Innovative Industrial Properties, Inc.
IIPRNYSEReal Estate● Active
$59.54
+$0.98(+1.66%)
Market Cap$1.7B
P/E Ratio—
52W High$61.395
52W Low$44.58
Innovative Industrial Properties, Inc. (IIPR) Earnings: Dates, EPS & Revenue History
Quarterly EPS vs. estimates, revenue surprises, next earnings date, and analyst consensus.
IIPR · earnings · updated Jun 8, 2026
Latest Earnings
Q2 FY2026Report Date: May 4, 2026EPS Actual
$1.88
Est. $1.07 · +75.7%
Revenue
$0.07B
Est. $0.07B · +5.1%
Fiscal Period
Q2 FY2026
FY ends December
Report Date
May 4, 2026
After Market Close
▲ Beat EPS▲ Beat Revenue🔥 4-Quarter EPS Beat Streak
IIPR reports quarterly as a NYSE-listed REIT - Industrial company. Fiscal year ends in December. Data: FMP · Updated hourly.
Next Earnings Date
Days Away
85
days
Expected Date
Sep 1, 2026
Fiscal Period
Q3 FY2026
Release Time
◌ Time TBD (Unconfirmed)EPS Est.
—
Days Away85
Expected DateSep 1, 2026
Fiscal PeriodQ3 FY2026
Release TimeTime TBD (Unconfirmed)
EPS Est.—
EPS & Revenue vs. Estimates
Actual (Beat)
Actual (Miss)
Estimated
Earnings History
| Period | Report Date | EPS Est. | EPS Actual | EPS Surpr. | Revenue | Rev. Est. | Rev. Surpr. |
|---|---|---|---|---|---|---|---|
| ◌ Q3 FY2026 | Aug 5, 2026 | $1.05 | — | — | — | $0.07B | — |
| ▲ Q2 FY2026 | May 4, 2026 | $1.07 | $1.88 | +75.7% | $0.07B | $0.07B | +5.1% |
| ▲ Q1 FY2026 | Feb 23, 2026 | $1.05 | $1.88 | +79.0% | $0.07B | $0.07B | +1.4% |
| — Q4 FY2025 | Nov 3, 2025 | $1.71 | $1.71 | +0.0% | $0.06B | $0.07B | -2.2% |
| ▲ Q3 FY2025 | Aug 6, 2025 | $1.61 | $1.71 | +6.2% | $0.06B | $0.07B | -3.3% |
| ▼ Q2 FY2025 | May 7, 2025 | $1.99 | $1.94 | -2.5% | $0.07B | $0.07B | +1.3% |
| — Q1 FY2025 | Feb 19, 2025 | $2.22 | $2.22 | +0.0% | $0.08B | $0.08B | +0.7% |
| ▼ Q4 FY2024 | Nov 6, 2024 | $2.29 | $2.25 | -1.8% | $0.08B | $0.08B | +0.3% |
Q3 FY2026
Aug 5, 2026
EPS Actual
—
EPS Est.
$1.05
EPS Surpr.
—
Revenue
—
Q2 FY2026
May 4, 2026Beat
EPS Actual
$1.88
EPS Est.
$1.07
EPS Surpr.
+75.7%
Revenue
$0.07B
Q1 FY2026
Feb 23, 2026Beat
EPS Actual
$1.88
EPS Est.
$1.05
EPS Surpr.
+79.0%
Revenue
$0.07B
Q4 FY2025
Nov 3, 2025
EPS Actual
$1.71
EPS Est.
$1.71
EPS Surpr.
+0.0%
Revenue
$0.06B
Q3 FY2025
Aug 6, 2025Beat
EPS Actual
$1.71
EPS Est.
$1.61
EPS Surpr.
+6.2%
Revenue
$0.06B
Q2 FY2025
May 7, 2025Miss
EPS Actual
$1.94
EPS Est.
$1.99
EPS Surpr.
-2.5%
Revenue
$0.07B
Q1 FY2025
Feb 19, 2025
EPS Actual
$2.22
EPS Est.
$2.22
EPS Surpr.
+0.0%
Revenue
$0.08B
Q4 FY2024
Nov 6, 2024Miss
EPS Actual
$2.25
EPS Est.
$2.29
EPS Surpr.
-1.8%
Revenue
$0.08B
Analyst Estimates
Limited analyst coverage (fewer than 3 analysts). Estimates may not reflect market consensus.
EPS Estimates
| Period | Low | Consensus | High | # Analysts |
|---|---|---|---|---|
| Q4 FY2027 | $0.00 | $0.00 | $0.00 | 0 |
| Q3 FY2027 | $0.00 | $0.00 | $0.00 | 0 |
| Q2 FY2027 | $0.00 | $0.00 | $0.00 | 0 |
| Q1 FY2027 | $0.00 | $0.00 | $0.00 | 0 |
| Q4 FY2026 | $1.10 | $1.12 | $1.16 | 1 |
| Q3 FY2026 | $1.09 | $1.10 | $1.11 | 2 |
Revenue Estimates
| Period | Low | Consensus | High | # Analysts |
|---|---|---|---|---|
| Q4 FY2027 | $0.1B | $0.1B | $0.1B | 1 |
| Q3 FY2027 | $0.1B | $0.1B | $0.1B | 2 |
| Q2 FY2027 | $0.1B | $0.1B | $0.1B | 2 |
| Q1 FY2027 | $0.1B | $0.1B | $0.1B | 1 |
| Q4 FY2026 | $0.1B | $0.1B | $0.1B | 2 |
| Q3 FY2026 | $0.1B | $0.1B | $0.1B | 3 |
Earnings Price Reaction
Closing price one trading day before vs. one trading day after each earnings release.
