Business
Global Self Storage Reports Full Year 2025 Results
Record Total Revenues, Same-Store Revenues and Net Operating Income with Sector-Leading Occupancy Driven by Continued Operational Excellence MILLBROOK, NY /
About this update from Global Self Storage, Inc.
Record Total Revenues, Same-Store Revenues and Net Operating Income with Sector-Leading Occupancy Driven by Continued Operational Excellence MILLBROOK, NY / ACCESS Newswire / March 25, 2026 / Global Self Storage, Inc. (NASDAQ:SELF), a real estate investment trust that owns, operates, manages, acquires, and redevelops self-storage properties,reported results for the fourth quarter and full year ended December 31, 2025. All comparisons are to the same year-ago period unless otherwise noted.Q4 2025 HighlightsTotal revenues decreased 0.9% to $3.2 million.Net income increased to $323,000 or $0.03 per diluted share from $84,000 or $0.01 per diluted share.Same-store revenues decreased 0.9% to $3.1 million.Same-store cost of operations increased 4.5% to $1.2 million.Same-store net operating income (NOI)decreased 4.1% to $1.9 million (see definition of this and other non-GAAP measures and their reconciliation to GAAP, below).Same-store occupancy at December 31, 2025 increased 10 basis points to a sector-leading 93.0% from 92.9% at December 31, 2024.Same-store average tenant duration of stay at December 31, 2025 maintained record-level of approximately 3.5 years, and increased compared to approximately 3.4 years at December 31, 2024.Funds from operations (FFO), a non-GAAP measure, decreased from $1.1 million to $1.0 million or $0.08 per diluted share.Adjusted FFO (AFFO), a non-GAAP measure, decreased from $1.2 million to $1.1 million or $0.09 per diluted share.Maintained and covered quarterly dividend of $0.0725 per common share.Capital resources at December 31, 2025 totaled approximately $24.5 million, comprised of $7.5 million in cash, cash equivalents and restricted cash; $2.3 million in marketable securities; and $14.7 million available under the company's revolving credit facility.Full Year 2025 HighlightsTotal revenues increased 1.4% to a record $12.7 million.Net income decreased to $2.0 million or $0.18 per diluted share from $2.1 million or $0.19 per diluted share.Same-store revenues increased 1.4% to a record $12.6 million.Same-store cost of operations increased 2.6% to $4.9 million.Same-store NOI increased 0.6% to a record $7.8 million.FFO increased 2.7% to $4.0 million or $0.36 per diluted share.AFFO increased 3.4% to $4.4 million or $0.39 per diluted share.Maintained and covered four quarterly dividends totaling $0.29 per common share.DividendOn March 2...
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