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Innovative Industrial Properties, Inc. (IIPR) Graph

IIPR Revenue Flow

Filed revenue amounts for 2026-04-01 to 2026-06-30. Coverage is partial. Unconnected amounts are separate disclosures; they must not be added together.

  • 2026-06-30: Revenue $63.31M; Operating expenses $33.71M; Net income $43.85M.
  • 2026-03-31: Revenue $69.00M; Operating expenses $36.51M; Net income $32.81M.
  • 2025-12-31: Revenue $66.66M*; Operating expenses $34.48M*; Net income $31.84M*.
  • 2025-09-30: Revenue $64.69M; Operating expenses $35.27M; Net income $29.30M.

Revenue flow

Separate filed amounts; connecting flows are not established. Components and totals may overlap.

IIPR revenue flowFiled amounts. Only explicit calculation relationships connect amounts; dimensional membership alone does not establish an additive flow.Revenue$63.32MOperating expenses$33.71MOperating income$41.45MNet income$43.85M

Finer product or service dollar figures and nonoverlapping groupings are shown only where supported by the retained filing evidence. Growth percentages are never converted to revenue dollars.

Historical revenue and expense breakdown

Revenue and expense 3 month

Period endRevenueOperating expensesNet income
2026-06-30$63.31M$33.71M$43.85M
2026-03-31$69.00M$36.51M$32.81M
2025-12-31$66.66M*$34.48M*$31.84M*
2025-09-30$64.69M$35.27M$29.30M
2025-06-30$62.89M$33.99M$26.02M
2025-03-31$71.72M$37.76M$31.08M
2024-09-30$76.53M$34.57M$40.22M
2024-06-30$79.79M$34.00M$41.99M
2024-03-31$75.45M$33.42M$39.43M
2023-09-30$77.83M$33.98M$41.59M
2023-06-30$76.46M$33.03M$41.27M
2023-03-31$76.07M$32.71M$41.09M
2022-09-30$70.88M$29.53M$37.62M
2022-06-30$70.51M$26.37M$40.21M
2022-03-31$64.50M$24.63M$35.05M
2021-09-30$53.86M$17.56M$30.09M
2021-06-30$48.87M$15.93M$29.34M
2021-03-31$42.88M$15.21M$25.93M
2020-12-31$37.09M$14.23M$21.33M
2020-09-30$34.33M$13.90M$19.21M
2020-06-30$24.35M$10.17M$13.31M
2020-03-31$21.13M$8.85M$11.87M
2019-12-31$17.67M$7.07M$9.90M
2019-09-30$11.55M$4.73M$6.52M
2019-06-30$8.62M$4.54M$3.41M
2019-03-31$6.82M$3.38M$3.64M
2018-12-31$4.78M$2.98M$2.67M
2018-09-30$3.93M$2.35M$1.83M
2018-06-30$3.31M$2.08M$1.54M
2018-03-31$2.76M$2.04M$945.00K
2017-09-30$1.56M$1.26M$334.00K
2017-06-30$1.29M$1.75M-$422.00K
2017-03-31(m)$1.92M-$591.00K

Revenue and expense 6 month

Period endRevenueOperating expensesNet income
2026-06-30$132.31M$70.22M$76.66M
2025-06-30$134.61M$71.75M$57.10M
2024-06-30$155.25M$67.42M$81.42M
2023-06-30$152.52M$65.74M$82.36M
2022-06-30$135.01M$50.99M$75.26M
2021-06-30$91.75M$31.14M$55.27M
2020-06-30$45.48M$19.02M$25.18M
2019-06-30$15.44M$7.93M$7.05M
2018-06-30$6.08M$4.12M$2.49M
2017-06-30$2.58M$3.67M-$1.01M

Revenue and expense 7 month

Period endOperating expensesNet income
2016-12-31$4.71M-$4.39M

Revenue and expense 9 month

Period endRevenueOperating expensesNet income
2025-09-30$199.30M$107.02M$86.41M
2024-09-30$231.77M$101.99M$121.64M
2023-09-30$230.35M$99.72M$123.95M
2022-09-30$205.90M$80.52M$112.88M
2021-09-30$145.61M$48.70M$85.36M
2020-09-30$79.80M$32.93M$44.40M
2019-09-30$27.00M$12.66M$13.57M
2018-09-30$10.00M$6.47M$3.64M
2017-09-30$4.14M$4.93M-$679.00K

Revenue and expense 12 month

Period endRevenueOperating expensesNet income
2025-12-31$265.95M$141.51M$118.25M
2024-12-31$308.52M$136.72M$161.66M
2023-12-31$309.51M$134.92M$165.59M
2022-12-31$276.36M$110.34M$154.39M
2021-12-31$204.55M$69.18M$113.99M
2020-12-31$116.90M$47.16M$65.73M
2019-12-31$44.67M$19.73M$23.48M
2018-12-31$14.79M$9.45M$6.99M
2017-12-31$6.42M$6.64M-$72.00K

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