SmartStop reports 17.6% FFO/share growth, unveils Deca Initiative growth strategy

Filed August 13, 2026 · Period ending August 13, 2026 · ~1 min read

Key Changes

• high

  FFO as adjusted per share grew 17.6% year-over-year in Q2 2026, described as sector-leading growth outpacing self-storage peers.

  Exhibit 99.1 view on EDGAR →
• high

  Same-store NOI increased 3.7% year-over-year in Q2 2026, driven by higher occupancy and rental rates in stabilized properties.

  Exhibit 99.1 view on EDGAR →
• high

  Same-store operating margins expanded 150 basis points to 67.3%, though still ~500 bps below large-cap peers, representing upside opportunity.

  Exhibit 99.1 view on EDGAR →