Innovative Industrial Properties (IIPR) EBITDA (2017 - 2026)
Innovative Industrial Properties' (IIPR) quarterly EBITDA came in at $32.9 million in Q1 2026, down 36.91% year-on-year from $52.2 million in Q1 2025, and down 34.37% quarter-over-quarter from $50.1 million in Q4 2025.
Innovative Industrial Properties (IIPR) EBITDA (2017 - 2026) Analysis & Trends
Innovative Industrial Properties has disclosed EBITDA across 10 years of filings, most recently posting $32.9 million for Q1 2026.
- EBITDA for Q1 2026 came in at $32.9 million, down 36.91% year-over-year; the trailing twelve-month figure through Mar 2026 was $177.9 million (down 23.16% YoY), and the FY2025 annual result was $197.1 million, down 17.26% from the prior year.
- EBITDA came in at $32.9 million for Q1 2026 at Innovative Industrial Properties, down from $50.1 million in the prior quarter.
- In the past five years, EBITDA ranged from a high of $60.8 million in Q4 2023 to a low of $32.9 million in Q1 2026.
- The 5-year median for EBITDA is $59.1 million (2022), against an average of $55.3 million.
- Across the five-year window, EBITDA surged 46.88% in 2022 and tumbled 36.91% in 2026, its largest moves.
- Innovative Industrial Properties' EBITDA stood at $60.3 million in 2022, then increased by 0.69% to $60.8 million in 2023, then slipped by 1.23% to $60.0 million in 2024, then retreated by 16.43% to $50.1 million in 2025, then slumped by 34.37% to $32.9 million in 2026.
- The last three EBITDA figures came in at $32.9 million (Q1 2026), $50.1 million (Q4 2025), and $47.6 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Prologis | 137.79 Bn | 141.12 Bn | 2.24 Bn | 1.63 Bn |
| 2 | Public Storage | 57.19 Bn | 57.15 Bn | 1.18 Bn | 743.48 Mn |
| 3 | Extra Space Storage | 31.69 Bn | 32.52 Bn | -204.61 Mn | 367.55 Mn |
| 4 | Eastgroup Properties | 10.93 Bn | 10.93 Bn | 190.03 Mn | 96.60 Mn |
| 5 | Lineage | 10.07 Bn | 10.97 Bn | 417.00 Mn | -71.00 Mn |
| 6 | CubeSmart | 9.54 Bn | 9.57 Bn | 191.86 Mn | 23.17 Mn |
| 7 | Rexford Industrial Realty | 7.99 Bn | 8.37 Bn | - | - |
| 8 | STAG Industrial | 7.40 Bn | 7.47 Bn | - | - |
| 9 | Terreno Realty | 7.04 Bn | 7.04 Bn | - | - |
| 10 | Innovative Industrial Properties | 1.70 Bn | 1.70 Bn | - | 32.91 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 32.91 Mn |
| Dec 31, 2025 | 50.15 Mn |
| Sep 30, 2025 | 47.61 Mn |
| Jun 30, 2025 | 47.20 Mn |
| Mar 31, 2025 | 52.16 Mn |
| Dec 31, 2024 | 60.01 Mn |
| Sep 30, 2024 | 59.66 Mn |
| Jun 30, 2024 | 59.65 Mn |
| Mar 31, 2024 | 58.93 Mn |
| Dec 31, 2023 | 60.76 Mn |
| Sep 30, 2023 | 60.35 Mn |
| Jun 30, 2023 | 59.92 Mn |
| Mar 31, 2023 | 59.86 Mn |
| Dec 31, 2022 | 60.34 Mn |
| Sep 30, 2022 | 57.06 Mn |
| Jun 30, 2022 | 59.14 Mn |
| Mar 31, 2022 | 53.58 Mn |
| Dec 31, 2021 | 50.56 Mn |
| Sep 30, 2021 | 47.19 Mn |
| Jun 30, 2021 | 42.74 Mn |