Innovative Industrial Properties (IIPR)

Innovative Industrial Properties (IIPR) Income Statement


Innovative Industrial Properties Income Statement

Last quarter (Q1 2024), Innovative Industrial Properties's total revenue was $75.45M, a decrease of -0.10% from the same quarter last year. In Q1, Innovative Industrial Properties's net income was $39.09M. See Innovative Industrial Properties’s key income statements, including revenue, expenses, profit, and income.
Income Statement
Dec 23Dec 22Dec 21Dec 20Dec 19
Total Revenue
$ 308.36M$ 309.51M$ 276.36M$ 204.55M$ 116.90M$ 44.67M
Cost of Revenue
$ 7.19M$ 24.89M-$ -384.15M$ 4.95M$ 1.31M
Gross Profit
$ 301.16M$ 284.61M$ 276.36M$ 204.55M$ 111.94M$ 43.35M
Operating Expense
$ 135.63M$ 110.03M$ 110.34M$ 69.18M$ 42.21M$ 18.42M
Operating Income
$ 172.72M$ 174.59M$ 169.62M$ 135.37M$ 69.74M$ 24.93M
Net Non Operating Interest Income Expense
$ -9.34M$ -9.02M$ -11.51M$ -17.69M$ -4.01M$ -1.46M
Other Income Expense
$ -2.16M$ 22.00K$ -1.86M$ 3.69M--
Pretax Income
$ 163.92M$ 165.59M$ 154.39M$ 113.99M$ 65.73M$ 23.48M
Tax Provision
Earnings From Equity Interest Net Of Tax
Net Income Common Stockholders
$ 162.20M$ 162.75M$ 153.03M$ 112.64M$ 63.87M$ 21.73M
Basic EPS
$ 4.28$ 5.82$ 5.57$ 4.69$ 3.28$ 2.06
Diluted EPS
$ 4.25$ 5.77$ 5.52$ 4.55$ 3.27$ 2.03
Basic Average Shares
$ 84.11M$ 27.98M$ 27.35M$ 23.90M$ 19.44M$ 10.55M
Diluted Average Shares
$ 84.98M$ 28.26M$ 27.66M$ 26.26M$ 19.56M$ 10.68M
Dividend Per Share
$ 1.82---$ 4.47$ 2.83
Total Operating Income As Reported
Reported Normalized Basic E P S
Reported Normalized Diluted E P S
Rent Expense Supplemental
Total Expenses
$ 65.23M$ 134.92M$ 110.34M$ -314.97M$ 47.16M$ 19.73M
Net Income From Continuing And Discontinued Operation
$ 163.92M$ 165.59M$ 154.39M$ 113.99M$ 65.73M$ 23.48M
Normalized Income
$ 104.50M-$ 121.96M-$ 65.73M$ 23.48M
Interest Expense
----$ 6.48M$ 5.53M
$ 135.48M$ 181.68M$ 172.69M$ 132.08M$ 72.21M$ 29.00M
$ 123.02M$ 248.88M$ 233.09M$ 176.36M$ 100.24M$ 37.60M
Currency in USD

Innovative Industrial Properties Earnings and Revenue History

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