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Consolidated Net IncomeDepreciation & Amortization - TotalEBITEBITDAEBTEPS (Basic)EPS (Weighted Average and Diluted)Income from Continuing OperationsIncome towards Parent CompanyInterest & Investment IncomeInterest ExpensesNet Income towards Common StockholdersNon Operating Investment IncomeOperating ExpensesOperating IncomeOther Operating ExpensesPreferred Dividend PaymentsProfit After TaxRevenueSelling, General & AdministrativeShares OutstandingShares Outstanding (Diluted Average)Shares Outstanding (Weighted Average)
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Innovative Industrial Properties (IIPR) Operating Income (2017 - 2025)

Innovative Industrial Properties' Operating Income history spans 9 years, with the latest figure at $31.8 million for Q4 2025.

  • For Q4 2025, Operating Income fell 24.19% year-over-year to $31.8 million; the TTM value through Dec 2025 reached $124.1 million, down 26.27%, while the annual FY2025 figure was $124.1 million, 26.27% down from the prior year.
  • Operating Income for Q4 2025 was $31.8 million at Innovative Industrial Properties, up from $29.4 million in the prior quarter.
  • Across five years, Operating Income topped out at $44.2 million in Q4 2022 and bottomed at $27.7 million in Q1 2021.
  • The 5-year median for Operating Income is $41.7 million (2022), against an average of $38.6 million.
  • The largest annual shift saw Operating Income soared 132.36% in 2021 before it crashed 31.76% in 2025.
  • A 5-year view of Operating Income shows it stood at $38.5 million in 2021, then grew by 15.02% to $44.2 million in 2022, then fell by 0.64% to $44.0 million in 2023, then dropped by 4.43% to $42.0 million in 2024, then fell by 24.19% to $31.8 million in 2025.
  • Per Business Quant, the three most recent readings for IIPR's Operating Income are $31.8 million (Q4 2025), $29.4 million (Q3 2025), and $28.9 million (Q2 2025).