Innovative Industrial Properties (IIPR) Net Income (2017 - 2026)
Innovative Industrial Properties (IIPR) posted Net Income of $43.85 million for Q2 2026, up 68.5% from $26.02 million a year earlier and up 33.7% from the prior quarter.
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Analysis
Innovative Industrial Properties (IIPR) Net Income (2017 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Net Income at Innovative Industrial Properties was $137.81 million, up 0.3% year-over-year; for FY2025, it was $118.25 million, down 26.9% from FY2024.
- Annual Net Income shows a five-year compound annual growth rate of 12.5% (FY2020 to FY2025).
- In prior years, Innovative Industrial Properties' Net Income was $161.66 million in FY2024 (-2.4%), $165.57 million in FY2023 (+7.2%), $154.51 million in FY2022 (+31.3%) and $117.68 million in FY2021 (+79.0%).
- The Q2 2026 figure stands as the highest quarterly Net Income in data going back to Q1 2017.
- On a year-over-year basis, Net Income increased in two of the last eight quarters, with an average decline of 5.0%.
- The strongest year-over-year quarter for Net Income in the past five years was Q2 2026, with growth of 68.5%; the weakest was Q2 2025, with a decline of 38.0%.
- According to Business Quant data, Net Income for the three prior quarters was $32.81 million (Q1 2026), $31.84 million (Q4 2025) and $29.31 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 171.10 Bn | 153.62 Bn | 1.39 Bn | 462.98 Mn |
| 2 | Prologis | 117.94 Bn | 117.38 Bn | - | 1.12 Bn |
| 3 | Simon Property | 72.61 Bn | 69.67 Bn | - | 568.54 Mn |
| 4 | Public Storage | 54.41 Bn | 53.50 Bn | - | 502.94 Mn |
| 5 | Realty Income | 53.83 Bn | 54.44 Bn | - | 370.51 Mn |
| 6 | Ventas | 44.52 Bn | 43.72 Bn | - | 72.22 Mn |
| 7 | Extra Space Storage | 30.30 Bn | 30.09 Bn | 642.43 Mn | 275.88 Mn |
| 8 | Vici Properties | 26.15 Bn | 24.27 Bn | 1.05 Bn | 535.31 Mn |
| 9 | Vivmark Residential | 23.62 Bn | 23.59 Bn | - | 117.74 Mn |
| 10 | Innovative Industrial Properties | 1.49 Bn | 1.11 Bn | - | 43.85 Mn |
Historic Data
Download Data
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 | 41.09 Mn |
| Dec 31, 2022 | 41.51 Mn |
| Sep 30, 2022 | 37.62 Mn |
| Jun 30, 2022 | 40.21 Mn |
| Mar 31, 2022 | 35.05 Mn |
| Dec 31, 2021 | 28.63 Mn |
| Sep 30, 2021 | 30.09 Mn |
API Access
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_KEYimport 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();