Clipper Realty (CLPR) financial statements
Clipper Realty reported revenue of $153M in fiscal 2025, up 5.7% a year over 9 years.
Net income was -$20M and the operating margin 2.7%, against 27.7% in 2016.
The diluted share count rose 41% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Clipper Realty's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $93M | $104M | $110M | $116M | $123M | $123M | $130M | $138M | $149M | $153M |
| Cost of revenue | $67M | $74M | $78M | $83M | $92M | $96M | $102M | $105M | $108M | $149M |
| Selling, general and admin | $8M | $10M | $10M | $9M | $10M | $11M | $13M | $13M | $14M | $16M |
| Operating income | $26M | $30M | $32M | $33M | $32M | $24M | $28M | $33M | $41M | $4M |
| Interest expense | $38M | $36M | $33M | $35M | $40M | $41M | $40M | $45M | $47M | $53M |
| Income tax | — | $0 | $0 | — | $0 | $0 | $0 | $0 | $0 | $0 |
| Net income | -$4M | -$2M | -$4M | -$2M | -$5M | -$8M | -$5M | -$6M | -$2M | -$20M |
| EPS (diluted) | -$0.34 | -$0.15 | -$0.22 | -$0.11 | -$0.31 | -$0.51 | -$0.36 | -$0.45 | -$0.25 | -$1.38 |
| Diluted shares | 11M | 17M | 18M | 18M | 18M | 16M | 16M | 16M | 16M | 16M |
| Operating margin | 27.7% | 28.4% | 29.5% | 28.8% | 26.2% | 19.7% | 21.3% | 24.0% | 27.2% | 2.7% |
| Net margin | -4.0% | -2.3% | -3.3% | -1.4% | -4.0% | -6.2% | -3.7% | -4.3% | -1.7% | -13.0% |
Balance sheet
Fiscal years, from Clipper Realty's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $38M | $8M | $37M | $42M | $72M | $35M | $18M | $22M | $20M | $31M |
| Total assets | $905M | $1.1B | $1.1B | $1.2B | $1.2B | $1.2B | $1.2B | $1.2B | $1.3B | $1.2B |
| Total liabilities | $779M | $866M | $940M | $1.0B | $1.1B | $1.2B | $1.2B | $1.2B | $1.3B | $1.3B |
| Shareholders' equity | $38M | $75M | $65M | $57M | $39M | $27M | $14M | $3M | -$5M | -$31M |
| Net debt | -$38M | -$8M | -$37M | -$42M | -$72M | -$35M | -$18M | -$22M | -$20M | -$31M |
Cash flow
Fiscal years, from Clipper Realty's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $9M | $13M | $22M | $24M | $16M | $11M | $20M | $26M | $32M | $23M |
| Capital spending | $18M | $23M | $46M | $43M | $33M | $81M | $52M | $46M | $70M | — |
| Free cash flow | -$9M | -$10M | -$23M | -$19M | -$17M | -$70M | -$32M | -$20M | -$38M | — |
| Stock-based compensation | $3M | $3M | $2M | $2M | $2M | $3M | $3M | $3M | $3M | $4M |
| Dividends paid | $10M | $17M | $17M | $17M | $17M | $17M | $17M | $17M | $18M | $18M |
| Share buybacks (net) | — | — | $0 | $0 | -$10M | $0 | — | — | — | — |
| Free cash flow margin | -9.5% | -9.3% | -21.2% | -16.2% | -14.0% | -57.0% | -24.7% | -14.6% | -25.5% | — |
| Dividends per share | $0.87 | $0.97 | $0.96 | $0.96 | $0.98 | $1.04 | $1.06 | $1.08 | $1.09 | $1.14 |
Every line, every quarterThe deep dive has fifteen-plus years of statements, quarterly results, charts and valuation models for CLPR.
Open CLPR in InvestinglyQuestions
What was Clipper Realty's revenue in 2025?
$153M in fiscal 2025, from its 10-K filing.
From Clipper Realty's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.