Name: IIPR Income Statement - Innovative Industrial Properties Revenue & EPS | Ledgeburg
Creator: Ledgeburg
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Revenue, Cost of Revenue, Gross Profit, Operating Expenses, Operating Income, Net Income, EPS Basic, EPS Diluted

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IIPR - Innovative Industrial Properties Inc.

USD | NYSE | Real Estate

IIPR Income Statement - Innovative Industrial Properties Revenue & EPS | Ledgeburg

(in millions of USD, except per-share data)	Q1 FY 26	Q4 FY 25	Q3 FY 25	Q2 FY 25	Q1 FY 25	Q4 FY 24	Q3 FY 24	Q2 FY 24	Q1 FY 24	Q4 FY 23	Q3 FY 23	Q2 FY 23	Q1 FY 23	Q4 FY 22	Q3 FY 22	Q2 FY 22	Q1 FY 22	Q4 FY 21	Q3 FY 21	Q2 FY 21	Q1 FY 21	Q4 FY 20	Q3 FY 20	Q2 FY 20	Q1 FY 20	Q4 FY 19	Q3 FY 19	Q2 FY 19	Q1 FY 19	Q4 FY 18	Q3 FY 18	Q2 FY 18	Q1 FY 18	Q4 FY 17	Q3 FY 17	Q2 FY 17	Q1 FY 17
Revenues
Revenues	69.0	66.7	64.7	62.9	71.7	76.7	76.5	79.8	75.5	79.2	77.8	76.5	76.1	70.5	70.9	70.5

Source: SEC EDGAR company filings. Figures as reported (US GAAP)

(in millions of USD, except per-share data)	TTM	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017
Revenues
Revenues	263.2	266.0	308.5	309.5	276.4	204.6	116.9	44.7	14.8	6.4
Cost of Revenue	-	-	-	-	-	-	-	-	-	-
Gross Profit	-	-	-	-	-	-	-	-	-	-
Operating Expenses
Research & Development	-	-	-	-	-	-	-	-	-	-
Selling General & Administrative	-	-	-
Operating Income
Operating Income	123.1	124.1	168.3	174.6	169.6	135.4	69.7	24.9	5.3	(0.2)
Non-Operating
Interest Income	-	-	11.0	8.4	3.2	-	-	-	-	0.2
Interest Expense	22.1	20.2	17.7	17.5
Tax & Net
Income Tax Expense	-	-	-	-	-	-	-	-	-	-
Net Income From Continuing Ops	120.0	118.2	161.7
Per Share
EPS Basic	4.08	3.98	5.58	5.82	5.57	4.69	3.28	2.06	0.76	(0.13)
EPS Diluted	4.01	3.93	5.52	5.77
Supplementary Data
EBITDA	197.3	198.2	239.2	241.8	230.9	177.1	97.8	33.5	8.0	0.7
EBIT	123.1	124.1	168.3	174.6

Source: SEC EDGAR company filings. Figures as reported (US GAAP)

Operating Expenses
Research & Development	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Selling General & Administrative	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Selling & Marketing	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
General & Administrative	10.3	8.0	8.7	8.6	8.5	8.9	9.3	9.7	9.6	10.9	11.0	10.6	10.4	10.2	10.8	8.7	8.8
Depreciation & Amortization	18.6	18.5	18.6	18.5	18.4	18.2	17.9	17.5	17.2	17.1	16.7	16.7	16.7	16.3	15.9	15.2
Amortization of Intangibles	-	-	-	-	-	-	-	0.0	-	-	-	-	-	-	-	-	-
Other Operating Expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Operating Expenses	36.5	34.5	35.3	34.0	37.8	34.7	34.6	34.0	33.4	35.2	34.0	33.0	32.7	29.8	29.5	26.4

Operating Income
Operating Income	32.9	31.8	29.4	28.9	34.0	42.0	42.0	42.3	42.0	44.0	43.8	43.4	43.4	44.2	41.4	44.1	39.9	38.5	36.3	32.9	27.7	22.9	20.4	14.2	12.3	10.6	6.8	4.1	3.4	1.8	1.6	1.2	0.7	0.6	0.3	(0.5)	(0.6)

Non-Operating
Interest Income	-	-	-	1.6	1.6	2.6	2.7	4.0	1.8	1.8	2.1	2.3	2.2	-	-	-	-	-	-	-	-	-	-	-	-	-	1.5	1.2	1.0	-	0.3	0.3	0.2	-	-	-	0.0
Interest Expense	6.4	6.7	4.5	4.4	4.5	4.5	4.4	4.3	4.4	4.1	4.3	4.5	4.5	4.5	4.5	4.5	4.8	6.2
Income From Equity Investments	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Non-Operating Income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Pre-Tax Income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Tax & Net
Income Tax Expense	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income From Continuing Ops	32.8	31.8	29.3	26.0	31.1	40.0	40.2	42.0	39.4	41.6	41.6	41.3	41.1	41.5	37.6	40.2	35.1
Net Income From Discontinued Ops	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income	32.8	31.8	29.3	26.0	31.1	40.0	40.2	42.0	39.4	41.6	41.6	41.3	41.1	41.5	37.6	40.2	35.1
Net Income Attributable To Parent	32.8	31.8	29.3	26.0	31.1	40.0	40.2	42.0	39.4	41.6	41.6	41.3	41.1	41.5	37.6	40.2
Less: Minority Interest	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Less: Preferred Dividends	2.7	1.1	1.0	0.9	0.8	0.6	0.6	0.3	0.3	0.3	0.3	0.3	0.3	0.3	0.3	0.3	0.3
Net Income To Common Shareholders	30.2	30.7	28.3	25.1	30.3	39.5	39.7	41.7	39.1	41.3	41.3	40.9	40.8	41.2	37.3

Per Share
EPS Basic	1.04	-	0.99	0.87	1.05	-	1.38	1.45	1.37	-	1.46	1.45	1.45	-	1.33	1.42	1.35	-	1.24	1.21	1.07	-	0.87	0.73	0.72	-	0.56	0.31	0.34	-	0.22	0.18	0.10	-	0.09	(0.13)	(0.18)
EPS Diluted	1.02	-	0.97	0.86	1.03	-	1.37	1.44	1.36	-	1.45	1.44	1.43	-	1.32	1.42	1.32	-
Shares Basic	28.0	-	27.9	27.9	28.3	-	28.3	28.3	28.1	-	28.0	28.0	27.9	-	27.9	27.9	25.6	-
Shares Diluted	28.5	-	28.3	28.3	28.6	-	28.6	28.6	28.5	-	28.3	28.3	28.2	-	28.2	28.0	26.3	-

Supplementary Data
EBITDA	51.5	50.4	48.1	47.4	52.4	60.2	59.9	59.8	59.2	61.1	60.5	60.1	60.1	60.5	57.3	59.4	53.7	50.7	47.2	42.8	36.5	31.6	28.1	20.9	17.2	14.1	9.0	5.7	4.7	2.7	2.3	1.8	1.2	0.9	0.5	(0.3)	(0.5)
EBIT	32.9	31.8	29.4	28.9	34.0	42.0	42.0	42.3	42.0	44.0	43.8	43.4	43.4	44.2	41.4	44.1	39.9	38.5	36.3