Innovative Industrial Properties (IIPR) EBITDA (2017 - 2026)

Innovative Industrial Properties (IIPR) reported EBITDA of $32.9 million for Q1 2026, down 3.11% on a YoY basis from $34.0 million in Q1 2025, and up 3.34% sequentially from $31.8 million in Q4 2025.

Innovative Industrial Properties (IIPR) EBITDA (2017 - 2026) Analysis & Trends

Innovative Industrial Properties (IIPR) has 10 years of EBITDA data on file, last reported at $32.9 million in Q1 2026.

  • For the quarter ending Q1 2026, EBITDA fell 3.11% year-over-year to $32.9 million; the trailing twelve-month figure through Mar 2026 stood at $123.1 million (down 23.22% YoY), and the FY2025 full-year result was $124.1 million, down 26.27% from the prior year.
  • EBITDA climbed to $32.9 million in Q1 2026, from $31.8 million in the prior quarter.
  • In the past five years, EBITDA ranged from a high of $44.2 million in Q4 2022 to a low of $28.9 million in Q2 2025.
  • A 5-year average of $39.4 million and a median of $42.0 million in 2024 frame the typical range for EBITDA.
  • Across the five-year window, EBITDA surged 44.09% in 2022 and slumped 31.76% in 2025, its largest moves.
  • Tracing IIPR's EBITDA over 5 years: stood at $44.2 million in 2022, then retreated by 0.64% to $44.0 million in 2023, then decreased by 4.43% to $42.0 million in 2024, then dropped by 24.19% to $31.8 million in 2025, then grew by 3.34% to $32.9 million in 2026.
  • Business Quant data shows IIPR's EBITDA at $32.9 million in Q1 2026, $31.8 million in Q4 2025, and $29.4 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Prologis 134.75 Bn 139.31 Bn 2.24 Bn 1.63 Bn
2 Public Storage 55.31 Bn 55.27 Bn 1.18 Bn 474.28 Mn
3 Extra Space Storage 30.66 Bn 31.49 Bn 617.72 Mn 367.55 Mn
4 Eastgroup Properties 11.49 Bn 11.49 Bn 193.10 Mn 78.57 Mn
5 CubeSmart 9.34 Bn 9.36 Bn 191.86 Mn 23.17 Mn
6 Lineage 9.30 Bn 9.23 Bn 417.00 Mn 36.00 Mn
7 Rexford Industrial Realty 8.22 Bn 8.54 Bn - -
8 STAG Industrial 7.73 Bn 7.81 Bn - -
9 Terreno Realty 7.56 Bn 7.56 Bn - -
10 Innovative Industrial Properties 1.71 Bn 1.71 Bn - 32.91 Mn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 32.94 Mn