Alpine Income Property Trust, Inc. (PINE) 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 | 18.41M | 16.9M | 14.56M | 14.86M | 14.21M | 13.79M | 13.48M | 12.49M | 12.47M | 11.58M | 11.56M | 11.35M | 11.16M | 11.59M | 11.52M | 11.28M | 10.8M | 9.47M | 8.17M | 6.6M |
| Revenue Growth % | 29.57% | 22.54% | 8.03% | 19% | 13.96% | 19.08% | 16.62% | 10.06% | 11.74% | -0.09% | 0.34% | 0.6% | 3.31% | 22.41% | 40.99% | 70.99% | 83.34% | 75.86% | 60.18% | 43.71% |
| Property Operating Expenses | 2.3M | 60.03M | 2.97M | 2.1M | 2.03M | 3.32M | 2.89M | 1.8M | 1.93M | 2.15M | 1.72M | 1.57M | 1.43M | 1.24M | 2.77M | 1.28M | 1.09M | 1.28M | 914K | 824K |
| Net Operating Income (NOI) | 16.1M | -43.13M | 11.59M | 12.76M | 12.17M | 10.47M | 10.59M | 10.69M | 10.54M | 9.43M | 9.84M | 9.77M | 9.72M | 10.35M | 8.75M | 9.99M | 9.71M | 8.19M | 7.26M | 5.77M |
| NOI Margin % | 87.49% | -255.21% | 79.59% | 85.84% | 85.68% | 75.9% | 78.54% | 85.59% | 84.53% | 81.44% | 85.1% | 86.12% | 87.15% | 89.29% | 75.98% | 88.61% | 89.89% | 86.44% | 88.81% | 87.51% |
| Operating Expenses | 9.58M | -6.32M | 9.17M | 10.27M | 9.9M | 8.49M | 4.13M | 7.69M | 7.96M | 6.45M | 8.46M | 7.34M | 3.37M | 1.64M | -4.95M | -8.46M | 7.1M | -2.77M | 5.13M | 4.75M |
| G&A Expenses | 1.86M | 1.6M | 613K | 1.7M | 1.72M | -555K | 791K | 1.6M | 1.54M | 1.48M | 1.65M | 1.66M | 1.51M | 1.41M | 509K | 1.48M | 1.43M | 1.34M | 1.37M | 1.29M |
| EBITDA | 13.83M | 13.37M | 9.02M | 9.2M | 9.58M | 8.49M | 12.8M | 9.35M | 8.96M | 9.33M | 7.8M | 8.76M | 12.6M | 14.97M | 19.49M | 24.08M | 8.28M | 15.89M | 6.35M | 4.49M |
| EBITDA Margin % | 75.16% | 79.13% | 61.91% | 61.87% | 67.41% | 61.6% | 94.96% | 74.85% | 71.92% | 80.58% | 67.45% | 77.18% | 112.91% | 129.11% | 169.21% | 213.51% | 76.64% | 167.77% | 77.75% | 68.02% |
| Depreciation & Amortization | 7.21M | 6.77M | 6.6M | 6.71M | 7.31M | 6.52M | 6.34M | 6.35M | 6.38M | 6.35M | 6.42M | 6.32M | 6.25M | 6.25M | 5.79M | 5.63M | 5.67M | 4.94M | 4.23M | 3.46M |
| D&A / Revenue % | 39.2% | 40.08% | 45.3% | 45.11% | 51.44% | 47.28% | 47.03% | 50.86% | 51.2% | 54.87% | 55.52% | 55.7% | 56.01% | 53.93% | 50.24% | 49.87% | 52.52% | 52.12% | 51.78% | 52.49% |
| Operating Income | 6.62M | 6.6M | 2.42M | 2.49M | 2.27M | 1.98M | 6.46M | 3M | 2.58M | 2.98M | 1.38M | 2.44M | 6.35M | 8.71M | 13.71M | 18.46M | 2.6M | 10.95M | 2.12M | 1.02M |
| Operating Margin % | 35.96% | 39.05% | 16.61% | 16.76% | 15.97% | 14.32% | 47.92% | 24% | 20.72% | 25.71% | 11.93% | 21.48% | 56.9% | 75.17% | 118.97% | 163.64% | 24.11% | 115.65% | 25.97% | 15.52% |
| Interest Expense | -1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 678K |
| Interest Coverage | 1.52x | 1.36x | 0.64x | 1.01x | 0.88x | 0.56x | 2.06x | 0.97x | 0.79x | 0.69x | 0.68x | 0.75x | 0.72x | 0.82x | 5.39x | 9.20x | 1.48x | 1.30x | 1.48x | 1.39x |
| Non-Operating Income | 0 | 558K | -68K | -1.86M | -880K | 659K | -61K | 261K | 111K | 1.5M | -278K | 743K | 4.48M | 6.11M | -9K | 132K | 125K | 9.13M | 544K | 84K |
