Innovative Industrial Properties (IIPR) Land & Improvements (2018 - 2026)
Innovative Industrial Properties (IIPR) posted Land & Improvements of $145.1 million for Q1 2026, down 0.83% sequentially from $146.3 million in Q4 2025.
Innovative Industrial Properties (IIPR) Land & Improvements (2018 - 2026) Analysis & Trends
Innovative Industrial Properties has reported Land & Improvements for 9 years, with the latest figure at $145.1 million in Q1 2026.
- Quarterly Land & Improvements changed N/A year-over-year to $145.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $145.1 million (changed N/A YoY) and the FY2025 annual result came in at $146.3 million, changed 0.31% from the prior year.
- Land & Improvements fell to $145.1 million in Q1 2026 per IIPR's latest filing, from $146.3 million in the prior quarter.
- Over five years, Land & Improvements peaked at $146.8 million in Q4 2024 and troughed at $131.9 million in Q1 2022.
- A 5-year average of $142.0 million and a median of $142.5 million in 2023 frame the typical range for Land & Improvements.
- The sharpest annual moves came in 2022 and 2025: Land & Improvements jumped 64.92% in 2022, then slipped 0.31% in 2025.
- Over 5 years, Land & Improvements stood at $140.0 million in 2022, then increased by 1.84% to $142.5 million in 2023, then grew by 2.98% to $146.8 million in 2024, then retreated by 0.31% to $146.3 million in 2025, then retreated by 0.83% to $145.1 million in 2026.
- According to Business Quant data, Land & Improvements over the past three periods registered $145.1 million, $146.3 million, and $146.8 million for Q1 2026, Q4 2025, and Q4 2024 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Land & Improvements (Qtr) |
|---|---|---|---|---|---|
| 1 | Prologis | 131.96 Bn | 131.96 Bn | 2.41 Bn | - |
| 2 | Public Storage | 56.63 Bn | 56.37 Bn | 1.20 Bn | 6.00 Bn |
| 3 | Extra Space Storage | 30.94 Bn | 30.94 Bn | 642.43 Mn | 5.15 Bn |
| 4 | Eastgroup Properties | 10.77 Bn | 10.77 Bn | 193.10 Mn | - |
| 5 | Lineage | 9.48 Bn | 9.42 Bn | 425.00 Mn | - |
| 6 | CubeSmart | 9.27 Bn | 9.27 Bn | 190.47 Mn | - |
| 7 | Rexford Industrial Realty | 8.33 Bn | 8.33 Bn | - | 7.10 Bn |
| 8 | Terreno Realty | 7.24 Bn | 7.24 Bn | - | - |
| 9 | STAG Industrial | 7.00 Bn | 7.00 Bn | - | - |
| 10 | Innovative Industrial Properties | 1.62 Bn | 1.62 Bn | - | 141.29 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 141.29 Mn |
| Mar 31, 2026 | 145.10 Mn |
| Dec 31, 2025 | 146.32 Mn |
| Dec 31, 2024 | 146.77 Mn |
| Sep 30, 2024 | 146.04 Mn |
| Jun 30, 2024 | 142.89 Mn |
| Mar 31, 2024 | 142.52 Mn |
| Dec 31, 2023 | 142.52 Mn |
| Sep 30, 2023 | 142.52 Mn |
| Jun 30, 2023 | 142.52 Mn |
| Mar 31, 2023 | 142.52 Mn |
| Dec 31, 2022 | 139.95 Mn |
| Sep 30, 2022 | 140.19 Mn |
| Jun 30, 2022 | 136.12 Mn |
| Mar 31, 2022 | 131.93 Mn |
| Dec 31, 2021 | 122.39 Mn |
| Sep 30, 2021 | 98.93 Mn |
| Jun 30, 2021 | 91.66 Mn |
| Mar 31, 2021 | 79.99 Mn |
| Dec 31, 2020 | 75.66 Mn |