Innovative Industrial Properties (IIPR) Free Cash Flow (2017 - 2026)
Innovative Industrial Properties' (IIPR) quarterly Free Cash Flow came in at $44.3 million in Q2 2026, up 8.14% year-over-year from $40.9 million in Q2 2025, and down 16.59% quarter-over-quarter from $53.1 million in Q1 2026.
Innovative Industrial Properties (IIPR) Free Cash Flow (2017 - 2026) Analysis & Trends
Innovative Industrial Properties has disclosed Free Cash Flow across 10 years of filings, most recently posting $44.3 million for Q2 2026.
- In Q2 2026, Free Cash Flow rose 8.14% year-over-year to $44.3 million; the TTM figure through Jun 2026 stood at $186.0 million (up 1.78% YoY), while the FY2025 annual figure was $174.8 million, down 10.55% from the prior year.
- Free Cash Flow came in at $44.3 million for Q2 2026 at Innovative Industrial Properties, down from $53.1 million in the prior quarter.
- In the past five years, Free Cash Flow ranged from a high of $56.2 million in Q3 2024 to a low of -$99.9 million in Q2 2022.
- Average Free Cash Flow over 5 years is $24.1 million, with a median of $42.4 million recorded in 2024.
- Year-over-year, Free Cash Flow tumbled 222.53% in 2022 and jumped 4005.04% in 2024.
- Over 5 years, Free Cash Flow stood at -$2.1 million in 2022, then jumped by 2314.95% to $45.5 million in 2023, then declined by 11.28% to $40.4 million in 2024, then climbed by 17.56% to $47.5 million in 2025, then decreased by 6.69% to $44.3 million in 2026.
- Per Business Quant data, the three most recent Free Cash Flow figures were $44.3 million in Q2 2026, $53.1 million in Q1 2026, and $47.5 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Prologis | 125.76 Bn | 130.15 Bn | 2.41 Bn | - |
| 2 | Eastgroup Properties | 10.88 Bn | 10.88 Bn | 193.10 Mn | 105.38 Mn |
| 3 | Rexford Industrial Realty | 8.56 Bn | 8.91 Bn | - | 58.73 Mn |
| 4 | Lineage | 8.39 Bn | 9.32 Bn | 425.00 Mn | 186.00 Mn |
| 5 | STAG Industrial | 7.25 Bn | 7.32 Bn | - | -154.11 Mn |
| 6 | Terreno Realty | 7.08 Bn | 7.08 Bn | - | -98.93 Mn |
| 7 | Americold Realty Trust | 4.11 Bn | 4.11 Bn | 212.69 Mn | -40.31 Mn |
| 8 | LXP Industrial Trust | 3.58 Bn | 3.60 Bn | 71.94 Mn | -48.84 Mn |
| 9 | Innovative Industrial Properties | 1.53 Bn | 1.53 Bn | - | 44.28 Mn |
| 10 | Industrial Logistics Properties Trust | 514.74 Mn | 894.24 Mn | - | 19.79 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 44.28 Mn |
| Mar 31, 2026 | 53.08 Mn |
| Dec 31, 2025 | 47.45 Mn |
| Sep 30, 2025 | 41.16 Mn |
| Jun 30, 2025 | 40.94 Mn |
| Mar 31, 2025 | 45.20 Mn |
| Dec 31, 2024 | 40.36 Mn |
| Sep 30, 2024 | 56.22 Mn |
| Jun 30, 2024 | 43.72 Mn |
| Mar 31, 2024 | 55.06 Mn |
| Dec 31, 2023 | 45.50 Mn |
| Sep 30, 2023 | 45.04 Mn |
| Jun 30, 2023 | 16.33 Mn |
| Mar 31, 2023 | -1.41 Mn |
| Dec 31, 2022 | -2.05 Mn |
| Sep 30, 2022 | 31.73 Mn |
| Jun 30, 2022 | -99.92 Mn |
| Mar 31, 2022 | -69.51 Mn |
| Dec 31, 2021 | -72.57 Mn |
| Sep 30, 2021 | -50.56 Mn |
Innovative Industrial Properties Free Cash Flow 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=free-cash-flow&ticker=IIPR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=IIPR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();