NSA Q1 2025 Earnings — National Storage Affiliates Trust Revenue & Financial Results | Market Cap Arena

NSANational Storage Affiliates Trust

$3B

Q1 2025 Earnings

Real Estate REIT - Industrial

Income Statement

Revenue

$188M-4.0% YoY

Gross Profit

$133M70.7% margin

Operating Income

$68M35.8% margin

Net Income

$13M6.9% margin

EPS (Diluted)

$0.10

QoQ Revenue Growth

-0.9%

Cash Flow

Operating Cash Flow

$86M

Free Cash Flow

$80M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$5.3B

Total Liabilities

$3.6B

Stockholders' Equity

$1.0B

Cash & Equivalents

$19M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$188M	$196M	-4.0%
Gross Profit	$133M	$141M	-5.8%
Operating Income	$68M	$75M	-9.9%
Net Income	$13M	$59M	-78.0%

Revenue Segments

Tenant Warranty Protection

$7M40%

Tenant Insurance And Protection Plan Fees And Commissions

$6M32%

Property Management, Call Center, And Platform Fees

$5M26%

Retail Products And Supplies

$400,0002%