IIPR
Income statement / Annual
Last year (2023), Innovative Industrial Properties, Inc.'s total revenue was $309.51 M,
an increase of 11.99% from the previous year.
In 2023, Innovative Industrial Properties, Inc.'s net income was $165.59 M.
See Innovative Industrial Properties, Inc.’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
| Operating Revenue |
$309.51 M
|
$276.36 M
|
$204.55 M
|
$116.90 M
|
$44.67 M
|
$14.79 M
|
$6.42 M
|
$321,000.00
|
$5.63 M
|
| Cost of Revenue |
$24.89 M |
$10.52 M |
$4.44 M |
$4.95 M |
$1.32 M |
$445,000.00 |
$118,000.00 |
$87,000.00 |
$0.00 |
| Gross Profit |
$284.61 M |
$265.84 M |
$200.11 M |
$111.94 M |
$43.35 M |
$14.34 M |
$6.30 M |
$234,000.00 |
$5.63 M |
| Gross Profit Ratio |
0.92 |
0.96 |
0.98 |
0.96 |
0.97 |
0.97 |
0.98 |
0.73 |
1 |
| Research and Development
Expenses |
$0.00
|
$0.56
|
$0.56
|
$0.56
|
$0.53
|
$0.47
|
-$0.01
|
-$13.68
|
$0.00
|
| General & Administrative
Expenses |
$42.83 M
|
$38.52 M
|
$22.96 M
|
$14.18 M
|
$9.82 M
|
$6.38 M
|
$5.50 M
|
$828,000.00
|
$0.00
|
| Selling & Marketing
Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling, General &
Administrative Expenses |
$42.83 M
|
$38.52 M
|
$22.96 M
|
$14.18 M
|
$9.82 M
|
$6.38 M
|
$5.50 M
|
$828,000.00
|
$0.00
|
| Other Expenses |
$0.00 |
$61.30 M |
$41.78 M |
$28.03 M |
$8.60 M |
$2.63 M |
$915,000.00 |
$91,000.00 |
$0.00 |
| Operating Expenses |
$110.03 M |
$99.82 M |
$64.74 M |
$42.21 M |
$18.42 M |
$9.00 M |
$6.41 M |
$919,000.00 |
$641,428.00 |
| Cost And Expenses |
$134.92 M |
$110.34 M |
$69.18 M |
$47.16 M |
$19.73 M |
$9.45 M |
$6.53 M |
$1.01 M |
$641,428.00 |
| Interest Income |
$7.08 M |
$3.20 M |
$397,000.00 |
$3.42 M |
$4.85 M |
$1.65 M |
$151,000.00 |
$0.00 |
$0.00 |
| Interest Expense |
$16.10 M |
$18.30 M |
$18.09 M |
$7.43 M |
$6.31 M |
$1.65 M |
$151,000.00 |
$0.00 |
$0.00 |
| Depreciation &
Amortization |
$67.19 M
|
$110.34 M
|
$69.18 M
|
$47.16 M
|
$19.73 M
|
$9.45 M
|
$6.64 M
|
$4.71 M
|
$641,429.00
|
| EBITDA |
$241.78 M
|
$230.92 M
|
$177.15 M
|
$97.76 M
|
$33.53 M
|
$7.97 M
|
$805,000.00
|
-$1.22 M
|
$5.63 M
|
| EBITDA Ratio |
0.78 |
0.83 |
0.87 |
0.87 |
0.86 |
0.54 |
0.14 |
9.5 |
1 |
| Operating Income Ratio
|
0.56
|
0.61
|
0.66
|
0.6
|
0.56
|
0.36
|
-0.03
|
-13.68
|
0.89
|
| Total Other
Income/Expenses Net |
-$9.00 M
|
-$15.23 M
|
-$21.38 M
|
-$4.01 M
|
-$1.46 M
|
$1.65 M
|
$151,000.00
|
$0.00
|
-$641,429.00
|
| Income Before Tax |
$165.59 M |
$154.39 M |
$113.99 M |
$65.73 M |
$23.48 M |
$6.99 M |
-$72,000.00 |
-$4.39 M |
$4.99 M |
| Income Before Tax Ratio
|
0.54
|
0.56
|
0.56
|
0.56
|
0.53
|
0.47
|
-0.01
|
-13.68
|
0.89
|
| Income Tax Expense |
$0.00 |
-$3.48 M |
$18.09 M |
$7.43 M |
$6.31 M |
-$3.29 M |
-$76,000.00 |
$7.41 M |
$0.00 |
| Net Income |
$165.59 M |
$154.39 M |
$113.99 M |
$65.73 M |
$17.17 M |
$6.99 M |
-$72,000.00 |
-$4.39 M |
$4.99 M |
| Net Income Ratio |
0.54 |
0.56 |
0.56 |
0.56 |
0.38 |
0.47 |
-0.01 |
-13.68 |
0.89 |
| EPS |
5.82 |
5.57 |
4.69 |
3.28 |
1.63 |
0.98 |
-0.0213 |
-4.56 |
2.89 |
| EPS Diluted |
5.77 |
5.52 |
4.55 |
3.27 |
1.61 |
0.96 |
-0.0213 |
-4.56 |
2.89 |
| Weighted Average Shares
Out |
$27.98 M
|
$27.35 M
|
$23.90 M
|
$19.44 M
|
$10.55 M
|
$7.14 M
|
$3.38 M
|
$962,775.00
|
$1.73 M
|
| Weighted Average Shares
Out Diluted |
$28.26 M
|
$27.66 M
|
$26.26 M
|
$19.56 M
|
$10.68 M
|
$7.29 M
|
$3.38 M
|
$962,775.00
|
$1.73 M
|
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