SELF

MILLBROOK, NY / ACCESS Newswire / September 1, 2026 / Global Self Storage, Inc. (NASDAQ:SELF), a real estate investment trust that owns, operates, manages, acquires, and redevelops self-storage properties, has declared a cash dividend of $0.0725 per common share for the third quarter of 2026. The dividend is payable on September 30, 2026, to stockholders of record as of September 16, 2026. Company Objective The objective of the company is to increase value over time for the benefit of its stockholders. Toward this end, the company will continue to execute its strategic business plan, which includes funding acquisitions, either directly or through joint ventures, and expansion projects at its existing properties. The company's board of directors regularly reviews the strategic business plan, with emphasis on capital formation, debt versus equity ratios, dividend policy, use of capital and debt, FFO and AFFO performance, and optimal cash levels. The management of Global Self Storage believes that the company's continued operational performance and capital resources position it well to continue executing its strategic business plan. About Global Self Storage Global Self Storage is a self-administered and self-managed REIT that owns, operates, manages, acquires, and redevelops self-storage properties. The company's self-storage properties are designed to offer affordable, easily accessible and secure storage space for residential and commercial customers. Through its wholly owned subsidiaries, the company owns and/or manages 13 self-storage properties in Connecticut, Illinois, Indiana, New York, Ohio, Pennsylvania, South Carolina, and Oklahoma. For more information, go to ir.globalselfstorage.us or visit the company's customer site at www.globalselfstorage.us. You can also follow Global Self Storage on X, LinkedIn and Facebook. Cautionary Note Regarding Forward Looking Statements Certain information presented in this press release may contain "forward-looking statements" within the meaning of the federal securities laws including, but not limited to, the Private Securities Litigation Reform Act of 1995. Forward looking statements include statements concerning the company's plans, objectives, goals, strategies, future events, future revenues or performance, capital expenditures, financing needs, plans or intentions, and other information that is not historical information. In some cases, forward looking statements can be identified by terminology such as "believes," "plans," "intends," "expects," "estimates," "may," "will," "should," "anticipates," or the negative of such terms or other comparable terminology, or by discussions of strategy. All forward-looking statements by the company involve known and unknown risks, uncertainties and other factors, many of which are beyond the control of the company, which may cause the company's actual results to be materially different from those expressed or implied by such statements. The company may also make additional forward looking statements from time to time. All such subsequent forward-looking statements, whether written or oral, by the company or on its behalf, are also expressly qualified by these cautionary statements. Investors should carefully consider the risks, uncertainties, and other factors, together with all of the other information included in the company's filings with the Securities and Exchange Commission, and similar information. All forward-looking statements, including without limitation, the company's examination of historical operating trends and estimates of future earnings, are based upon the company's current expectations and various assumptions. The company's expectations, beliefs and projections are expressed in good faith, but there can be no assurance that the company's expectations, beliefs and projections will result or be achieved. All forward looking statements apply only as of the date made. The company undertakes no obligation to publicly update or revise forward looking statements which may be made to reflect events or circumstances after the date made or to reflect the occurrence of unanticipated events. The amount, nature, and/or frequency of dividends paid by the company may be changed at any time without notice. Company Contact:Global Self Storage, Inc.Email Contact Investor Relations Contact:Ron BothEncore Investor RelationsEmail Contact SOURCE: Global Self Storage View the original press release on ACCESS Newswire

Shares of Global Self Storage, Inc. SELF have lost 2.8% since the company reported its earnings for the quarter ended June 30, 2026. This compares with the S&P 500 Index’s 0.2% gain over the same time frame. Over the past month, the stock has lost 0.4% against the S&P 500’s 2.1% gain. Global Self Storage reported second-quarter 2026 revenues of $3.2 million, up 0.6% year over year, primarily reflecting higher existing-tenant rates under its proprietary revenue rate management program. Net income increased 24.9% to $0.8 million from $0.6 million, while diluted earnings per share rose to $0.07 from $0.06. Rental income increased 0.8% to $3.09 million from $3.06 million, while other property-related income declined 4.8% to $107,563 from $113,008. SELF operates a single segment, rental operations, comprising its stabilized same-store portfolio. Same-store revenues increased 0.6% to $3.2 million, but an 8.1% increase in same-store operating costs to $1.3 million drove same-store net operating income (NOI) down 3.8% to $1.9 million. Same-store occupancy stood at 94.7% as of June 30, unchanged from a year earlier, while average tenant duration of stay increased to a record-level of approximately 3.6 years from 3.4 years. Annualized revenue per leased square foot increased 0.7% to $16.29 from $16.17. Funds from operations (FFO) declined 10.7% to $0.9 million, or $0.09 per diluted share, from $1.1 million, or $0.10 per share. Adjusted FFO fell 8.9% to $1.1 million, or $0.09 per diluted share, from $1.2 million, or $0.10 per share. Liquidity remained substantial relative to SELF’s scale. Capital resources totaled approximately $24.9 million as of June 30, including $7.5 million of cash, cash equivalents and restricted cash, $2.6 million of marketable securities and $14.8 million available under its revolving credit facility. SELF maintained its quarterly dividend at $0.0725 per common share, equivalent to an annualized rate of $0.29. Global Self Storage, Inc. price-consensus-eps-surprise-chart | Global Self Storage, Inc. Quote CEO and President Mark C. Winmill attributed operating performance partly to customer service, digital marketing and revenue-management initiatives. During the quarter, Global Self Storage completed its transition from a live-agent call center to an AI-based virtual-agent call center and began replacing kiosks with a QR code-based quick-access rental page. Management also cited referral and word-of-mouth demand, customer reviews averaging above 4.9 out of 5 stars, competitor move-in-rate analysis and increases in existing-tenant rates as factors supporting occupancy and revenues. The divergence between modest revenue growth and lower operating profitability reflected higher costs. Total operating expenses increased 6.6% to $2.5 million from $2.4 million, contributing to a 16.3% decline in operating income to $0.7 million from $0.8 million. Same-store operating expenses increased primarily because of higher employment costs and real estate property taxes. General and administrative costs also increased 6.7%, including employment costs and one-time professional fees related to the amendment and restatement of the equity incentive plan. Net income benefited from a $266,394 unrealized gain on marketable equity securities against a $23,447 unrealized loss a year earlier. Global Self Storage did not provide specific revenue, earnings or FFO guidance. Management expects employment-cost growth to return to lower historical levels and continues to appeal property-tax reassessments, although reductions are not guaranteed. It expects targeted marketing, technology-enabled customer service and its revenue-rate management program to support revenue growth and NOI performance. Management also said that its capital resources position SELF to pursue acquisitions, joint ventures and expansions in markets with limited supply growth and less professional competition. Global Self Storage completed no acquisitions during the three or six months ended June 30, although it continues to evaluate store and portfolio acquisition opportunities. At its Lima, OH, property, a conversion completed in January 2026 added approximately 2,400 leasable square feet of climate-controlled storage. Occupancy subsequently increased 3.8 percentage points during the second quarter to 94.3%. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Global Self Storage, Inc. (SELF): Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Strong Occupancy and Maintained Record-Level Tenant Duration of Stay Driven by Continued Operational Excellence MILLBROOK, NY / ACCESS Newswire / August 7, 2026 / Global Self Storage, Inc. (NASDAQ:SELF), a real estate investment trust that owns, operates, manages, acquires, and redevelops self-storage properties, reported results for the second quarter ended June 30, 2026. All comparisons are to the same year-ago period unless otherwise noted. Q2 2026 Highlights Total revenues increased 0.6% to $3.2 million. Net income increased 24.9% to $830,000 or $0.07 per diluted share. Same-store revenues increased 0.6% to $3.2 million. Same-store cost of operations increased 8.1% to $1.3 million. Same-store net operating income (NOI)decreased 3.8% to $1.9 million (see definition of this and other non-GAAP measures and their reconciliation to GAAP, below). Same-store occupancy as of June 30, 2026 was 94.7%, consistent with June 30, 2025. Same-store average tenant duration of stay as of June 30, 2026 maintained a record-level of approximately 3.6 years, and increased compared to approximately 3.4 years as of June 30, 2025. Funds from operations (FFO), a non-GAAP measure, decreased to $978,000 or $0.09 per diluted share. Adjusted FFO (AFFO), a non-GAAP measure, decreased to $1.1 million or $0.09 per diluted share. Maintained and covered quarterly dividend of $0.0725 per common share. Capital resources as of June 30, 2026 totaled approximately $24.9 million, comprised of $7.5 million in cash, cash equivalents and restricted cash; $2.6 million in marketable securities; and $14.8 million available under the company's revolving credit facility. First Half 2026 Highlights Total revenues increased 1.1% to $6.4 million. Net income increased to $1.3 million or $0.11 per diluted share from $1.2 million or $0.11 per diluted share. Same-store revenues increased 1.1% to $6.4 million. Same-store cost of operations increased 9.1% to $2.6 million. Same-store NOI decreased 3.8% to $3.7 million. FFO decreased to $1.8 million or $0.16 per diluted share. AFFO decreased to $2.0 million or $0.18 per diluted share. Maintained and covered dividend of $0.145 per common share. Dividend On June 1, 2026, the company declared a quarterly dividend of $0.0725 per share, consistent with the quarterly dividend for the year-ago period and previous quarter. The quarterly distribution represents an annualized dividend rate of $0.29 per share. Company Objective The objective of Global Self Storage is to increase value over time for the benefit of its stockholders. Toward this end, the company will continue to execute its strategic business plan, which includes funding acquisitions, either directly or through joint ventures, and expansion projects at its existing properties. The company's board of directors regularly reviews the strategic business plan, with emphasis on capital formation, debt versus equity ratios, dividend policy, use of capital and debt, FFO and AFFO performance, and optimal cash levels. The management of Global Self Storage believes that the company's continued operational performance and capital resources position it well to continue executing its strategic business plan. Management Commentary "In Q2, we delivered positive same-store revenue growth, strong same-store average occupancy of 94.7%, and maintained a record-level tenant duration of stay of 3.6 years at quarter-end," said CEO and president of Global Self Storage, Mark C. Winmill. "Our results were driven in part by our customer service efforts-providing a clean, safe and convenient rental process-which continued to attract high quality, long-term tenants. "During the quarter, we enhanced customer service with AI-enabled technology, completing the transition from a live agent call center to an AI-based virtual agent call center and beginning to replace kiosks with a QR code-based quick access page for unit rentals. We believe these technology enhancements will provide more flexibility for our operations, while maintaining the same level of customer service. "Our customer service efforts also strengthened local brand loyalty and drove strong referral and word-of-mouth demand for our storage units and services. Our digital marketing initiatives also supported strong occupancy by highlighting our outstanding customer reviews, including a record-level average rating above 4.9 out of 5 stars at quarter-end. "During the quarter, our competitor move-in rate analysis helped keep rates competitive, while our proprietary revenue rate management program increased existing tenant rates and optimized store occupancy. "Following our Q1 2026 conversion of certain student housing space into approximately 2,400 leasable square feet of all-climate-controlled units at our Lima, Ohio property, our second-largest property, total area occupancy was approximately 90.6%. Subsequent to the end of Q1, the property achieved a successful lease-up during Q2 2026, with occupancy increasing 3.8 percentage points to 94.3% at quarter-end, supported by strong customer engagement, including more than 700 reviews with an average rating of 4.9 stars. "While we delivered top-line growth and maintained strong average same-store occupancy, store operating expenses increased primarily due to higher employment costs and real estate property taxes, as assessments continue to increase industry-wide. We expect employment cost growth to return to lower historic levels, and we continue to appeal property tax reassessments where appropriate, though reductions are not guaranteed. "With approximately $24.9 million in capital resources, we believe we are well positioned to execute our strategic business plan, including acquisitions, joint ventures and expansion in select markets with limited supply growth and less professional competition. "Looking