Innovative Industrial Properties (IIPR) Retained Earnings (2016 - 2026)
Innovative Industrial Properties' Retained Earnings was $349.74 million in Q2 2026, up 32.3% from $264.43 million a year earlier and up 3.7% from the prior quarter.
Innovative Industrial Properties (IIPR) Retained Earnings (2016 - 2026) Analysis & Trends
At the end of FY2025, Retained Earnings at Innovative Industrial Properties came in at $312.99 million, up 47.8% from FY2024.
- Retained Earnings has now increased for seven consecutive years, with a five-year compound annual growth rate of 45.4% (FY2020 to FY2025).
- In earlier years, Retained Earnings was $211.71 million in FY2024 (+35.0%), $156.85 million in FY2023 (+33.6%), $117.39 million in FY2022 (+56.1%) and $75.22 million in FY2021 (+56.3%).
- The Q2 2026 figure marks the highest quarterly Retained Earnings in data going back to Q4 2016.
- Compared with a year earlier, Retained Earnings has increased for 11 straight quarters, with growth averaging 40.4% over the last eight quarters.
- Across the past five years, year-over-year growth in Retained Earnings ran from 32.3% in Q2 2026 to 56.3% in Q4 2021.
- Per Business Quant data, IIPR's Retained Earnings in the three quarters before Q2 2026 was $337.28 million (Q1 2026), $312.99 million (Q4 2025) and $289.92 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 157.27 Bn | 138.76 Bn | 1.39 Bn | 12.21 Bn |
| 2 | Prologis | 119.02 Bn | 119.02 Bn | - | -860.50 Mn |
| 3 | Simon Property | 64.22 Bn | 64.22 Bn | - | -4.88 Bn |
| 4 | Realty Income | 49.78 Bn | 49.78 Bn | - | 11.39 Bn |
| 5 | Public Storage | 49.58 Bn | 48.57 Bn | - | -1.35 Bn |
| 6 | Ventas | 39.19 Bn | 37.87 Bn | - | -7.93 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 | - | 651.14 Mn |
| 10 | Innovative Industrial Properties | 1.46 Bn | 1.46 Bn | - | 349.74 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 349.74 Mn |
| Mar 31, 2026 | 337.28 Mn |
| Dec 31, 2025 | 312.99 Mn |
| Sep 30, 2025 | 289.92 Mn |
| Jun 30, 2025 | 264.43 Mn |
| Mar 31, 2025 | 235.79 Mn |
| Dec 31, 2024 | 211.71 Mn |
| Sep 30, 2024 | 196.92 Mn |
| Jun 30, 2024 | 182.32 Mn |
| Mar 31, 2024 | 169.72 Mn |
| Dec 31, 2023 | 156.85 Mn |
| Sep 30, 2023 | 146.66 Mn |
| Jun 30, 2023 | 137.17 Mn |
| Mar 31, 2023 | 127.36 Mn |
| Dec 31, 2022 | 117.39 Mn |
| Dec 31, 2021 | 75.22 Mn |
| Dec 31, 2020 | 48.12 Mn |
| Dec 31, 2019 | 19.94 Mn |
| Dec 31, 2018 | 10.27 Mn |
| Sep 30, 2018 | -145,000.00 |
Innovative Industrial Properties Retained Earnings 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=retained-earnings&ticker=IIPR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "retained-earnings", "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=retained-earnings&ticker=IIPR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();