Alpine Income Property Trust (PINE) Financial Statements & Analysis

Alpine Income Property Trust (PINE) Income Statement

Alpine Income Property Trust reported revenue of $60.53M in fiscal 2025 (fiscal year ended Dec 31, 2025), up 15.9% from $52.23M a year earlier. Alpine Income Property Trust posted a net loss of $2.66M, compared with net income of $2.07M a year earlier. Gross margin was -10.9% and operating margin 30.5%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was $20.00M, up 34.6% from the same quarter a year earlier.

Alpine Income Property Trust Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Alpine Income Property Trust, Inc. income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Revenue & Gross Profit
Revenue	60.53	52.23	45.64	45.19	30.13	19.25	13.23	11.72	8.45
Cost of Revenue	67.14	12.03	10.94	9.26	6.86	2.32	2.04	1.62	1.47
Gross Profit	-6.61	44.43	39.06	39.76	23.27	16.93	11.20	10.10	6.99
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-	-
Selling, General & Administrative	6.71	6.58	6.30	5.78	1.85	4.66	2.02	1.18	0.83
Operating Expenses	-25.09	27.93	27.70	25.52	8.11	14.32	7.57	6.09	3.89
Operating Income	18.48	10.57	3.79	10.41	15.16	2.61	3.63	4.01	3.10
Other Income/Expense
Interest Income	11.35	0.25	0.29	0.01	0.00	0.00	0.04	0.00	0.00
Interest Expense	16.27	11.29	9.46	8.94	3.70	1.46	0.04	0.00	0.29
Other Income/Expense	-21.37	-8.32	-0.52	23.55	-3.70	-1.46	-0.04	0.00	-0.29
Income
Income Before Tax	-2.89	2.25	3.27	33.96	11.46	1.15	3.59	4.01	2.81
Income Tax Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.23	0.00
Net Income	-2.66	2.07	2.92	29.72	9.96	0.99	3.59	4.01	2.81
Net Income - Continuous Operations	-2.66	2.25	3.27	33.96	9.96	0.99	3.59	4.01	2.81
Net Income - Discontinued Operations	-	-	-	-	-	-	-	-	-
EBITDA	40.76	36.74	32.35	33.64	30.74	12.16	8.93	8.69	6.21
EBIT	12.59	11.67	7.01	10.41	5.49	-	-	-	-
Depreciation & Amortization	27.38	25.08	25.34	23.24	15.94	9.84	5.31	5.55	5.41
Earnings Per Share
Basic EPS	-	-	-	2.00	1.00	-	-	-	-
Diluted EPS	-	-	-	2.00	1.00	-	-	-	-
Basic Shares Outstanding	14.33	13.86	13.93	11.98	9.78	7.59	7.89	9.13	7.90
Diluted Shares Outstanding	15.55	15.08	15.56	13.68	11.25	8.81	7.89	9.13	9.13

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Alpine Income Property Trust Financial Statements

What was Alpine Income Property Trust's revenue in fiscal 2025?

Alpine Income Property Trust reported revenue of $60.53M in fiscal 2025 (fiscal year ended Dec 31, 2025). That was up 15.9% from $52.23M a year earlier.

Is Alpine Income Property Trust profitable?

No. Alpine Income Property Trust reported a net loss of $2.66M in fiscal 2025. In fiscal 2024 it earned $2.07M.

What is Alpine Income Property Trust's operating margin?

Alpine Income Property Trust's operating income was $18.48M on revenue of $60.53M in fiscal 2025, an operating margin of 30.5%, compared with 20.2% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition