Innovative Industrial Properties Income Statement (2016-2026)

Reported Financials

Innovative Industrial Properties Quarterly Income Statement

Periods 40 quarters

Latest Sep 2026

Innovative Industrial Properties reported net income of $31.89M for the quarter ended Sep 2026. This income statement covers 40 quarters of results from Dec 2016 through Sep 2026, standardized by Business Quant from the company’s SEC filings.

Income StatementIncome Statement	Dec2021	Mar2022	Jun2022	Sep2022	Dec2022	Mar2023	Jun2023	Sep2023	Dec2023	Mar2024	Jun2024	Sep2024	Dec2024	Mar2025	Jun2025	Sep2025	Dec2025	Mar2026	Jun2026	Sep2026
Revenue
Rental Revenue
Rental Revenue	58.94M	64.11M	70.00M	70.35M	69.92M	75.53M	75.92M	77.29M	78.62M	74.91M	79.25M	76.05M	76.72M	71.70M	62.87M	64.29M	66.63M	68.92M	62.89M	64.74M
Other Revenue		0.39M	0.52M	0.54M	0.54M	0.54M	0.54M	0.54M	0.54M	0.54M	0.54M	0.47M	0.03M	0.03M	0.03M	0.39M	0.03M	0.08M	0.43M	0.18M
Total Revenue	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	63.32M	64.92M
Operating Expenses
General and AdministrativeG&A	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	8.46M
Depreciation and AmortizationD&A	12.21M	13.87M	15.23M	15.90M	16.30M	16.71M	16.70M	16.68M	17.10M	17.15M	17.47M	17.94M	18.24M	18.39M	18.50M	18.64M	18.54M	18.58M	18.80M	19.57M
Impairment of Real EstateImpairments														3.53M						0.60M
Restructuring CostsRestructuring
Interest Expense (in Operating Expenses)Interest Expense (Op.)					4.52M		4.47M				4.32M	4.43M	4.54M			4.53M	6.73M	6.43M	8.35M	11.82M
Other Operating ExpensesOther Opex	1.83M	1.98M	2.43M	2.82M	-1.23M	5.62M	1.29M	6.32M	7.19M	6.71M	2.54M	2.87M	3.07M	7.38M	6.87M	3.43M	1.25M	1.15M	-1.15M	-4.91M
Total Operating ExpensesTotal Opex	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	34.49M	36.51M	33.71M	35.54M
Operating Income	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	29.38M
Non-operating Items
Interest Expense	6.21M	4.77M	4.50M	4.51M		4.52M		4.33M	4.15M	4.39M				4.50M	4.44M
Gains on Sale of Real Estate and InvestmentsGains on Sales											-3.45M						-0.33M	0.42M	11.85M
Other Non Operating IncomeOther Non Op Inc.
Net income details
Income before TaxesEBT	32.32M	35.17M	40.22M	37.62M	41.51M	41.07M	41.27M	41.59M	41.63M	39.43M	41.99M	40.22M	40.03M	31.08M	26.02M	29.31M	31.84M	32.81M	43.85M	31.90M
Income from Continuing OperationsIncome (Continuing)	32.32M	35.17M	40.22M	37.62M	41.51M	41.07M	41.27M	41.59M	41.63M	39.43M	41.99M	40.22M	40.03M	31.08M	26.02M	29.31M	31.84M	32.81M	43.85M	31.90M
Consolidated Net IncomeConsol Net Inc.	32.32M	35.17M	40.22M	37.62M	41.51M	41.07M	41.27M	41.59M	41.63M	39.43M	41.99M	40.22M	40.03M	31.08M	26.02M	29.31M	31.84M	32.81M	43.85M	31.90M
Income towards Parent CompanyParent Net Inc	28.63M	35.05M	40.21M	37.62M	41.51M	41.09M	41.27M	41.59M	41.63M	39.43M	41.99M	40.22M	40.03M	31.08M	26.02M	29.31M	31.84M	32.81M	43.85M	31.90M
Preferred Dividends and Other AdjustmentsPreferred Dividends	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	3.19M
Net Income towards Common StockholdersNet Income	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	30.71M	30.16M	40.67M	28.71M
Additional items
EPS (Basic)	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	1.05
EPS (Diluted)	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	1.03
Weighted Average Shares OutstandingWtd. Avg. Shares	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	27.36M
Weighted Average Shares Outstanding (Diluted)Wtd. Avg. Shares (Dil.)	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	27.96M
Shares Outstanding (Entity)Shares Outstanding (Entity.)	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	27.57M
EBITDA	51.51M	54.11M	59.70M	57.58M	60.87M	60.41M	60.47M	60.87M	61.41M	59.59M	60.21M	60.32M	60.70M	52.83M	47.87M	48.54M	50.95M	52.07M	61.46M	50.57M

Innovative Industrial Properties Income Statement API

Pull Innovative Industrial Properties's standardized financial statements into your own models, spreadsheets and apps with the Business Quant Financial Statements API. The request below follows the statement, frequency and period selected above. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/statements?ticker=IIPR&statement=IS&frequency=Quarter&period=all&api_key=YOUR_API_KEY

import requests

url = "https://data.businessquant.com/statements"
params = {"ticker": "IIPR", "statement": "IS", "frequency": "Quarter", "period": "all", "api_key": "YOUR_API_KEY"}

data = requests.get(url, params=params).json()

const res = await fetch("https://data.businessquant.com/statements?ticker=IIPR&statement=IS&frequency=Quarter&period=all&api_key=YOUR_API_KEY");
const data = await res.json();

API documentation

Innovative Industrial Properties IIPR Income Statement (2016-2026)

Innovative Industrial Properties Quarterly Income Statement

Innovative Industrial Properties Income Statement API

Create an account

Sign In

Reset Password