Innovative Industrial Properties (IIPR) EBIT (2017 - 2026)
Innovative Industrial Properties' EBIT came in at $41.45 million for Q2 2026, up 43.4% from $28.9 million a year earlier and up 25.9% from the prior quarter.
Innovative Industrial Properties (IIPR) EBIT (2017 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Innovative Industrial Properties reported EBIT of $135.62 million, down 7.6% year-over-year; for FY2025, it came in at $124.12 million, down 26.3% from FY2024.
- EBIT carries a five-year compound annual growth rate of 12.2% (FY2020 to FY2025).
- Going back by year, EBIT was $168.35 million in FY2024 (-3.6%), $174.59 million in FY2023 (+2.9%), $169.62 million in FY2022 (+25.3%) and $135.37 million in FY2021 (+94.1%).
- The Q2 2026 figure represents the highest quarterly EBIT since Q4 2024.
- Year-over-year, EBIT increased in 1 of the last eight quarters, with an average decline of 9.2%.
- The fastest year-over-year change in EBIT over five years came in Q3 2021 (growth of 77.7%), and the weakest in Q2 2025 (a decline of 31.8%).
- Business Quant data shows IIPR's EBIT at $32.91 million (Q1 2026), $31.85 million (Q4 2025) and $29.41 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 157.27 Bn | 138.76 Bn | 1.39 Bn | -1.83 Bn |
| 2 | Prologis | 119.02 Bn | 119.02 Bn | - | 1.25 Bn |
| 3 | Simon Property | 64.22 Bn | 64.22 Bn | - | 762.16 Mn |
| 4 | Realty Income | 49.78 Bn | 49.78 Bn | - | 708.40 Mn |
| 5 | Public Storage | 49.58 Bn | 48.57 Bn | - | 466.68 Mn |
| 6 | Ventas | 39.19 Bn | 37.87 Bn | - | 214.27 Mn |
| 7 | Extra Space Storage | 27.79 Bn | 27.79 Bn | 642.43 Mn | 392.18 Mn |
| 8 | Vici Properties | 24.68 Bn | 22.79 Bn | 1.05 Bn | 735.50 Mn |
| 9 | Vivmark Residential | 22.20 Bn | 22.20 Bn | - | 202.93 Mn |
| 10 | Innovative Industrial Properties | 1.46 Bn | 1.46 Bn | - | 41.45 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 41.45 Mn |
| Mar 31, 2026 | 32.91 Mn |
| Dec 31, 2025 | 31.85 Mn |
| Sep 30, 2025 | 29.41 Mn |
| Jun 30, 2025 | 28.90 Mn |
| Mar 31, 2025 | 33.96 Mn |
| Dec 31, 2024 | 42.01 Mn |
| Sep 30, 2024 | 41.96 Mn |
| Jun 30, 2024 | 42.35 Mn |
| Mar 31, 2024 | 42.03 Mn |
| Dec 31, 2023 | 43.96 Mn |
| Sep 30, 2023 | 43.85 Mn |
| Jun 30, 2023 | 43.42 Mn |
| Mar 31, 2023 | 43.36 Mn |
| Dec 31, 2022 | 44.24 Mn |
| Sep 30, 2022 | 41.36 Mn |
| Jun 30, 2022 | 44.14 Mn |
| Mar 31, 2022 | 39.88 Mn |
| Dec 31, 2021 | 38.46 Mn |
| Sep 30, 2021 | 36.29 Mn |
Innovative Industrial Properties EBIT 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=ebit&ticker=IIPR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebit", "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=ebit&ticker=IIPR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();