Innovative Industrial Properties (IIPR-PA) Revenue (2017 - 2026)
Innovative Industrial Properties' (IIPR-PA) quarterly Revenue came in at $69.0 million in Q1 2026, down 3.8% year-on-year from $71.7 million in Q1 2025, and up 3.51% quarter-over-quarter from $66.7 million in Q4 2025.
Innovative Industrial Properties (IIPR-PA) Revenue (2017 - 2026) Analysis & Trends
Innovative Industrial Properties has disclosed Revenue across 10 years of filings, most recently posting $69.0 million for Q1 2026.
- Revenue for Q1 2026 came in at $69.0 million, down 3.8% year-over-year; the trailing twelve-month figure through Mar 2026 was $263.2 million (down 13.63% YoY), and the FY2025 annual result was $266.0 million, down 13.8% from the prior year.
- Revenue came in at $69.0 million for Q1 2026 at Innovative Industrial Properties, up from $66.7 million in the prior quarter.
- In the past five years, Revenue ranged from a high of $79.8 million in Q2 2024 to a low of $62.9 million in Q2 2025.
- The 5-year median for Revenue is $71.7 million (2025), against an average of $72.3 million.
- Across the five-year window, Revenue jumped 50.41% in 2022 and slipped 21.18% in 2025, its largest moves.
- Innovative Industrial Properties' Revenue stood at $70.5 million in 2022, then advanced by 12.34% to $79.2 million in 2023, then fell by 3.05% to $76.7 million in 2024, then fell by 13.14% to $66.7 million in 2025, then climbed by 3.51% to $69.0 million in 2026.
- The last three Revenue figures came in at $69.0 million (Q1 2026), $66.7 million (Q4 2025), and $64.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Prologis | 137.79 Bn | 141.12 Bn | 2.24 Bn | 2.25 Bn |
| 2 | Public Storage | 57.19 Bn | 57.15 Bn | 1.18 Bn | 1.22 Bn |
| 3 | Extra Space Storage | 31.69 Bn | 32.52 Bn | -204.61 Mn | 33.70 Mn |
| 4 | Eastgroup Properties | 10.93 Bn | 10.93 Bn | 190.03 Mn | 190.26 Mn |
| 5 | Lineage | 10.07 Bn | 10.97 Bn | 417.00 Mn | 1.30 Bn |
| 6 | CubeSmart | 9.54 Bn | 9.57 Bn | 191.86 Mn | 281.93 Mn |
| 7 | Rexford Industrial Realty | 7.99 Bn | 8.37 Bn | - | - |
| 8 | STAG Industrial | 7.40 Bn | 7.47 Bn | - | 224.21 Mn |
| 9 | Terreno Realty | 7.04 Bn | 7.04 Bn | - | 124.44 Mn |
| 10 | Innovative Industrial Properties | - | - | - | 69.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 69.00 Mn |
| Dec 31, 2025 | 66.66 Mn |
| Sep 30, 2025 | 64.69 Mn |
| Jun 30, 2025 | 62.89 Mn |
| Mar 31, 2025 | 71.72 Mn |
| Dec 31, 2024 | 76.74 Mn |
| Sep 30, 2024 | 76.53 Mn |
| Jun 30, 2024 | 79.79 Mn |
| Mar 31, 2024 | 75.45 Mn |
| Dec 31, 2023 | 79.16 Mn |
| Sep 30, 2023 | 77.83 Mn |
| Jun 30, 2023 | 76.46 Mn |
| Mar 31, 2023 | 76.07 Mn |
| Dec 31, 2022 | 70.46 Mn |
| Sep 30, 2022 | 70.88 Mn |
| Jun 30, 2022 | 70.51 Mn |
| Mar 31, 2022 | 64.50 Mn |
| Dec 31, 2021 | 58.94 Mn |
| Sep 30, 2021 | 53.86 Mn |
| Jun 30, 2021 | 48.87 Mn |