ahead, we believe our targeted marketing, technology-enabled customer service and proprietary revenue rate management program will continue to attract high-quality, long-term tenants while supporting revenue growth, NOI performance and long-term value for stockholders." Q2 2026 Financial Summary Total revenues increased 0.6% to $3.2 million in the second quarter of 2026. The increase was primarily attributable to increases in existing tenant rates under its proprietary revenue rate management program. Total operating expenses increased 6.6% to $2.5 million compared to $2.4 million in the same year-ago period. The increase was primarily attributable to an increase of store operating expenses and an increase in general and administrative expenses. Operating income decreased 16.3% to $694,000, compared to $829,000 in the same period last year. The decrease was the result of the operating effects noted above. Net income totaled $830,000 or $0.07 per diluted share from $664,000 or $0.06 per diluted share in the same year-ago period. Capital resources as of June 30, 2026, totaled approximately $24.9 million, comprised of $7.5 million in cash, cash equivalents and restricted cash and $2.6 million in marketable securities, with $14.8 million available under the company's revolving credit facility. Q2 2026 Same-Store Results As of June 30, 2026, the company owned 12 same-store properties and managed a single third party owned property. There were no non-same-store properties. For the second quarter of 2026, same-store revenues increased 0.6% to $3.2 million compared to the same period last year. Same-store cost of operations increased 8.1% to $1.3 million compared to $1.2 million in the same period last year. The increase was primarily due to increased expenses for employment costs and real estate property taxes. Same-store NOI decreased 3.8% to $1.9 million compared to $2.0 million in the same period last year. The decrease was primarily due to an increase in store operating expenses. Same-store occupancy was 94.7% as of June 30, 2026 and June 30, 2025. Same-store average tenant duration of stay as of June 30, 2026 maintained a record-level of approximately 3.6 years, and represents an increase compared to approximately 3.4 years as of June 30, 2025. Q2 2026 Operating Results Net income in the second quarter of 2026 was $830,000 or $0.07 per diluted share compared to $664,000 or $0.06 per diluted share in the second quarter of 2025. Property operations expenses increased to $1.3 million from $1.2 million in the same period last year. General and administrative expenses increased to $831,000 from $779,000 in the same year-ago period. The increase during this period is primarily attributable to an increase in employment costs, and one-time professional fees related to the amendment and restatement of the company's equity incentive plan. Interest expense decreased to $203,000 from $214,000 in the same year-ago period. FFO decreased 10.7% to $978,000 or $0.09 per diluted share compared to FFO of $1.1 million or $0.10 per diluted share in the same period last year. AFFO decreased 8.9% to $1.1 million or $0.09 per diluted share compared to AFFO of $1.2 million or $0.10 per diluted share in the same period last year. First Half 2026 Financial Summary Total revenues increased 1.1% to $6.4 million in the first half of 2026. The increase was primarily attributable to increases in existing tenant rates under its proprietary revenue rate management program. Total operating expenses increased 7.4% to $5.1 million compared to $4.8 million in the same year-ago period. The increase was primarily attributable to an increase of store operating expenses and an increase in general and administrative expenses. Operating income decreased 18.5% to $1.3 million, compared to $1.6 million in the same period last year. The decrease was the result of the operating effects noted above. Net income totaled $1.3 million or $0.11 per diluted share from $1.2 million or $0.11 per diluted share in the same year-ago period. First Half 2026 Same-Store Results For the first half of 2026, same-store revenues increased 1.1% to $6.4 million compared to the same period last year. The increase was due primarily to an increase in existing tenant rates under the company's proprietary revenue rate management program. Same-store cost of operations increased 9.1% to $2.6 million compared to $2.4 million in the same period last year. The increase was primarily due to increased expenses for employment costs and real estate property taxes. Same-store NOI decreased 3.8% to $3.7 million compared to $3.9 million in the same period last year. The decrease was primarily due to an increase in store operating expenses. First Half 2026 Operating Results Net income in the first half 2026 was $1.3 million or $0.11 per diluted share compared to $1.2 million or $0.11 per diluted share in the first half of 2025. Property operations expenses increased to $2.6 million from $2.4 million in the same period last year. General and administrative expenses increased to $1.7 million from $1.6 million in the same year-ago period. The increase during this period is primarily attributable to an increase in employment costs, and one-time professional fees related to the amendment and restatement of the company's equity incentive plan. Interest expense decreased to $407,000 from $438,000 in the same year-ago period. FFO decreased 11.6% to $1.8 million or $0.16 per diluted share compared to FFO of $2.1 million or $0.18 per diluted share in the same period last year. AFFO decreased 9.9% to $2.0 million or $0.18 per diluted share compared to AFFO of $2.2 million or $0.20 per diluted share in the same period last year. Q2 and First Half 2026 FFO and AFFO (Unaudited) Additional Information Additional information about the company's second quarter of 2026 results, including financial statements and related notes, is available on Form 10-Q as filed with the U.S. Securities and Exchange Commission and on the company's investor relations website. About Global Self Storage Global Self Storage is a self-administered and self-managed REIT that owns, operates, manages, acquires, and redevelops self-storage properties. The company's self-storage properties are designed to offer affordable, easily accessible and secure storage space for residential and commercial customers. Through its wholly owned subsidiaries, the company owns and/or manages 13 self-storage properties in Connecticut, Illinois, Indiana, New York, Ohio, Pennsylvania, South Carolina, and Oklahoma. For more information, go to ir.globalselfstorage.us or visit the company's customer site at www.globalselfstorage.us. You can also follow Global Self Storage on X and Facebook. Non-GAAP Financial Measures Funds from Operations ("FFO") and FFO per share are non-GAAP measures defined by the National Association of Real Estate Investment Trusts ("NAREIT") and are considered helpful measures of REIT performance by REITs and many REIT analysts. NAREIT defines FFO as a REIT's net income, excluding gains or losses from sales of property, and adding back real estate depreciation and amortization. The Company also excludes changes in unrealized gains or losses on marketable equity securities. FFO and FFO per share are not a substitute for net income or earnings per share. FFO is not a substitute for GAAP net cash flow in evaluating our liquidity or ability to pay dividends, because it excludes financing activities presented on our statements of cash flows. In addition, other REITs may compute these measures differently, so comparisons among REITs may not be helpful. However, the Company believes that to further understand the performance of its stores, FFO should be considered along with the net income and cash flows reported in accordance with GAAP and as presented in the Company's financial statements. Adjusted FFO ("AFFO") and AFFO per share are non-GAAP measures that represent FFO and FFO per share excluding the effects of stock-based compensation, business development, capital raising, and acquisition related costs and non-recurring items, which we believe are not indicative of the Company's operating results. AFFO and AFFO per share are not a substitute for net income or earnings per share. AFFO is not a substitute for GAAP net cash flow in evaluating our liquidity or ability to pay dividends, because it excludes financing activities presented on our statements of cash flows. We present AFFO because we believe it is a helpful measure in understanding our results of operations insofar as we believe that the items noted above that are included in FFO, but excluded from AFFO, are not indicative of our ongoing operating results. We also believe that the analyst community considers our AFFO (or similar measures using different terminology) when evaluating us. Because other REITs or real estate companies may not compute AFFO in the same manner as we do, and may use different terminology, our computation of AFFO may not be comparable to AFFO reported by other REITs or real estate companies. However, the Company believes that to further understand the performance of its stores, AFFO should be considered along with the net income and cash flows reported in accordance with GAAP and as presented in the Company's financial statements. We believe net operating income or "NOI" is a meaningful measure of operating performance because we utilize NOI in making decisions with respect to, among other things, capital allocations, determining current store values, evaluating store performance, and in comparing period-to-period and market-to-market store operating results. In addition, we believe the investment community utilizes NOI in determining operating performance and real estate values and does not consider depreciation expense because it is based upon historical cost. NOI is defined as net store earnings before general and administrative expenses, interest, taxes, depreciation, and amortization. NOI is not a substitute for net income, net operating cash flow, or other related GAAP financial measures, in evaluating our operating results. Same-Store Self Storage Operations Definition We consider our same-store portfolio to consist of only those stores owned and operated on a stabilized basis at the beginning and at the end of the applicable periods presented. We consider a store to be stabilized once it has achieved an occupancy rate that we believe, based on our assessment of market-specific data, is representative of similar self storage assets in the applicable market for a full year measured as of the most recent January 1 and has not been significantly damaged by natural disaster or undergone significant renovation or expansion. We believe that same-store results are useful to investors in evaluating our performance because they provide information relating to changes in store-level operating performance without taking into account the effects of acquisitions, dispositions, or new ground-up developments. As of June 30, 2026, we owned twelve same-store properties and zero non same-store properties. The Company believes that by providing same-store results from a stabilized pool of stores, with accompanying operating metrics including, but not limited to, variances in occupancy, rental revenue, operating expenses, and NOI, stockholders and potential investors are able to evaluate operating performance without the effects of non-stabilized occupancy levels, rent levels, expense levels, acquisitions, or completed developments. Same-store results should not be used as a basis for future same-store performance or for the performance of the Company's stores as a whole. Cautionary Note Regarding Forward Looking Statements Certain information presented in this press release may contain "forward-looking statements" within the meaning of the federal securities laws including the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning our plans, objectives, goals, strategies, future events, future revenues or performance, capital expenditures, financing needs, plans or intentions relating to acquisitions and other information that is not historical information. In some cases, forward-looking statements can be identified by terminology such as "believes," "plans," "intends," "expects," "estimates," "may," "will," "should," or "anticipates" or the negative of such terms or other comparable terminology, or by discussions of strategy. All forward-looking statements made by the Company involve known and unknown risks, uncertainties and other factors, many of which are beyond the control of the Company, which may cause the Company's actual results to be materially different from those expressed or implied by such statements. We may also make additional forward-looking statements from time to time. All such subsequent forward-looking statements, whether written or oral, by us or on our behalf, are also expressly qualified by these cautionary statements. All forward-looking statements, including without limitation, management's examination of historical operating trends and estimates of future earnings, are based upon our current expectations and various assumptions. Our expectations, beliefs and projections are expressed in good faith and we believe there is a reasonable basis for them, but there can be no assurance that management's expectations, beliefs and projections will result or be achieved. All forward-looking statements apply only as of the date made. Except as required by law, we undertake no obligation to publicly update or revise forward-looking statements which may be made to reflect events or circumstances after the date made or to reflect the occurrence of unanticipated events. The amount, nature, and/or frequency of dividends paid by the company may be changed at any time without notice. Company Contact:Global Self Storage, Inc.Email Contact Investor Relations Contact:Ron BothEncore Investor RelationsEmail Contact GLOBAL SELF STORAGE, INC.CONSOLIDATED BALANCE SHEETS(Unaudited) GLOBAL SELF STORAGE, INC.CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME(Unaudited) Reconciliation of GAAP Net Income to Same-Store Net Operating Income The following table presents a reconciliation of same-store net operating income to net income as presented on our consolidated statements of operations for the periods indicated (unaudited): SOURCE: Global Self Storage View the original press release on ACCESS Newswire

