Innovative Industrial Properties reported revenue of $63.31M and net income of $43.85M for the quarter ended Jun 2026, up 0.7% year over year. This income statement covers 39 quarters of results from Dec 2016 through Jun 2026, standardized by Business Quant from the company’s SEC filings.
| Income Statement | Dec2016 | Mar2017 | Jun2017 | Sep2017 | Dec2017 | Mar2018 | Jun2018 | Sep2018 | Dec2018 | Mar2019 | Jun2019 | Sep2019 | Dec2019 | Mar2020 | Jun2020 | Sep2020 | Dec2020 | Mar2021 | Jun2021 | Sep2021 | Dec2021 | Mar2022 | Jun2022 | Sep2022 | Dec2022 | Mar2023 | Jun2023 | Sep2023 | Dec2023 | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 | Mar2026 | Jun2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Shares Outstanding (Entity)Shares Outstanding (Entity.) | 23.93M | 25.61M | 26.11M | 27.97M | 27.97M | 27.97M | 28.03M | 28.04M | 28.04M | 28.14M | 28.33M | 28.33M | 28.33M | 28.33M | 28.38M | 28.02M | 28.02M | 28.02M | 28.31M | 27.57M | |||||||||||||||||||
| Revenue & cost | |||||||||||||||||||||||||||||||||||||||
| Revenue | 53.86M | 58.94M | 64.50M | 70.51M | 70.88M | 70.46M | 76.07M | 76.46M | 77.83M | 79.16M | 75.45M | 79.79M | 76.53M | 76.74M | 71.72M | 62.89M | 64.69M | 66.66M | 69.00M | 63.31M | |||||||||||||||||||
| Operating items | |||||||||||||||||||||||||||||||||||||||
| Depreciation & Amortization - TotalDep. & Amort. (Tot) | 10.90M | 12.10M | 13.70M | 15.00M | 15.70M | 16.10M | 16.50M | 16.50M | 16.50M | 16.80M | 16.90M | 17.30M | 17.70M | 18.00M | 18.20M | 18.30M | 18.20M | 18.30M | |||||||||||||||||||||
| Selling, General & AdministrativeSG&A | 5.31M | 6.45M | 8.78M | 8.71M | 10.80M | 10.23M | 10.37M | 10.57M | 10.98M | 10.91M | 9.56M | 9.66M | 9.33M | 8.89M | 8.46M | 8.63M | 8.68M | 7.97M | 10.35M | 7.72M | |||||||||||||||||||
| Rent ExpenseRental Exp. | 1.36M | 1.83M | 1.98M | 2.43M | 2.82M | 3.29M | 5.62M | 5.76M | 6.32M | 7.19M | 6.71M | 6.86M | 7.29M | 7.61M | 7.38M | 6.87M | 7.95M | 7.98M | 7.58M | 7.20M | |||||||||||||||||||
| Restructuring CostsRestructuring | |||||||||||||||||||||||||||||||||||||||
| Other Operating ExpensesOther Opex | -0.01M | 0.10M | 0.17M | 0.23M | 0.20M | 0.20M | 0.21M | 0.20M | 0.18M | 0.30M | 0.25M | 0.17M | 0.24M | 0.24M | 3.72M | 0.20M | 0.44M | 0.24M | 18.58M | 18.80M | |||||||||||||||||||
| Operating ExpensesOpex | 17.56M | 20.48M | 24.63M | 26.37M | 29.53M | 29.82M | 32.71M | 33.03M | 33.98M | 35.20M | 33.42M | 34.00M | 34.57M | 34.74M | 37.76M | 33.99M | 35.27M | 34.48M | 36.51M | 33.71M | |||||||||||||||||||
| Operating IncomeOp. Inc | 36.29M | 38.46M | 39.88M | 44.14M | 41.36M | 44.24M | 43.36M | 43.42M | 43.85M | 43.96M | 42.03M | 42.35M | 41.96M | 42.01M | 33.96M | 28.90M | 29.41M | 31.85M | 32.91M | 41.45M | |||||||||||||||||||
| EBIT | 36.29M | 38.46M | 39.88M | 44.14M | 41.36M | 44.24M | 43.36M | 43.42M | 43.85M | 43.96M | 42.03M | 42.35M | 41.96M | 42.01M | 33.96M | 28.90M | 29.41M | 31.85M | 32.91M | 41.45M | |||||||||||||||||||
| Non-operating items | |||||||||||||||||||||||||||||||||||||||
| Non Operating Interest Expenses | 6.31M | 6.21M | 4.77M | 4.50M | 4.51M | 4.52M | 4.52M | 4.47M | 4.33M | 4.14M | 4.39M | 4.32M | 4.43M | 4.54M | 4.50M | 4.44M | 4.53M | 6.73M | 6.43M | 8.35M | |||||||||||||||||||
| Non Operating Investment Income | -3.45M | -0.30M | 0.42M | 11.85M | |||||||||||||||||||||||||||||||||||
