Innovative Industrial Properties, Inc.
IIPRNYSEReal Estate● Active
$59.71
+$1.15(+1.96%)
Market Cap$1.7B
P/E Ratio—
52W High$61.395
52W Low$44.58
Innovative Industrial Properties, Inc. (IIPR) · Income Statement
Annual, quarterly, or TTM views · SEC 10-K & 10-Q via FMP · adjust period and M/B/T below.
FMP · IIPR · as of 2026-06-08
Financial statements
Revenue · Gross Profit · Net Income
| Breakdown | 2025-12 | 2024-12 | 2023-12 | 2022-12 | 2021-12 |
|---|---|---|---|---|---|
| Revenue | |||||
| Revenue | $0.27B | $0.31B | $0.31B | $0.28B | $0.20B |
| Cost of Revenue | $0.03B | $0.03B | $0.02B | $0.01B | $0.00B |
| Gross Profit | $0.24B | $0.28B | $0.28B | $0.27B | $0.20B |
| Gross Margin %(computed) | 88.65% | 90.77% | 91.96% | 96.19% | 97.83% |
| Operating Expenses | |||||
| R&D Expenses | $0.00B | $0.00B | $0.00B | $0.00B | $0.00B |
| G&A Expenses | $0.03B | $0.04B | $0.04B | $0.04B | $0.02B |
| Total Operating Expenses | $0.11B | $0.11B | $0.11B | $0.10B | $0.06B |
| Operating Income | $0.12B | $0.17B | $0.17B | $0.17B | $0.14B |
| Operating Margin %(computed) | 46.67% | 54.57% | 56.41% | 61.38% | 66.18% |
| Interest Income | $0.00B | $0.01B | $0.01B | $0.00B | $0.00B |
| Interest Expense | $0.02B | $0.02B | $0.02B | $0.02B | $0.02B |
| Income Before Tax | $0.11B | $0.16B | $0.17B | $0.15B | $0.11B |
| Income Tax Expense | $0.00B | $0.00B | $0.00B | $0.00B | $0.00B |
| Net Income | $0.11B | $0.16B | $0.17B | $0.15B | $0.11B |
| Net Margin %(computed) | 43.03% | 52.40% | 53.50% | 55.86% | 55.73% |
| Per Share & EBITDA | |||||
| EPS (Basic) | $3.98 | $5.58 | $5.82 | $5.57 | $4.69 |
| Wtd Avg Shares | 0.03B | 0.03B | 0.03B | 0.03B | 0.02B |
| EBITDA | $0.21B | $0.25B | $0.25B | $0.23B | $0.17B |
| EBITDA Margin %(computed) | 78.47% | 80.62% | 80.41% | 84.18% | 84.16% |
Data source: Financial Modeling Prep · Last updated: 2026-06-08 · USD · B
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About Innovative Industrial Properties, Inc. (IIPR) Income Statement
Innovative Industrial Properties, Inc. (IIPR) income statement data is sourced from SEC Form 10-K and 10-Q filings. For fiscal year 2025, IIPR reported revenue of $0.27B, gross profit of $0.24B (gross margin 88.65%), and net income of $0.11B — a net profit margin of 43.03%.
Frequently asked questions
IIPR · 4 questionsInnovative Industrial Properties, Inc. (IIPR) reported revenue of $0.27B for 2025, down 13.8% year-over-year.
IIPR revenueIIPR salesannual revenue YoYincome statement
· Source: FMP /stable/income-statement · SEC EDGAR Form 10-K & 10-Q · As of 2026-06-08