Innovative Industrial Properties IIPR
NYSE IIPR
$56.26 +0.10 (+0.18%)
As of: Sep 22, 2026 · 12:44 PM EDT

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.

Analysis

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 Set

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

Historic Data

Download Data
DateValue
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
API Access

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