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

Innovative Industrial Properties has reported Free Cash Flow for 10 years, with the latest figure at $53.1 million in Q1 2026.

• Quarterly Free Cash Flow rose 14.44% year-over-year to $53.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $181.5 million (down 15.45% YoY) and the FY2025 annual result came in at $174.8 million, down 27.12% from the prior year.
• Free Cash Flow climbed to $53.1 million in Q1 2026 per IIPR's latest filing, from $34.3 million in the prior quarter.
• Over five years, Free Cash Flow peaked at $198.1 million in Q3 2022 and troughed at -$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.
• The widest YoY moves for Free Cash Flow: up 901.22% in 2022, down 659.41% in 2022.
• Over 5 years, Free Cash Flow stood at $55.4 million in 2022, then advanced by 19.38% to $66.1 million in 2023, then dropped by 21.06% to $52.2 million in 2024, then slumped by 34.19% to $34.3 million in 2025, then jumped by 54.61% to $53.1 million in 2026.
• According to Business Quant data, Free Cash Flow over the past three periods registered $53.1 million, $34.3 million, and $54.3 million for Q1 2026, Q4 2025, and Q3 2025 respectively.