IIPR Q4 2024 Earnings — Innovative Industrial Properties, Inc. Revenue & Financial Results | Market Cap Arena

IIPRInnovative Industrial Properties, Inc.

$2B

Q4 2024 Earnings

Real Estate REIT - Industrial

Income Statement

Revenue

$77M-3.0% YoY

Gross Profit

$69M90.1% margin

Operating Income

$42M54.7% margin

Net Income

$40M52.2% margin

EPS (Diluted)

$1.36

QoQ Revenue Growth

+0.3%

Cash Flow

Operating Cash Flow

$58M

Free Cash Flow

$41M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$2.4B

Total Liabilities

$442M

Stockholders' Equity

$1.9B

Cash & Equivalents

$146M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$77M	$79M	-3.0%
Gross Profit	$69M	$72M	-3.9%
Operating Income	$42M	$44M	-4.4%
Net Income	$40M	$42M	-3.9%