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Innovative Industrial Properties (IIPR) Real Estate - Gross (2017 - 2025)

Innovative Industrial Properties' Revenue - Rental history spans 9 years, with the latest figure at $66.6 million for Q4 2025.

  • For Q4 2025, Revenue - Rental fell 13.15% year-over-year to $66.6 million; the TTM value through Dec 2025 reached $265.5 million, down 13.5%, while the annual FY2025 figure was $265.5 million, 13.5% down from the prior year.
  • Real Estate - Gross for Q4 2025 was $2.5 billion at Innovative Industrial Properties, roughly flat from $2.5 billion in the prior quarter.
  • Across five years, Real Estate - Gross topped out at $2.5 billion in Q4 2025 and bottomed at $1.2 billion in Q1 2021.
  • The 5-year median for Real Estate - Gross is $2.3 billion (2023), against an average of $2.1 billion.
  • The largest annual shift saw Revenue - Rental surged 102.96% in 2021 before it dropped 20.68% in 2025.
  • A 5-year view of Revenue - Rental shows it stood at $58.9 million in 2021, then increased by 18.63% to $69.9 million in 2022, then increased by 12.43% to $78.6 million in 2023, then dropped by 2.41% to $76.7 million in 2024, then decreased by 13.15% to $66.6 million in 2025.
  • Per Business Quant, the three most recent readings for IIPR's Revenue - Rental are $66.6 million (Q4 2025), $64.3 million (Q3 2025), and $62.9 million (Q2 2025).