Innovative Industrial Properties, Inc.
Income Statement
| Line Item | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $79.8M | $75.5M | $79.2M | $77.8M | $76.5M | $76.1M | $70.5M | $70.9M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $9.7M | $9.6M | $10.9M | $11.0M | $10.6M | $10.4M | $10.2M | $10.8M |
| Operating Income | $42.3M | $42.0M | $44.0M | $43.8M | $43.4M | $43.4M | $44.2M | $41.4M |
| Operating Margin | 53.1% | 55.7% | 55.5% | 56.3% | 56.8% | 57.0% | 62.8% | 58.3% |
| Interest Expense | — | $4.4M | $4.1M | $4.3M | $4.5M | $4.5M | $4.5M | $4.5M |
| Pretax Income | — | — | — | — | — | — | — | — |
| Income Tax Expense | — | — | — | — | — | — | — | — |
| Net Income | $42.0M | $39.4M | $41.6M | $41.6M | $41.3M | $41.1M | $41.5M | $37.6M |
| Net Margin | 52.6% | 52.3% | 52.6% | 53.4% | 54.0% | 54.0% | 58.9% | 53.1% |
| EPS (Basic) | $1.45 | $1.37 | $1.46 | $1.46 | $1.45 | $1.45 | $1.47 | $1.33 |
| EPS (Diluted) | $1.44 | $1.36 | $1.45 | $1.45 | $1.44 | $1.43 | $1.46 | $1.32 |
| Shares Outstanding (Basic) | 28.3M | 28.1M | 28.0M | 28.0M | 28.0M | 27.9M | 27.3M | 27.9M |
| Shares Outstanding (Diluted) | 28.6M | 28.5M | 28.3M | 28.3M | 28.3M | 28.2M | 27.7M | 28.2M |
| Dividends Per Share | $1.90 | $1.82 | $1.82 | $1.80 | $1.80 | $1.80 | — | — |