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Innovative Industrial Properties (IIPR)
NYSE:IIPR
US Market
IIPR
Innovative Industrial Properties
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Innovative Industrial Properties (IIPR) Income Statement

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Innovative Industrial Properties Income Statement

Last quarter (Q1 2026), Innovative Industrial Properties's total revenue was $69.00M, a decrease of -3.80% from the same quarter last year. In Q1, Innovative Industrial Properties's net income was $32.81M. See Innovative Industrial Properties’s key income statements, including revenue, expenses, profit, and income.
Income Statement
Dec 25Dec 24Dec 23Dec 22Dec 21
Total Revenue
$ 265.95M$ 308.52M$ 309.51M$ 276.36M$ 204.55M
Gross Profit
$ 235.78M$ 280.05M$ 284.61M$ 265.84M$ 200.11M
Operating Expenses
$ 111.66M$ 111.70M$ 110.03M$ 96.22M$ 64.74M
Depreciation and Amortization
$ 74.07M$ 70.81M$ 67.19M$ 61.30M$ 41.78M
EBITDA
$ 208.70M$ 248.72M$ 248.88M$ 232.64M$ 172.15M
Operating Income
$ 124.12M$ 168.34M$ 174.59M$ 169.62M$ 135.37M
Other Income/Expenses
$ -9.69M$ -6.69M$ -9.00M$ -15.23M$ -21.38M
Pretax Income
$ 114.44M$ 161.65M$ 165.59M$ 154.39M$ 113.99M
Net Income
$ 114.44M$ 161.66M$ 165.59M$ 154.39M$ 113.99M
Per Share Metrics
Basic EPS
$ 3.98$ 5.58$ 5.82$ 5.57$ 4.69
Diluted EPS
$ 3.93$ 5.52$ 5.77$ 5.52$ 4.55
Weighted Average Shares Outstanding
 28.01M 28.23M 27.98M 27.35M 23.90M
Weighted Average Shares Outstanding (Diluted)
 28.38M 28.53M 28.26M 27.66M 26.26M
Currency in USD

Innovative Industrial Properties Earnings and Revenue History