Clipper Realty Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $153.2M | $148.8M | $138.2M | $129.7M | $122.7M |
| Cost of revenue | $149.0M | $108.0M | $105.0M | $102.1M | $95.8M |
| Operating income | $4.2M | $40.5M | $33.2M | $27.6M | $24.2M |
| Interest expense | $53.0M | $47.1M | $44.9M | $40.2M | $41.3M |
| Income tax expense | $0 | $0 | $0 | $0 | $0 |
| Net income | -$52.3M | -$6.6M | -$15.6M | -$12.6M | -$20.0M |
| Balance Sheet | |||||
| Cash and equivalents | $30.8M | $19.9M | $22.2M | $18.2M | $34.5M |
| Total assets | $1.2B | $1.3B | $1.2B | $1.2B | $1.2B |
| Total liabilities | $1.3B | $1.3B | $1.2B | $1.2B | $1.2B |
| Total debt | $1.3B | $1.3B | $1.2B | $1.2B | $1.1B |
| Stockholders' equity | -$30.7M | -$5.4M | $2.7M | $14.1M | $26.5M |
| Cash Flow Statement | |||||
| Cash from operations | $22.6M | $31.9M | $26.2M | $20.1M | $10.8M |
| Depreciation and amortization | $31.2M | $29.8M | $28.8M | $26.8M | $25.5M |
| Stock-based compensation | $4.3M | $2.7M | $3.0M | $2.9M | $2.6M |
| Capital expenditure | — | $69.7M | $46.3M | $52.1M | $80.8M |
| Free cash flow | — | -$37.9M | -$20.1M | -$32.0M | -$70.0M |
| Dividends paid | $18.5M | $17.6M | $17.4M | $17.1M | $16.8M |
| Share repurchases | — | — | — | — | $0 |
| Impairments | — | — | — | — | $0 |
Shares outstanding 16.2M · Free float 43.5%
Annual filing data through FY ended December 31, 2025; float as of July 14, 2026.