Innovative Industrial Properties (IIPR) Other Operating Expenses (2017 - 2026)
Innovative Industrial Properties (IIPR) reported Other Operating Expenses of $26 million for Q2 2026, up 267.8% from $7.07 million a year earlier but down 0.6% from the prior quarter.
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Analysis
Innovative Industrial Properties (IIPR) Other Operating Expenses (2017 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Innovative Industrial Properties' Other Operating Expenses came in at $68.76 million, up 105.0% year-over-year; for FY2025, it was $34.77 million, up 18.4% from FY2024.
- Other Operating Expenses has increased for four consecutive years, with a five-year compound annual growth rate of 47.5% (FY2020 to FY2025).
- By year, Other Operating Expenses came in at $29.38 million in FY2024 (+13.9%), $25.79 million in FY2023 (+127.7%), $11.32 million in FY2022 (+150.6%) and $4.52 million in FY2021 (-9.2%).
- Five-year quarterly Other Operating Expenses spans a low of $1.36 million in Q3 2021 and a high of $26.16 million in Q1 2026.
- Year over year, Other Operating Expenses has now increased in each of the last 18 quarters, with growth averaging 62.5% over the last eight quarters.
- The high point for year-over-year Other Operating Expenses in five years was Q2 2022 (growth of 408.6%); the low point was Q3 2021 (a decline of 87.2%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $26.16 million (Q1 2026), $8.22 million (Q4 2025) and $8.39 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Welltower | 157.27 Bn | 138.76 Bn | 1.39 Bn |
| 2 | Prologis | 119.02 Bn | 119.02 Bn | - |
| 3 | Simon Property | 64.22 Bn | 64.22 Bn | - |
| 4 | Realty Income | 49.78 Bn | 49.78 Bn | - |
| 5 | Public Storage | 49.58 Bn | 48.57 Bn | - |
| 6 | Ventas | 39.19 Bn | 37.87 Bn | - |
| 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 |
| 9 | Vivmark Residential | 22.20 Bn | 22.20 Bn | - |
| 10 | Innovative Industrial Properties | 1.46 Bn | 1.46 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 26.00 Mn |
| Mar 31, 2026 | 26.16 Mn |
| Dec 31, 2025 | 8.22 Mn |
| Sep 30, 2025 | 8.39 Mn |
| Jun 30, 2025 | 7.07 Mn |
| Mar 31, 2025 | 11.10 Mn |
| Dec 31, 2024 | 7.85 Mn |
| Sep 30, 2024 | 7.54 Mn |
| Jun 30, 2024 | 7.04 Mn |
| Mar 31, 2024 | 6.96 Mn |
| Dec 31, 2023 | 7.49 Mn |
| Sep 30, 2023 | 6.50 Mn |
| Jun 30, 2023 | 5.96 Mn |
| Mar 31, 2023 | 5.84 Mn |
| Dec 31, 2022 | 3.49 Mn |
| Sep 30, 2022 | 3.02 Mn |
| Jun 30, 2022 | 2.66 Mn |
| Mar 31, 2022 | 2.15 Mn |
| Dec 31, 2021 | 1.93 Mn |
| Sep 30, 2021 | 1.36 Mn |
API Access
Innovative Industrial Properties Other Operating 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=other-operating-expenses&ticker=IIPR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "other-operating-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=other-operating-expenses&ticker=IIPR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();