In Q1 FY2026 (ended March 31, 2026), National Storage Affiliates Trust reported revenue of $185.4 million, a decrease of 1.6% year-over-year. Net income rose 36.8% to $17.8 million, while operating income increased 31.7% to $28.9 million. Diluted EPS grew 60% to $0.16. Cash and cash equivalents stood at $27.6 million, and total equity was $912.8 million.
•Revenue decreased 1.6% YoY to $185.4M.
•Net income increased 36.8% to $17.8M.
•Diluted EPS rose 60% to $0.16.
•Cash and equity were $27.6M and $912.8M, respectively.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
National Storage Affiliates Trust is a real estate investment trust headquartered in Greenwood Village, Colorado, focused on the ownership, operation and acquisition of self storage properties predominantly located within the top 100 metropolitan statistical areas throughout the United States.
As of March 31, 2026, the Company held ownership interests in and operated 1,061 self storage properties, located in 37 states and Puerto Rico with approximately 69.3 million rentable square feet, excluding three properties classified as held for sale, that were sold to a third party in April 2026.
NSA is one of the largest owners and operators of self storage properties among public and private companies in the United States. National Storage Affiliates Trust was incorporated in 2013 in Maryland, USA.
What does National Storage Affiliates Trust (NSA) do?
National Storage Affiliates Trust (NSA) is a real estate investment trust (REIT) focused on the ownership, operation, and acquisition of self storage properties. As of March 31, 2026, the company held ownership interests in and operated 1,061 self storage properties across 37 states and Puerto Rico, totaling approximately 69.3 million rentable square feet. NSA is one of the largest owners and operators of self storage properties among public and private companies in the United States. The company primarily targets properties located within the top 100 metropolitan statistical areas nationwide.
Where is National Storage Affiliates Trust (NSA) listed and in which currency?
National Storage Affiliates Trust (NSA) is listed on the New York Stock Exchange (NYSE) under the ticker symbol NSA. The company's financials are reported in US Dollars (USD), reflecting its operations based in the United States. As a US-based REIT, its shares trade in USD, and dividends are typically paid in the same currency.
What sector and industry does National Storage Affiliates Trust (NSA) operate in?
National Storage Affiliates Trust (NSA) operates in the Real Estate sector, specifically within the REIT - Industrial industry. As a real estate investment trust, NSA focuses on self storage properties, which are classified under industrial REITs due to the nature of the assets. The company's business model involves owning, operating, and acquiring self storage facilities, generating revenue primarily through rental income from tenants.
Where is National Storage Affiliates Trust (NSA) headquartered and what markets does it serve?
National Storage Affiliates Trust (NSA) is headquartered in Greenwood Village, Colorado, United States. The company serves markets across the United States and Puerto Rico, with its self storage properties located in 37 states. NSA targets properties within the top 100 metropolitan statistical areas, focusing on high-demand urban and suburban locations. As of March 31, 2026, the company operated 1,061 properties, making it one of the largest self storage operators in the country.
How does National Storage Affiliates Trust (NSA) make money?
National Storage Affiliates Trust (NSA) generates revenue primarily through the rental of self storage units to individuals and businesses. As a REIT, the company owns and operates self storage properties, collecting monthly rent from tenants. NSA also acquires existing self storage facilities to expand its portfolio. As of March 31, 2026, the company had ownership interests in 1,061 properties with approximately 69.3 million rentable square feet. Revenue is driven by occupancy rates, rental rates, and ancillary fees such as late payments or insurance. The company's scale and geographic diversification help stabilize cash flows.