MILLBROOK, NY / ACCESS Newswire / June 1, 2026 / Global Self Storage, Inc. (NASDAQ:SELF), a real estate investment trust that owns, operates, manages, acquires, and redevelops self-storage properties, has declared a cash dividend of $0.0725 per common share for the second quarter of 2026. The dividend is payable on June 30, 2026, to stockholders of record as of June 15, 2026. Company Objective The objective of the company is to increase value over time for the benefit of its stockholders. Toward this end, the company will continue to execute its strategic business plan, which includes funding acquisitions, either directly or through joint ventures, and expansion projects at its existing properties. The company's board of directors regularly reviews the strategic business plan, with emphasis on capital formation, debt versus equity ratios, dividend policy, use of capital and debt, FFO and AFFO performance, and optimal cash levels. The management of Global Self Storage believes that the company's continued operational performance and capital resources position it well to continue executing its strategic business plan. About Global Self Storage Global Self Storage is a self-administered and self-managed REIT that owns, operates, manages, acquires, and redevelops self-storage properties. The company's self-storage properties are designed to offer affordable, easily accessible and secure storage space for residential and commercial customers. Through its wholly owned subsidiaries, the company owns and/or manages 13 self-storage properties in Connecticut, Illinois, Indiana, New York, Ohio, Pennsylvania, South Carolina, and Oklahoma. For more information, go to ir.globalselfstorage.us or visit the company's customer site at www.globalselfstorage.us. You can also follow Global Self Storage on X, LinkedIn and Facebook. Cautionary Note Regarding Forward Looking Statements Certain information presented in this press release may contain "forward-looking statements" within the meaning of the federal securities laws including, but not limited to, the Private Securities Litigation Reform Act of 1995. Forward looking statements include statements concerning the company's plans, objectives, goals, strategies, future events, future revenues or performance, capital expenditures, financing needs, plans or intentions, and other information that is not historical information. In some cases, forward looking statements can be identified by terminology such as "believes," "plans," "intends," "expects," "estimates," "may," "will," "should," "anticipates," or the negative of such terms or other comparable terminology, or by discussions of strategy. All forward-looking statements by the company involve known and unknown risks, uncertainties and other factors, many of which are beyond the control of the company, which may cause the company's actual results to be materially different from those expressed or implied by such statements. The company may also make additional forward looking statements from time to time. All such subsequent forward-looking statements, whether written or oral, by the company or on its behalf, are also expressly qualified by these cautionary statements. Investors should carefully consider the risks, uncertainties, and other factors, together with all of the other information included in the company's filings with the Securities and Exchange Commission, and similar information. All forward-looking statements, including without limitation, the company's examination of historical operating trends and estimates of future earnings, are based upon the company's current expectations and various assumptions. The company's expectations, beliefs and projections are expressed in good faith, but there can be no assurance that the company's expectations, beliefs and projections will result or be achieved. All forward looking statements apply only as of the date made. The company undertakes no obligation to publicly update or revise forward looking statements which may be made to reflect events or circumstances after the date made or to reflect the occurrence of unanticipated events. The amount, nature, and/or frequency of dividends paid by the company may be changed at any time without notice. Company Contact:Global Self Storage, Inc.Email Contact Investor Relations Contact:Ron BothEncore Investor RelationsEmail Contact SOURCE: Global Self Storage, Inc. View the original press release on ACCESS Newswire

Shares of Global Self Storage, Inc. SELF have lost 1.7% since the company reported earnings for the quarter ended March 31, 2026, against the S&P 500 Index’s 1.4% gain over the same period. Over the past month, the stock lost 0.8%, underperforming the S&P 500’s 6.8% gain. Global Self Storage reported first-quarter 2026 total revenues of $3.2 million, up 1.5% year over year from $3.1 million, driven primarily by higher occupancy levels and increases in existing tenant rental rates. Net income declined 14.1% to $0.5 million, or $0.04 per diluted share, from $0.6 million, or $0.05 per diluted share, in the year-ago quarter. Same-store revenues rose 1.5% to $3.2 million from $3.1 million, while same-store net operating income (NOI) fell 3.9% to $1.8 million from $1.9 million as operating expenses climbed. Funds from operations (FFO) decreased 12.6% to $852,563, or $0.08 per diluted share, from $975,343, or $0.09 per diluted share. Adjusted FFO (AFFO) fell 11% to $0.9 million, or $0.08 per diluted share, from $1.1 million, or $0.10 per diluted share. SELF highlighted sector-leading occupancy trends during the quarter. Same-store occupancy increased 100 basis points year over year to 93.1% as of March 31, 2026, from 92.1% as of March 31, 2025, while average tenant duration of stay reached a record 3.6 years, up from 3.5 years a year earlier. Management said these trends reflected strong customer retention, digital marketing initiatives and pricing optimization efforts. Across the owned portfolio, several properties posted occupancy above 90%, including Rochester, NY, at 97.6%, Millbrook, NY, at 97%, and Dolton, IL, at 94.6%. The company’s managed property in Edmond, OK, recorded occupancy of 96.8%, up from 93.5% in the prior-year period. Global Self Storage also reported that its average customer review rating exceeded 4.9 out of 5 stars at quarter-end, up from 4.8 stars in the prior-year period. CEO Mark C. Winmill said customer service initiatives and referral-driven demand contributed to strong occupancy performance. Global Self Storage, Inc. price-consensus-eps-surprise-chart | Global Self Storage, Inc. Quote Despite higher revenues and occupancy, profitability was pressured by rising costs. Total operating expenses increased 8.3% year over year to $2.6 million from $2.4 million. Property operating expenses climbed 10% to $1.3 million from $1.2 million, mainly due to higher employment costs and rising real estate property taxes. General and administrative expenses rose 9.2% to $0.9 million from $0.8 million, partly due to one-time professional fees related to amendments to Global Self Storage’s equity incentive plan. Operating income declined 20.9% to $0.6 million from $0.7 million in the prior-year quarter. Interest expense decreased to $203,878 from $223,769 due to a lower principal loan balance outstanding. Management noted that employment expenses increased because of the timing of routine hiring and departures, though SELF expects growth in these costs to return to lower historical levels. Property tax expenses rose due to higher assessment valuations across portions of its portfolio, reflecting broader industry trends. Management credited Global Self Storage’s proprietary revenue rate management program and competitor pricing analysis tools for helping maintain strong occupancy while increasing rates for existing tenants. The company said its digital marketing strategy and Internet data-scraping tools enabled it to keep move-in pricing competitive and maximize store-level revenue. Same-store annualized revenue per leased square foot increased 0.5% to $16.35 from $16.27 a year earlier. The number of leased storage units rose 1.2% year over year to 5,852 from 5,780. Global Self Storage said it continues to expect future rental income growth to come from a combination of tenant rent increases, higher move-in rental rates, lower promotional discounts and occupancy gains. However, management cautioned that inflationary pressures, economic uncertainty and changing customer move-out patterns could affect demand trends going forward. As of March 31, 2026, SELF had $24.5 million in capital resources, including $7.4 million in cash, cash equivalents and restricted cash, $2.3 million in marketable securities and $14.8 million available under its revolving credit facility. Global Self Storage maintained its quarterly dividend at $0.0725 per share, representing an annualized dividend rate of $0.29 per share. Management said the balance sheet remains well-positioned to support acquisitions, joint ventures and expansion projects in markets with limited supply growth and less professional competition. During January, Global Self Storage completed the conversion of certain student housing space into approximately 2,400 leasable square feet of climate-controlled storage units at its Lima, OH, property. Following the conversion, the property totaled 763 units and 94,931 leasable square feet. Occupancy at the property improved to 91.1% by quarter-end from approximately 90.6% immediately following completion of the project. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Global Self Storage, Inc. (SELF): Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Sector-Leading Occupancy and Record-Level Tenant Duration of Stay Driven by Continued Operational Excellence MILLBROOK, NY / ACCESS Newswire / May 8, 2026 / Global Self Storage, Inc. (NASDAQ:SELF), a real estate investment trust that owns, operates, manages, acquires, and redevelops self-storage properties, reported results for the first quarter ended March 31, 2026. All comparisons are to the same year-ago period unless otherwise noted. Q1 2026 Highlights Total revenues increased 1.5% to $3.2 million. Net income decreased to $477,000 or $0.04 per diluted share. Same-store revenues increased 1.5% to $3.2 million. Same-store cost of operations increased 10% to $1.3 million. Same-store net operating income (NOI)decreased 3.9% to $1.8 million (see definition of this and other non-GAAP measures and their reconciliation to GAAP, below). Same-store occupancy as of March 31, 2026 increased 100 basis points to 93.1% from 92.1% as of March 31, 2025, representing the highest same-store occupancy and occupancy growth in the sector. Same-store average tenant duration of stay as of March 31, 2026 was a record-level of approximately 3.6 years, and increased compared to approximately 3.5 years as of March 31, 2025. Funds from operations (FFO), a non-GAAP measure, decreased to $853,000 or $0.08 per diluted share. Adjusted FFO (AFFO), a non-GAAP measure, decreased to $958,000 or $0.08 per diluted share. Maintained and covered quarterly dividend of $0.0725 per common share. Capital resources as of March 31, 2026 totaled approximately $24.5 million, comprised of $7.4 million in cash, cash equivalents and restricted cash; $2.3 million in marketable securities; and $14.8 million available under the company's revolving credit facility. Dividend On March 2, 2026, the company declared a quarterly dividend of $0.0725 per share, consistent with the quarterly dividend for the year-ago period and previous quarter. The quarterly distribution represents an annualized dividend rate of $0.29 per share. Company Objective The objective of Global Self Storage is to increase value over time for the benefit of its stockholders. Toward this end, the company will continue to execute its strategic business plan, which includes funding acquisitions, either directly or through joint ventures, and expansion projects at its existing properties. The company's board of directors regularly reviews the strategic business plan, with emphasis on capital formation, debt versus equity ratios, dividend policy, use of capital and debt, FFO and AFFO performance, and optimal cash levels. The management of Global Self Storage believes that the company's continued operational performance and capital resources position it well to continue executing its strategic business plan. Management Commentary "In Q1, we delivered one of the strongest same-store revenue growth rates in the sector with the highest same-store occupancy of 93.1% and the highest occupancy growth, and record-level tenant duration of stay of 3.6 years at quarter-end," said CEO and president of Global Self Storage, Mark C. Winmill. "We believe our results were driven in part by our customer service efforts-providing a clean, safe and hassle-free rental process-which continued to attract high quality, long-term tenants. Our customer service efforts also supported performance by strengthening local brand loyalty and generating strong referral and word-of-mouth demand for our storage units and services. "Also contributing to our results were our digital marketing initiatives, which focus in part on our outstanding customer reviews. Our customer reviews have continued to demonstrate a high level of tenant satisfaction. In fact, we maintained a record-level average rating exceeding 4.9 out of 5 stars by the end of the quarter, an increase from 4.8 stars at the end of Q1 2025. "During the quarter, our competitor move-in rate metrics analysis-which uses internet data scraping and other methods-helped keep our move-in rates competitive, while our proprietary revenue rate management program helped increase existing tenant rates and optimize store occupancy. "While we delivered top-line growth and higher occupancy, our store operating expenses increased during the quarter, primarily due to increased employment costs and real estate property taxes. Employment costs rose mainly due to the timing of routine hiring and departures, but looking ahead we expect these costs to return to lower historic levels of growth. Self storage property tax assessments have been increasing industry-wide. However, we are taking steps to appeal reassessments to our properties as they arise, but there is no guarantee that these increased assessments will be reduced. "In January, we converted certain student housing space into approximately 2,400 leasable square feet of all-climate-controlled units at our Lima, OH property. Following the conversion, the property totals 763 units and 94,931 leasable square feet. Total area occupancy was approximately 90.6% upon completion of the conversion and then utilizing our professional management techniques we increased the occupancy by 50 basis points to 91.1% at quarter-end. "We believe we are well positioned to execute our strategic business plan with a strong balance sheet of approximately $24.5 million in capital resources. This plan includes