Innovative Industrial Properties (IIPR-PA) Net Margin (2017 - 2026)

Innovative Industrial Properties has disclosed Net Margin across 10 years of filings, most recently posting 43.71% for Q1 2026.

• Net Margin for Q1 2026 came in at 43.71%, up 146.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 43.42% (down 614.0% YoY), and the FY2025 annual result was 43.03%, down 879.0% from the prior year.
• Net Margin came in at 43.71% for Q1 2026 at Innovative Industrial Properties, down from 46.06% in the prior quarter.
• In the past five years, Net Margin ranged from a high of 58.43% in Q4 2022 to a low of 39.98% in Q2 2025.
• The 5-year median for Net Margin is 52.17% (2023), against an average of 50.39%.
• Across the five-year window, Net Margin surged 1043 bps in 2022 and slumped 1222 bps in 2025, its largest moves.
• Innovative Industrial Properties' Net Margin stood at 58.43% in 2022, then decreased by 11 bps to 52.17% in 2023, then slipped by 1 bps to 51.42% in 2024, then slipped by 10 bps to 46.06% in 2025, then fell by 5 bps to 43.71% in 2026.
• The last three Net Margin figures came in at 43.71% (Q1 2026), 46.06% (Q4 2025), and 43.73% (Q3 2025), per Business Quant data.