY2024 | Dec 31, 2023 | $45.08M | Mar 12, 2025 |
| FY2023 | Dec 31, 2022 | $39.49M | Mar 18, 2024 |
| FY2022 | Dec 31, 2021 | $37.25M | Mar 3, 2023 |
| FY2021 | Dec 31, 2020 | $72.71M | Mar 23, 2022 |
| FY2020 | Dec 31, 2019 | $62.28M | Mar 26, 2021 |
| FY2019 | Dec 31, 2018 | $10.27M | Mar 27, 2020 |
| FY2018 | Dec 31, 2017 | $7.36M | Mar 22, 2019 |
| FY2017 | Dec 31, 2016 | $14.99M | Mar 28, 2018 |
Long-Term Debt
Debt obligations due more than one year from the balance sheet date — bonds, term loans, and notes payable. High long-term debt relative to equity can signal elevated financial leverage.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2016 | Dec 31, 2016 | $320.82M | Mar 31, 2017 |
| FY2016 | Dec 31, 2015 | $23.03M | Mar 31, 2017 |
EPS (Basic)
Net income divided by the weighted average shares outstanding. Basic EPS does not account for dilutive securities like options or convertible bonds — use diluted EPS for a more conservative view.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2024 | Dec 31, 2024 | 0 | Mar 12, 2025 |
| FY2024 | Dec 31, 2023 | 0 | Mar 12, 2025 |
| FY2024 | Dec 31, 2022 | 0 | Mar 12, 2025 |
| FY2023 | Dec 31, 2021 | 0 | Mar 18, 2024 |
| FY2022 | Dec 31, 2020 | 0 | Mar 3, 2023 |
EPS (Diluted)
Net income divided by the fully diluted share count — including all potential shares from options, warrants, and convertible instruments. The more conservative and widely cited EPS figure.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2024 | Dec 31, 2024 | 0 | Mar 12, 2025 |
| FY2024 | Dec 31, 2023 | 0 | Mar 12, 2025 |
| FY2024 | Dec 31, 2022 | 0 | Mar 12, 2025 |
| FY2023 | Dec 31, 2021 | 0 | Mar 18, 2024 |
| FY2022 | Dec 31, 2020 | 0 | Mar 3, 2023 |
Shares Outstanding
Total common shares issued and held by all shareholders, excluding treasury shares. Combined with market price gives market capitalization.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 55.36M | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | 0 | Feb 27, 2026 |
| FY2014 | Dec 31, 2014 | 1.77M | Mar 31, 2015 |
| FY2014 | Dec 31, 2013 | 100 | Mar 31, 2015 |
Dividends Paid
Cash dividends distributed to common shareholders during the period. Shown as a positive value despite being a cash outflow in the SEC filing.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $74.83M | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | $37.38M | Feb 27, 2026 |
| FY2025 | Dec 31, 2023 | $40.60M | Feb 27, 2026 |
| FY2024 | Dec 31, 2022 | $49.39M | Mar 12, 2025 |
| FY2023 | Dec 31, 2021 | $26.16M | Mar 18, 2024 |
| FY2022 | Dec 31, 2020 | $19.16M | Mar 3, 2023 |
| FY2021 | Dec 31, 2019 | $18.21M | Mar 23, 2022 |
| FY2020 | Dec 31, 2018 | $17.57M | Mar 26, 2021 |
| FY2019 | Dec 31, 2017 | $16.67M | Mar 27, 2020 |
| FY2018 | Dec 31, 2016 | $11.36M | Mar 22, 2019 |