Innovative Industrial Properties (IIPR) Revenue (2017 - 2026)
Innovative Industrial Properties (IIPR) posted Revenue of $69.0 million for Q1 2026, up 3.51% sequentially from $66.7 million in Q4 2025, and down 3.8% YoY from $71.7 million in Q1 2025.
Innovative Industrial Properties (IIPR) Revenue (2017 - 2026) Analysis & Trends
Innovative Industrial Properties has reported Revenue for 10 years, with the latest figure at $69.0 million in Q1 2026.
- Quarterly Revenue fell 3.8% year-over-year to $69.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $263.2 million (down 13.63% YoY) and the FY2025 annual result came in at $266.0 million, down 13.8% from the prior year.
- Revenue improved to $69.0 million in Q1 2026 per IIPR's latest filing, from $66.7 million in the prior quarter.
- Over five years, Revenue peaked at $79.8 million in Q2 2024 and troughed at $62.9 million in Q2 2025.
- A 5-year average of $72.3 million and a median of $71.7 million in 2025 frame the typical range for Revenue.
- The sharpest annual moves came in 2022 and 2025: Revenue soared 50.41% in 2022, then declined 21.18% in 2025.
- Over 5 years, Revenue stood at $70.5 million in 2022, then grew by 12.34% to $79.2 million in 2023, then decreased by 3.05% to $76.7 million in 2024, then decreased by 13.14% to $66.7 million in 2025, then increased by 3.51% to $69.0 million in 2026.
- According to Business Quant data, Revenue over the past three periods registered $69.0 million, $66.7 million, and $64.7 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Prologis | 131.18 Bn | 131.18 Bn | 2.41 Bn | 2.43 Bn |
| 2 | Public Storage | 56.71 Bn | 56.45 Bn | 1.20 Bn | 1.23 Bn |
| 3 | Extra Space Storage | 31.13 Bn | 31.13 Bn | 642.43 Mn | 874.15 Mn |
| 4 | Eastgroup Properties | 10.82 Bn | 10.82 Bn | 193.10 Mn | 193.33 Mn |
| 5 | Lineage | 9.47 Bn | 9.41 Bn | 425.00 Mn | 1.36 Bn |
| 6 | CubeSmart | 9.34 Bn | 9.34 Bn | 190.47 Mn | 286.49 Mn |
| 7 | Rexford Industrial Realty | 8.31 Bn | 8.31 Bn | - | 245.51 Mn |
| 8 | Terreno Realty | 7.29 Bn | 7.29 Bn | - | 124.71 Mn |
| 9 | STAG Industrial | 6.97 Bn | 6.97 Bn | - | 224.37 Mn |
| 10 | Innovative Industrial Properties | 1.61 Bn | 1.61 Bn | - | 63.32 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 63.32 Mn |
| Mar 31, 2026 | 69.00 Mn |
| Dec 31, 2025 | 66.66 Mn |
| Sep 30, 2025 | 64.69 Mn |
| Jun 30, 2025 | 62.89 Mn |
| Mar 31, 2025 | 71.72 Mn |
| Dec 31, 2024 | 76.74 Mn |
| Sep 30, 2024 | 76.53 Mn |
| Jun 30, 2024 | 79.79 Mn |
| Mar 31, 2024 | 75.45 Mn |
| Dec 31, 2023 | 79.16 Mn |
| Sep 30, 2023 | 77.83 Mn |
| Jun 30, 2023 | 76.46 Mn |
| Mar 31, 2023 | 76.07 Mn |
| Dec 31, 2022 | 70.46 Mn |
| Sep 30, 2022 | 70.88 Mn |
| Jun 30, 2022 | 70.51 Mn |
| Mar 31, 2022 | 64.50 Mn |
| Dec 31, 2021 | 58.94 Mn |
| Sep 30, 2021 | 53.86 Mn |