| Period | Report Date | EPS Beat/Miss | Price Before | Price After | 1D Reaction |
|---|---|---|---|---|---|
| ▲ Q2 FY2026 | May 4, 2026 | +75.7% | $54.49 | $52.90 | -2.92% |
| ▲ Q1 FY2026 | Feb 23, 2026 | +79.0% | $45.71 | $46.16 | +0.98% |
| ▲ Q4 FY2025 | Nov 3, 2025 | +0.0% | $50.15 | $49.49 | -1.32% |
| ▲ Q3 FY2025 | Aug 6, 2025 | +6.2% | $52.29 | $51.62 | -1.28% |
| ▼ Q2 FY2025 | May 7, 2025 | -2.5% | $53.00 | $53.37 | +0.70% |
| ▲ Q1 FY2025 | Feb 19, 2025 | +0.0% | $73.94 | $73.43 | -0.69% |
| ▼ Q4 FY2024 | Nov 6, 2024 | -1.8% | $132.34 | $123.00 | -7.06% |
| ▲ Q3 FY2024 | Aug 5, 2024 | +2.7% | $117.71 | $113.16 | -3.87% |
Q2 FY2026-2.92%
Report Date
May 4, 2026
EPS Beat/Miss
+75.7%
Price Before
$54.49
Price After
$52.90
Q1 FY2026+0.98%
Report Date
Feb 23, 2026
EPS Beat/Miss
+79.0%
Price Before
$45.71
Price After
$46.16
Q4 FY2025-1.32%
Report Date
Nov 3, 2025
EPS Beat/Miss
+0.0%
Price Before
$50.15
Price After
$49.49
Q3 FY2025-1.28%
Report Date
Aug 6, 2025
EPS Beat/Miss
+6.2%
Price Before
$52.29
Price After
$51.62
Q2 FY2025+0.70%
Report Date
May 7, 2025
EPS Beat/Miss
-2.5%
Price Before
$53.00
Price After
$53.37
Q1 FY2025-0.69%
Report Date
Feb 19, 2025
EPS Beat/Miss
+0.0%
Price Before
$73.94
Price After
$73.43
Q4 FY2024-7.06%
Report Date
Nov 6, 2024
EPS Beat/Miss
-1.8%
Price Before
$132.34
Price After
$123.00
Q3 FY2024-3.87%
Report Date
Aug 5, 2024
EPS Beat/Miss
+2.7%
Price Before
$117.71
Price After
$113.16
Avg Beat Reaction-1.52%
Avg Miss Reaction-3.18%
Beat Rate6 / 8 quarters
Largest Move-7.06% (Q4 FY2024)
Data: FMP /historical-price-eod/full · field: close
About Earnings & Data Methodology
Data source: Financial Modeling Prep (FMP) | Updated: Hourly | Surprise%: (Actual − Estimate) / |Estimate| × 100 | Fiscal year: IIPR ends December
Innovative Industrial Properties, Inc. (IIPR) most recently reported earnings on May 4, 2026 for Q2 FY2026, posting EPS of $1.88 — beating the analyst consensus of $1.07 by +75.7%. IIPR has beaten EPS estimates for 4 consecutive quarters. The next IIPR earnings date is expected around September 1, 2026.
Each quarter, investors track IIPR earnings for signals on forward guidance and business momentum. For longer-term revenue trends, see the Revenue tab. IIPR revenue tab →
Earnings Glossary
EPS (Earnings Per Share)
Net income ÷ diluted shares outstanding. The primary metric analysts use to gauge quarterly profitability.
Earnings Surprise %
(Actual − Estimate) / |Estimate| × 100. Positive = Beat. Negative = Miss.
Beat / Miss / In-Line
Beat = Actual ≥ Estimate. Miss = Actual < Estimate. In-Line = within ±1%.
BMO / AMC
Before Market Open / After Market Close. Two windows when companies typically release results.
Fiscal Quarter
IIPR's fiscal year ends in December. Fiscal quarters may not align with calendar quarters.
Analyst Consensus
Average EPS/Revenue forecast across all covering analysts. More analysts = more reliable estimate.
Figures tie to FMP earnings calendar, estimates, and SEC 10-Q/10-K filings where noted.
Frequently asked questions
IIPR earnings · 5 questionsInnovative Industrial Properties, Inc.'s next earnings report is expected around September 1, 2026. IIPR typically reports quarterly — approximately every three months. The exact date is confirmed by the company 2–4 weeks before the release. Time is currently TBD; IIPR historically reports after market close (AMC).
IIPR earnings datewhen is IIPR earningsIIPR next earnings datewhen does IIPR report earningsIIPR earnings calendar
▸ Source: FMP · Innovative Industrial Properties, Inc. SEC filings · US GAAP · Innovative Industrial Properties, Inc. SEC 10-K & 10-Q filings · US GAAP · Updated: Jun 8, 2026