growth through acquisitions, joint ventures, and expansion in select markets that exhibit limited supply growth and less professional competition. "As we look ahead, we believe our targeted marketing strategies and strong commitment to best-in-class customer service will continue to attract high-quality, long-term tenants. We also remain committed to maximizing revenue, driving NOI growth, and delivering increased value to our stockholders over the long term." Q1 2026 Financial Summary Total revenues increased 1.5% to $3.2 million in the first quarter of 2026. The increase was primarily attributable to increases in occupancy and existing tenant rates under its proprietary revenue rate management program. Total operating expenses increased 8.3% to $2.6 million compared to $2.4 million in the same year-ago period. The increase was primarily attributable to an increase of store operating expenses and an increase in general and administrative expenses. Operating income decreased 21.0% to $572,000, compared to $724,000 in the same period last year. The decrease was the result of the operating effects noted above. Net income totaled $477,000 or $0.04 per diluted share from $555,000 or $0.05 per diluted share in the same year-ago period. Capital resources as of March 31, 2026, totaled approximately $24.5 million, comprised of $7.4 million in cash, cash equivalents and restricted cash and $2.3 million in marketable securities, with $14.8 million available under the company's revolving credit facility. Q1 2026 Same-Store Results As of March 31, 2026, the company owned 12 same-store properties and managed a single third party owned property. There were no non-same-store properties. For the first quarter of 2026, same-store revenues increased 1.5% to $3.2 million compared to the same period last year. Same-store cost of operations increased 10% to $1.3 million compared to $1.2 million in the same period last year. The increase was primarily due to increased expenses for employment costs and real estate property taxes. Same-store NOI decreased 3.9% to $1.8 million compared to $1.9 million in the same period last year. The decrease was primarily due to an increase in store operating expenses. Same-store occupancy as of March 31, 2026, increased 100 basis points to 93.1% from 92.1% as of March 31, 2025, representing the highest same-store occupancy and occupancy growth in the sector. Same-store average tenant duration of stay as of March 31, 2026, was a record-level of approximately 3.6 years, compared to approximately 3.5 years as of March 31, 2025. Q1 2026 Operating Results Net income in the first quarter of 2026 was $477,000 or $0.04 per diluted share compared to $555,000 or $0.05 per diluted share in the first quarter of 2025. Property operations expenses increased to $1.3 million from $1.2 million in the same period last year. General and administrative expenses increased to $859,000 from $787,000 in the same year-ago period. The increase in general and administrative expenses during this period are primarily attributable to an increase to employment costs, and one-time professional fees related to the amendment and restatement of the company's equity incentive plan. Interest expense decreased to $204,000 from $224,000 in the same year-ago period. FFO decreased 12.6% to $853,000 or $0.08 per diluted share compared to FFO of $975,000 or $0.09 per diluted share in the same period last year. AFFO decreased 11.0% to $958,000 or $0.08 per diluted share compared to AFFO of $1.1 million or $0.10 per diluted share in the same period last year. Q1 2026 FFO and AFFO (Unaudited) Additional Information Additional information about the company's first quarter of 2026 results, including financial statements and related notes, is available on Form 10-Q as filed with the U.S. Securities and Exchange Commission and on the company's investor relations website. About Global Self Storage Global Self Storage is a self-administered and self-managed REIT that owns, operates, manages, acquires, and redevelops self-storage properties. The company's self-storage properties are designed to offer affordable, easily accessible and secure storage space for residential and commercial customers. Through its wholly owned subsidiaries, the company owns and/or manages 13 self-storage properties in Connecticut, Illinois, Indiana, New York, Ohio, Pennsylvania, South Carolina, and Oklahoma. For more information, go to ir.globalselfstorage.us or visit the company's customer site at www.globalselfstorage.us. You can also follow Global Self Storage on X, LinkedIn and Facebook. Non-GAAP Financial Measures Funds from Operations ("FFO") and FFO per share are non-GAAP measures defined by the National Association of Real Estate Investment Trusts ("NAREIT") and are considered helpful measures of REIT performance by REITs and many REIT analysts. NAREIT defines FFO as a REIT's net income, excluding gains or losses from sales of property, and adding back real estate depreciation and amortization. The Company also excludes changes in unrealized gains or losses on marketable equity securities. FFO and FFO per share are not a substitute for net income or earnings per share. FFO is not a substitute for GAAP net cash flow in evaluating our liquidity or ability to pay dividends, because it excludes financing activities presented on our statements of cash flows. In addition, other REITs may compute these measures differently, so comparisons among REITs may not be helpful. However, the Company believes that to further understand the performance of its stores, FFO should be considered along with the net income and cash flows reported in accordance with GAAP and as presented in the Company's financial statements. Adjusted FFO ("AFFO") and AFFO per share are non-GAAP measures that represent FFO and FFO per share excluding the effects of stock-based compensation, business development, capital raising, and acquisition related costs and non-recurring items, which we believe are not indicative of the Company's operating results. AFFO and AFFO per share are not a substitute for net income or earnings per share. AFFO is not a substitute for GAAP net cash flow in evaluating our liquidity or ability to pay dividends, because it excludes financing activities presented on our statements of cash flows. We present AFFO because we believe it is a helpful measure in understanding our results of operations insofar as we believe that the items noted above that are included in FFO, but excluded from AFFO, are not indicative of our ongoing operating results. We also believe that the analyst community considers our AFFO (or similar measures using different terminology) when evaluating us. Because other REITs or real estate companies may not compute AFFO in the same manner as we do, and may use different terminology, our computation of AFFO may not be comparable to AFFO reported by other REITs or real estate companies. However, the Company believes that to further understand the performance of its stores, AFFO should be considered along with the net income and cash flows reported in accordance with GAAP and as presented in the Company's financial statements. We believe net operating income or "NOI" is a meaningful measure of operating performance because we utilize NOI in making decisions with respect to, among other things, capital allocations, determining current store values, evaluating store performance, and in comparing period-to-period and market-to-market store operating results. In addition, we believe the investment community utilizes NOI in determining operating performance and real estate values and does not consider depreciation expense because it is based upon historical cost. NOI is defined as net store earnings before general and administrative expenses, interest, taxes, depreciation, and amortization. NOI is not a substitute for net income, net operating cash flow, or other related GAAP financial measures, in evaluating our operating results. Same-Store Self Storage Operations Definition We consider our same-store portfolio to consist of only those stores owned and operated on a stabilized basis at the beginning and at the end of the applicable periods presented. We consider a store to be stabilized once it has achieved an occupancy rate that we believe, based on our assessment of market-specific data, is representative of similar self storage assets in the applicable market for a full year measured as of the most recent January 1 and has not been significantly damaged by natural disaster or undergone significant renovation or expansion. We believe that same-store results are useful to investors in evaluating our performance because they provide information relating to changes in store-level operating performance without taking into account the effects of acquisitions, dispositions, or new ground-up developments. As of March 31, 2026, we owned twelve same-store properties and zero non same-store properties. The Company believes that by providing same-store results from a stabilized pool of stores, with accompanying operating metrics including, but not limited to, variances in occupancy, rental revenue, operating expenses, and NOI, stockholders and potential investors are able to evaluate operating performance without the effects of non-stabilized occupancy levels, rent levels, expense levels, acquisitions, or completed developments. Same-store results should not be used as a basis for future same-store performance or for the performance of the Company's stores as a whole. Cautionary Note Regarding Forward Looking Statements Certain information presented in this press release may contain "forward-looking statements" within the meaning of the federal securities laws including the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning our plans, objectives, goals, strategies, future events, future revenues or performance, capital expenditures, financing needs, plans or intentions relating to acquisitions and other information that is not historical information. In some cases, forward-looking statements can be identified by terminology such as "believes," "plans," "intends," "expects," "estimates," "may," "will," "should," or "anticipates" or the negative of such terms or other comparable terminology, or by discussions of strategy. All forward-looking statements made by the Company involve known and unknown risks, uncertainties and other factors, many of which are beyond the control of the Company, which may cause the Company's actual results to be materially different from those expressed or implied by such statements. We may also make additional forward-looking statements from time to time. All such subsequent forward-looking statements, whether written or oral, by us or on our behalf, are also expressly qualified by these cautionary statements. All forward-looking statements, including without limitation, management's examination of historical operating trends and estimates of future earnings, are based upon our current expectations and various assumptions. Our expectations, beliefs and projections are expressed in good faith and we believe there is a reasonable basis for them, but there can be no assurance that management's expectations, beliefs and projections will result or be achieved. All forward-looking statements apply only as of the date made. Except as required by law, we undertake no obligation to publicly update or revise forward-looking statements which may be made to reflect events or circumstances after the date made or to reflect the occurrence of unanticipated events. The amount, nature, and/or frequency of dividends paid by the company may be changed at any time without notice. Company Contact: Global Self Storage, Inc. Email Contact Investor Relations Contact: Ron Both Encore Investor Relations Email Contact GLOBAL SELF STORAGE, INC. CONSOLIDATED BALANCE SHEETS (Unaudited) GLOBAL SELF STORAGE, INC. CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (Unaudited) Reconciliation of GAAP Net Income to Same-Store Net Operating Income The following table presents a reconciliation of same-store net operating income to net income as presented on our consolidated statements of operations for the periods indicated (unaudited): SOURCE: Global Self Storage, Inc. View the original press release on ACCESS Newswire

Shares of Global Self Storage, Inc. SELF have gained 0.2% since the company reported its earnings for the quarter ended Dec. 31, 2025, outperforming the S&P 500 Index, which declined 0.5% over the same period. Over the past month, however, the stock slipped 0.6%, though it still fared better than the broader market’s sharper 5.2% decline. Global Self Storage reported mixed fourth-quarter 2025 results, with total revenues declining 0.9% year over year to $3.16 million from $3.19 million. Despite the revenue dip, profitability improved significantly, as net income rose to $0.3 million, or $0.03 per diluted share, from $84,406, or $0.01 per diluted share, in the year-ago quarter. Same-store revenues also fell 0.9% year over year to $3.1 million, while same-store net operating income (NOI) declined 4.1% year over year to $1.9 million, reflecting higher operating costs. For the full year, revenues increased 1.4% to a record $12.7 million from $12.5 million, while net income edged down 4% to $2 million, or $0.18 per diluted share, from $2.1 million, or $0.19 per share in 2024. SELF’s same-store portfolio showed modest operational pressure in the quarter. Same-store cost of operations increased 4.5% year over year to $1.2 million, driven by higher employment, landscaping and marketing expenses. This cost escalation weighed on NOI, which declined despite stable occupancy. Notably, same-store occupancy improved slightly by 10 basis points to a sector-leading 93%, underscoring continued demand strength. Tenant behavior remained a positive indicator, with the average length of stay rising to approximately 3.5 years from 3.4 years a year earlier. However, funds from operations (FFO) declined 10.1% year over year to $0.9 million from $1.1 million, while adjusted FFO (AFFO) fell 9.8% year over year to $1.1 million from $1.2 million, reflecting pressure on cash-based earnings metrics. For the full year, however, FFO and AFFO increased 2.7% and 3.4%, respectively, reflecting stable underlying cash flow generation despite near-term headwinds. For the full year, same-store revenues grew 1.4% to $12.6 million, and NOI increased 0.6% to $7.8 million, supported by improved occupancy and rental rate management. However, same-store operating costs rose 2.6% to $4.9 million, tempering margin expansion. Global Self Storage, Inc. price-consensus-eps-surprise-chart | Global Self Storage, Inc. Quote