Business · Companies · 5 hrs ago
StorageVault reports year-to-date growth and raises dividend
StorageVault reported higher third-quarter revenue and net operating income in 2026, compared with the same quarter a year earlier.
The Canadian company said revenue reached $94.2 million, up from $88.5 million, while net operating income rose to $64.5 million from $60.2 million.
Year-to-date revenue rose 9% and net operating income rose 8.7%, the company said.
Adjusted funds from operations per share, a measure of cash available to the business, increased 7.8% year to date.
StorageVault also increased its dividend, but the announcement provided no amount in the available text.
The company said customer demand remained strong despite tougher economic and competitive conditions, and pointed to strong customer leads and a healthy acquisition pipeline.
It plans to focus on performance through the rest of 2026, though no specific next steps were detailed.
StorageVault Canada reported year-to-date revenue growth of 9.0% and net operating income growth of 8.7% in its third-quarter 2026 results.
Year-to-date adjusted funds from operations per share rose 7.8%.
Third-quarter revenue was $94.2 million, up from $88.5 million in the same quarter of 2025.
Third-quarter net operating income increased to $64.5 million from $60.2 million.
The company also announced an increase to its dividend, but the amount was not stated in the article.
- Who
- StorageVault Canada Inc.
- What
- The company reported year-to-date growth in revenue, net operating income and adjusted funds from operations per share, and increased its dividend.
- When
- The results were announced on October 21, 2026, for the third quarter of 2026.
- Where
- Toronto, Canada.
- Why
- StorageVault said strong customer demand and disciplined revenue management supported growth.
This story does not have two clearly opposing sides.
StorageVault reported revenue of $88.5 million and net operating income of $60.2 million for the quarter.
Revenue reached $94.2 million and net operating income reached $64.5 million.
StorageVault announced its third-quarter results and an increase to its dividend.
- Year-to-date revenue growth
- 9.0%
- Year-to-date NOI growth
- 8.7%
- Year-to-date AFFO per share growth
- 7.8%
- Q3 2026 revenue
- $94.2 million
- Q3 2026 net operating income
- $64.5 million
What people are saying
StorageVault delivered positive third quarter results, with year to date revenue up 9.0%, NOI up 8.7%, and AFFO per share up 7.8%.