| Interest & Investment IncomeInt & Inv Inc | 0.11M | 0.07M | 0.06M | 0.58M | 0.77M | 1.78M | 2.23M | 2.32M | 2.08M | 1.82M | 1.78M | 3.97M | 2.69M | 2.55M | 1.61M | 1.57M | 4.42M | 6.72M | 6.33M | 10.75M | |||||||||||||||||||
| Other Non Operating IncomeOther Non Op Inc. | |||||||||||||||||||||||||||||||||||||||
| Net income details | |||||||||||||||||||||||||||||||||||||||
| EBT | 30.09M | 32.32M | 35.17M | 40.22M | 37.62M | 41.51M | 41.07M | 41.27M | 41.59M | 41.63M | 39.43M | 41.99M | 40.22M | 40.02M | 31.08M | 26.02M | 29.30M | 31.84M | 32.81M | 43.85M | |||||||||||||||||||
| Profit After TaxPAT | 30.09M | 28.63M | 35.05M | 40.21M | 37.62M | 41.51M | 41.09M | 41.27M | 41.59M | 41.63M | 39.43M | 41.99M | 40.22M | 40.02M | 31.08M | 26.02M | 29.30M | 31.84M | 32.81M | 43.85M | |||||||||||||||||||
| Income from Continuing OperationsIncome (Continuing) | 30.09M | 32.32M | 35.17M | 40.22M | 37.62M | 41.51M | 41.07M | 41.27M | 41.59M | 41.63M | 39.43M | 41.99M | 40.22M | 40.02M | 31.08M | 26.02M | 29.30M | 31.84M | 32.81M | 43.85M | |||||||||||||||||||
| Consolidated Net IncomeConsol Net Inc. | 30.09M | 32.32M | 35.17M | 40.22M | 37.62M | 41.51M | 41.07M | 41.27M | 41.59M | 41.63M | 39.43M | 41.99M | 40.22M | 40.02M | 31.08M | 26.02M | 29.30M | 31.84M | 32.81M | 43.85M | |||||||||||||||||||
| Income towards Parent CompanyParent Net Inc | 30.09M | 32.32M | 35.17M | 40.22M | 37.62M | 41.51M | 41.07M | 41.27M | 41.59M | 41.63M | 39.43M | 41.99M | 40.22M | 40.02M | 31.08M | 26.02M | 29.30M | 31.84M | 32.81M | 43.85M | |||||||||||||||||||
| Preferred Dividend PaymentsPref Dividends | 0.34M | 0.34M | 0.34M | 0.34M | 0.34M | 0.34M | 0.34M | 0.34M | 0.34M | 0.34M | 0.34M | 0.34M | 0.56M | 0.56M | 0.78M | 0.88M | 1.02M | 1.14M | 2.65M | 3.19M | |||||||||||||||||||
| Net Income towards Common StockholdersNet Income | 29.76M | 28.29M | 34.71M | 39.88M | 37.28M | 41.17M | 40.75M | 40.93M | 41.26M | 41.30M | 39.09M | 41.66M | 39.65M | 39.46M | 30.30M | 25.15M | 28.29M | 30.70M | 30.16M | 40.66M | |||||||||||||||||||
| Additional items | |||||||||||||||||||||||||||||||||||||||
| EPS (Basic) | 1.25 | 1.18 | 1.35 | 1.43 | 1.33 | 1.51 | 1.46 | 1.46 | 1.47 | 1.48 | 1.39 | 1.47 | 1.40 | 1.40 | 1.07 | 0.90 | 1.01 | 1.10 | 1.08 | 1.43 | |||||||||||||||||||
| EPS (Diluted) | 1.13 | 1.08 | 1.32 | 1.42 | 1.32 | 1.49 | 1.44 | 1.45 | 1.46 | 1.46 | 1.37 | 1.46 | 1.39 | 1.38 | 1.06 | 0.89 | 1.00 | 1.08 | 1.06 | 1.36 | |||||||||||||||||||
| Shares Outstanding | 23.89M | 23.90M | 25.62M | 27.85M | 27.94M | 27.35M | 27.95M | 27.98M | 27.98M | 27.98M | 28.15M | 28.25M | 28.25M | 28.23M | 28.28M | 27.92M | 27.91M | 28.01M | 27.99M | 28.44M | |||||||||||||||||||
| Shares Outstanding (Diluted)Shares Outstanding (Dil.) | 26.26M | 26.26M | 26.34M | 28.04M | 28.16M | 27.66M | 28.22M | 28.26M | 28.27M | 28.26M | 28.46M | 28.57M | 28.58M | 28.53M | 28.59M | 28.32M | 28.30M | 28.38M | 28.47M | 29.99M | |||||||||||||||||||
| EBITDA | 47.19M | 50.56M | 53.58M | 59.14M | 57.06M | 60.34M | 59.86M | 59.92M | 60.35M | 60.76M | 58.93M | 59.65M | 59.66M | 60.01M | 52.16M | 47.20M | 47.61M | 50.15M | 32.91M | 41.45M | |||||||||||||||||||
| Interest ExpensesInt Expense | 6.31M | 6.21M | 4.77M | 4.50M | 4.51M | 4.52M | 4.52M | 4.47M | 4.33M | 4.14M | 4.39M | 4.32M | 4.43M | 4.54M | 4.50M | 4.44M | 4.53M | 6.73M | 6.43M | 8.35M |