SmartStop Q3 net income $5.2M vs loss; same-store NOI +1.5%; $200M CAD bond; Argus deal

SmartStop Self Storage REIT, Inc.

2025-Q3 EPS reported -$0.27 vs consensus $0.09 ▼ miss (-403.7%)

Q3 net income $5.2M vs -$6.2M YoY; EPS $0.09 vs -$0.26; revenue $64.6M, up $9.2M.
Same-store revenue +2.5%, NOI +1.5%, occupancy 92.6%; rent per sq ft $20.35.
FFO as adjusted per share $0.47, up $0.05 YoY; nine-month FFO as adjusted $63.0M.
Closed $200M CAD 3.89% Maple Bond due 2030; acquired Argus management for $21.1M upfront.
Bought five Canada self-storage for $70.3M and two US properties for ~$30.6M.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.