Innovative Industrial Properties (IIPR) Share-based Compensation (2017 - 2026)
Innovative Industrial Properties (IIPR) recorded Share-based Compensation of $3.31 million in Q3 2026, up 23.4% from $2.68 million a year earlier and up 17.2% from the prior quarter.
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Analysis
Innovative Industrial Properties (IIPR) Share-based Compensation (2017 - 2026) Analysis & Trends
On a TTM basis, Innovative Industrial Properties' Share-based Compensation came in at $11.42 million as of Sep 30, 2026, down 2.8% year-over-year; for FY2025, it was $10.13 million, down 41.5% from FY2024.
- Annual Share-based Compensation has a five-year compound annual growth rate of 24.9% (FY2020 to FY2025).
- Across earlier years, Share-based Compensation came in at $17.32 million in FY2024 (-11.6%), $19.58 million in FY2023 (+11.8%), $17.51 million in FY2022 (+103.2%) and $8.62 million in FY2021 (+158.7%).
- The Q3 2026 figure is the highest quarterly Share-based Compensation since Q4 2024.
- On a year-over-year basis, Share-based Compensation has increased for three consecutive quarters, with an average decline of 15.6% over the last eight quarters.
- Peak year-over-year performance for Share-based Compensation in the last five years was growth of 160.3% in Q4 2021, against a decline of 51.8% in Q1 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $2.83 million (Q2 2026), $2.58 million (Q1 2026) and $2.7 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Stock Comp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 177.74 Bn | 163.76 Bn | 1.47 Bn | 22.27 Mn |
| 2 | Prologis | 120.05 Bn | 114.00 Bn | - | 49.96 Mn |
| 3 | Simon Property | 74.18 Bn | 70.24 Bn | - | - |
| 4 | Public Storage | 62.09 Bn | 60.82 Bn | - | 10.54 Mn |
| 5 | Realty Income | 55.76 Bn | 54.03 Bn | - | 6.46 Mn |
| 6 | Ventas | 45.60 Bn | 44.27 Bn | - | 5.93 Mn |
| 7 | Extra Space Storage | 33.58 Bn | 32.49 Bn | 650.96 Mn | 8.92 Mn |
| 8 | Vici Properties | 27.29 Bn | 25.64 Bn | 1.06 Bn | 4.90 Mn |
| 9 | Vivmark Residential | 24.52 Bn | 24.30 Bn | - | 9.57 Mn |
| 10 | Innovative Industrial Properties | 1.50 Bn | 1.01 Bn | - | 3.31 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 3.31 Mn |
| Jun 30, 2026 | 2.83 Mn |
| Mar 31, 2026 | 2.58 Mn |
| Dec 31, 2025 | 2.70 Mn |
| Sep 30, 2025 | 2.68 Mn |
| Jun 30, 2025 | 2.67 Mn |
| Mar 31, 2025 | 2.08 Mn |
| Dec 31, 2024 | 4.32 Mn |
| Sep 30, 2024 | 4.32 Mn |
| Jun 30, 2024 | 4.37 Mn |
| Mar 31, 2024 | 4.32 Mn |
| Dec 31, 2023 | 4.93 Mn |
| Sep 30, 2023 | 4.93 Mn |
| Jun 30, 2023 | 4.88 Mn |
| Mar 31, 2023 | 4.83 Mn |
| Dec 31, 2022 | 4.31 Mn |
| Sep 30, 2022 | 4.38 Mn |
| Jun 30, 2022 | 4.44 Mn |
| Mar 31, 2022 | 4.38 Mn |
| Dec 31, 2021 | 2.19 Mn |
API Access
Innovative Industrial Properties Share-based Compensation 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=share-based-compensation&ticker=IIPR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "share-based-compensation", "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=share-based-compensation&ticker=IIPR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();