Innovative Industrial Properties (IIPR) Real Estate - Gross (2016 - 2026)
Innovative Industrial Properties' Real Estate - Gross was $2.37 billion in Q2 2026, down 3.6% from $2.45 billion a year earlier and down 3.6% from the prior quarter.
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Analysis
Innovative Industrial Properties (IIPR) Real Estate - Gross (2016 - 2026) Analysis & Trends
At the end of FY2025, Real Estate - Gross at Innovative Industrial Properties came in at $2.46 billion, up 0.7% from FY2024.
- Real Estate - Gross has now increased for nine consecutive years, with a five-year compound annual growth rate of 18.3% (FY2020 to FY2025).
- In earlier years, Real Estate - Gross was $2.44 billion in FY2024 (+3.0%), $2.37 billion in FY2023 (+7.4%), $2.2 billion in FY2022 (+28.0%) and $1.72 billion in FY2021 (+62.4%).
- The Q2 2026 figure marks the lowest quarterly Real Estate - Gross since Q3 2023.
- Compared with a year earlier, Real Estate - Gross was higher in seven of the last eight quarters, with growth averaging 1.2%.
- The best year-over-year quarter for Real Estate - Gross over five years was Q4 2021 (growth of 62.4%); the worst was Q2 2026 (a decline of 3.6%).
- Per Business Quant data, IIPR's Real Estate - Gross in the three quarters before Q2 2026 was $2.45 billion (Q1 2026), $2.46 billion (Q4 2025) and $2.46 billion (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 | 2.37 Bn |
| Mar 31, 2026 | 2.45 Bn |
| Dec 31, 2025 | 2.46 Bn |
| Sep 30, 2025 | 2.46 Bn |
| Jun 30, 2025 | 2.45 Bn |
| Mar 31, 2025 | 2.45 Bn |
| Dec 31, 2024 | 2.44 Bn |
| Sep 30, 2024 | 2.42 Bn |
| Jun 30, 2024 | 2.40 Bn |
| Mar 31, 2024 | 2.39 Bn |
| Dec 31, 2023 | 2.37 Bn |
| Sep 30, 2023 | 2.35 Bn |
| Jun 30, 2023 | 2.34 Bn |
| Mar 31, 2023 | 2.31 Bn |
| Dec 31, 2022 | 2.20 Bn |
| Sep 30, 2022 | 2.18 Bn |
| Jun 30, 2022 | 2.13 Bn |
| Mar 31, 2022 | 1.90 Bn |
| Dec 31, 2021 | 1.72 Bn |
| Sep 30, 2021 | 1.47 Bn |
API Access
Innovative Industrial Properties Real Estate - Gross 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=real-estate-gross&ticker=IIPR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "real-estate-gross", "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=real-estate-gross&ticker=IIPR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();