Clipper Realty Inc. (CLPR) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Revenue | 38.12M | 37.07M | 37.7M | 39.04M | 39.4M | 38.05M | 37.62M | 37.35M | 35.76M | 34.87M | 35.13M | 34.54M | 33.67M | 33.01M | 32.8M | 31.89M | 32.05M | 30.78M | 30.63M | 30.67M |
| Revenue Growth % | -3.26% | -2.57% | 0.2% | 4.53% | 10.17% | 9.12% | 7.1% | 8.11% | 6.22% | 5.63% | 7.1% | 8.33% | 5.05% | 7.26% | 7.08% | 3.96% | 4.56% | 1.45% | 1.97% | -1.56% |
| Property Operating Expenses | 34.1M | 16.45M | 17.11M | 17.08M | 17.74M | 15.7M | 16.04M | 16.43M | 15.76M | 22.71M | 15.3M | 15.48M | 16.64M | 16.06M | 15.52M | 14.81M | 15.47M | 14.37M | 14.54M | 14.58M |
| Net Operating Income (NOI) | 4.01M | 20.62M | 20.59M | 21.96M | 21.66M | 22.35M | 21.58M | 20.91M | 20M | 12.15M | 19.82M | 19.06M | 17.03M | 16.95M | 17.28M | 17.07M | 16.58M | 16.41M | 16.09M | 16.09M |
| NOI Margin % | 10.52% | 55.61% | 54.62% | 56.25% | 54.98% | 58.74% | 57.35% | 56% | 55.93% | 34.86% | 56.43% | 55.18% | 50.59% | 51.33% | 52.69% | 53.54% | 51.73% | 53.3% | 52.54% | 52.45% |
| Operating Expenses | -3.99M | 12.56M | 11.7M | 11.15M | 45.24M | 11.64M | 10.83M | 10.91M | 10.93M | 3.14M | 10.62M | 11.02M | 10.12M | 10.17M | 9.98M | 10.02M | 10.07M | 12.31M | 9.14M | 9.09M |
| G&A Expenses | 4.11M | 4.18M | 3.7M | 3.82M | 3.83M | 3.77M | 3.37M | 3.46M | 3.55M | 3.14M | 3.34M | 3.4M | 3.29M | 3.4M | 3.21M | 3.2M | 2.94M | 2.79M | 2.68M | 2.8M |
| EBITDA | 16.1M | 16.43M | 16.88M | 18.12M | -15.97M | 18.28M | 18.18M | 17.43M | 16.42M | 16.7M | 16.45M | 15.4M | 13.7M | 13.51M | 14.01M | 13.72M | 13.27M | 10.94M | 13.41M | 13.29M |
| EBITDA Margin % | 42.24% | 44.33% | 44.78% | 46.42% | -40.54% | 48.05% | 48.33% | 46.66% | 45.93% | 47.89% | 46.84% | 44.57% | 40.7% | 40.92% | 42.72% | 43.01% | 41.39% | 35.55% | 43.78% | 43.31% |
| Depreciation & Amortization | 8.1M | 8.38M | 8M | 7.31M | 7.61M | 7.58M | 7.43M | 7.43M | 7.35M | 7.68M | 7.25M | 7.36M | 6.79M | 6.73M | 6.71M | 6.66M | 6.76M | 6.85M | 6.45M | 6.29M |
| D&A / Revenue % | 21.25% | 22.61% | 21.21% | 18.74% | 19.32% | 19.91% | 19.75% | 19.89% | 20.56% | 22.04% | 20.64% | 21.3% | 20.17% | 20.39% | 20.47% | 20.9% | 21.08% | 22.26% | 21.06% | 20.5% |
| Operating Income | 8M | 8.05M | 8.88M | 10.81M | -23.58M | 10.71M | 10.75M | 10M | 9.07M | 9.01M | 9.2M | 8.04M | 6.91M | 6.78M | 7.3M | 7.05M | 6.51M | 4.09M | 6.96M | 7M |
| Operating Margin % | 20.99% | 21.73% | 23.57% | 27.69% | -59.85% | 28.14% | 28.58% | 26.77% | 25.37% | 25.85% | 26.2% | 23.27% | 20.54% | 20.53% | 22.25% | 22.12% | 20.31% | 13.29% | 22.72% | 22.81% |
| Interest Expense | -1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Interest Coverage | 0.28x | 0.33x | 0.65x | 0.88x | -2.05x | 0.91x | 0.91x | 0.85x | 0.77x | 0.76x | 0.80x | 0.74x | 0.30x | 0.67x | 0.72x | 0.70x | 0.69x | 0.66x | 0.67x | 0.69x |
| Non-Operating Income | 3.6M | 2.62M | 172K | 685K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -357K | 3.87M | 0 | 0 | 0 | -424K | -2.73M | 0 | -139K |
