Innovative Industrial Properties (IIPR) EBT (2017 - 2026)
Innovative Industrial Properties' EBT came in at $43.85 million for Q2 2026, up 68.5% from $26.02 million a year earlier and up 33.7% from the prior quarter.
Innovative Industrial Properties (IIPR) EBT (2017 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Innovative Industrial Properties reported EBT of $137.81 million, up 0.3% year-over-year; for FY2025, it was $118.25 million, down 26.9% from FY2024.
- EBT carries a five-year compound annual growth rate of 12.5% (FY2020 to FY2025).
- Going back by year, EBT was $161.66 million in FY2024 (-2.4%), $165.57 million in FY2023 (+7.2%), $154.51 million in FY2022 (+31.3%) and $117.68 million in FY2021 (+79.0%).
- The Q2 2026 figure represents the highest quarterly EBT in data going back to Q1 2017.
- Year-over-year, EBT increased in two of the last eight quarters, with an average decline of 5.0%.
- The fastest year-over-year change in EBT over five years came in Q2 2026 (growth of 68.5%), and the weakest in Q2 2025 (a decline of 38.0%).
- Business Quant data shows IIPR's EBT at $32.81 million (Q1 2026), $31.84 million (Q4 2025) and $29.31 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 157.27 Bn | 138.76 Bn | 1.39 Bn | 320.43 Mn |
| 2 | Prologis | 119.02 Bn | 119.02 Bn | - | 1.23 Bn |
| 3 | Simon Property | 64.22 Bn | 64.22 Bn | - | 486.50 Mn |
| 4 | Realty Income | 49.78 Bn | 49.78 Bn | - | 396.32 Mn |
| 5 | Public Storage | 49.58 Bn | 48.57 Bn | - | 505.65 Mn |
| 6 | Ventas | 39.19 Bn | 37.87 Bn | - | 54.24 Mn |
| 7 | Extra Space Storage | 27.79 Bn | 27.79 Bn | 642.43 Mn | 271.51 Mn |
| 8 | Vici Properties | 24.68 Bn | 22.79 Bn | 1.05 Bn | 534.85 Mn |
| 9 | Vivmark Residential | 22.20 Bn | 22.20 Bn | - | 120.47 Mn |
| 10 | Innovative Industrial Properties | 1.46 Bn | 1.46 Bn | - | 43.85 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 43.85 Mn |
| Mar 31, 2026 | 32.81 Mn |
| Dec 31, 2025 | 31.84 Mn |
| Sep 30, 2025 | 29.31 Mn |
| Jun 30, 2025 | 26.02 Mn |
| Mar 31, 2025 | 31.08 Mn |
| Dec 31, 2024 | 40.03 Mn |
| Sep 30, 2024 | 40.22 Mn |
| Jun 30, 2024 | 41.99 Mn |
| Mar 31, 2024 | 39.43 Mn |
| Dec 31, 2023 | 41.63 Mn |
| Sep 30, 2023 | 41.59 Mn |
| Jun 30, 2023 | 41.27 Mn |
| Mar 31, 2023 | 41.07 Mn |
| Dec 31, 2022 | 41.51 Mn |
| Sep 30, 2022 | 37.62 Mn |
| Jun 30, 2022 | 40.22 Mn |
| Mar 31, 2022 | 35.17 Mn |
| Dec 31, 2021 | 32.32 Mn |
| Sep 30, 2021 | 30.09 Mn |
Innovative Industrial Properties EBT API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebt&ticker=IIPR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt", "ticker": "IIPR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ebt&ticker=IIPR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();