IIPR (Innovative Industrial Properties, Inc.) Stock Financials & Earnings

IIPRInnovative Industrial Properties, Inc.

Mkt Cap$2B

Real Estate·REIT - Industrial·🇺🇸 United States·NYSE

Revenue (TTM)$266M

Net Income (TTM)$118M

EPS (TTM)$3.93

Free Cash Flow (TTM)$198M

Gross Margin74.7%

Op. Margin46.8%

Net Margin44.5%

FCF Margin74.5%

P/S Ratio (TTM)5.8x

P/E Ratio (TTM)13.0x

YoY Rev Growth-13.8%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q1 23	$76M	$70M	$43M
Q2 23	$76M	$71M	$43M
Q3 23	$78M	$72M	$44M
Q4 23	$79M	$72M	$44M
Q1 24	$75M	$69M	$42M
Q2 24	$80M	$73M	$42M
Q3 24	$77M	$69M	$42M
Q4 24	$77M	$69M	$42M
Q1 25	$72M	$64M	$34M
Q2 25	$63M	$56M	$29M
Q3 25	$65M	$57M	$29M
Q4 25	$67M	$22M	$32M

Revenue Breakdown

Valuation

Operating Cash Flow

Capital Expenditures

CapEx

OpEx vs Revenue Growth (YoY)

Stock-Based Compensation

OpEx Breakdown

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 23	$38M	$0	$38M
Q2 23	$93M	$0	$93M
Q3 23	$117M	$0	$117M
Q4 23	$140M	$0	$140M
Q1 24	$154M	$0	$154M
Q2 24	$121M	$0	$121M
Q3 24	$147M	$0	$147M
Q4 24	$146M	$0	$146M
Q1 25	$128M	$0	$128M
Q2 25	$100M	$0	$100M
Q3 25	$37M	$0	$37M
Q4 25	$48M	$0	$48M

Shares Outstanding

Revenue Per Employee

Revenue / Employee