vs

Side-by-side financial comparison of GRAN TIERRA ENERGY INC. (GTE) and INNOVATIVE INDUSTRIAL PROPERTIES INC (IIPR). Click either name above to swap in a different company.

GRAN TIERRA ENERGY INC. is the larger business by last-quarter revenue ($124.4M vs $66.7M, roughly 1.9× INNOVATIVE INDUSTRIAL PROPERTIES INC). INNOVATIVE INDUSTRIAL PROPERTIES INC runs the higher net margin — 47.8% vs -113.4%, a 161.2% gap on every dollar of revenue. On growth, INNOVATIVE INDUSTRIAL PROPERTIES INC posted the faster year-over-year revenue change (-13.1% vs -15.5%). Over the past eight quarters, INNOVATIVE INDUSTRIAL PROPERTIES INC's revenue compounded faster (-6.0% CAGR vs -11.1%).

Gran Tierra Energy is an energy company founded by Jeffrey Scott, Dana Coffield, Max Wei, Jim Hart and Rafael Orunesu in May 2005. The company, based in Calgary, Alberta, Canada, focuses on oil and gas exploration, development and production, particularly in South America. The company announced its intentions to merge with Solana Resources on 29 July 2008.

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. ...

GTE vs IIPR — Head-to-Head

Bigger by revenue
GTE
GTE
1.9× larger
GTE
$124.4M
$66.7M
IIPR
Growing faster (revenue YoY)
IIPR
IIPR
+2.4% gap
IIPR
-13.1%
-15.5%
GTE
Higher net margin
IIPR
IIPR
161.2% more per $
IIPR
47.8%
-113.4%
GTE
Faster 2-yr revenue CAGR
IIPR
IIPR
Annualised
IIPR
-6.0%
-11.1%
GTE

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
GTE
GTE
IIPR
IIPR
Revenue
$124.4M
$66.7M
Net Profit
$-141.1M
$31.8M
Gross Margin
Operating Margin
-142.9%
47.8%
Net Margin
-113.4%
47.8%
Revenue YoY
-15.5%
-13.1%
Net Profit YoY
-312.6%
-20.4%
EPS (diluted)
$-3.98
$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
GTE
GTE
IIPR
IIPR
Q4 25
$124.4M
$66.7M
Q3 25
$149.3M
$64.7M
Q2 25
$152.5M
$62.9M
Q1 25
$170.5M
$71.7M
Q4 24
$147.3M
$76.7M
Q3 24
$151.4M
$76.5M
Q2 24
$165.6M
$79.8M
Q1 24
$157.6M
$75.5M
Net Profit
GTE
GTE
IIPR
IIPR
Q4 25
$-141.1M
$31.8M
Q3 25
$-19.9M
$29.3M
Q2 25
$-12.7M
$26.0M
Q1 25
$-19.3M
$31.1M
Q4 24
$-34.2M
$40.0M
Q3 24
$1.1M
$40.2M
Q2 24
$36.4M
$42.0M
Q1 24
$-78.0K
$39.4M
Operating Margin
GTE
GTE
IIPR
IIPR
Q4 25
-142.9%
47.8%
Q3 25
-20.9%
45.5%
Q2 25
-5.3%
45.9%
Q1 25
-9.2%
47.4%
Q4 24
-14.9%
54.7%
Q3 24
14.5%
54.8%
Q2 24
16.5%
53.1%
Q1 24
11.0%
55.7%
Net Margin
GTE
GTE
IIPR
IIPR
Q4 25
-113.4%
47.8%
Q3 25
-13.4%
45.3%
Q2 25
-8.4%
41.4%
Q1 25
-11.3%
43.3%
Q4 24
-23.2%
52.2%
Q3 24
0.7%
52.6%
Q2 24
22.0%
52.6%
Q1 24
-0.0%
52.3%
EPS (diluted)
GTE
GTE
IIPR
IIPR
Q4 25
$-3.98
$1.07
Q3 25
$-0.57
$0.97
Q2 25
$-0.36
$0.86
Q1 25
$-0.54
$1.03
Q4 24
$-1.10
$1.35
Q3 24
$0.04
$1.37
Q2 24
$1.16
$1.44
Q1 24
$0.00
$1.36

Balance Sheet & Financial Strength

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

Metric
GTE
GTE
IIPR
IIPR
Cash + ST InvestmentsLiquidity on hand
$82.9M
$47.6M
Total DebtLower is stronger
$686.5M
$393.7M
Stockholders' EquityBook value
$228.7M
$1.8B
Total Assets
$1.6B
$2.4B
Debt / EquityLower = less leverage
3.00×
0.21×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GTE
GTE
IIPR
IIPR
Q4 25
$82.9M
$47.6M
Q3 25
$49.1M
$41.9M
Q2 25
$61.0M
$104.9M
Q1 25
$76.6M
$133.3M
Q4 24
$103.4M
$151.2M
Q3 24
$277.6M
$172.4M
Q2 24
$115.3M
$160.9M
Q1 24
$126.6M
$173.5M
Total Debt
GTE
GTE
IIPR
IIPR
Q4 25
$686.5M
$393.7M
Q3 25
$761.8M
Q2 25
$772.6M
Q1 25
$726.3M
Q4 24
$722.1M
Q3 24
$718.4M
Q2 24
$582.1M
Q1 24
$583.1M
Stockholders' Equity
GTE
GTE
IIPR
IIPR
Q4 25
$228.7M
$1.8B
Q3 25
$366.0M
$1.9B
Q2 25
$389.8M
$1.9B
Q1 25
$393.8M
$1.9B
Q4 24
$413.6M
$1.9B
Q3 24
$420.9M
$1.9B
Q2 24
$420.9M
$1.9B
Q1 24
$392.0M
$2.0B
Total Assets
GTE
GTE
IIPR
IIPR
Q4 25
$1.6B
$2.4B
Q3 25
$1.7B
$2.3B
Q2 25
$1.7B
$2.3B
Q1 25
$1.7B
$2.4B
Q4 24
$1.7B
$2.4B
Q3 24
$1.5B
$2.4B
Q2 24
$1.4B
$2.4B
Q1 24
$1.4B
$2.4B
Debt / Equity
GTE
GTE
IIPR
IIPR
Q4 25
3.00×
0.21×
Q3 25
2.08×
Q2 25
1.98×
Q1 25
1.84×
Q4 24
1.75×
Q3 24
1.71×
Q2 24
1.38×
Q1 24
1.49×

Cash Flow & Capital Efficiency

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

Metric
GTE
GTE
IIPR
IIPR
Operating Cash FlowLast quarter
$157.2M
$198.2M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
6.22×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GTE
GTE
IIPR
IIPR
Q4 25
$157.2M
$198.2M
Q3 25
$48.1M
$45.6M
Q2 25
$34.7M
$48.4M
Q1 25
$73.2M
$54.2M
Q4 24
$26.6M
$258.4M
Q3 24
$78.7M
$64.9M
Q2 24
$73.2M
$64.2M
Q1 24
$60.8M
$71.6M
Cash Conversion
GTE
GTE
IIPR
IIPR
Q4 25
6.22×
Q3 25
1.56×
Q2 25
1.86×
Q1 25
1.75×
Q4 24
6.46×
Q3 24
69.42×
1.61×
Q2 24
2.01×
1.53×
Q1 24
1.82×

Financial Flow Comparison

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

Revenue Breakdown by Segment

GTE
GTE

Colombia Segment$89.1M72%
Other$22.9M18%
Ecuador Segment$12.5M10%

IIPR
IIPR

Segment breakdown not available.

Related Comparisons