Innovative Industrial Pro... (IIPR)
NYSE: IIPR
· Real-Time Price · USD
55.87
2.29 (4.27%)
At close: Oct 15, 2025, 3:59 PM
55.96
0.15%
After-hours: Oct 15, 2025, 07:58 PM EDT
Innovative Industrial Properties Income Statement
Financials in USD. Fiscal
year is
January - December.
| Fiscal Year | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
| Period Ending | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
Revenue | 308.52M | 309.51M | 276.36M | 204.55M |
Cost of Revenue | 28.47M | 24.89M | 10.52M | 4.44M |
Gross Profit | 280.05M | 284.61M | 265.84M | 200.11M |
Operating Income | 168.34M | 174.59M | 169.62M | 135.37M |
Interest Income | 10.99M | 7.08M | 3.19M | 397K |
Pretax Income | 161.65M | 165.59M | 154.39M | 113.99M |
Net Income | 161.66M | 165.59M | 154.39M | 113.99M |
Selling & General & Admin | 37.44M | 42.83M | 38.52M | 22.96M |
Research & Development | n/a | n/a | 0.56 | 0.56 |
Other Expenses | 74.26M | 67.19M | 61.3M | 41.78M |
Operating Expenses | 111.7M | 110.03M | 99.82M | 64.74M |
Interest Expense | 16.26M | 16.1M | 18.3M | 18.09M |
Selling & Marketing Expenses | n/a | n/a | n/a | n/a |
Cost & Expenses | 140.17M | 134.92M | 110.34M | 69.18M |
Income Tax Expense | n/a | n/a | n/a | n/a |
Shares Outstanding (Basic) | 28.23M | 27.98M | 27.35M | 23.9M |
Shares Outstanding (Diluted) | 28.53M | 28.26M | 27.66M | 26.26M |
EPS (Basic) | 5.58 | 5.82 | 5.57 | 4.69 |
EPS (Diluted) | 5.52 | 5.77 | 5.52 | 4.55 |
EBITDA | 248.72M | 248.88M | 230.92M | 177.15M |
EBIT | 177.91M | 181.68M | 171.34M | 130.37M |
Depreciation & Amortization | 70.81M | 67.19M | 110.34M | 69.18M |
Source: Financial Modeling Prep. Financial Sources.