Innovative Industrial Properties (IIPR) General and Administrative (2017 - 2026)
Innovative Industrial Properties (IIPR) recorded Selling, General & Administrative of $8.46 million in Q3 2026, down 2.6% from $8.68 million a year earlier but up 9.6% from the prior quarter.
Innovative Industrial Properties (IIPR) General and Administrative (2017 - 2026) Analysis & Trends
On a TTM basis, Innovative Industrial Properties' Selling, General & Administrative came in at $34.49 million as of Sep 30, 2026, down 0.5% year-over-year; for FY2025, it came in at $33.74 million, down 9.9% from FY2024.
- Annual Selling, General & Administrative has a five-year compound annual growth rate of 18.9% (FY2020 to FY2025).
- Across earlier years, Selling, General & Administrative came in at $37.44 million in FY2024 (-12.6%), $42.83 million in FY2023 (+11.2%), $38.52 million in FY2022 (+67.8%) and $22.96 million in FY2021 (+61.9%).
- Quarterly Selling, General & Administrative has ranged from $6.45 million in Q4 2021 to $10.98 million in Q3 2023 over the past five years.
- On a year-over-year basis, Selling, General & Administrative rose in 1 of the last eight quarters, with an average decline of 6.1%.
- Peak year-over-year performance for Selling, General & Administrative in the last five years was growth of 103.6% in Q3 2022, against a decline of 18.5% in Q4 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $7.72 million (Q2 2026), $10.35 million (Q1 2026) and $7.97 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Welltower | 177.74 Bn | 163.76 Bn | 1.47 Bn |
| 2 | Prologis | 120.05 Bn | 114.00 Bn | - |
| 3 | Simon Property | 74.18 Bn | 70.24 Bn | - |
| 4 | Public Storage | 62.09 Bn | 60.82 Bn | - |
| 5 | Realty Income | 55.76 Bn | 54.03 Bn | - |
| 6 | Ventas | 45.60 Bn | 44.27 Bn | - |
| 7 | Extra Space Storage | 33.58 Bn | 32.49 Bn | 650.96 Mn |
| 8 | Vici Properties | 27.29 Bn | 25.64 Bn | 1.06 Bn |
| 9 | Vivmark Residential | 24.52 Bn | 24.30 Bn | - |
| 10 | Innovative Industrial Properties | 1.50 Bn | 1.01 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 8.46 Mn |
| Jun 30, 2026 | 7.72 Mn |
| Mar 31, 2026 | 10.35 Mn |
| Dec 31, 2025 | 7.97 Mn |
| Sep 30, 2025 | 8.68 Mn |
| Jun 30, 2025 | 8.63 Mn |
| Mar 31, 2025 | 8.46 Mn |
| Dec 31, 2024 | 8.89 Mn |
| Sep 30, 2024 | 9.33 Mn |
| Jun 30, 2024 | 9.66 Mn |
| Mar 31, 2024 | 9.56 Mn |
| Dec 31, 2023 | 10.91 Mn |
| Sep 30, 2023 | 10.98 Mn |
| Jun 30, 2023 | 10.57 Mn |
| Mar 31, 2023 | 10.37 Mn |
| Dec 31, 2022 | 10.23 Mn |
| Sep 30, 2022 | 10.80 Mn |
| Jun 30, 2022 | 8.71 Mn |
| Mar 31, 2022 | 8.78 Mn |
| Dec 31, 2021 | 6.45 Mn |
Innovative Industrial Properties General and Administrative 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=general-and-administrative&ticker=IIPR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "general-and-administrative", "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=general-and-administrative&ticker=IIPR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();