earnings
confidence high
sentiment neutral
materiality 0.50
Global Self Storage Q2 net income up 24.9% to $830K; same-store NOI down 3.8%
Global Self Storage, Inc.
2026-Q2 EPS reported
$0.11
revenue$6,388,196
- Q2 revenue $3.2M (+0.6% YoY); net income $830K ($0.07 diluted EPS) vs $664K ($0.06) year-ago.
- Same-store NOI fell 3.8% to $1.9M as costs rose 8.1% (employment, property taxes); occupancy flat at 94.7%.
- FFO down 10.7% to $978K ($0.09/diluted); AFFO down 8.9% to $1.1M ($0.09/diluted).
- Dividend maintained at $0.0725/share quarterly ($0.29 annualized); capital resources $24.9M.
- CEO cites AI call center, QR code rentals, and Lima OH conversion to 2,400 sq ft; tenant stay record 3.6 years.