iipr: the income statement

MyFinsight

INNOVATIVE INDUSTRIAL PROPERTIES INC (IIPR)

For the quarter ending 2025-06-30, IIPR made $62,891K in revenue. $25,146K in net income. Net profit margin of 39.98%.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

	2025-06-30	2025-03-31	2024-09-30	2024-06-30
Total revenues	62,891	71,722	76,526	79,793
Property expenses	6,867	7,379	7,295	6,863
Impairment loss on real estate	-	3,527	-	-
General and administrative expense	8,626	8,461	9,330	9,661
Depreciation and amortization expense	18,500	18,391	17,944	17,473
Total expenses	33,993	37,758	34,569	33,997
Gain (loss) on sale of real estate	-	-	-	-3,449
Income from operations	28,898	33,964	41,957	42,347
Interest income	1,570	1,613	2,685	3,966
Interest expense	4,444	4,500	4,427	4,320
Net income	26,024	31,077	40,215	41,993
Preferred stock dividends	878	781	564	338
Net income attributable to common stockholders	25,146	30,296	39,651	41,655

Basic (in dollars per share)	0.87	1.05	1.38	1.45
Basic (in shares)	27,924,092	28,275,549	28,254,565	28,250,843
Diluted (in dollars per share)	0.86	1.03	1.37	1.44
Diluted (in shares)	28,317,693	28,588,022	28,579,687	28,572,138

Unit: Thousand (K) dollars (except for numbers of shares and EPS)