SmartStop Self Storage REIT, Inc.
For the period ended Dec 31, 2025. Filed Feb 27, 2026.
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FY2025 · Filed Feb 27, 2026
SMA$38.63-2.7%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Equity and Temporary Equity
| Common Stock | ||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Class A · Class T | ||||||||||||||||||||||||
| Numberof Shares · CommonStockPar Value · Numberof Shares · CommonStockPar Value · AdditionalPaid-inCapital · Distributions · AccumulatedDeficit · AccumulatedOtherComprehensiveIncome (Loss) · TotalSmartStop Self Storage REIT, Inc. Equity · NoncontrollingInterests · TotalEquity · PreferredStock · RedeemableCommonStock | ||||||||||||||||||||||||
| Balance as of December 31, 2022 | 22,213,364 | $89 | 2,021,388 | $8 | $894,284 | $(266,152) | $(164,524) | $3,655 | $467,360 | $94,460 | $561,820 | $196,356 | $76,578 | |||||||||||
| Offering costs | — | — | — | — | (10) | — | — | — | (10) | — | (10) | — | — | |||||||||||
| Tax withholding (net settlement) related to vesting of restricted stock | (4,356) | — | — | — | (247) | — | — | — | (247) | — | (247) | — | — | |||||||||||
| Changes to redeemable common stock | — | — | — | — | (17,636) | — | — | — | (17,636) | — | (17,636) | — | 17,636 | |||||||||||
| Redemptions of common stock | (290,071) | (1) | (22,096) | — | — | — | — | — | (1) | — | (1) | — | (22,937) | |||||||||||
| Issuance of restricted stock, net of forfeitures | 10,642 | — | — | — | — | — | — | — | — | — | — | — | — | |||||||||||
| Distributions ($2.40 per share) | — | — | — | — | (58,039) | — | — | (58,039) | — | (58,039) | — | — | ||||||||||||
| Distributions to noncontrolling interests in our Operating Partnership | — | — | — | — | — | — | — | — | — | (8,298) | (8,298) | — | — | |||||||||||
| Distributions to other noncontrolling interests | — | — | — | — | — | — | — | — | — | (588) | (588) | — | — | |||||||||||
| Issuance of shares for distribution reinvestment plan | 260,705 | 1 | 29,165 | — | 17,635 | — | — | — | 17,636 | — | 17,636 | — | — | |||||||||||
| Equity based compensation expense | — | — | — | — | 831 | — | — | — | 831 | 4,427 | 5,258 | — | — | |||||||||||
| Net income attributable to SmartStop Self Storage REIT, Inc. common stockholders | — | — | — | — | — | — | (2,746) | — | (2,746) | — | (2,746) | — | — | |||||||||||
| Net income attributable to the noncontrolling interests in our Operating Partnership | — | — | — | — | — | — | — | — | — | 1,314 | 1,314 | — | — | |||||||||||
| Net income attributable to other noncontrolling interests | — | — | — | — | — | — | — | — | — | 579 | 579 | — | — | |||||||||||
| Foreign currency translation adjustment | — | — | — | — | — | — | — | 1,307 | 1,307 | 174 | 1,481 | — | — | |||||||||||
| Foreign currency hedge contract loss | — | — | — | — | — | — | — | (941) | (941) | (125) | (1,066) | — | — | |||||||||||
| Interest rate hedge contract loss | — | — | — | — | — | — | — | (3,174) | (3,174) | (420) | (3,594) | — | — | |||||||||||
| Balance as of December 31, 2023 | 22,190,284 | $89 | 2,028,457 | $8 | $894,857 | $(324,191) | $(167,270) | $847 | $404,340 | $91,523 | $495,863 | $196,356 | $71,277 | |||||||||||
| Common Stock | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Class A · Class T | |||||||||||||
