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| Date | Value |
|---|---|
| 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 |