Innovative Industrial Properties (IIPR) Free Cash Flow (2017 - 2026)

Innovative Industrial Properties (IIPR) reported Free Cash Flow of $53.1 million for Q1 2026, up 14.44% on a YoY basis from $46.4 million in Q1 2025, and up 54.61% sequentially from $34.3 million in Q4 2025.

Innovative Industrial Properties (IIPR) Free Cash Flow (2017 - 2026) Analysis & Trends

Innovative Industrial Properties (IIPR) has 10 years of Free Cash Flow data on file, last reported at $53.1 million in Q1 2026.

  • For the quarter ending Q1 2026, Free Cash Flow rose 14.44% year-over-year to $53.1 million; the trailing twelve-month figure through Mar 2026 stood at $181.5 million (down 15.45% YoY), and the FY2025 full-year result was $174.8 million, down 27.12% from the prior year.
  • Free Cash Flow climbed to $53.1 million in Q1 2026, from $34.3 million in the prior quarter.
  • In the past five years, Free Cash Flow ranged from a high of $198.1 million in Q3 2022 to a low of -$181.5 million in Q2 2022.
  • A 5-year average of $45.4 million and a median of $52.2 million in 2024 frame the typical range for Free Cash Flow.
  • Peak annual rise in Free Cash Flow reached 901.22% in 2022, while the deepest fall reached 659.41% in 2022.
  • Tracing IIPR's Free Cash Flow over 5 years: stood at $55.4 million in 2022, then increased by 19.38% to $66.1 million in 2023, then retreated by 21.06% to $52.2 million in 2024, then tumbled by 34.19% to $34.3 million in 2025, then jumped by 54.61% to $53.1 million in 2026.
  • Business Quant data shows IIPR's Free Cash Flow at $53.1 million in Q1 2026, $34.3 million in Q4 2025, and $54.3 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Prologis 136.78 Bn 136.78 Bn 2.24 Bn 335.69 Mn
2 Public Storage 56.71 Bn 56.57 Bn 1.18 Bn 674.02 Mn
3 Extra Space Storage 31.17 Bn 31.17 Bn 617.72 Mn 482.61 Mn
4 Eastgroup Properties 11.32 Bn 11.32 Bn 193.10 Mn 175.89 Mn
5 CubeSmart 9.63 Bn 9.63 Bn 191.86 Mn 138.44 Mn
6 Lineage 9.46 Bn 9.40 Bn 417.00 Mn -55.00 Mn
7 Rexford Industrial Realty 8.82 Bn 8.77 Bn - 109.89 Mn
8 STAG Industrial 7.85 Bn 7.85 Bn - 76.11 Mn
9 Terreno Realty 7.56 Bn 7.56 Bn - 51.30 Mn
10 Innovative Industrial Properties 1.72 Bn 1.72 Bn - 53.08 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 53.08 Mn
Mar 31, 2026 53.08 Mn
Dec 31, 2025 34.33 Mn
Dec 31, 2025 34.33 Mn
Sep 30, 2025 54.28 Mn
Sep 30, 2025 54.28 Mn
Jun 30, 2025 39.76 Mn
Jun 30, 2025 39.76 Mn
Mar 31, 2025 46.39 Mn
Mar 31, 2025 46.39 Mn
Dec 31, 2024 52.17 Mn
Dec 31, 2024 52.17 Mn
Sep 30, 2024 88.83 Mn
Sep 30, 2024 88.83 Mn
Jun 30, 2024 27.22 Mn
Jun 30, 2024 27.22 Mn
Mar 31, 2024 71.57 Mn
Mar 31, 2024 71.57 Mn
Dec 31, 2023 66.08 Mn
Dec 31, 2023 66.08 Mn