Innovative Industrial Properties IIPR
NYSE IIPR
$56.98 -0.23 (-0.40%)
As of: Sep 9, 2026 · 3:59 PM EDT

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

Historic Data

Download Data
DateValue
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