IIPR Q3 2021 Earnings — Innovative Industrial Properties, Inc. Revenue & Financial Results | Market Cap Arena

IIPRInnovative Industrial Properties, Inc.

$2B

Q3 2021 Earnings

Real Estate REIT - Industrial

Income Statement

Revenue

$54M+56.9% YoY

Gross Profit

$52M97.5% margin

Operating Income

$36M67.4% margin

Net Income

$30M55.9% margin

EPS (Diluted)

$1.20

QoQ Revenue Growth

+10.2%

Cash Flow

Operating Cash Flow

$52M

Free Cash Flow

$52M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$2.1B

Total Liabilities

$591M

Stockholders' Equity

$1.5B

Cash & Equivalents

$127M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$54M	$34M	+56.9%
Gross Profit	$52M	$31M	+67.1%
Operating Income	$36M	$20M	+77.7%
Net Income	$30M	$19M	+56.6%