IIPR Q3 2022 Earnings — Innovative Industrial Properties, Inc. Revenue & Financial Results | Market Cap Arena

IIPRInnovative Industrial Properties, Inc.

$2B

Q3 2022 Earnings

Real Estate REIT - Industrial

Income Statement

Revenue

$71M+31.6% YoY

Gross Profit

$68M96.0% margin

Operating Income

$41M58.3% margin

Net Income

$38M53.1% margin

EPS (Diluted)

$1.32

QoQ Revenue Growth

+0.5%

Cash Flow

Operating Cash Flow

$57M

Free Cash Flow

$32M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$2.4B

Total Liabilities

$464M

Stockholders' Equity

$2.0B

Cash & Equivalents

$77M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$71M	$54M	+31.6%
Gross Profit	$68M	$52M	+29.7%
Operating Income	$41M	$36M	+14.0%
Net Income	$38M	$30M	+25.0%