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Global Self Storage (SELF) Q1 2025 earnings results (first quarter 2025)

10-Q filed May 9, 2025

Global Self Storage (SELF) reported revenue of $3.1M for the first quarter 2025 (Q1 2025), +3% from a year earlier and -2% from the quarter before. Operating margin was 23.1%, net earnings $555K (17.8% of revenue).

Revenue$3.1M
Year over year+3%
Quarter over quarter-2%
Operating margin23.1%
Net earnings$555K

Global Self Storage, Q1 2025: revenue $3.1M (+3% year over year), operating margin 23.1%, net earnings $555K, operating cash flow $1.1M. The chart follows the revenue to costs, profit and cash.

Q1 2025AmountQ/QY/Y
Revenue$3.1M-2%+3%
Operating profit$724K-9%+22%
Net earnings$555K+558%+109%
Operating cash flow$1.1M-15%+34%

What changed

Revenue was $3.1M in Q1 2025, up 3% year over year and down 2% from the previous quarter.

Operating profit was $724K, a 23.1% margin (up 3.7 points year over year). Of the extra revenue versus a year earlier, 144% reached operating profit, above the 19% margin then. Total costs fell 2% while revenue rose 3%. Net earnings were $555K, up 109% year over year. The effective tax rate was 0.0%.

Operating cash flow was $1.1M (up 34% year over year), 193% of net earnings. Non-cash charges added back $407K of depreciation and amortization and $101K of share-based compensation.

Questions

What was Global Self Storage's revenue in the first quarter 2025?

Global Self Storage (SELF) reported revenue of $3.1M for the first quarter 2025 (Q1 2025), +3% from a year earlier and -2% from the quarter before.

Was Global Self Storage profitable in the first quarter 2025?

Operating profit was $724K (23.1% of revenue) and net earnings $555K.

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Source: Global Self Storage 10-Q on SEC EDGAR.