What are National Storage Affiliates's profit margins?

Gross margin is 71.4% and operating margin is 30.7%, with a 10.5% net margin.

Where does National Storage Affiliates's income statement data come from?

Every line is extracted from National Storage Affiliates's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.

National Storage Affiliates NSA Income Statement

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	TTM Q1 '26	TTM Q4 '25	TTM Q3 '25	TTM Q2 '25	TTM Q1 '25
Total revenue	$749.98M-1.6%	$752.93M-2.3%	$756.02M-5.0%	$760.94M-7.3%	$762.54M-9.9%
Rental income	$677.23M-1.8%	$678.49M-3.1%	$680.25M-6.5%	$684.81M-9.3%	$689.34M-11.6%
Total cost of revenue	$214.48M+1.0%	$217.55M+2.7%	$218.32M+0.9%	$215.69M-3.0%	$212.26M-6.6%
Gross profit	$535.5M-2.7%	$535.38M-4.1%	$537.69M-7.2%	$545.25M-9.0%	$550.28M-11.1%
Gross margin	71.4%-0.8pp	71.1%-1.4pp	71.1%-1.7pp	71.7%-1.3pp	72.2%-1.0pp
General and administrative	$51.22M-7.0%	$51.13M-11.2%	$50.04M-16.5%	$51.69M-16.5%	$55.08M-8.4%
Depreciation and amortization	$187.34M-1.7%	$189.32M-0.3%	$190.77M-2.5%	$191.54M-6.0%	$190.64M-10.9%
Acquisition and integration costs	$5.09M-8.4%	$6.72M+85.9%	$7.39M+210%	$7.11M+355%	$5.55M+320%
Other operating expenses	$14.91M+0.4%	$16.29M+17.5%	$16.43M+25.6%	$15.98M+17.6%	$14.85M+10.6%
Total costs & expenses	$467.95M-1.0%	$474.29M+0.2%	$475.56M-2.0%	$474.9M-5.3%	$472.83M-8.1%
Interest expense	$161.23M+2.9%	$162.45M+5.3%	$161.63M+0.8%	$160.66M-1.9%	$156.62M-5.8%
Other income (expense), net	-$155.13M+12.9%	-$159.27M-44.6%	-$171.24M—	-$176.08M—	-$178.01M—
Income from equity method investments	——	——	-$14.51M-66.6%	-$19.68M-853%	-$20.18M-575%
Gain (loss) on disposal of assets	$21.33M+421%	$16.29M-74.5%	$11M-91.4%	$11M-91.4%	$4.09M-96.7%
Income before income taxes	$126.9M+13.6%	$119.38M-36.2%	$109.21M-59.0%	$109.96M-60.7%	$111.7M-61.9%
Income tax expense	$2.46M-38.5%	$3.1M-17.7%	$3.59M—	$3.58M—	$4M—
Net income	$78.57M+20.0%	$73.78M-33.8%	$67.62M-58.7%	$67.89M-61.1%	$65.49M-64.9%
Net margin	10.5%+1.9pp	9.8%-4.7pp	8.9%-11.6pp	8.9%-12.3pp	8.6%-13.5pp
Preferred stock dividends	$20.5M+0.3%	$20.46M+0.1%	$20.46M+0.1%	$20.45M+0.1%	$20.45M0.0%
Diluted earnings per share	$0.75+27.1%	$0.69-39.5%	$0.61-64.1%	$0.62-65.2%	$0.59-68.9%
Basic earnings per share	$0.75+27.1%	$0.69-40.5%	$0.61-65.3%	$0.62-66.7%	$0.59-70.2%
Weighted-average shares, diluted	307M+0.9%	306.2M-16.3%	306.4M-29.6%	305.5M-39.6%	304.1M-41.4%
Weighted-average shares, basic	307M+0.9%	306.2M-0.6%	306.4M-3.6%	305.5M-7.2%	304.1M-11.2%
Business Combination, Integration-Related Cost, Expense	——	——	——	——	——
Dividends declared (in dollars per share)	——	——	——	——	——
Gain (Loss) on Disposition of Assets	$21.33M+421%	$16.29M-74.5%	$11M-91.4%	$11M-91.4%	$4.09M-96.7%
Lease income — operating leases	$677.23M-1.8%	$678.49M-3.1%	$680.25M-6.5%	$684.81M-9.3%	$689.34M-11.6%
Other income, net (Note 6)	——	——	——	——	——
EBITDA	$475.47M+3.6%	$471.14M-11.3%	$461.61M-25.8%	$462.16M-28.6%	$458.96M-31.8%
EBITDA margin	63.4%+3.2pp	62.6%-6.4pp	61.1%-17.2pp	60.7%-18.1pp	60.2%-19.4pp
EBIT	$288.12M+7.4%	$281.82M-17.4%	$270.85M-36.5%	$270.62M-39.0%	$268.32M-41.6%

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Questions, answered.

What are National Storage Affiliates's profit margins?: Gross margin is 71.4% and operating margin is 30.7%, with a 10.5% net margin.
Where does National Storage Affiliates's income statement data come from?: Every line is extracted from National Storage Affiliates's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.