Innovative Industrial Properties (IIPR) Revenue (2017 - 2026)
Innovative Industrial Properties (IIPR) reported Revenue of $63.32 million for Q2 2026, up 0.7% from $62.89 million a year earlier but down 8.2% from the prior quarter.
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Analysis
Innovative Industrial Properties (IIPR) Revenue (2017 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Innovative Industrial Properties' Revenue came in at $263.65 million, down 8.4% year-over-year; for FY2025, it was $265.96 million, down 13.8% from FY2024.
- Revenue has a five-year compound annual growth rate of 17.9% (FY2020 to FY2025).
- By year, Revenue came in at $308.52 million in FY2024 (-0.3%), $309.51 million in FY2023 (+12.0%), $276.36 million in FY2022 (+35.1%) and $204.55 million in FY2021 (+75.0%).
- Five-year quarterly Revenue spans a low of $53.86 million in Q3 2021 and a high of $79.79 million in Q2 2024.
- Year over year, Revenue gained in 1 of the last eight quarters, with an average decline of 7.8%.
- The high point for year-over-year Revenue in five years was Q4 2021 (growth of 58.9%); the low point was Q2 2025 (a decline of 21.2%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $69 million (Q1 2026), $66.66 million (Q4 2025) and $64.69 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 157.27 Bn | 138.76 Bn | 1.39 Bn | 3.54 Bn |
| 2 | Prologis | 119.02 Bn | 119.02 Bn | - | 2.43 Bn |
| 3 | Simon Property | 64.22 Bn | 64.22 Bn | - | 1.76 Bn |
| 4 | Realty Income | 49.78 Bn | 49.78 Bn | - | 1.55 Bn |
| 5 | Public Storage | 49.58 Bn | 48.57 Bn | - | 1.23 Bn |
| 6 | Ventas | 39.19 Bn | 37.87 Bn | - | 1.73 Bn |
| 7 | Extra Space Storage | 27.79 Bn | 27.79 Bn | 642.43 Mn | 874.15 Mn |
| 8 | Vici Properties | 24.68 Bn | 22.79 Bn | 1.05 Bn | 1.06 Bn |
| 9 | Vivmark Residential | 22.20 Bn | 22.20 Bn | - | - |
| 10 | Innovative Industrial Properties | 1.46 Bn | 1.46 Bn | - | 63.32 Mn |
Historic Data
Download Data
Historic 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 |
API Access
Innovative Industrial Properties Revenue 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=revenue&ticker=IIPR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "revenue", "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=revenue&ticker=IIPR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();