The quarter’s results were shaped by rising operating expenses, particularly at the store level, which offset relatively stable demand conditions. Increased employment and marketing costs contributed to higher property-level expenses, while general and administrative costs also edged up modestly. On the revenue side, SELF benefited from steady occupancy and rental rate optimization, though these gains were not sufficient to offset cost pressures in the quarter. For the full year, revenue growth was primarily driven by higher occupancy and improved tenant rates under the company’s proprietary revenue management program. Management highlighted 2025 as a year of record revenues, same-store revenues and NOI, supported by strong operational execution and digital marketing initiatives. According to CEO Mark C. Winmill, targeted online campaigns, enhanced search engine optimization and website improvements helped drive tenant acquisition and retention. Global Self Storage also emphasized customer satisfaction, citing an average customer rating above 4.9 out of 5 stars and continued growth in tenant retention. Management noted that these factors contributed to longer tenant stays and sustained occupancy levels. Additionally, disciplined expense management at the corporate level helped offset some cost pressures at the store level. Global Self Storage ended the year with approximately $24.5 million in capital resources, including $7.5 million in cash, cash equivalents and restricted cash, $2.3 million in marketable securities and $14.7 million available under its revolving credit facility. This liquidity position provides flexibility to pursue acquisitions, joint ventures and expansion projects. SELF maintained its quarterly dividend at $0.0725 per share, representing an annualized rate of $0.29, consistent with prior periods and supported by AFFO generation. Management expressed optimism about improving market fundamentals, citing stabilization in move-in rates and limited new supply in its operating markets. Global Self Storage plans to continue focusing on disciplined acquisitions, operational efficiency and customer service to drive long-term value. SELF did not report any acquisitions during 2025 but continues to evaluate opportunities in select markets with favorable supply-demand dynamics. Its strategy includes potential growth through acquisitions, joint ventures and expansion of existing properties, supported by its available capital resources. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Global Self Storage, Inc. (SELF): Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Record Total Revenues, Same-Store Revenues and Net Operating Income with Sector-Leading Occupancy Driven by Continued Operational Excellence MILLBROOK, NY / ACCESS Newswire / March 25, 2026 / Global Self Storage, Inc. (NASDAQ:SELF), a real estate investment trust that owns, operates, manages, acquires, and redevelops self-storage properties,reported results for the fourth quarter and full year ended December 31, 2025. All comparisons are to the same year-ago period unless otherwise noted. Q4 2025 Highlights Total revenues decreased 0.9% to $3.2 million. Net income increased to $323,000 or $0.03 per diluted share from $84,000 or $0.01 per diluted share. Same-store revenues decreased 0.9% to $3.1 million. Same-store cost of operations increased 4.5% to $1.2 million. Same-store net operating income (NOI)decreased 4.1% to $1.9 million (see definition of this and other non-GAAP measures and their reconciliation to GAAP, below). Same-store occupancy at December 31, 2025 increased 10 basis points to a sector-leading 93.0% from 92.9% at December 31, 2024. Same-store average tenant duration of stay at December 31, 2025 maintained record-level of approximately 3.5 years, and increased compared to approximately 3.4 years at December 31, 2024. Funds from operations (FFO), a non-GAAP measure, decreased from $1.1 million to $1.0 million or $0.08 per diluted share. Adjusted FFO (AFFO), a non-GAAP measure, decreased from $1.2 million to $1.1 million or $0.09 per diluted share. Maintained and covered quarterly dividend of $0.0725 per common share. Capital resources at December 31, 2025 totaled approximately $24.5 million, comprised of $7.5 million in cash, cash equivalents and restricted cash; $2.3 million in marketable securities; and $14.7 million available under the company's revolving credit facility. Full Year 2025 Highlights Total revenues increased 1.4% to a record $12.7 million. Net income decreased to $2.0 million or $0.18 per diluted share from $2.1 million or $0.19 per diluted share. Same-store revenues increased 1.4% to a record $12.6 million. Same-store cost of operations increased 2.6% to $4.9 million. Same-store NOI increased 0.6% to a record $7.8 million. FFO increased 2.7% to $4.0 million or $0.36 per diluted share. AFFO increased 3.4% to $4.4 million or $0.39 per diluted share. Maintained and covered four quarterly dividends totaling $0.29 per common share. Dividend On March 2, 2026, the company declared a quarterly dividend of $0.0725 per share, consistent with the quarterly dividend for the year-ago period and previous quarter. The quarterly distribution represents an annualized dividend rate of $0.29 per share. Company Objective The objective of Global Self Storage is to increase value over time for the benefit of its stockholders. Toward this end, the company will continue to execute its strategic business plan, which includes funding acquisitions, either directly or through joint ventures, and expansion projects at its existing properties. The company's board of directors regularly reviews the strategic business plan, with emphasis on capital formation, debt versus equity ratios, dividend policy, use of capital and debt, FFO and AFFO performance, and optimal cash levels. The management of Global Self Storage believes that the company's continued operational performance and capital resources position it well to continue executing its strategic business plan. Management Commentary "In 2025, we achieved record-high annual total revenues, same-store revenues, and net operating income with sector-leading same-store occupancy of 93% at year-end," said president and CEO of Global Self Storage, Mark C. Winmill. "In addition, our focus on expense control resulted in reduced corporate-level general and administrative expenses and a deceleration in the growth of store-level expenses. "These results were driven by our continued operational excellence, including our internet and digital marketing initiatives. These initiatives during the year included targeted digital campaigns, enhanced search engine optimization, and improved website layout with video testimonials to reach prospective tenants more effectively. These marketing strategies have contributed to our sector-leading occupancy, continued record-high tenant retention, and increased customer satisfaction across our portfolio. "Also contributing to our results were our customer service efforts-providing a clean, safe and hassle-free rental process-which continued to attract high quality, long-term tenants. These efforts played a key role in further building local brand loyalty, generating powerful referral and word-of-mouth market demand for our storage units and services. "Our high level of tenant satisfaction is also evidenced by consistently strong customer reviews. During the year, we achieved and maintained an average rating exceeding 4.9 out of 5 stars, compared to 4.8 at the end of Q1 2025. Our tenants also tend to stay longer, with the same-store average tenant duration of stay increasing to about 3.5 years as of year-end, maintaining a record-level since September 30, 2025, and up from 3.4 years as of December 31, 2024. "Our strong balance sheet, with approximately $24.5 million in capital resources, positions us well to execute our strategic business plan. This plan includes growth through acquisitions, joint ventures, and expansion in select markets that exhibit limited supply growth and less professional competition. "As we look ahead, we remain confident that our professional management techniques will continue to optimize occupancy, revenue generation and NOI in our self-storage portfolio. We have seen and anticipate further gradual improvement of market fundamentals in the form of move-in rate stabilization and muted development of new supply in the markets where we operate. "By following our strategic business plan, we are confident that we will continue driving increased value for stockholders through a focus on top-quality tenants, disciplined acquisition strategy, effective expense management, and a strong commitment to excellent customer service." Q4 2025 Financial Summary Total revenues decreased 0.9% to $3.2 million in the fourth quarter of 2025. Total operating expenses increased 3.6% to $2.5 million compared to $2.4 million in the same year-ago period. The increase was primarily attributable to an increase of store operating expenses. Operating income decreased 14.4% to $680,000, compared to $794,000 in the same period last year. The decrease was primarily due to an increase in store operating expenses. Net income totaled $323,000 or $0.03 per diluted share from $84,000 or $0.01 per diluted share in the same year-ago period. Capital resources as of December 31, 2025, totaled approximately $24.5 million, comprised of $7.5 million in cash, cash equivalents and restricted cash and $2.3 million in marketable securities, with $14.7 million available under the company's revolving credit facility. Q4 2025 Same-Store Results As of December 31, 2025, the company owned 12 same-store properties and managed a single third party owned property. There were no non-same-store properties. For the fourth quarter of 2025, same-store revenues decreased 0.9% to $3.1 million compared to the same period last year. Same-store cost of operations increased 4.5% to $1.24 million compared to $1.18 million in the same period last year. The increase was primarily due to increased expenses for employment costs, landscaping expenses and marketing expenses. Same-store NOI decreased 4.1% to $1.9 million compared to $2.0 million in the same period last year. The decrease was primarily due to an increase in store operating expenses. Same-store occupancy at December 31, 2025, increased 10 basis points to 93.0% from 92.9% at December 31, 2024. Same-store average tenant duration of stay at December 31, 2025, was approximately 3.5 years, compared to approximately 3.4 years as of December 31, 2024. Q4 2025 Operating Results Net income in the fourth quarter of 2025 was $323,000 or $0.03 per diluted share compared to $84,000 or $0.01 per diluted share in the fourth quarter of 2024. Property operations expenses increased to $1.24 million from $1.18 million in the same period last year. General and administrative expenses increased to $831,000 from $800,000 in the same year-ago period. Business development costs were zero for the quarter and the same year-ago period. Interest expense increased to $207,000 from $205,000 in the same year-ago period. FFO decreased 10.1% to $1.0 million or $0.08 per diluted share compared to FFO of $1.1 million or $0.10 per diluted share in the same period last year. AFFO decreased 9.8% to $1.1 million or $0.09 per diluted share compared to AFFO of $1.2 million or $0.11 per diluted share in the same period last year. Full Year 2025 Financial Summary For the full year 2025, total revenues increased 1.4% to $12.7 million, compared to $12.5 million in 2024. This increase was due primarily to an increase in occupancy and existing tenant rates under the company's proprietary revenue rate management program. Total operating expenses increased 1.1% to $9.7 million, compared to $9.6 million in 2024. The increase was primarily attributable to an increase in store-level operating expenses, including increased expenses for employment and utilities. Operating income increased 2.3% to $3.0 million, as compared to $2.9 million in 2024. The increase was primarily due to increased rental income. Net income was $2.0 million or $0.18 per diluted share, as compared to $2.1 million or $0.19 per diluted share in 2024. Full Year 2025 Same-Store Results For the full year of 2025, same-store revenues increased 1.4% to $12.6 million compared to $12.5 million in 2024. This increase was due primarily to an increase in occupancy and existing tenant rates under the company's proprietary revenue rate management program. Same-store cost of operations increased 2.6% to $4.9 million compared to $4.7 million in 2024. This increase in same-store cost of operations was due primarily to increased expenses for employment and utilities. Same-store NOI increased 0.6% to $7.8 million, compared to $7.7 million in 2024. The increase was primarily due to an increase in revenues. For a reconciliation of net income to same-store NOI see, "Reconciliation of GAAP Net Income to Same-Store Net Operating Income," below. Full Year 2025 Operating Results Net income in the full year of 2025 was $2.0 million or $0.18 per diluted share, compared to $2.1 million or $0.19 per diluted share in 2024. Property operations expenses increased to $4.9 million, as compared to $4.7 million in 2024. General and administrative expenses decreased to $3.22 million, as compared to $3.26 million in 2024. Business development costs increased to $22,286, as compared to $3,037 in 2024. Interest expense decreased to $854,000 from $881,000 in 2024. This decrease was primarily attributable to lower principal balance outstanding. FFO increased 2.7% to $4.0 million or $0.36 per diluted share, compared to FFO of $3.9 million or $0.35 per diluted share in 2024. AFFO increased 3.4% to $4.4 million or $0.39 per diluted share, compared to AFFO of $4.3 million or $0.38 per diluted share in 2024. Q4 2025 and Full Year FFO and AFFO (Unaudited) Additional Information Additional information about the company's fourth quarter and full year of 2025 results, including financial statements and related notes, is available on Form 10-K as filed with the U.S. Securities and Exchange Commission and on the company's investor relations website. About Global Self Storage Global Self Storage is a self-administered and self-managed REIT that owns, operates, manages, acquires, and redevelops self-storage properties. The company's self-storage properties are designed to offer affordable, easily accessible and secure storage space for residential and commercial customers. Through its wholly owned subsidiaries, the company owns and/or manages 13 self-storage properties in Connecticut, Illinois, Indiana, New York, Ohio, Pennsylvania, South Carolina, and Oklahoma. For more information, go