| Numberof Shares | CommonStockPar Value | Numberof Shares | CommonStockPar Value | AdditionalPaid-inCapital | Distributions | AccumulatedDeficit | AccumulatedOtherComprehensiveIncome (Loss) | TotalSmartStop Self Storage REIT, Inc. Equity | NoncontrollingInterests | TotalEquity | PreferredStock | RedeemableCommonStock | |
| Balance as of December 31, 2023 | 22,190,284 | $89 | 2,028,457 | $8 | $894,857 | $(324,191) | $(167,270) | $847 | $404,340 | $91,523 | $495,863 | $196,356 | $71,277 |
| Offering costs | — | — | — | — | (144) | — | — | — | (144) | — | (144) | — | — |
| Tax withholding (net settlement) related to vesting of restricted stock | (3,829) | — | — | — | (219) | — | — | — | (219) | — | (219) | — | — |
| Changes to redeemable common stock | — | — | — | — | (20,667) | — | — | — | (20,667) | — | (20,667) | — | 20,667 |
| Issuance of noncontrolling interest in SST VI advisor | — | — | — | — | — | — | — | — | — | 330 | 330 | — | — |
| Redemptions of common stock | (529,936) | (2) | (24,929) | — | — | — | — | — | (2) | — | (2) | — | (29,902) |
| Issuance of restricted stock, net of forfeitures | 10,163 | 1 | — | — | — | — | — | — | 1 | — | 1 | — | — |
| Distributions ($2.40 per share) | — | — | — | — | — | (57,969) | — | — | (57,969) | — | (57,969) | — | — |
| Distributions to noncontrolling interests in our Operating Partnership | — | — | — | — | — | — | — | — | — | (8,529) | (8,529) | — | — |
| Distributions to other noncontrolling interests | — | — | — | — | — | — | — | — | — | (492) | (492) | — | — |
| Issuance of shares for distribution reinvestment plan | 304,135 | 1 | 34,938 | — | 20,666 | — | — | — | 20,667 | — | 20,667 | — | — |
| Equity based compensation expense | — | — | — | — | 625 | — | — | — | 625 | 4,633 | 5,258 | — | — |
| Net loss attributable to SmartStop Self Storage REIT, Inc. common stockholders | — | — | — | — | — | — | (18,379) | — | (18,379) | — | (18,379) | — | — |
| Net loss attributable to the noncontrolling interests in our Operating Partnership | — | — | — | — | — | — | — | — | — | (773) | (773) | — | — |
| Net income attributable to other noncontrolling interests | — | — | — | — | — | — | — | — | — | 507 | 507 | — | — |
| Foreign currency translation adjustment | — | — | — | — | — | — | — | (3,444) | (3,444) | (471) | (3,915) | — | — |
| Foreign currency hedge contract gain | — | — | — | — | — | — | — | 3,182 | 3,182 | 435 | 3,617 | — | — |
| Interest rate hedge contract loss | — | — | — | — | — | — | — | (2,293) | (2,293) | (313) | (2,606) | — | — |
| Balance as of December 31, 2024 | 21,970,817 | $89 | 2,038,466 | $8 | $895,118 | $(382,160) | $(185,649) | $(1,708) | $325,698 | $86,850 | $412,548 | $196,356 | $62,042 |
| Common Stock | |||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock · Class A · Class T | |||||||||||||||
| Numberof Shares | CommonStockPar Value | Numberof Shares | CommonStockPar Value | Numberof Shares | CommonStockPar Value | AdditionalPaid-inCapital | Distributions | AccumulatedDeficit | AccumulatedOtherComprehensiveIncome (Loss) | TotalSmartStop Self Storage REIT, Inc. Equity | NoncontrollingInterests | TotalEquity | PreferredStock | RedeemableCommonStock | |
| Balance as of December 31, 2024 | — | $— | 21,970,817 | $89 | 2,038,466 | $8 | $895,118 | $(382,160) | $(185,649) | $(1,708) | $325,698 | $86,850 | $412,548 | $196,356 | $62,042 |
