Filing Flows › Strategic Storage Trust VI (SGST) › Q1 2026
Strategic Storage Trust VI (SGST) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 12, 2026
Strategic Storage Trust VI (SGST) reported revenue of $7.8M for the first quarter 2026 (Q1 2026), +6% from a year earlier and +0.6% from the quarter before. Operating margin was -23.3%, net loss $8.6M (110.4% of revenue).
Strategic Storage Trust VI, Q1 2026: revenue $7.8M (+6% year over year), operating margin -23.3%, net loss $8.6M, operating cash flow $1.3M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $7.8M | +0.6% | +6% |
| Operating profit | −$1.8M | — | — |
| Net earnings | −$8.6M | — | — |
| Operating cash flow | $1.3M | +393% | — |
What changed
Revenue was $7.8M in Q1 2026, up 6% year over year and up 1% from the previous quarter.
Operating costs exceeded revenue by $1.8M, an operating margin of -23.3%. Total costs grew 6% against revenue growth of 6%. The quarter ended with a net loss of $8.6M, wider than the previous quarter's $5.5M loss. Net interest and other expense of $6.8M was the main reason.
Operating cash flow was $1.3M. Non-cash charges added back $3.3M of depreciation. Working capital and other items added $6.6M. Capital expenditures of $1.3M exceeded it, leaving free cash flow of −$86K.
Questions
What was Strategic Storage Trust VI's revenue in the first quarter 2026?
Strategic Storage Trust VI (SGST) reported revenue of $7.8M for the first quarter 2026 (Q1 2026), +6% from a year earlier and +0.6% from the quarter before.
Was Strategic Storage Trust VI profitable in the first quarter 2026?
Operating loss was $1.8M (-23.3% of revenue) and net loss $8.6M.