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AI brief of an SEC Form 8-K · SmartStop Self Storage REIT, Inc. (SMA)

SmartStop Q3 net income rises to $9.0 million; FFO as adjusted per share $0.51

Positive Impact 4 of 5 earnings Written later

SmartStop Self Storage REIT reported third quarter 2026 net income attributable to common stockholders of approximately $9.0 million, up about $3.8 million from a year earlier, with net income of $0.16 per share versus $0.09. Management said it raised its full-year same-store net operating income guidance for the fourth time this year, and it described a pending $74.3 million CAD investment in Strategic Storage Canada, which is subject to closing conditions.

Key points

  • Q3 2026 net income attributable to common stockholders was approximately $9.0 million, or $0.16 per share, versus $0.09 in Q3 2025.
  • FFO, as adjusted, per diluted share and OP unit was $0.51, up about $0.04 from $0.47 a year earlier.
  • Same-store NOI rose 4.9% in the quarter, while same-store average physical occupancy was 92.2%, down about 0.4%.
  • SmartStop agreed on September 29, 2026 to invest approximately $74.3 million CAD in Strategic Storage Canada, expected to close in Q4 2026.

The filing

CompanySmartStop Self Storage REIT, Inc. (SMA)
Form8-K, current report
Filed with the SECNov 4, 2026, 4:06 PM ET
Accession number0001585389-26-000018

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:38 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 04, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.