to ir.globalselfstorage.us or visit the company's customer site at www.globalselfstorage.us. You can also follow Global Self Storage on X, LinkedIn and Facebook. Non-GAAP Financial Measures Funds from Operations ("FFO") and FFO per share are non-GAAP measures defined by the National Association of Real Estate Investment Trusts ("NAREIT") and are considered helpful measures of REIT performance by REITs and many REIT analysts. NAREIT defines FFO as a REIT's net income, excluding gains or losses from sales of property, and adding back real estate depreciation and amortization. The Company also excludes unrealized gains on marketable equity securities and gains relating to PPP loan forgiveness. FFO and FFO per share are not a substitute for net income or earnings per share. FFO is not a substitute for GAAP net cash flow in evaluating our liquidity or ability to pay dividends because it excludes financing activities presented on our statements of cash flows. In addition, other REITs may compute these measures differently, so comparisons among REITs may not be helpful. However, the Company believes that to further understand the performance of its stores, FFO should be considered along with the net income and cash flows reported in accordance with GAAP and as presented in the Company's financial statements. Adjusted FFO ("AFFO") and AFFO per share are non-GAAP measures that represent FFO and FFO per share excluding the effects of stock-based compensation, business development, capital raising, and acquisition related costs and non-recurring items, which we believe are not indicative of the Company's operating results. AFFO and AFFO per share are not a substitute for net income or earnings per share. AFFO is not a substitute for GAAP net cash flow in evaluating our liquidity or ability to pay dividends because it excludes financing activities presented on our statements of cash flows. We present AFFO because we believe it is a helpful measure in understanding our results of operations insofar as we believe that the items noted above that are included in FFO, but excluded from AFFO, are not indicative of our ongoing operating results. We also believe that the analyst community considers our AFFO (or similar measures using different terminology) when evaluating us. Because other REITs or real estate companies may not compute AFFO in the same manner as we do, and may use different terminology, our computation of AFFO may not be comparable to AFFO reported by other REITs or real estate companies. However, the Company believes that to further understand the performance of its stores, AFFO should be considered along with the net income and cash flows reported in accordance with GAAP and as presented in the Company's financial statements. We believe net operating income or "NOI" is a meaningful measure of operating performance because we utilize NOI in making decisions with respect to, among other things, capital allocations, determining current store values, evaluating store performance, and in comparing period-to-period and market-to-market store operating results. In addition, we believe the investment community utilizes NOI in determining operating performance and real estate values and does not consider depreciation expense because it is based upon historical cost. NOI is defined as net store earnings before general and administrative expenses, interest, taxes, depreciation, and amortization. NOI is not a substitute for net income, net operating cash flow, or other related GAAP financial measures in evaluating our operating results. Same-Store Self Storage Operations Definition We consider our same-store portfolio to consist of only those stores owned and operated on a stabilized basis at the beginning and at the end of the applicable periods presented. We consider a store to be stabilized once it has achieved an occupancy rate that we believe, based on our assessment of market-specific data, is representative of similar self storage assets in the applicable market for a full year measured as of the most recent January 1 and has not been significantly damaged by natural disaster or undergone significant renovation or expansion. We believe that same-store results are useful to investors in evaluating our performance because they provide information relating to changes in store-level operating performance without taking into account the effects of acquisitions, dispositions or new ground-up developments. As of December 31, 2025, we owned twelve same-store properties and zero non-same-store properties. The Company believes that by providing same-store results from a stabilized pool of stores, with accompanying operating metrics including, but not limited to, variances in occupancy, rental revenue, operating expenses, NOI, etc., stockholders and potential investors are able to evaluate operating performance without the effects of non-stabilized occupancy levels, rent levels, expense levels, acquisitions or completed developments. Same-store results should not be used as a basis for future same-store performance or for the performance of the Company's stores as a whole. Cautionary Note Regarding Forward Looking Statements Certain information presented in this press release may contain "forward-looking statements" within the meaning of the federal securities laws, including the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning the company's plans, objectives, goals, strategies, future events, future revenues or performance, capital expenditures, financing needs, plans or intentions relating to acquisitions, and other information that is not historical information. In some cases, forward-looking statements can be identified by terminology such as "believes," "plans," "intends," "expects," "estimates," "may," "will," "should," or "anticipates," or the negative of such terms or other comparable terminology, or by discussions of strategy. All forward-looking statements made by the company involve known and unknown risks, uncertainties and other factors, many of which are beyond the control of the company, which may cause the company's actual results to be materially different from those expressed or implied by such statements. The company may also make additional forward-looking statements from time to time. All such subsequent forward-looking statements, whether written or oral, by the company or on its behalf, are also expressly qualified by these cautionary statements. All forward-looking statements, including without limitation, the company's examination of historical operating trends and estimates of future earnings, are based upon the company's current expectations and various assumptions. The company's expectations, beliefs and projections are expressed in good faith and it believes there is a reasonable basis for them, but there can be no assurance that the company's expectations, beliefs and projections will result or be achieved. All forward-looking statements apply only as of the date made. Except as required by law, the company undertakes no obligation to publicly update or revise forward-looking statements which may be made to reflect events or circumstances after the date made or to reflect the occurrence of unanticipated events. The amount, nature, and/or frequency of dividends paid by the company may be changed at any time without notice. Company Contact: Thomas O'Malley Chief Financial Officer Global Self Storage Tel (212) 785-0900, ext. 267 Email Contact Investor Relations Contact: Ron Both Encore Investor Relations Tel (949) 432-7557 Email Contact GLOBAL SELF STORAGE, INC. CONSOLIDATED BALANCE SHEETS (Unaudited) GLOBAL SELF STORAGE, INC. CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (Unaudited) Reconciliation of GAAP Net Income to Same-Store Net Operating Income The following table presents a reconciliation of same-store net operating income to net income as presented on our consolidated statements of operations for the periods indicated (unaudited): SOURCE: Global Self Storage View the original press release on ACCESS Newswire

MILLBROOK, NY / ACCESS Newswire / March 2, 2026 / Global Self Storage, Inc. (NASDAQ:SELF), a real estate investment trust that owns, operates, manages, acquires, and redevelops self-storage properties, has declared a cash dividend of $0.0725 per common share for the first quarter of 2026. The dividend is payable on March 31, 2026, to stockholders of record as of March 16, 2026. Company Objective The objective of the company is to increase value over time for the benefit of its stockholders. Toward this end, the company will continue to execute its strategic business plan, which includes funding acquisitions, either directly or through joint ventures, and expansion projects at its existing properties. The company's board of directors regularly reviews the strategic business plan, with emphasis on capital formation, debt versus equity ratios, dividend policy, use of capital and debt, FFO and AFFO performance, and optimal cash levels. The management of Global Self Storage believes that the company's continued operational performance and capital resources position it well to continue executing its strategic business plan. About Global Self Storage Global Self Storage is a self-administered and self-managed REIT that owns, operates, manages, acquires, and redevelops self-storage properties. The company's self-storage properties are designed to offer affordable, easily accessible and secure storage space for residential and commercial customers. Through its wholly owned subsidiaries, the company owns and/or manages 13 self-storage properties in Connecticut, Illinois, Indiana, New York, Ohio, Pennsylvania, South Carolina, and Oklahoma. For more information, go to ir.globalselfstorage.us or visit the company's customer site at www.globalselfstorage.us. You can also follow Global Self Storage on X, LinkedIn and Facebook. Cautionary Note Regarding Forward Looking Statements Certain information presented in this press release may contain "forward-looking statements" within the meaning of the federal securities laws including, but not limited to, the Private Securities Litigation Reform Act of 1995. Forward looking statements include statements concerning the company's plans, objectives, goals, strategies, future events, future revenues or performance, capital expenditures, financing needs, plans or intentions, and other information that is not historical information. In some cases, forward looking statements can be identified by terminology such as "believes," "plans," "intends," "expects," "estimates," "may," "will," "should," "anticipates," or the negative of such terms or other comparable terminology, or by discussions of strategy. All forward-looking statements by the company involve known and unknown risks, uncertainties and other factors, many of which are beyond the control of the company, which may cause the company's actual results to be materially different from those expressed or implied by such statements. The company may also make additional forward looking statements from time to time. All such subsequent forward-looking statements, whether written or oral, by the company or on its behalf, are also expressly qualified by these cautionary statements. Investors should carefully consider the risks, uncertainties, and other factors, together with all of the other information included in the company's filings with the Securities and Exchange Commission, and similar information. All forward-looking statements, including without limitation, the company's examination of historical operating trends and estimates of future earnings, are based upon the company's current expectations and various assumptions. The company's expectations, beliefs and projections are expressed in good faith, but there can be no assurance that the company's expectations, beliefs and projections will result or be achieved. All forward looking statements apply only as of the date made. The company undertakes no obligation to publicly update or revise forward looking statements which may be made to reflect events or circumstances after the date made or to reflect the occurrence of unanticipated events. The amount, nature, and/or frequency of dividends paid by the company may be changed at any time without notice. Company Contact: Thomas O'Malley Chief Financial Officer Global Self Storage (212) 785-0900, ext. 267 Email Contact Investor Relations Contact: Ron Both Encore Investor Relations Tel (949) 432-7557 Email Contact SOURCE: Global Self Storage View the original press release on ACCESS Newswire

