Innovative Industrial Properties (IIPR) Net Income (2017 - 2026)
Innovative Industrial Properties' (IIPR) quarterly Net Income came in at $43.9 million in Q2 2026, up 68.51% year-over-year from $26.0 million in Q2 2025, and up 33.66% quarter-over-quarter from $32.8 million in Q1 2026.
Innovative Industrial Properties (IIPR) Net Income (2017 - 2026) Analysis & Trends
Innovative Industrial Properties has disclosed Net Income across 10 years of filings, most recently posting $43.9 million for Q2 2026.
- In Q2 2026, Net Income rose 68.51% year-over-year to $43.9 million; the TTM figure through Jun 2026 stood at $137.8 million (changed 0.34% YoY), while the FY2025 annual figure was $118.2 million, down 26.85% from the prior year.
- Net Income came in at $43.9 million for Q2 2026 at Innovative Industrial Properties, up from $32.8 million in the prior quarter.
- In the past five years, Net Income ranged from a high of $43.9 million in Q2 2026 to a low of $26.0 million in Q2 2025.
- Average Net Income over 5 years is $37.6 million, with a median of $40.1 million recorded in 2024.
- Year-over-year, Net Income sank 38.03% in 2025 and surged 68.51% in 2026.
- Over 5 years, Net Income stood at $41.5 million in 2022, then rose by 0.31% to $41.6 million in 2023, then declined by 3.86% to $40.0 million in 2024, then dropped by 20.45% to $31.8 million in 2025, then soared by 37.72% to $43.9 million in 2026.
- Per Business Quant data, the three most recent Net Income figures were $43.9 million in Q2 2026, $32.8 million in Q1 2026, and $31.8 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Prologis | 126.70 Bn | 131.10 Bn | 2.41 Bn | 1.12 Bn |
| 2 | Eastgroup Properties | 10.89 Bn | 10.89 Bn | 193.10 Mn | 69.58 Mn |
| 3 | Rexford Industrial Realty | 8.63 Bn | 8.99 Bn | - | - |
| 4 | Lineage | 8.55 Bn | 9.48 Bn | 425.00 Mn | -32.00 Mn |
| 5 | STAG Industrial | 7.23 Bn | 7.31 Bn | - | - |
| 6 | Terreno Realty | 7.15 Bn | 7.15 Bn | - | - |
| 7 | Americold Realty Trust | 4.20 Bn | 4.20 Bn | 212.69 Mn | -346.46 Mn |
| 8 | LXP Industrial Trust | 3.59 Bn | 3.60 Bn | 71.94 Mn | 1.15 Mn |
| 9 | Innovative Industrial Properties | 1.55 Bn | 1.55 Bn | - | 43.85 Mn |
| 10 | Industrial Logistics Properties Trust | 521.41 Mn | 900.92 Mn | - | -25.79 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 43.85 Mn |
| Mar 31, 2026 | 32.81 Mn |
| Dec 31, 2025 | 31.84 Mn |
| Sep 30, 2025 | 29.31 Mn |
| Jun 30, 2025 | 26.02 Mn |
| Mar 31, 2025 | 31.08 Mn |
| Dec 31, 2024 | 40.03 Mn |
| Sep 30, 2024 | 40.22 Mn |
| Jun 30, 2024 | 41.99 Mn |
| Mar 31, 2024 | 39.43 Mn |
| Dec 31, 2023 | 41.63 Mn |
| Sep 30, 2023 | 41.59 Mn |
| Jun 30, 2023 | 41.27 Mn |
| Mar 31, 2023 | 41.07 Mn |
| Dec 31, 2022 | 41.51 Mn |
| Sep 30, 2022 | 37.62 Mn |
| Jun 30, 2022 | 40.22 Mn |
| Mar 31, 2022 | 35.17 Mn |
| Dec 31, 2021 | 32.32 Mn |
| Sep 30, 2021 | 30.09 Mn |
Innovative Industrial Properties Net Income 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=net-income&ticker=IIPR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-income", "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=net-income&ticker=IIPR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();