Innovative Industrial Properties (IIPR) EBITDA (2017 - 2026)
Innovative Industrial Properties' (IIPR) quarterly EBITDA came in at $41.4 million in Q2 2026, down 12.18% year-over-year from $47.2 million in Q2 2025, and up 25.95% quarter-over-quarter from $32.9 million in Q1 2026.
Analysis
Innovative Industrial Properties (IIPR) EBITDA (2017 - 2026) Analysis & Trends
Innovative Industrial Properties has disclosed EBITDA across 10 years of filings, most recently posting $41.4 million for Q2 2026.
- In Q2 2026, EBITDA fell 12.18% year-over-year to $41.4 million; the TTM figure through Jun 2026 stood at $172.1 million (down 21.42% YoY), while the FY2025 annual figure was $197.1 million, down 17.26% from the prior year.
- EBITDA came in at $41.4 million for Q2 2026 at Innovative Industrial Properties, up from $32.9 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.
- Average EBITDA over 5 years is $54.5 million, with a median of $59.0 million recorded in 2022.
- Year-over-year, EBITDA soared 46.88% in 2022 and slumped 36.91% in 2026.
- Over 5 years, 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 dropped by 17.35% to $41.4 million in 2026.
- Per Business Quant data, the three most recent EBITDA figures were $41.4 million in Q2 2026, $32.9 million in Q1 2026, and $50.1 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Prologis | 128.11 Bn | 132.50 Bn | 2.41 Bn | 1.25 Bn |
| 2 | Eastgroup Properties | 10.68 Bn | 10.68 Bn | 193.10 Mn | 124.47 Mn |
| 3 | Lineage | 8.70 Bn | 9.63 Bn | 425.00 Mn | 236.00 Mn |
| 4 | Rexford Industrial Realty | 8.20 Bn | 8.55 Bn | - | - |
| 5 | STAG Industrial | 7.26 Bn | 7.34 Bn | - | - |
| 6 | Terreno Realty | 7.07 Bn | 7.07 Bn | - | - |
| 7 | Americold Realty Trust | 4.06 Bn | 4.06 Bn | 212.69 Mn | -287.83 Mn |
| 8 | LXP Industrial Trust | 3.58 Bn | 3.60 Bn | 71.94 Mn | 62.22 Mn |
| 9 | Innovative Industrial Properties | 1.57 Bn | 1.57 Bn | - | 41.45 Mn |
| 10 | Industrial Logistics Properties Trust | 549.45 Mn | 928.96 Mn | - | 67.36 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 41.45 Mn |
| 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 |