Last quarter (Q3 2023), Innovative Industrial Properties's total revenue was $77.83M, an increase of 9.80% from the same quarter last year. In Q3, Innovative Industrial Properties's net income was $41.26M. See Innovative Industrial Properties’s key income statements, including revenue, expenses, profit, and income.

Income Statement	TTM	Dec 22	Dec 21	Dec 20	Dec 19	Dec 18
Total Revenue	$ 299.74M	$ 276.36M	$ 204.55M	$ 116.90M	$ 44.67M	$ 14.79M
Cost of Revenue	$ -355.63M	-	$ -384.15M	$ 4.95M	$ 1.31M	$ 445.00K
Gross Profit	$ 299.20M	$ 276.36M	$ 204.55M	$ 111.94M	$ 43.35M	$ 14.34M
Operating Expense	$ 69.90M	$ 110.34M	$ 69.18M	$ 42.21M	$ 18.42M	$ 9.00M
Operating Income	$ 169.66M	$ 169.62M	$ 135.37M	$ 69.74M	$ 24.93M	$ 5.34M
Net Non Operating Interest Income Expense	$ -9.43M	$ -11.51M	$ -17.69M	$ -4.01M	$ -1.46M	$ 1.65M
Other Income Expense	$ -5.75M	$ -1.86M	$ 3.69M	-	-	-
Pretax Income	$ 165.44M	$ 154.39M	$ 113.99M	$ 65.73M	$ 23.48M	$ 6.99M
Tax Provision	-	-	-	-	-	-
Earnings From Equity Interest Net Of Tax	-	-	-	-	-	-
Net Income Common Stockholders	$ 164.11M	$ 153.03M	$ 112.64M	$ 63.87M	$ 21.73M	$ 5.46M
Basic EPS	$ 5.83	$ 5.57	$ 4.69	$ 3.28	$ 2.06	$ 0.76
Diluted EPS	$ 5.78	$ 5.52	$ 4.55	$ 3.27	$ 2.03	$ 0.75
Basic Average Shares	$ 111.26M	$ 27.35M	$ 23.90M	$ 19.44M	$ 10.55M	$ 7.14M
Diluted Average Shares	$ 112.41M	$ 27.66M	$ 26.26M	$ 19.56M	$ 10.68M	$ 7.29M
Dividend Per Share	-	-	-	$ 4.47	$ 2.83	$ 1.20
Total Operating Income As Reported	-	-	-	-	-	-
Reported Normalized Basic E P S	-	-	-	-	-	-
Reported Normalized Diluted E P S	-	-	-	-	-	-
Rent Expense Supplemental	-	-	-	-	-	-
Total Expenses	$ -285.74M	$ 110.34M	$ -314.97M	$ 47.16M	$ 19.73M	$ 9.45M
Net Income From Continuing And Discontinued Operation	$ 165.46M	$ 154.39M	$ 113.99M	$ 65.73M	$ 23.48M	$ 6.99M
Normalized Income	$ 65.46M	$ 121.96M	-	$ 65.73M	$ 23.48M	$ 6.99M
Interest Expense	-	-	-	$ 6.48M	$ 5.53M	$ 0.00
EBIT	$ 181.50M	$ 172.69M	$ 132.08M	$ 72.21M	$ 29.00M	$ 6.99M
EBITDA	$ 183.35M	$ 233.09M	$ 176.36M	$ 100.24M	$ 37.60M	$ 9.61M

Currency in USD

Innovative Industrial Properties Earnings and Revenue History

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