Innovative Industrial Properties (IIPR) Income After Tax (2017 - 2026)
Innovative Industrial Properties (IIPR) reported Income After Tax of $31.9 million for Q3 2026, up 8.8% from $29.31 million a year earlier but down 27.3% from the prior quarter.
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Analysis
Innovative Industrial Properties (IIPR) Income After Tax (2017 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Innovative Industrial Properties' Income After Tax came in at $140.4 million, up 11.0% year-over-year; for FY2025, it was $118.25 million, down 26.9% from FY2024.
- Income After Tax has a five-year compound annual growth rate of 12.5% (FY2020 to FY2025).
- By year, Income After Tax came in at $161.66 million in FY2024 (-2.4%), $165.57 million in FY2023 (+7.2%), $154.51 million in FY2022 (+31.3%) and $117.68 million in FY2021 (+79.0%).
- Five-year quarterly Income After Tax spans a low of $26.02 million in Q2 2025 and a high of $43.85 million in Q2 2026.
- Year over year, Income After Tax has now increased in each of the last three quarters, with an average decline of 3.5% over the last eight quarters.
- The high point for year-over-year Income After Tax in five years was Q2 2026 (growth of 68.5%); the low point was Q2 2025 (a decline of 38.0%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $43.85 million (Q2 2026), $32.81 million (Q1 2026) and $31.84 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Income After Tax (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 177.74 Bn | 163.76 Bn | 1.47 Bn | 330.83 Mn |
| 2 | Prologis | 120.05 Bn | 114.00 Bn | - | 879.90 Mn |
| 3 | Simon Property | 74.18 Bn | 70.24 Bn | - | 532.13 Mn |
| 4 | Public Storage | 62.09 Bn | 60.82 Bn | - | 378.35 Mn |
| 5 | Realty Income | 55.76 Bn | 54.03 Bn | - | 432.14 Mn |
| 6 | Ventas | 45.60 Bn | 44.27 Bn | - | 71.93 Mn |
| 7 | Extra Space Storage | 33.58 Bn | 32.49 Bn | 650.96 Mn | 256.32 Mn |
| 8 | Vici Properties | 27.29 Bn | 25.64 Bn | 1.06 Bn | 346.85 Mn |
| 9 | Vivmark Residential | 24.52 Bn | 24.30 Bn | - | 120.06 Mn |
| 10 | Innovative Industrial Properties | 1.50 Bn | 1.01 Bn | - | 31.90 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 31.90 Mn |
| Jun 30, 2026 | 43.85 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 | 40.03 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 |
API Access
Innovative Industrial Properties Income After Tax 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=profit-after-tax&ticker=IIPR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "profit-after-tax", "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=profit-after-tax&ticker=IIPR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();