vs

Side-by-side financial comparison of Gorilla Technology Group Inc. (GRRR) and INNOVATIVE INDUSTRIAL PROPERTIES INC (IIPR). Click either name above to swap in a different company.

INNOVATIVE INDUSTRIAL PROPERTIES INC is the larger business by last-quarter revenue ($66.7M vs $39.3M, roughly 1.7× Gorilla Technology Group Inc.). INNOVATIVE INDUSTRIAL PROPERTIES INC runs the higher net margin — 47.8% vs -21.6%, a 69.4% gap on every dollar of revenue. On growth, Gorilla Technology Group Inc. posted the faster year-over-year revenue change (90.2% vs -13.1%).

Gorilla Technology Group Inc. is a global AI technology solutions provider specializing in intelligent video analytics, smart city platforms, and cybersecurity products. It caters to government agencies, enterprise clients, and commercial partners across Asia Pacific, North America, and Europe, delivering scalable tools to boost operational efficiency and security for diverse industry use cases.

Oxford Properties is a Canadian multinational corporation, with operations in real estate investment, development and property management. Its portfolio includes office, retail, industrial, multi-residential, life sciences and hotel assets. Established privately in 1960 and later wholly owned by the Ontario Municipal Employees Retirement System (OMERS) since 2003, the company is headquartered in Toronto with regional head offices in New York City, London, Australia, Singapore and Luxembourg. ...

GRRR vs IIPR — Head-to-Head

Bigger by revenue
IIPR
IIPR
1.7× larger
IIPR
$66.7M
$39.3M
GRRR
Growing faster (revenue YoY)
GRRR
GRRR
+103.4% gap
GRRR
90.2%
-13.1%
IIPR
Higher net margin
IIPR
IIPR
69.4% more per $
IIPR
47.8%
-21.6%
GRRR

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
GRRR
GRRR
IIPR
IIPR
Revenue
$39.3M
$66.7M
Net Profit
$-8.5M
$31.8M
Gross Margin
34.2%
Operating Margin
-23.1%
47.8%
Net Margin
-21.6%
47.8%
Revenue YoY
90.2%
-13.1%
Net Profit YoY
-627.6%
-20.4%
EPS (diluted)
$-0.43
$1.07

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
GRRR
GRRR
IIPR
IIPR
Q4 25
$66.7M
Q3 25
$64.7M
Q2 25
$39.3M
$62.9M
Q1 25
$71.7M
Q4 24
$76.7M
Q3 24
$76.5M
Q2 24
$20.7M
$79.8M
Q1 24
$75.5M
Net Profit
GRRR
GRRR
IIPR
IIPR
Q4 25
$31.8M
Q3 25
$29.3M
Q2 25
$-8.5M
$26.0M
Q1 25
$31.1M
Q4 24
$40.0M
Q3 24
$40.2M
Q2 24
$1.6M
$42.0M
Q1 24
$39.4M
Gross Margin
GRRR
GRRR
IIPR
IIPR
Q4 25
Q3 25
Q2 25
34.2%
Q1 25
Q4 24
Q3 24
Q2 24
85.5%
Q1 24
Operating Margin
GRRR
GRRR
IIPR
IIPR
Q4 25
47.8%
Q3 25
45.5%
Q2 25
-23.1%
45.9%
Q1 25
47.4%
Q4 24
54.7%
Q3 24
54.8%
Q2 24
8.6%
53.1%
Q1 24
55.7%
Net Margin
GRRR
GRRR
IIPR
IIPR
Q4 25
47.8%
Q3 25
45.3%
Q2 25
-21.6%
41.4%
Q1 25
43.3%
Q4 24
52.2%
Q3 24
52.6%
Q2 24
7.8%
52.6%
Q1 24
52.3%
EPS (diluted)
GRRR
GRRR
IIPR
IIPR
Q4 25
$1.07
Q3 25
$0.97
Q2 25
$-0.43
$0.86
Q1 25
$1.03
Q4 24
$1.35
Q3 24
$1.37
Q2 24
$0.15
$1.44
Q1 24
$1.36

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
GRRR
GRRR
IIPR
IIPR
Cash + ST InvestmentsLiquidity on hand
$10.1M
$47.6M
Total DebtLower is stronger
$393.7M
Stockholders' EquityBook value
$98.2M
$1.8B
Total Assets
$162.7M
$2.4B
Debt / EquityLower = less leverage
0.21×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GRRR
GRRR
IIPR
IIPR
Q4 25
$47.6M
Q3 25
$41.9M
Q2 25
$10.1M
$104.9M
Q1 25
$133.3M
Q4 24
$151.2M
Q3 24
$172.4M
Q2 24
$11.2M
$160.9M
Q1 24
$173.5M
Total Debt
GRRR
GRRR
IIPR
IIPR
Q4 25
$393.7M
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
$7.4M
Q1 24
Stockholders' Equity
GRRR
GRRR
IIPR
IIPR
Q4 25
$1.8B
Q3 25
$1.9B
Q2 25
$98.2M
$1.9B
Q1 25
$1.9B
Q4 24
$1.9B
Q3 24
$1.9B
Q2 24
$72.1M
$1.9B
Q1 24
$2.0B
Total Assets
GRRR
GRRR
IIPR
IIPR
Q4 25
$2.4B
Q3 25
$2.3B
Q2 25
$162.7M
$2.3B
Q1 25
$2.4B
Q4 24
$2.4B
Q3 24
$2.4B
Q2 24
$133.1M
$2.4B
Q1 24
$2.4B
Debt / Equity
GRRR
GRRR
IIPR
IIPR
Q4 25
0.21×
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
0.10×
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
GRRR
GRRR
IIPR
IIPR
Operating Cash FlowLast quarter
$-12.5M
$198.2M
Free Cash FlowOCF − Capex
$-12.8M
FCF MarginFCF / Revenue
-32.7%
Capex IntensityCapex / Revenue
0.8%
Cash ConversionOCF / Net Profit
6.22×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GRRR
GRRR
IIPR
IIPR
Q4 25
$198.2M
Q3 25
$45.6M
Q2 25
$-12.5M
$48.4M
Q1 25
$54.2M
Q4 24
$258.4M
Q3 24
$64.9M
Q2 24
$-11.3M
$64.2M
Q1 24
$71.6M
Free Cash Flow
GRRR
GRRR
IIPR
IIPR
Q4 25
Q3 25
Q2 25
$-12.8M
Q1 25
Q4 24
Q3 24
Q2 24
$-11.6M
Q1 24
FCF Margin
GRRR
GRRR
IIPR
IIPR
Q4 25
Q3 25
Q2 25
-32.7%
Q1 25
Q4 24
Q3 24
Q2 24
-56.2%
Q1 24
Capex Intensity
GRRR
GRRR
IIPR
IIPR
Q4 25
Q3 25
Q2 25
0.8%
Q1 25
Q4 24
Q3 24
Q2 24
1.8%
Q1 24
Cash Conversion
GRRR
GRRR
IIPR
IIPR
Q4 25
6.22×
Q3 25
1.56×
Q2 25
1.86×
Q1 25
1.75×
Q4 24
6.46×
Q3 24
1.61×
Q2 24
-6.99×
1.53×
Q1 24
1.82×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Related Comparisons