Q1 net income falls 14% to $477k; same-store NOI -3.9%; occupancy hits 93.1% sector high

Global Self Storage, Inc.

2026-Q1 EPS reported $0.04 revenue$3,173,754

Total revenues +1.5% to $3.2M; net income $477k ($0.04/diluted) vs $555k ($0.05) year ago.
Same-store NOI decreased 3.9% to $1.8M; cost of operations +10% on higher employment costs and property taxes.
Same-store occupancy improved 100 bps to 93.1% (sector-leading); tenant duration of stay record 3.6 years.
FFO down 12.6% to $853k ($0.08/sh); AFFO down 11% to $958k ($0.08/sh) from $1.1M ($0.10) prior.
Quarterly dividend maintained at $0.0725/sh ($0.29 annualized); capital resources $24.5M cash $7.4M.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Global Self Storage, Inc. reported first quarter ended March 31, 2026 results: revenue $3.2 million, net income $477,000 or $0.04 per diluted share, EPS $0.04 per diluted share.

Period: first quarter ended March 31, 2026
Revenue: $3.2 million
Net income: $477,000 or $0.04 per diluted share
EPS: $0.04 per diluted share
Result: reported results

Exact text from the filing

results for the first quarter ended March 31, 2026. All comparisons are to the same year-ago period unless otherwise noted. Q1 2026 Highlights • Total revenues increased 1.5% to $3.2 million. • Net income decreased to $477,000 or $0.04 per diluted share. • Same-store revenues increased 1.5% to $3.2 million. • Same-store cost of operations increased 10% to $1.3

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Source: SEC EDGAR

accession 0001193125-26-214631

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