SmartStop Self Storage REIT Operating Expenses Growth & History (SMA)
SmartStop Self Storage REIT's operating expenses was $222.3M for fiscal 2025.
View full SmartStop Self Storage REIT company overviewSmartStop Self Storage REIT annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $222.3M | $54.5M | +32.51% |
| 2024 | 2024-12-31 | $167.8M | $5.4M | +3.34% |
| 2023 | 2023-12-31 | $162.4M | $161.0M | +11528.25% |
| 2022 | 2022-12-31 | $1.4M | −$151.0M | −99.08% |
| 2021 | 2021-12-31 | $152.4M | $7.3M | +5.01% |
| 2020 | 2020-12-31 | $145.2M | — | — |
| 2018 | 2018-12-31 | $64.3M | −$8.3M | −11.41% |
| 2017 | 2017-12-31 | $72.5M | $12.2M | +20.21% |
| 2016 | 2016-12-31 | $60.3M | $37.4M | +162.55% |
| 2015 | 2015-12-31 | $23.0M | $20.3M | +744.26% |
| 2014 | 2014-12-31 | $2.7M | $2.7M | — |
| 2013 | 2013-12-31 | $0 | — | — |
SmartStop Self Storage REIT quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $29.8M | −$26.8M | −47.36% |
| Q1 2026 | 2026-03-31 | $28.7M | −$19.6M | −40.56% |
| Q4 2025 | 2025-12-31 | $59.9M | $17.1M | +39.99% |
| Q3 2025 | 2025-09-30 | $57.7M | $15.2M | +35.79% |
| Q2 2025 | 2025-06-30 | $56.6M | $15.1M | +36.32% |
| Q1 2025 | 2025-03-31 | $48.2M | $7.2M | +17.47% |
| Q4 2024 | 2024-12-31 | $42.8M | $2.2M | +5.45% |
| Q3 2024 | 2024-09-30 | $42.5M | $1.9M | +4.66% |
| Q2 2024 | 2024-06-30 | $41.5M | $505,000 | +1.23% |
| Q1 2024 | 2024-03-31 | $41.0M | $807,610 | +2.01% |
| Q4 2023 | 2023-12-31 | $40.6M | — | — |
| Q3 2023 | 2023-09-30 | $40.6M | −$3.0M | −6.86% |
| Q2 2023 | 2023-06-30 | $41.0M | — | — |
| Q1 2023 | 2023-03-31 | $40.2M | $3.8M | +10.48% |
| Q3 2022 | 2022-09-30 | $43.6M | $8.8M | +25.31% |
| Q1 2022 | 2022-03-31 | $36.4M | −$834,369 | −2.24% |
| Q3 2021 | 2021-09-30 | $34.8M | $7.8M | +28.77% |
| Q1 2021 | 2021-03-31 | $37.3M | −$24.1M | −39.30% |
| Q4 2020 | 2020-12-31 | $29.3M | — | — |
| Q3 2020 | 2020-09-30 | $27.0M | −$781,349 | −2.81% |
| Q2 2020 | 2020-06-30 | $27.5M | $2.3M | +9.06% |
| Q1 2020 | 2020-03-31 | $61.4M | $39.4M | +179.78% |
| Q3 2019 | 2019-09-30 | $27.8M | $11.9M | +75.38% |
| Q2 2019 | 2019-06-30 | $25.2M | $8.6M | +51.82% |
| Q1 2019 | 2019-03-31 | $21.9M | $12.3M | +127.77% |
| Q4 2018 | 2018-12-31 | $15.8M | −$1.2M | −6.96% |
| Q3 2018 | 2018-09-30 | $15.8M | $3.2M | +25.62% |
| Q2 2018 | 2018-06-30 | $16.6M | $4.6M | +38.57% |
| Q1 2018 | 2018-03-31 | $9.6M | −$8.6M | −47.26% |
| Q4 2017 | 2017-12-31 | $17.0M | $1.2M | +7.33% |
| Q3 2017 | 2017-09-30 | $12.6M | −$3.1M | −19.97% |
| Q2 2017 | 2017-06-30 | $12.0M | −$6.7M | −35.95% |
| Q1 2017 | 2017-03-31 | $18.3M | $8.2M | +81.71% |
| Q4 2016 | 2016-12-31 | $15.8M | $10.4M | +190.23% |
| Q3 2016 | 2016-09-30 | $15.8M | $9.8M | +163.03% |
| Q2 2016 | 2016-06-30 | $18.7M | $13.1M | +233.30% |
| Q1 2016 | 2016-03-31 | $10.0M | $4.1M | +69.58% |
| Q4 2015 | 2015-12-31 | $5.5M | $4.1M | +301.99% |
| Q3 2015 | 2015-09-30 | $6.0M | $5.5M | +1101.84% |
| Q2 2015 | 2015-06-30 | $5.6M | $4.7M | +547.43% |
| Q1 2015 | 2015-03-31 | $5.9M | $5.9M | — |
| Q4 2014 | 2014-12-31 | $1.4M | — | — |
| Q3 2014 | 2014-09-30 | $498,335 | $498,335 | — |
| Q2 2014 | 2014-06-30 | $866,991 | $866,991 | — |
| Q1 2014 | 2014-03-31 | $0 | — | — |
| Q3 2013 | 2013-09-30 | $0 | — | — |
| Q2 2013 | 2013-06-30 | $0 | — | — |
SmartStop Self Storage REIT operating expenses trends
Over the last five fiscal years, SmartStop Self Storage REIT's operating expenses increased from $145.2M to $222.3M, a change of $77.2M. The latest reported quarter, Q2 2026, shows $29.8M.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review SmartStop Self Storage REIT source filings ↗