| Pretax Income | 1.06M | 1.6M | -1.42M | -1.78M | -1.18M | -1.04M | 3.35M | 222K | -283K | 370K | -939K | 90K | 3.75M | 5.53M | 11.17M | 16.34M | 924K | 9.55M | 1.06M | 346K |
| Pretax Margin % | 5.78% | 9.46% | -9.77% | -11.99% | -8.3% | -7.53% | 24.88% | 1.78% | -2.27% | 3.19% | -8.12% | 0.79% | 33.57% | 47.66% | 96.96% | 144.82% | 8.56% | 100.83% | 12.92% | 5.24% |
| Income Tax | 0 | 0 | 0 | 0 | 99K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Effective Tax Rate % | 0% | 0% | 0% | 0% | -8.4% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Income | 1.06M | 1.47M | -1.31M | -1.64M | -1.18M | -958K | 3.08M | 204K | -260K | 335K | -837K | 80K | 3.34M | 4.86M | 9.77M | 14.28M | 806K | 8.3M | 918K | 304K |
| Net Margin % | 5.78% | 8.72% | -9% | -11.04% | -8.3% | -6.95% | 22.85% | 1.63% | -2.09% | 2.89% | -7.24% | 0.7% | 29.93% | 41.94% | 84.81% | 126.61% | 7.46% | 87.67% | 11.23% | 4.61% |
| Net Income Growth % | 190.16% | 253.76% | -142.53% | -904.41% | -353.46% | -385.97% | 467.98% | 155% | -107.79% | -93.11% | -108.57% | -99.44% | 314.27% | -41.44% | 964.27% | 4598.03% | 83.18% | 4363.44% | 68.13% | 26.54% |
| Funds From Operations (FFO) | 8.28M | 8.25M | 5.29M | 5.06M | 6.13M | 5.56M | 9.42M | 6.56M | 6.12M | 6.69M | 5.58M | 6.4M | 9.59M | 11.11M | 15.56M | 19.91M | 6.48M | 13.24M | 5.15M | 3.77M |
| FFO Margin % | 44.97% | 48.8% | 36.3% | 34.07% | 43.14% | 40.33% | 69.88% | 52.49% | 49.11% | 57.76% | 48.28% | 56.41% | 85.94% | 95.88% | 135.05% | 176.48% | 59.99% | 139.79% | 63.02% | 57.1% |
| FFO Growth % | 35.08% | 48.27% | -43.87% | -22.76% | 0.1% | -16.85% | 68.79% | 2.42% | -36.14% | -39.81% | -64.13% | -67.85% | 47.99% | -16.04% | 202.16% | 428.46% | 80.8% | 322.67% | 60.41% | 49.14% |
| FFO per Share | 0.49 | 0.53 | 0.34 | 0.33 | 0.39 | 0.39 | 0.63 | 0.48 | 0.41 | 0.44 | 0.40 | 0.41 | 0.61 | 0.78 | 1.14 | 1.47 | 0.48 | 1.01 | 0.40 | 0.37 |
| FFO Payout Ratio % | 13.55% | 56.77% | 76.34% | 86.51% | 73.35% | 73.93% | 44.23% | 62.29% | 61.17% | 35.34% | 93.6% | 60.35% | 40.34% | 32.54% | 15.14% | 20.71% | 55.97% | 23.18% | 44.32% | 83.09% |
| EPS (Diluted) | 0.06 | 0.06 | -0.09 | -0.11 | -0.07 | -0.07 | 0.21 | 0.02 | -0.02 | 0.02 | -0.06 | -0.14 | 0.49 | 0.12 | 0.72 | 1.05 | 0.06 | 0.64 | 0.07 | 0.03 |
| EPS Growth % | 185.71% | 190.36% | -142.86% | -833.33% | -300% | -400.45% | 450% | 110.71% | -103.57% | -81.58% | -108.33% | -113.33% | 712.6% | -81.25% | 928.57% | 3400% | 20.6% | 3100% | 16.67% | 0% |
| EPS (Basic) | 0.07 | 0.06 | -0.09 | -0.11 | -0.08 | -0.07 | 0.22 | 0.02 | -0.02 | 0.02 | -0.06 | -0.16 | 0.55 | 0.13 | 0.72 | 1.05 | 0.06 | 0.73 | 0.08 | 0.03 |
| Diluted Shares Outstanding | 16.77M | 15.55M | 15.38M | 15.43M | 15.85M | 14.44M | 14.97M | 13.62M | 14.85M | 15.13M | 13.95M | 15.76M | 15.7M | 14.2M | 13.59M | 13.55M | 13.37M | 13.05M | 13M | 10.08M |