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

Innovative Industrial Properties has reported Construction in Progress for 8 years, with the latest figure at $40.3 million in Q1 2026.

• Quarterly Construction in Progress fell 33.36% year-over-year to $40.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $40.3 million (down 33.36% YoY) and the FY2025 annual result came in at $40.6 million, down 34.94% from the prior year.
• Construction in Progress eased to $40.3 million in Q1 2026 per IIPR's latest filing, from $40.6 million in the prior quarter.
• Over five years, Construction in Progress peaked at $123.9 million in Q1 2024 and troughed at $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.
• The sharpest annual moves came in 2022 and 2025: Construction in Progress surged 1696.84% in 2022, then tumbled 51.18% in 2025.
• Over 5 years, Construction in Progress stood at $54.1 million in 2022, then surged by 117.67% to $117.8 million in 2023, then sank by 47.02% to $62.4 million in 2024, then sank by 34.94% to $40.6 million in 2025, then fell by 0.69% to $40.3 million in 2026.
• According to Business Quant data, Construction in Progress over the past three periods registered $40.3 million, $40.6 million, and $57.7 million for Q1 2026, Q4 2025, and Q3 2025 respectively.