MILLBROOK, NY / ACCESS Newswire / December 1, 2025 / Global Self Storage, Inc. (NASDAQ:SELF), a real estate investment trust that owns, operates, manages, acquires, and redevelops self-storage properties, has declared a cash dividend of $0.0725 per common share for the fourth quarter of 2025. The dividend is payable on December 30, 2025, to stockholders of record as of December 15, 2025. Company Objective The objective of the company is to increase value over time for the benefit of its stockholders. Toward this end, the company will continue to execute its strategic business plan, which includes funding acquisitions, either directly or through joint ventures, and expansion projects at its existing properties. The company's board of directors regularly reviews the strategic business plan, with emphasis on capital formation, debt versus equity ratios, dividend policy, use of capital and debt, FFO and AFFO performance, and optimal cash levels. The management of Global Self Storage believes that the company's continued operational performance and capital resources position it well to continue executing its strategic business plan. About Global Self Storage Global Self Storage is a self-administered and self-managed REIT that owns, operates, manages, acquires, and redevelops self-storage properties. The company's self-storage properties are designed to offer affordable, easily accessible and secure storage space for residential and commercial customers. Through its wholly owned subsidiaries, the company owns and/or manages 13 self-storage properties in Connecticut, Illinois, Indiana, New York, Ohio, Pennsylvania, South Carolina, and Oklahoma. For more information, go to ir.globalselfstorage.us or visit the company's customer site at www.globalselfstorage.us. You can also follow Global Self Storage on X, LinkedIn and Facebook. Cautionary Note Regarding Forward Looking Statements Certain information presented in this press release may contain "forward-looking statements" within the meaning of the federal securities laws including, but not limited to, the Private Securities Litigation Reform Act of 1995. Forward looking statements include statements concerning the company's plans, objectives, goals, strategies, future events, future revenues or performance, capital expenditures, financing needs, plans or intentions, and other information that is not historical information. In some cases, forward looking statements can be identified by terminology such as "believes," "plans," "intends," "expects," "estimates," "may," "will," "should," "anticipates," or the negative of such terms or other comparable terminology, or by discussions of strategy. All forward-looking statements by the company involve known and unknown risks, uncertainties and other factors, many of which are beyond the control of the company, which may cause the company's actual results to be materially different from those expressed or implied by such statements. The company may also make additional forward looking statements from time to time. All such subsequent forward-looking statements, whether written or oral, by the company or on its behalf, are also expressly qualified by these cautionary statements. Investors should carefully consider the risks, uncertainties, and other factors, together with all of the other information included in the company's filings with the Securities and Exchange Commission, and similar information. All forward-looking statements, including without limitation, the company's examination of historical operating trends and estimates of future earnings, are based upon the company's current expectations and various assumptions. The company's expectations, beliefs and projections are expressed in good faith, but there can be no assurance that the company's expectations, beliefs and projections will result or be achieved. All forward looking statements apply only as of the date made. The company undertakes no obligation to publicly update or revise forward looking statements which may be made to reflect events or circumstances after the date made or to reflect the occurrence of unanticipated events. The amount, nature, and/or frequency of dividends paid by the company may be changed at any time without notice. Company Contact: Thomas O'Malley Chief Financial Officer Global Self Storage (212) 785-0900, ext. 267 Email Contact Investor Relations Contact: Ron Both Encore Investor Relations Tel (949) 432-7557 Email Contact SOURCE: Global Self Storage View the original press release on ACCESS Newswire

Shares of Global Self Storage, Inc. SELF have gained 1.2% since the company reported its earnings for the quarter ended Sept. 30, 2025, lagging the S&P 500 Index’s 1.9% advance over the same period. Over the past month, the stock has been up 2.1% compared with the broader market’s 3.5% growth. In the third quarter of 2025, Global Self Storage posted modest top-line growth but materially lower earnings versus a year earlier. Total revenues edged up 0.8% to $3.23 million from $3.20 million, driven primarily by higher occupancy and continued execution of the company’s revenue rate management program. Net income fell 58% to $0.5 million, or $0.04 per diluted share, from $1.2 million, or $0.10 per diluted share, in the prior-year quarter, reflecting higher operating expenses and a swing to an unrealized loss on marketable equity securities from a sizable gain a year ago. Funds from operations (FFO) declined 8% to $1 million, or $0.09 per diluted share, from $1.1 million, or $0.10 per diluted share, while adjusted FFO (AFFO) decreased 6% to $1.1 million, or $0.10 per diluted share, from $1.2 million, or $0.10 per diluted share. On a same-store basis, revenues also rose 0.8% to a record $3.21 million from $3.18 million, but same-store cost of operations climbed 7.4% to $1.24 million from $1.15 million, leading to a 2.9% decline in same-store net operating income (NOI) to $1.9 million from $2 million. Despite the earnings pressure, operating metrics remained solid. Same-store occupancy as of Sept. 30, 2025, increased 170 basis points year over year to 93.2% from 91.5% year over year, which management characterized as “sector-leading” growth. The average tenant duration of stay reached a record 3.5 years compared with 3.4 years a year earlier, underscoring a base of relatively long-tenured customers. For the first nine months of 2025, total revenues grew 2.2% year over year to a record $9.5 million from $9.3 million. Same-store revenues increased 2.1%, and same-store NOI rose 2.2% to a record $5.9 million from $5.7 million, showing that expense pressure was more pronounced in the latest quarter than over the year-to-date period. Over the same nine-month span, FFO increased 7.5% to $3.1 million, or $0.27 per diluted share, from $2.9 million, or $0.26 per diluted share, and AFFO rose 8.4% to $3.3 million, or $0.30 per diluted share, from $3.1 million, or $0.28 per diluted share, reflecting stronger performance earlier in the year and lower interest expense. SELF maintained its quarterly dividend at $0.0725 per share, unchanged from both the prior quarter and the year-ago period, corresponding to an annualized rate of $0.29 per share. Management noted that AFFO covered the dividend. Capital resources totaled about $24.8 million at quarter-end, including $7.5 million in cash, cash equivalents and restricted cash, $2.5 million in marketable securities and $14.8 million available under the revolving credit facility, providing balance sheet flexibility for growth initiatives. Global Self Storage, Inc. price-consensus-eps-surprise-chart | Global Self Storage, Inc. Quote Management framed the quarter as a mix of record-high revenues and sector-leading occupancy gains, offset by higher costs. In its commentary, Global Self Storage highlighted continued operational excellence and emphasized its focus on high-quality, long-term tenants in markets with limited new supply and relatively less professional competition. Management also pointed to gradual improvement in market fundamentals, citing stabilization in move-in rental rates and muted development of new self-storage supply in the company’s markets. SELF reiterated its reliance on a proprietary revenue rate management program, which uses regular competitive price checks to adjust in-place and new-lease rents. This approach, together with marketing initiatives targeting high-quality, long-term tenants, is intended to support both occupancy and rent per unit over time. The modest revenue growth contrasted with much faster expense inflation. Store operating expenses rose 7.4%, primarily due to higher utilities, employment costs and one-time repairs and maintenance. General and administrative expenses increased 8.4% year over year, mainly reflecting higher one-time professional fees, and business development costs jumped from $2,012 to $22,286 as Global Self Storage pursued capital raising and acquisition opportunities. On the revenue side, rental income increased 0.9% year over year, supported by higher occupancy and existing-tenant rent increases, while other property-related income declined 3.3%, partly due to a promotion offering complimentary locks to new tenants that reduced merchandise sales. Interest expense on debt decreased 19.4% versus the prior-year quarter, thanks to the change in the mark-to-market of SELF’s interest rate cap, but this benefit was more than offset by a swing from a $499,283 unrealized gain on marketable equity securities in the prior-year quarter to a $98,704 unrealized loss in the current period. Management’s qualitative outlook, while not formal numerical guidance, points to ongoing cost pressure. Global Self Storage currently expects moderate increases in direct store costs, as well as inflationary increases in utilities and certain other operating expenses, partially offset by energy-efficiency initiatives such as LED lighting upgrades. From a strategic and corporate activity standpoint, Global Self Storage continued to evaluate acquisition and development opportunities but did not close any property or portfolio acquisitions during the three and nine months ended Sept. 30, 2025. The company’s third-party management platform, Global MaxManagement, oversaw one rebranded property in Edmond, OK, providing a potential pipeline for future acquisitions and an additional revenue stream. SELF also maintained access to external growth capital through an at-the-market equity program established earlier in 2025, which allows it to issue up to $15 million of common stock through a sales agent as market conditions and investment opportunities warrant. There were no noted divestitures, business restructurings or material legal proceedings during the quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Global Self Storage, Inc. (SELF): Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Record-High Revenues with Sector-Leading Occupancy Growth Driven by Continued Operational Excellence MILLBROOK, NY / ACCESS Newswire / November 7, 2025 / Global Self Storage, Inc. (NASDAQ:SELF), a real estate investment trust that owns, operates, manages, acquires, and redevelops self-storage properties, reported results for the third quarter ended September 30, 2025. All comparisons are to the same year-ago period unless otherwise noted. Q3 2025 Highlights Total revenues increased 0.8% to a record $3.2 million. Net income decreased to $496,000 or $0.04 per diluted share from $1.2 million or $0.10 per diluted share. Same-store revenues increased 0.8% to a record $3.2 million. Same-store cost of operations increased 7.4% to $1.2 million. Same-store net operating income (NOI)decreased 3.0% to $2.0 million (see definition of this and other non-GAAP measures and their reconciliation to GAAP, below). Same-store occupancy at September 30, 2025 increased a sector-leading 170 basis points to 93.2% from 91.5% at September 30, 2024. Same-store average tenant duration of stay at September 30, 2025 was a record-high at approximately 3.5 years, compared to approximately 3.4 years at September 30, 2024. Funds from operations (FFO), a non-GAAP measure, decreased 8.0% to $1.0 million or $0.09 per diluted share. Adjusted FFO (AFFO), a non-GAAP measure, decreased 6.0% to $1.1 million or $0.10 per diluted share. Maintained and covered quarterly dividend of $0.0725 per common share. Capital resources at September 30, 2025 totaled approximately $24.8 million, comprised of $7.5 million in cash, cash equivalents and restricted cash; $2.5 million in marketable securities; and $14.8 million available under the company's revolving credit facility. First Nine Months 2025 Highlights Total revenues increased 2.2% to a record $9.5 million. Net income decreased to $1.7 million or $0.15 per diluted share from $2.0 million or $0.18 per diluted share. Same-store revenues increased 2.1% to a record $9.5 million. Same-store cost of operations increased 2.0% to $3.6 million. Same-store NOI increased 2.2% to a record $5.9 million. FFO increased 7.5% to $3.1 million or $0.27 per diluted share. AFFO increased 8.4% to $3.3 million or $0.30 per diluted share. Maintained and covered dividend of $0.2175 per common share. Dividend On September 2, 2025, the company declared a quarterly dividend of $0.0725 per share, consistent with the quarterly dividend for the year-ago period and previous quarter. The quarterly distribution represents an annualized dividend rate of $0.29 per share. Company Objective The objective of Global Self Storage is to increase value over time for the benefit of its stockholders. Toward this end, the company will continue to execute its strategic business plan, which includes funding acquisitions, either directly or through joint ventures, and expansion projects at its existing properties. The company's board of directors regularly reviews the strategic business plan, with emphasis on capital formation, debt versus equity ratios, dividend policy, use of capital and debt, FFO and AFFO performance, and optimal cash levels. The management of Global Self Storage believes that the company's continued operational performance and capital resources position it well to continue executing its strategic business plan. Management Commentary "In Q3, we continued to produce growth in same-store revenue and occupancy, despite the competitive move-in rate environment," said president and CEO of Global Self Storage, Mark C. Winmill. "We are pleased to deliver another quarter of year-over-year revenue growth as market fundamentals continue to gradually improve. "Our same-store occupancy increased year over year by a sector-leading 1.7 percentage points to reach 93.2% at quarter end. This strong occupancy growth was primarily driven by the continued success of our targeted marketing program and focus on providing an exceptional customer experience. These efforts also resulted in an increase to our same-store average tenant duration of stay to a record-high at approximately 3.5 years. "Our growth in same-store revenue and occupancy demonstrates our brand strength, built on high customer satisfaction as evidenced by our outstanding customer reviews and reputation for consistently providing exceptional customer service. "We remain confident that our professional management techniques will continue to optimize occupancy, revenue generation and NOI in our self-storage portfolio. We also believe our clean, safe and hassle-free rental process delivers the best customer experience in the industry, and that our proven marketing strategies will continue to draw high-quality tenants that drive favorable stockholder returns. "Our strong balance sheet, with about $24.8 million in capital resources, positions us well to execute our strategic business plan. This plan includes growth through acquisitions, joint ventures, and expansion in select markets that exhibit limited supply growth and less professional competition. "As we finish the year, we are seeing gradual improvement of market fundamentals in the form of move-in rate stabilization and muted development of new supply in the markets where we operate. As we execute our strategic business plan, we believe that our unique focus on high-quality tenants in select markets, disciplined acquisition strategy, focus on expense control, and commitment to delivering a best-in-class customer experience will continue to drive value for our stockholders." Q3 2025 Financial Summary Total revenues increased 0.8% to a record $3.2 million in the third quarter of 2025, with the increase due primarily to an increase in occupancy and continued execution of the company's proprietary revenue rate management program. Total operating expenses increased 7.3% to $2.5 million compared to $2.3 million in the same year-ago period. The increase was primarily attributable to an increase of store operating expenses and an increase in one-time