Clipper Realty Inc.CLPREarnings & Financial Report
Clipper Equity LLC is a partnership led by David Bistricer and Sam Levinson. The firm owns more than 60 buildings, with thousands of residential units, in New York and New Jersey. The partnership are known for their attempted purchase of the Starrett City housing complex in Brooklyn, New York, for $1.3 billion on February 8, 2007, in one of the largest real estate transactions in history. New York's Mayor Michael Bloomberg expressed concerns over the new landlord's history of building violati...
CLPR Q3 2025 Key Financial Metrics
Revenue
$37.7M
Gross Profit
$8.9M
Operating Profit
$8.9M
Net Profit
$-4.6M
Gross Margin
23.6%
Operating Margin
23.6%
Net Margin
-12.2%
YoY Growth
0.2%
EPS
$-0.14
Financial Flow
Clipper Realty Inc. Q3 2025 Financial Summary
Clipper Realty Inc. reported revenue of $37.7M for Q3 2025, with a net profit of $-4.6M (-12.2% margin). Cost of goods sold was $28.8M, operating expenses totaled $0.
Key Financial Metrics
| Total Revenue | $37.7M |
|---|---|
| Net Profit | $-4.6M |
| Gross Margin | 23.6% |
| Operating Margin | 23.6% |
| Report Period | Q3 2025 |
Clipper Realty Inc. Annual Revenue by Year
Clipper Realty Inc. annual revenue history includes year-by-year totals (for example, 2024 revenue was $148.8M).
| Year | Annual Revenue |
|---|---|
| 2024 | $148.8M |
| 2023 | $138.2M |
| 2022 | $129.7M |
Income Statement
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $34.9M | $35.8M | $37.3M | $37.6M | $38.0M | $39.4M | $39.0M | $37.7M |
| YoY Growth | 5.6% | 6.2% | 8.1% | 7.1% | 9.1% | 10.2% | 4.5% | 0.2% |
Balance Sheet
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $1.25B | $1.26B | $1.27B | $1.29B | $1.29B | $1.26B | $1.24B | $1.24B |
| Liabilities | $1.24B | $1.26B | $1.28B | $1.30B | $1.30B | $1.31B | $1.30B | $1.30B |
| Equity | $2.7M | $279000 | $-1.8M | $-3.6M | $-5.4M | $-20.1M | $-21.9M | $-25.0M |
Cash Flow
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $9.1M | $6.3M | $8.8M | $6.3M | $10.5M | $6.7M | $8.4M | $1.4M |