Innovative Industrial Properties, Inc.
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2017 | — | -3.5% | -1.1% |
| FY2018 | — | 36.1% | 47.2% |
| FY2019 | — | 55.8% | 52.5% |
| FY2020 | — | 59.7% | 56.2% |
| FY2021 | — | 66.2% | 55.7% |
| FY2022 | — | 61.4% | 55.9% |
| FY2023 | — | 56.4% | 53.5% |
| FY2024 | — | 54.6% | 52.4% |
| FY2025 | — | 46.7% | 44.5% |