| Pretax Income | -11.14M | -11.27M | -4.61M | -1.36M | -35.1M | -1.09M | -1.09M | -1.74M | -2.67M | -4.63M | -2.33M | -3.29M | -7.09M | -3.35M | -2.79M | -2.95M | -3.48M | -6.24M | -3.42M | -3.23M |
| Pretax Margin % | -29.24% | -30.4% | -12.22% | -3.47% | -89.1% | -2.85% | -2.89% | -4.67% | -7.46% | -13.28% | -6.62% | -9.54% | -21.06% | -10.16% | -8.5% | -9.26% | -10.85% | -20.26% | -11.16% | -10.53% |
| Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1.77M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Effective Tax Rate % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 38.32% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Income | -4.24M | -4.29M | -1.75M | -516K | -13.35M | -418K | -412K | -660K | -1.01M | -1.08M | -881K | -1.25M | -2.69M | -1.27M | -1.06M | -1.12M | -1.32M | -2.36M | -1.29M | -1.23M |
| Net Margin % | -11.12% | -11.56% | -4.64% | -1.32% | -33.88% | -1.1% | -1.1% | -1.77% | -2.83% | -3.11% | -2.51% | -3.62% | -7.98% | -3.85% | -3.22% | -3.51% | -4.11% | -7.68% | -4.23% | -3.99% |
| Net Income Growth % | 68.25% | -925.12% | -325% | 21.82% | -1220.18% | 61.4% | 53.23% | 47.16% | 62.37% | 14.72% | 16.65% | -11.62% | -103.87% | 46.25% | 18.38% | 8.65% | 51.26% | -58.27% | -10.97% | 41.5% |
| Funds From Operations (FFO) | 3.86M | 4.09M | 6.25M | 6.8M | -5.74M | 7.16M | 7.02M | 6.77M | 6.34M | 6.6M | 6.37M | 6.11M | 4.1M | 5.46M | 5.66M | 5.54M | 5.44M | 4.49M | 5.16M | 5.06M |
| FFO Margin % | 10.13% | 11.05% | 16.57% | 17.41% | -14.56% | 18.81% | 18.65% | 18.13% | 17.73% | 18.93% | 18.13% | 17.69% | 12.19% | 16.54% | 17.25% | 17.39% | 16.97% | 14.58% | 16.84% | 16.51% |
| FFO Growth % | 167.31% | -42.78% | -11% | 0.43% | -190.46% | 8.42% | 10.17% | 10.8% | 54.55% | 20.92% | 12.6% | 10.17% | -24.56% | 21.66% | 9.7% | 9.5% | 52.95% | -6.62% | 10.1% | 45.06% |
| FFO per Share | 0.09 | 0.10 | 0.15 | 0.42 | -0.36 | 0.44 | 0.44 | 0.42 | 0.39 | 0.41 | 0.40 | 0.38 | 0.26 | 0.34 | 0.35 | 0.35 | 0.34 | 0.28 | 0.32 | 0.32 |
| FFO Payout Ratio % | 122.04% | 112.65% | 73.87% | 135.75% | -80.44% | 61.42% | 62.64% | 45.1% | 0% | 23.12% | 68.26% | 142.35% | 0% | 27.95% | 26.98% | 77.06% | 28.06% | 34.01% | 81.21% | 30.13% |
| EPS (Diluted) | -0.10 | -0.30 | -0.14 | -0.07 | -0.86 | -0.05 | -0.05 | -0.06 | -0.09 | -0.07 | -0.07 | -0.08 | -1.67 | -0.45 | -0.07 | -0.09 | -0.11 | -0.15 | -0.08 | -0.08 |
| EPS Growth % | 88.4% | -513.5% | -188.07% | -6.09% | -900% | 27.45% | 35.11% | 17.74% | 94.85% | 85.02% | -7.77% | 8.47% | -1418.18% | -200% | 13.77% | -11.4% | 35.29% | -71.62% | -3.73% | 36.42% |
| EPS (Basic) | -0.10 | -0.30 | -0.14 | -0.07 | -0.86 | -0.05 | -0.05 | -0.06 | -0.09 | -0.07 | -0.07 | -0.08 | -1.67 | -0.45 | -0.07 | -0.09 | -0.11 | -0.15 | -0.08 | -0.08 |
| Diluted Shares Outstanding | 42.46M | 42.46M | 42.46M | 16.15M | 16.15M | 16.11M | 16.08M | 16.08M | 16.07M | 16.06M | 16.06M | 16.06M | 16.06M | 16.06M | 16.06M | 16.06M | 16.06M | 16.06M | 16.06M | 16.06M |