Innovative Industrial Properties, Inc.

IIPR Real Estate Reit Industrial

Innovative Industrial Properties, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $266.0 million, down 13.8% from fiscal 2024.

Revenue
+0.36%
EPS
+17.8%
Free cash flow
+8.47%
Total debt
+104.6%

Quarter to September 2026, against a year earlier

54.11 1.19 −2.15%
Market cap
$1.5B
P/E
11.8×
Fwd P/E
12.2×
Dividend yield
13.8%
F-score
4/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

An Income Statement, also known as a Profit and Loss Statement, summarizes a company's revenues, expenses, and profits over a specific period. It highlights how revenue is transformed into net income, showcasing operational efficiency. Key components include total revenue, cost of goods sold (COGS), gross profit, operating expenses, and net profit. Businesses use the Income Statement to assess financial performance, make strategic decisions, and ensure profitability. Investors and stakeholders analyze it to gauge the company’s financial health and future growth potential.

Older periods Dec '25 Mar '26 Jun '26 Sep '26
Revenue

+8 more TTM periods

265.96 263.23 263.65 263.89
Gross Profit
235.78 232.86 232.95 234.20
Operating Income
124.12 123.07 135.62 135.59
EBT
118.25 119.98 137.81 140.40
Income after Tax
118.25 119.98 137.81 140.40
Net Income Common
114.44 114.29 129.81 129.83
EPS (Diluted)
3.92 3.91 4.41 4.58
Shares (Diluted, Weighted)
28.40 28.37 28.79 28.70
Gross Margin
88.65% 88.46% 88.35% 88.75%
EBIT Margin
46.67% 46.75% 51.44% 51.38%
Net Profit Margin
43.03% 43.42% 49.24% 49.20%
Free Cash Flow Margin
75.36% 77.81% 91.84% 93.22%
EBITDA
200.19 199.43 213.02 215.05
EBIT
124.12 123.07 135.62 135.59

Show all line items

In millions of $ except per-share values · columns are period end dates · fundamentals updated 5 Nov 2026