Innovative Industrial Properties (IIPR) Non Operating Interest Expenses (2019 - 2026)
Innovative Industrial Properties' Non Operating Interest Expenses came in at $8.35 million for Q2 2026, up 87.8% from $4.44 million a year earlier and up 29.8% from the prior quarter.
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Analysis
Innovative Industrial Properties (IIPR) Non Operating Interest Expenses (2019 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Innovative Industrial Properties reported Non Operating Interest Expenses of $26.03 million, up 45.4% year-over-year; for FY2025, it was $20.2 million, up 14.3% from FY2024.
- Non Operating Interest Expenses carries a five-year compound annual growth rate of 22.1% (FY2020 to FY2025).
- Going back by year, Non Operating Interest Expenses was $17.67 million in FY2024 (+1.2%), $17.47 million in FY2023 (-4.6%), $18.3 million in FY2022 (+1.2%) and $18.09 million in FY2021 (+143.4%).
- The Q2 2026 figure represents the highest quarterly Non Operating Interest Expenses in data going back to Q1 2019.
- Year-over-year, Non Operating Interest Expenses has increased for eight consecutive quarters, with growth averaging 24.8% over the last eight quarters.
- The fastest year-over-year change in Non Operating Interest Expenses over five years came in Q3 2021 (growth of 239.0%), and the weakest in Q3 2022 (a decline of 28.5%).
- Business Quant data shows IIPR's Non Operating Interest Expenses at $6.43 million (Q1 2026), $6.73 million (Q4 2025) and $4.53 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 157.27 Bn | 138.76 Bn | 1.39 Bn | - |
| 2 | Prologis | 119.02 Bn | 119.02 Bn | - | 276.31 Mn |
| 3 | Simon Property | 64.22 Bn | 64.22 Bn | - | 275.66 Mn |
| 4 | Realty Income | 49.78 Bn | 49.78 Bn | - | - |
| 5 | Public Storage | 49.58 Bn | 48.57 Bn | - | 84.78 Mn |
| 6 | Ventas | 39.19 Bn | 37.87 Bn | - | 160.03 Mn |
| 7 | Extra Space Storage | 27.79 Bn | 27.79 Bn | 642.43 Mn | - |
| 8 | Vici Properties | 24.68 Bn | 22.79 Bn | 1.05 Bn | 209.93 Mn |
| 9 | Vivmark Residential | 22.20 Bn | 22.20 Bn | - | 82.46 Mn |
| 10 | Innovative Industrial Properties | 1.46 Bn | 1.46 Bn | - | 8.35 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.35 Mn |
| Mar 31, 2026 | 6.43 Mn |
| Dec 31, 2025 | 6.73 Mn |
| Sep 30, 2025 | 4.53 Mn |
| Jun 30, 2025 | 4.44 Mn |
| Mar 31, 2025 | 4.50 Mn |
| Dec 31, 2024 | 4.54 Mn |
| Sep 30, 2024 | 4.43 Mn |
| Jun 30, 2024 | 4.32 Mn |
| Mar 31, 2024 | 4.39 Mn |
| Dec 31, 2023 | 4.15 Mn |
| Sep 30, 2023 | 4.33 Mn |
| Jun 30, 2023 | 4.47 Mn |
| Mar 31, 2023 | 4.52 Mn |
| Dec 31, 2022 | 4.52 Mn |
| Sep 30, 2022 | 4.51 Mn |
| Jun 30, 2022 | 4.50 Mn |
| Mar 31, 2022 | 4.77 Mn |
| Dec 31, 2021 | 6.21 Mn |
| Sep 30, 2021 | 6.31 Mn |
API Access
Innovative Industrial Properties Non Operating Interest Expenses 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=non-operating-interest-expenses&ticker=IIPR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-operating-interest-expenses", "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=non-operating-interest-expenses&ticker=IIPR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();