IIPR Q2 2022 Earnings — Innovative Industrial Properties, Inc. Revenue & Financial Results | Market Cap Arena

IIPRInnovative Industrial Properties, Inc.

$2B

Q2 2022 Earnings

Real Estate REIT - Industrial

Income Statement

Revenue

$71M+44.3% YoY

Gross Profit

$68M96.6% margin

Operating Income

$44M62.6% margin

Net Income

$40M57.0% margin

EPS (Diluted)

$1.41

QoQ Revenue Growth

+9.3%

Cash Flow

Operating Cash Flow

$62M

Free Cash Flow

-$100M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$2.4B

Total Liabilities

$450M

Stockholders' Equity

$2.0B

Cash & Equivalents

$45M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$71M	$49M	+44.3%
Gross Profit	$68M	$48M	+40.7%
Operating Income	$44M	$33M	+34.0%
Net Income	$40M	$29M	+37.1%