Innovative Industrial Properties Inc (IIPR-PA) Construction in Progress (2018 - 2026)

Innovative Industrial Properties (IIPR-PA) reported Construction in Progress of $40.3 million for Q1 2026, down 33.36% on a YoY basis from $60.5 million in Q1 2025, and down 0.69% sequentially from $40.6 million in Q4 2025.

Innovative Industrial Properties Inc (IIPR-PA) Construction in Progress (2018 - 2026) Analysis & Trends

Innovative Industrial Properties (IIPR-PA) has 8 years of Construction in Progress data on file, last reported at $40.3 million in Q1 2026.

  • For the quarter ending Q1 2026, Construction in Progress fell 33.36% year-over-year to $40.3 million; the trailing twelve-month figure through Mar 2026 stood at $40.3 million (down 33.36% YoY), and the FY2025 full-year result was $40.6 million, down 34.94% from the prior year.
  • Construction in Progress eased to $40.3 million in Q1 2026, from $40.6 million in the prior quarter.
  • In the past five years, Construction in Progress ranged from a high of $123.9 million in Q1 2024 to a low of $40.3 million in Q1 2026.
  • A 5-year average of $77.2 million and a median of $61.5 million in 2022 frame the typical range for Construction in Progress.
  • Across the five-year window, Construction in Progress soared 1696.84% in 2022 and sank 51.18% in 2025, its largest moves.
  • Tracing IIPR-PA's Construction in Progress over 5 years: stood at $54.1 million in 2022, then surged by 117.67% to $117.8 million in 2023, then slumped by 47.02% to $62.4 million in 2024, then slumped by 34.94% to $40.6 million in 2025, then slipped by 0.69% to $40.3 million in 2026.
  • Business Quant data shows IIPR-PA's Construction in Progress at $40.3 million in Q1 2026, $40.6 million in Q4 2025, and $57.7 million in Q3 2025.

Peer Comparison

Historic Data

Download Data
DateValue
Mar 31, 2026 40.31 Mn
Dec 31, 2025 40.59 Mn
Sep 30, 2025 57.71 Mn
Jun 30, 2025 57.49 Mn
Mar 31, 2025 60.49 Mn
Dec 31, 2024 62.39 Mn
Sep 30, 2024 60.00 Mn
Jun 30, 2024 97.83 Mn
Mar 31, 2024 123.91 Mn
Dec 31, 2023 117.77 Mn
Sep 30, 2023 107.77 Mn
Jun 30, 2023 117.41 Mn
Mar 31, 2023 108.46 Mn
Dec 31, 2022 54.11 Mn
Sep 30, 2022 60.55 Mn
Jun 30, 2022 68.91 Mn
Sep 30, 2021 4.58 Mn
Jun 30, 2021 3.84 Mn
Mar 31, 2021 2.43 Mn
Mar 31, 2019 666,000.00