SmartStop Q2 net income $11.2M, FFOa per share $0.49; raises 2026 guidance

SmartStop Self Storage REIT, Inc.

Net income attributable to common stockholders $11.2M ($0.20 EPS) vs. loss of $8.4M in Q2 2025.
FFO as adjusted per diluted share $0.49, up 16.7% YoY from $0.42.
Same-store NOI increased 3.7% YoY; same-store operating margins improved to 67.3%.
Acquired three self storage facilities in Spartanburg, SC for $29.7M; closed $16.3M preferred investment.
Company increased 2026 same-store NOI and FFOa per share guidance.

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