Filing Flows › Strategic Storage Trust VI (SGST) › Q3 2025
Strategic Storage Trust VI (SGST) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 12, 2025
Strategic Storage Trust VI (SGST) reported revenue of $7.9M for the third quarter 2025 (Q3 2025), +9% from a year earlier and +3% from the quarter before. Operating margin was -12.7%, net loss $8.3M (104.3% of revenue).
Strategic Storage Trust VI, Q3 2025: revenue $7.9M (+9% year over year), operating margin -12.7%, net loss $8.3M, operating cash flow −$18.7M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $7.9M | +3% | +9% |
| Operating profit | −$1.0M | — | — |
| Net earnings | −$8.3M | — | — |
| Operating cash flow | −$18.7M | — | — |
What changed
Revenue was $7.9M in Q3 2025, up 9% year over year and up 3% from the previous quarter.
Operating costs exceeded revenue by $1.0M, an operating margin of -12.7%. Total costs fell 7% while revenue rose 9%. The quarter ended with a net loss of $8.3M, wider than the previous quarter's $3.0M loss. Net interest and other expense of $7.3M was the main reason.
Operating cash flow was −$18.7M. Non-cash charges added back $3.2M of depreciation. Working capital and other items used $13.6M. Capital expenditures of $4.8M exceeded it, leaving free cash flow of −$23.5M.
Questions
What was Strategic Storage Trust VI's revenue in the third quarter 2025?
Strategic Storage Trust VI (SGST) reported revenue of $7.9M for the third quarter 2025 (Q3 2025), +9% from a year earlier and +3% from the quarter before.
Was Strategic Storage Trust VI profitable in the third quarter 2025?
Operating loss was $1.0M (-12.7% of revenue) and net loss $8.3M.