IIPR
Income statement / Annual
Last year (2024), Innovative Industrial Properties, Inc.'s total revenue was $308.52 M,
a decrease of 0.32% from the previous year.
In 2024, Innovative Industrial Properties, Inc.'s net income was $159.86 M.
See Innovative Industrial Properties, Inc.,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
| Period Ended |
12/31/2024 |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
| Operating Revenue |
$308.52 M |
$309.51 M |
$276.36 M |
$204.55 M |
$116.90 M |
$44.67 M |
$14.79 M |
$6.42 M |
$321,000.00 |
$5.63 M |
| Cost of Revenue |
$28.47 M
|
$24.89 M
|
$10.52 M
|
$4.44 M
|
$4.95 M
|
$1.32 M
|
$445,000.00
|
$118,000.00
|
$87,000.00
|
$0.00
|
| Gross Profit |
$280.05 M
|
$284.61 M
|
$265.84 M
|
$200.11 M
|
$111.94 M
|
$43.35 M
|
$14.34 M
|
$6.30 M
|
$234,000.00
|
$5.63 M
|
| Gross Profit Ratio |
0.91
|
0.92
|
0.96
|
0.98
|
0.96
|
0.97
|
0.97
|
0.98
|
0.73
|
1
|
| Research and Development Expenses |
$0.00
|
$0.00
|
$0.56
|
$0.56
|
$0.56
|
$0.53
|
$0.47
|
-$0.01
|
-$13.68
|
$0.00
|
| General & Administrative Expenses |
$37.44 M
|
$42.83 M
|
$38.52 M
|
$22.96 M
|
$14.18 M
|
$9.82 M
|
$6.38 M
|
$5.50 M
|
$828,000.00
|
$0.00
|
| Selling & Marketing Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling, General & Administrative Expenses |
$37.44 M
|
$42.83 M
|
$38.52 M
|
$22.96 M
|
$14.18 M
|
$9.82 M
|
$6.38 M
|
$5.50 M
|
$828,000.00
|
$0.00
|
| Other Expenses |
$74.26 M
|
$67.19 M
|
$61.30 M
|
$41.78 M
|
$28.03 M
|
$8.60 M
|
$2.63 M
|
$915,000.00
|
$91,000.00
|
$0.00
|
| Operating Expenses |
$111.70 M
|
$110.03 M
|
$99.82 M
|
$64.74 M
|
$42.21 M
|
$18.42 M
|
$9.00 M
|
$6.41 M
|
$919,000.00
|
$641,428.00
|
| Cost And Expenses |
$140.17 M
|
$134.92 M
|
$110.34 M
|
$69.18 M
|
$47.16 M
|
$19.73 M
|
$9.45 M
|
$6.53 M
|
$1.01 M
|
$641,428.00
|
| Interest Income |
$10.99 M
|
$7.08 M
|
$3.20 M
|
$397,000.00
|
$3.42 M
|
$4.85 M
|
$1.65 M
|
$151,000.00
|
$0.00
|
$0.00
|
| Interest Expense |
$16.26 M
|
$16.10 M
|
$18.30 M
|
$18.09 M
|
$7.43 M
|
$6.31 M
|
$1.65 M
|
$151,000.00
|
$0.00
|
$0.00
|
| Depreciation & Amortization |
$70.81 M
|
$67.19 M
|
$110.34 M
|
$69.18 M
|
$47.16 M
|
$19.73 M
|
$9.45 M
|
$6.64 M
|
$4.71 M
|
$641,429.00
|
| EBITDA |
$248.72 M |
$248.88 M |
$230.92 M |
$177.15 M |
$97.76 M |
$33.53 M |
$7.97 M |
$805,000.00 |
-$1.22 M |
$5.63 M |
| EBITDA Ratio |
0.81
|
0.8
|
0.83
|
0.87
|
0.87
|
0.86
|
0.54
|
0.14
|
9.5
|
1
|
| Operating Income Ratio |
0.55
|
0.56
|
0.61
|
0.66
|
0.6
|
0.56
|
0.36
|
-0.03
|
-13.68
|
0.89
|
| Total Other Income/Expenses Net |
-$8.49 M
|
-$9.00 M
|
-$15.23 M
|
-$21.38 M
|
-$4.01 M
|
-$1.46 M
|
$1.65 M
|
$151,000.00
|
$0.00
|
-$641,429.00
|
| Income Before Tax |
$159.86 M
|
$165.59 M
|
$154.39 M
|
$113.99 M
|
$65.73 M
|
$23.48 M
|
$6.99 M
|
-$72,000.00
|
-$4.39 M
|
$4.99 M
|
| Income Before Tax Ratio |
0.52
|
0.54
|
0.56
|
0.56
|
0.56
|
0.53
|
0.47
|
-0.01
|
-13.68
|
0.89
|
| Income Tax Expense |
$0.00
|
$0.00
|
-$3.48 M
|
$18.09 M
|
$7.43 M
|
$6.31 M
|
-$3.29 M
|
-$76,000.00
|
$7.41 M
|
$0.00
|
| Net Income |
$159.86 M
|
$165.59 M
|
$154.39 M
|
$113.99 M
|
$65.73 M
|
$17.17 M
|
$6.99 M
|
-$72,000.00
|
-$4.39 M
|
$4.99 M
|
| Net Income Ratio |
0.52
|
0.54
|
0.56
|
0.56
|
0.56
|
0.38
|
0.47
|
-0.01
|
-13.68
|
0.89
|
| EPS |
5.66 |
5.82 |
5.57 |
4.69 |
3.28 |
1.63 |
0.98 |
-0.0213 |
-4.56 |
2.89 |
| EPS Diluted |
5.6 |
5.77 |
5.52 |
4.55 |
3.27 |
1.61 |
0.96 |
-0.0213 |
-4.56 |
2.89 |
| Weighted Average Shares Out |
$28.23 M
|
$27.98 M
|
$27.35 M
|
$23.90 M
|
$19.44 M
|
$10.55 M
|
$7.14 M
|
$3.38 M
|
$962,775.00
|
$1.73 M
|
| Weighted Average Shares Out Diluted |
$28.53 M
|
$28.26 M
|
$27.66 M
|
$26.26 M
|
$19.56 M
|
$10.68 M
|
$7.29 M
|
$3.38 M
|
$962,775.00
|
$1.73 M
|
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