IIPR FY 2022 Earnings — Innovative Industrial Properties, Inc. Revenue & Financial Results | Market Cap Arena

IIPRInnovative Industrial Properties, Inc.

$2B

FY 2022 Earnings

Real Estate REIT - Industrial

Income Statement

Revenue

$276M+35.1% YoY

Gross Profit

$266M96.2% margin

Operating Income

$170M61.4% margin

Net Income

$154M55.9% margin

EPS (Diluted)

$5.52

Cash Flow

Operating Cash Flow

$234M

Free Cash Flow

-$140M

Stock-Based Comp.

$18M

Balance Sheet

Total Assets

$2.4B

Total Liabilities

$453M

Stockholders' Equity

$2.0B

Cash & Equivalents

$87M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$276M	$205M	+35.1%
Gross Profit	$266M	$200M	+32.8%
Operating Income	$170M	$135M	+25.3%
Net Income	$154M	$114M	+35.4%