Innovative Industrial Properties (IIPR) Payables (2016 - 2026)
Innovative Industrial Properties' Payables was $64.67 million in Q2 2026, down 0.3% from $64.84 million a year earlier and down 9.9% from the prior quarter.
Innovative Industrial Properties (IIPR) Payables (2016 - 2026) Analysis & Trends
At the end of FY2025, Payables at Innovative Industrial Properties came in at $65.78 million, up 0.6% from FY2024.
- Payables has now increased for eight consecutive years, with a five-year compound annual growth rate of 13.6% (FY2020 to FY2025).
- In earlier years, Payables was $65.38 million in FY2024 (+3.4%), $63.23 million in FY2023 (+2.9%), $61.46 million in FY2022 (+32.0%) and $46.57 million in FY2021 (+34.2%).
- The Q2 2026 figure marks the lowest quarterly Payables since Q2 2024.
- Compared with a year earlier, Payables was higher in seven of the last eight quarters, with growth averaging 3.1%.
- The best year-over-year quarter for Payables over five years was Q3 2021 (growth of 61.9%); the worst was Q2 2026 (a decline of 0.3%).
- Per Business Quant data, IIPR's Payables in the three quarters before Q2 2026 was $71.8 million (Q1 2026), $65.78 million (Q4 2025) and $70.04 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 157.27 Bn | 138.76 Bn | 1.39 Bn | - |
| 2 | Prologis | 119.02 Bn | 119.02 Bn | - | 2.53 Bn |
| 3 | Simon Property | 64.22 Bn | 64.22 Bn | - | 1.70 Bn |
| 4 | Realty Income | 49.78 Bn | 49.78 Bn | - | 2.78 Bn |
| 5 | Public Storage | 49.58 Bn | 48.57 Bn | - | - |
| 6 | Ventas | 39.19 Bn | 37.87 Bn | - | 1.35 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 | 500.76 Mn |
| 9 | Vivmark Residential | 22.20 Bn | 22.20 Bn | - | 1.89 Bn |
| 10 | Innovative Industrial Properties | 1.46 Bn | 1.46 Bn | - | 64.67 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 64.67 Mn |
| Mar 31, 2026 | 71.80 Mn |
| Dec 31, 2025 | 65.78 Mn |
| Sep 30, 2025 | 70.04 Mn |
| Jun 30, 2025 | 64.84 Mn |
| Mar 31, 2025 | 67.66 Mn |
| Dec 31, 2024 | 65.38 Mn |
| Sep 30, 2024 | 69.78 Mn |
| Jun 30, 2024 | 63.50 Mn |
| Mar 31, 2024 | 64.46 Mn |
| Dec 31, 2023 | 63.23 Mn |
| Sep 30, 2023 | 64.71 Mn |
| Jun 30, 2023 | 59.52 Mn |
| Mar 31, 2023 | 62.45 Mn |
| Dec 31, 2022 | 61.46 Mn |
| Sep 30, 2022 | 63.98 Mn |
| Jun 30, 2022 | 55.87 Mn |
| Mar 31, 2022 | 55.16 Mn |
| Dec 31, 2021 | 46.57 Mn |
| Sep 30, 2021 | 44.77 Mn |
Innovative Industrial Properties Payables 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=payables&ticker=IIPR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payables", "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=payables&ticker=IIPR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();