Innovative Industrial Properties (IIPR) Net Income (2017 - 2026)
Innovative Industrial Properties (IIPR) posted Net Income of $32.8 million for Q1 2026, up 3.04% sequentially from $31.8 million in Q4 2025, and up 5.57% YoY from $31.1 million in Q1 2025.
Innovative Industrial Properties (IIPR) Net Income (2017 - 2026) Analysis & Trends
Innovative Industrial Properties has reported Net Income for 10 years, with the latest figure at $32.8 million in Q1 2026.
- Quarterly Net Income rose 5.57% year-over-year to $32.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $120.0 million (down 21.63% YoY) and the FY2025 annual result came in at $118.2 million, down 26.85% from the prior year.
- Net Income climbed to $32.8 million in Q1 2026 per IIPR's latest filing, from $31.8 million in the prior quarter.
- Over five years, Net Income peaked at $42.0 million in Q2 2024 and troughed at $26.0 million in Q2 2025.
- A 5-year average of $37.2 million and a median of $39.8 million in 2024 frame the typical range for Net Income.
- The sharpest annual moves came in 2022 and 2025: Net Income surged 40.08% in 2022, then slumped 38.03% in 2025.
- Over 5 years, Net Income stood at $41.5 million in 2022, then advanced by 0.31% to $41.6 million in 2023, then dropped by 4.4% to $39.8 million in 2024, then decreased by 20.0% to $31.8 million in 2025, then rose by 3.04% to $32.8 million in 2026.
- According to Business Quant data, Net Income over the past three periods registered $32.8 million, $31.8 million, and $29.3 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Prologis | 131.96 Bn | 131.96 Bn | 2.41 Bn | 1.12 Bn |
| 2 | Public Storage | 56.63 Bn | 56.37 Bn | 1.20 Bn | 502.94 Mn |
| 3 | Extra Space Storage | 30.94 Bn | 30.94 Bn | 642.43 Mn | 259.44 Mn |
| 4 | Eastgroup Properties | 10.77 Bn | 10.77 Bn | 193.10 Mn | 69.58 Mn |
| 5 | Lineage | 9.48 Bn | 9.42 Bn | 425.00 Mn | -32.00 Mn |
| 6 | CubeSmart | 9.27 Bn | 9.27 Bn | 190.47 Mn | 89.46 Mn |
| 7 | Rexford Industrial Realty | 8.33 Bn | 8.33 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 | - | 43.85 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 40.86 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 | 39.80 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 |