| Issuance of shares in Underwritten Public Offering | 31,050,000 | 31 | — | — | — | — | 931,469 | — | — | — | 931,500 | — | 931,500 | — | — |
| Offering costs of Underwritten Public Offering | — | — | — | — | — | — | (57,637) | — | — | — | (57,637) | — | (57,637) | — | — |
| Par value adjustment due to Reverse Stock Split | — | — | — | (67) | — | (6) | 73 | — | — | — | — | — | — | — | — |
| Issuance of restricted stock, net of forfeitures | (5,233) | — | 334,162 | — | — | — | — | — | — | — | — | — | — | — | — |
| Issuance of shares for distribution reinvestment plan | — | — | 50,911 | — | 5,680 | — | 3,452 | — | — | — | 3,452 | — | 3,452 | — | — |
| Tax withholding (net settlement redemption) related to vesting of restricted stock | (74,064) | — | (3,362) | — | — | — | (3,042) | — | — | — | (3,042) | — | (3,042) | — | — |
| Fractional share redemption | — | — | (7,158) | — | (969) | — | (290) | — | — | — | (290) | — | (290) | — | — |
| Conversion of Class A and Class T Common Stock | 24,388,547 | 24 | (22,345,370) | (22) | (2,043,177) | (2) | — | — | — | — | — | — | — | — | — |
| Issuance of Operating Partnership units in connection with the Third Party Platform Acquisition | — | — | — | — | — | — | — | — | — | — | — | 11,858 | 11,858 | — | — |
| Changes to redeemable common stock | — | — | — | — | — | — | 62,042 | — | — | — | 62,042 | — | 62,042 | — | (62,042) |
| Distributions ($1.80 per share) | — | — | — | — | — | — | — | (81,005) | — | — | (81,005) | — | (81,005) | — | — |
| Distributions to noncontrolling interests in our Operating Partnership | — | — | — | — | — | — | — | — | — | — | — | (7,325) | (7,325) | — | — |
| Distributions to other noncontrolling interests | — | — | — | — | — | — | — | — | — | — | — | (365) | (365) | — | — |
| Equity based compensation expense | — | — | — | — | — | — | 7,473 | — | — | — | 7,473 | 9,150 | 16,623 | — | — |
| Repurchase of noncontrolling interest in SST VI advisor | — | — | — | — | — | — | (1,530) | — | — | — | (1,530) | (320) | (1,850) | — | — |
| Repurchase of noncontrolling interest in our Operating Partnership | — | — | — | — | — | — | 66 | — | — | — | 66 | (297) | (231) | — | — |
| Redemption of Series A Convertible Preferred Stock | — | — | — | — | — | — | — | — | — | — | — | — | — | (196,356) | — |
| Net loss attributable to SmartStop Self Storage REIT, Inc. common stockholders | — | — | — | — | — | — | — | — | (8,758) | — | (8,758) | — | (8,758) | — | — |
| Net loss attributable to the noncontrolling interests in our Operating Partnership | — | — | — | — | — | — | — | — | — | — | — | (495) | (495) | — | — |
| Net income attributable to other noncontrolling interests | — | — | — | — | — | — | — | — | — | — | — | 305 | 305 | — | — |
| Foreign currency translation adjustment | — | — | — | — | — | — | — | — | — | 1,393 | 1,393 | 91 | 1,484 | — | — |
| Foreign currency hedge contract loss | — | — | — | — | — | — | — | — | — | (476) | (476) | (22) | (498) | — | — |
| Interest rate hedge contract gain | — | — | — | — | — | — | — | — | — | 1,524 | 1,524 | 83 | 1,607 | — | — |
| Balance as of December 31, 2025 | 55,359,250 | $55 | — | $— | — | $— | $1,837,194 | $(463,165) | $(194,407) | $733 | $1,180,410 | $99,513 | $1,279,923 | $— | $— |
SMARTSTOP SELF STORAGE REIT, Inc. AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF CASH FLOWS
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.