Innovative Industrial Properties (IIPR) Cash from Operations (2017 - 2026)
Innovative Industrial Properties (IIPR) reported Cash from Operations of $49.45 million for Q3 2026, up 8.5% from $45.59 million a year earlier and up 10.1% from the prior quarter.
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Analysis
Innovative Industrial Properties (IIPR) Cash from Operations (2017 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Innovative Industrial Properties' Cash from Operations came in at $200.31 million, down 2.8% year-over-year; for FY2025, it was $198.19 million, down 23.3% from FY2024.
- Cash from Operations has a five-year compound annual growth rate of 12.3% (FY2020 to FY2025).
- By year, Cash from Operations came in at $258.45 million in FY2024 (+1.1%), $255.54 million in FY2023 (+9.1%), $234.13 million in FY2022 (+24.0%) and $188.75 million in FY2021 (+70.3%).
- Five-year quarterly Cash from Operations spans a low of $44.92 million in Q2 2026 and a high of $71.57 million in Q1 2024.
- Year over year, Cash from Operations gained in two of the last eight quarters, with an average decline of 12.5%.
- The high point for year-over-year Cash from Operations in five years was Q1 2022 (growth of 40.5%); the low point was Q3 2025 (a decline of 29.7%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $44.92 million (Q2 2026), $56.03 million (Q1 2026) and $49.91 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Ops. (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 177.74 Bn | 163.76 Bn | 1.47 Bn | 1.00 Bn |
| 2 | Prologis | 120.05 Bn | 114.00 Bn | - | 1.76 Bn |
| 3 | Simon Property | 74.18 Bn | 70.24 Bn | - | 1.20 Bn |
| 4 | Public Storage | 62.09 Bn | 60.82 Bn | - | 708.85 Mn |
| 5 | Realty Income | 55.76 Bn | 54.03 Bn | - | 925.98 Mn |
| 6 | Ventas | 45.60 Bn | 44.27 Bn | - | 489.60 Mn |
| 7 | Extra Space Storage | 33.58 Bn | 32.49 Bn | 650.96 Mn | 467.13 Mn |
| 8 | Vici Properties | 27.29 Bn | 25.64 Bn | 1.06 Bn | 655.21 Mn |
| 9 | Vivmark Residential | 24.52 Bn | 24.30 Bn | - | 301.88 Mn |
| 10 | Innovative Industrial Properties | 1.50 Bn | 1.01 Bn | - | 49.45 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 49.45 Mn |
| Jun 30, 2026 | 44.92 Mn |
| Mar 31, 2026 | 56.03 Mn |
| Dec 31, 2025 | 49.91 Mn |
| Sep 30, 2025 | 45.59 Mn |
| Jun 30, 2025 | 48.45 Mn |
| Mar 31, 2025 | 54.24 Mn |
| Dec 31, 2024 | 57.81 Mn |
| Sep 30, 2024 | 64.87 Mn |
| Jun 30, 2024 | 64.21 Mn |
| Mar 31, 2024 | 71.57 Mn |
| Dec 31, 2023 | 66.08 Mn |
| Sep 30, 2023 | 63.08 Mn |
| Jun 30, 2023 | 61.76 Mn |
| Mar 31, 2023 | 64.62 Mn |
| Dec 31, 2022 | 55.36 Mn |
| Sep 30, 2022 | 56.79 Mn |
| Jun 30, 2022 | 62.10 Mn |
| Mar 31, 2022 | 59.88 Mn |
| Dec 31, 2021 | 47.79 Mn |
API Access
Innovative Industrial Properties Cash from Operations API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cash-from-operations&ticker=IIPR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-from-operations", "ticker": "IIPR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cash-from-operations&ticker=IIPR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();