Clipper Realty Inc. (CLPR) Financial Statements
Industry: Real Estate Investment Trusts
In fiscal 2025, Clipper Realty reported revenue of $153.2M, up 3.0% from $148.8M the year before. Net income was -$19.9M (a -13.0% net margin). Gross margin was 2.7% and operating margin was 2.7%. Operating activities generated $22.6M of cash. At fiscal year end, Clipper Realty held $1.23B in total assets against $1.32B in total liabilities, including $30.8M of cash and equivalents.
Open the full interactive Clipper Realty financials → Quarterly statements, key ratios, valuation history and price charts.
Clipper Realty Key Stats
| Share Price | $3.13 |
|---|---|
| Market Cap | $50.6M |
| Dividend Yield | 36.49% |
| Revenue YoY Growth | +3.0% |
| 52-Week Range | $2.64 – $3.73 |
| Shares Outstanding | 16.2 million (basic, 2026 Q2) |
Clipper Realty Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $122.8M | $122.7M | $129.7M | $138.2M | $148.8M | $153.2M |
| Cost of Goods Sold | $91.5M | $95.8M | $102.1M | $105.0M | $108.0M | $149.0M |
| Gross Profit | $31.3M | $26.9M | $27.6M | $33.2M | $40.8M | $4.2M |
| Operating Income | $32.1M | $24.2M | $27.6M | $33.2M | $40.5M | $4.2M |
| Pre-Tax Income | -$4.9M | -$7.6M | -$4.8M | -$5.9M | -$2.5M | -$19.9M |
| Income Tax | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Income | -$4.9M | -$7.6M | -$4.8M | -$5.9M | -$2.5M | -$19.9M |
| Diluted EPS | -$0.31 | -$0.51 | — | — | — | — |
Clipper Realty Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $37.7M | $37.1M | $38.1M | $38.6M |
| Net Income | -$1.8M | -$4.3M | -$4.2M | -$2.4M |
| Diluted EPS | — | — | -$0.30 | — |
Clipper Realty Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $72.1M | $34.5M | $18.2M | $22.2M | $19.9M | $30.8M |
| Total Assets | $1.21B | $1.23B | $1.23B | $1.25B | $1.29B | $1.23B |
| Total Long-Term Debt | $1.08B | $1.13B | $1.16B | $1.21B | $1.27B | $1.28B |
| Total Liabilities | $1.10B | $1.16B | $1.19B | $1.24B | $1.30B | $1.32B |
| Shareholders' Equity | $39.5M | $26.5M | $14.1M | $2.7M | -$5.4M | -$30.7M |
Clipper Realty Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $16.0M | $10.8M | $20.1M | $26.2M | $31.9M | $22.6M |
| Cash From Investing | -$31.7M | -$77.9M | -$51.5M | -$41.4M | -$68.8M | $12.1M |
| Cash From Financing | $47.8M | $30.3M | $9.8M | $20.7M | $38.7M | -$14.6M |
| Free Cash Flow | -$17.2M | -$70.0M | -$32.0M | -$20.1M | -$37.9M | — |
| Dividends Paid | $17.2M | $16.8M | $17.1M | $17.4M | $17.6M | $18.5M |
Figures from Clipper Realty's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Clipper Realty financials page for every line item.
Clipper Realty Company Profile
| Ticker | CLPR |
|---|---|
| Exchange | NYSE |
| Industry | Real Estate Investment Trusts |
| Headquarters | Brooklyn, New York |
| Incorporated in | Maryland |
| Fiscal Year End | December 31 |
| SEC Filer Category | Non-accelerated filer, smaller reporting company |
| SEC CIK | 0001649096 |
Frequently Asked Questions
What was Clipper Realty's revenue in fiscal 2025?
Clipper Realty (CLPR) reported revenue of $153.2M for fiscal 2025.
What is Clipper Realty's annual revenue history?
Clipper Realty's annual revenue by fiscal year: 2020: $122.8M; 2021: $122.7M; 2022: $129.7M; 2023: $138.2M; 2024: $148.8M; 2025: $153.2M.
What was Clipper Realty's net income in fiscal 2025?
Clipper Realty reported net income of -$19.9M for fiscal 2025.
What was Clipper Realty's revenue last quarter?
In its most recent reported quarter (2026 Q2), Clipper Realty reported revenue of $38.6M.
How much debt does Clipper Realty have?
Clipper Realty reported $1.28B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Clipper Realty are outstanding?
Clipper Realty reported a weighted average of 16.2 million basic shares outstanding in 2026 Q2.
What is Clipper Realty's market cap?
Based on its latest closing price, Clipper Realty (CLPR) has a market capitalization of about $50.6M.
When does Clipper Realty's fiscal year end?
Clipper Realty's fiscal year end, as registered with the SEC, is December 31.
Where is Clipper Realty headquartered?
Clipper Realty lists its business address in Brooklyn, New York in its SEC filings.