general and administrative expenses. Operating income decreased 17% to $728,000, compared to $873,000 in the same period last year, with the decrease a result of the operating effects noted above. Net income totaled $496,000 or $0.04 per diluted share from $1.2 million or $0.10 per diluted share in the same year-ago period. Capital resources as of September 30, 2025, totaled approximately $24.8 million, comprised of $7.5 million in cash, cash equivalents and restricted cash and $2.5 million in marketable securities, with $14.8 available under the company's revolving credit facility. Q3 2025 Same-Store Results As of September 30, 2025, the company owned 12 same-store properties and managed a single third party owned property. There were no non-same-store properties. For the third quarter of 2025, same-store revenues increased 0.8% to a record $3.2 million compared to the same period last year. Same-store cost of operations increased 7.4% to $1.24 million compared to $1.15 million in the same period last year. The increase was primarily due to increased expenses for utilities, employment costs, and one-time repairs and maintenance. Same-store NOI decreased 3.0% to $1.97 million compared to $2.03 million in the same period last year. The decrease was primarily due to an increase in store operating expenses. Same-store occupancy at September 30, 2025, increased 170 basis points to 93.2% from 91.5% at September 30, 2024. Same-store average tenant duration of stay at September 30, 2025, was approximately 3.5 years, compared to approximately 3.4 years as of September 30, 2024. Q3 2025 Operating Results Net income in the third quarter of 2025 was $496,000 or $0.04 per diluted share compared to $1.2 million or $0.10 per diluted share in the third quarter of 2024. Property operations expenses increased to $1.24 million from $1.15 million in the same period last year. General and administrative expenses increased to $826,000 from $762,000 in the same year-ago period. Business development costs increased to $22,286 for the quarter from $2,012 in the same year-ago period. Interest expense decreased to $209,000 from $259,000 in the same year-ago period. This decrease was primarily attributable to the change in the mark-to-market of the interest rate cap. FFO decreased 8.0% to $1.0 million or $0.09 per diluted share for the quarter compared to FFO of $1.1 million or $0.10 per diluted share in the same period last year. AFFO decreased 6.0% to $1.1 million or $0.10 per diluted share compared to AFFO of $1.2 million or $0.10 per diluted share in the same period last year. First Nine Months 2025 Financial Summary For the first nine months of 2025, total revenues increased 2.2% to $9.5 million, compared to $9.3 million in the same period last year. This increase was due primarily to an increase in occupancy and existing tenant rates under the company's proprietary revenue rate management program. Total operating expenses in the first nine months of 2025 increased 0.3% to $7.3 million, compared to $7.2 million in the same period last year. The increase was primarily attributable to an increase in store-level operating expenses, including increased expenses for utilities and one-time repairs and maintenance. Operating income increased 8.6% to $2.3 million in the first nine months of 2025, as compared to $2.1 million in the same period last year. Net income was $1.7 million or $0.15 per diluted share in the first nine months of 2025, as compared to $2.0 million or $0.18 per diluted share in the same period last year. First Nine Months 2025 Same-Store Results For the first nine months of 2025, same-store revenues increased 2.1% to $9.5 million compared to $9.3 million in the same period last year. This increase was due primarily to an increase in occupancy and existing tenant rates under the company's proprietary revenue rate management program. Same-store cost of operations in the first nine months increased 2.0% to $3.63 million compared to $3.56 million in the same period last year. This increase in same-store cost of operations was due primarily to increased expenses for utilities, employment costs, and one-time repairs and maintenance. Same-store NOI increased 2.2% to $5.9 million in the first nine months of 2025, compared to $5.7 million in the same period last year. The increase was primarily due to an increase in revenues. For a reconciliation of net income to same-store NOI see, "Reconciliation of GAAP Net Income to Same-Store Net Operating Income," below. First Nine Months 2025 Operating Results Net income in the first nine months of 2025 was $1.7 million or $0.15 per diluted share, compared to $2.0 million or $0.18 per diluted share in the first nine months of 2024. Property operations expenses increased to $3.63 million in the first nine months of 2025, as compared to $3.56 million in the same period last year. General and administrative expenses decreased to $2.4 million in the first nine months of 2025, as compared to $2.46 million in the same period last year. Business development costs increased to $22,286 in the first nine months of 2025 compared to $4,287 in the same period last year. Interest expense for the first nine months of 2025 decreased to $647,000 from $676,000 in the year-ago period. This decrease was primarily attributable to the change in mark-to-market of the interest rate cap and lower amortization of issuance costs which were partially offset by the change in payments under the interest rate cap received in the prior year. FFO in the first nine months of 2025 increased 7.5% to $3.1 million or $0.27 per diluted share, compared to FFO of $2.9 million or $0.26 per diluted share in the same period last year. AFFO in the first nine months of 2025 increased 8.4% to $3.3 million or $0.30 per diluted share, compared to AFFO of $3.1 million or $0.28 per diluted share in the same period last year. Q3 2025 and First Nine Months FFO and AFFO (Unaudited) Additional Information Additional information about the company's third quarter of 2025 results, including financial statements and related notes, is available on Form 10-Q as filed with the U.S. Securities and Exchange Commission and on the company's investor relations website. About Global Self Storage Global Self Storage is a self-administered and self-managed REIT that owns, operates, manages, acquires, and redevelops self-storage properties. The company's self-storage properties are designed to offer affordable, easily accessible and secure storage space for residential and commercial customers. Through its wholly owned subsidiaries, the company owns and/or manages 13 self-storage properties in Connecticut, Illinois, Indiana, New York, Ohio, Pennsylvania, South Carolina, and Oklahoma. For more information, go to ir.globalselfstorage.us or visit the company's customer site at www.globalselfstorage.us. You can also follow Global Self Storage on X, LinkedIn and Facebook. Non-GAAP Financial Measures Funds from Operations ("FFO") and FFO per share are non-GAAP measures defined by the National Association of Real Estate Investment Trusts ("NAREIT") and are considered helpful measures of REIT performance by REITs and many REIT analysts. NAREIT defines FFO as a REIT's net income, excluding gains or losses from sales of property, and adding back real estate depreciation and amortization. The Company also excludes changes in unrealized gains or losses on marketable equity securities. FFO and FFO per share are not a substitute for net income or earnings per share. FFO is not a substitute for GAAP net cash flow in evaluating our liquidity or ability to pay dividends, because it excludes financing activities presented on our statements of cash flows. In addition, other REITs may compute these measures differently, so comparisons among REITs may not be helpful. However, the Company believes that to further understand the performance of its stores, FFO should be considered along with the net income and cash flows reported in accordance with GAAP and as presented in the Company's financial statements. Adjusted FFO ("AFFO") and AFFO per share are non-GAAP measures that represent FFO and FFO per share excluding the effects of stock-based compensation, business development, capital raising, and acquisition related costs and non-recurring items, which we believe are not indicative of the Company's operating results. AFFO and AFFO per share are not a substitute for net income or earnings per share. AFFO is not a substitute for GAAP net cash flow in evaluating our liquidity or ability to pay dividends, because it excludes financing activities presented on our statements of cash flows. We present AFFO because we believe it is a helpful measure in understanding our results of operations insofar as we believe that the items noted above that are included in FFO, but excluded from AFFO, are not indicative of our ongoing operating results. We also believe that the analyst community considers our AFFO (or similar measures using different terminology) when evaluating us. Because other REITs or real estate companies may not compute AFFO in the same manner as we do, and may use different terminology, our computation of AFFO may not be comparable to AFFO reported by other REITs or real estate companies. However, the Company believes that to further understand the performance of its stores, AFFO should be considered along with the net income and cash flows reported in accordance with GAAP and as presented in the Company's financial statements. We believe net operating income or "NOI" is a meaningful measure of operating performance because we utilize NOI in making decisions with respect to, among other things, capital allocations, determining current store values, evaluating store performance, and in comparing period-to-period and market-to-market store operating results. In addition, we believe the investment community utilizes NOI in determining operating performance and real estate values and does not consider depreciation expense because it is based upon historical cost. NOI is defined as net store earnings before general and administrative expenses, interest, taxes, depreciation, and amortization. NOI is not a substitute for net income, net operating cash flow, or other related GAAP financial measures, in evaluating our operating results. Same-Store Self Storage Operations Definition We consider our same-store portfolio to consist of only those stores owned and operated on a stabilized basis at the beginning and at the end of the applicable periods presented. We consider a store to be stabilized once it has achieved an occupancy rate that we believe, based on our assessment of market-specific data, is representative of similar self storage assets in the applicable market for a full year measured as of the most recent January 1 and has not been significantly damaged by natural disaster or undergone significant renovation or expansion. We believe that same-store results are useful to investors in evaluating our performance because they provide information relating to changes in store-level operating performance without taking into account the effects of acquisitions, dispositions, or new ground-up developments. At September 30, 2025, we owned twelve same-store properties and zero non same-store properties. The Company believes that by providing same-store results from a stabilized pool of stores, with accompanying operating metrics including, but not limited to, variances in occupancy, rental revenue, operating expenses, and NOI, stockholders and potential investors are able to evaluate operating performance without the effects of non-stabilized occupancy levels, rent levels, expense levels, acquisitions, or completed developments. Same-store results should not be used as a basis for future same-store performance or for the performance of the Company's stores as a whole. Cautionary Note Regarding Forward Looking Statements Certain information presented in this report may contain "forward-looking statements" within the meaning of the federal securities laws including the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning our plans, objectives, goals, strategies, future events, future revenues or performance, capital expenditures, financing needs, plans or intentions relating to acquisitions and other information that is not historical information. In some cases, forward-looking statements can be identified by terminology such as "believes," "plans," "intends," "expects," "estimates," "may," "will," "should," or "anticipates" or the negative of such terms or other comparable terminology, or by discussions of strategy. All forward-looking statements made by the Company involve known and unknown risks, uncertainties and other factors, many of which are beyond the control of the Company, which may cause the Company's actual results to be materially different from those expressed or implied by such statements. We may also make additional forward-looking statements from time to time. All such subsequent forward-looking statements, whether written or oral, by us or on our behalf, are also expressly qualified by these cautionary statements. All forward-looking statements, including without limitation, management's examination of historical operating trends and estimates of future earnings, are based upon our current expectations and various assumptions. Our expectations, beliefs and projections are expressed in good faith and we believe there is a reasonable basis for them, but there can be no assurance that management's expectations, beliefs and projections will result or be achieved. All forward-looking statements apply only as of the date made. Except as required by law, we undertake no obligation to publicly update or revise forward-looking statements which may be made to reflect events or circumstances after the date made or to reflect the occurrence of unanticipated events. The amount, nature, and/or frequency of dividends paid by the company may be changed at any time without notice. Company Contact: Thomas O'Malley Chief Financial Officer Global Self Storage Tel (212) 785-0900, ext. 267 Email Contact Investor Relations Contact: Ron Both Encore Investor Relations Tel (949) 432-7557 Email Contact GLOBAL SELF STORAGE, INC. CONSOLIDATED BALANCE SHEETS (Unaudited) GLOBAL SELF STORAGE, INC. CONSOLIDATED STATEMENTS OF OPERATIONS and COMPREHENSIVE INCOME (Unaudited) Reconciliation of GAAP Net Income to Same-Store Net Operating Income The following table presents a reconciliation of same-store net operating income to net income as presented on our consolidated statements of operations for the periods indicated (unaudited): SOURCE: Global Self Storage View the original press release on ACCESS Newswire