Companies: 10,795·Total market cap: $144.5T
Innovative Industrial Properties, Inc.

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) Revenue

Annual & quarterly revenue history · segment & region breakdown

IIPR · revenue · updated Jun 8, 2026

Core revenue metrics

Innovative Industrial Properties, Inc. trailing twelve-month (TTM) revenue is $0.26B, a decrease of 13.80% year-over-year from $0.27B in FY2025.

TTM revenue
$0.26B
4-quarter sum · USD
YoY growth
-13.80%
vs FY2025 $0.27B
Price / sales
6.60×
mktCap ÷ TTM rev
Revenue per day
$1M
Est. TTM ÷ 365
Revenue / employee
$12535K
21 employees
FY2025
$0.27B
FY2024
$0.31B
5Y CAGR
+5.4%
Fiscal year end
Dec 31
Currency
USD · GAAP
Filing
10-K / 10-Q
Source: FMP · Innovative Industrial Properties, Inc. SEC filings · GAAPUpdated: 2026-06-08

Revenue trend

20252015 · Annual
YoY revenue growth %
revenue trend · revenue chart · revenue by year · revenue history

Revenue history

Fiscal year endRevenueChangeGrowth
2025-12-31$0.27B-$0.04B-13.80%
2024-12-31$0.31B-$0.00B-0.32%
2023-12-31$0.31B+$0.03B+11.99%
2022-12-31$0.28B+$0.07B+35.11%
2021-12-31$0.20B+$0.09B+74.99%
2020-12-31$0.12B+$0.07B+161.71%
2019-12-31$0.04B+$0.03B+202.07%
2018-12-31$0.01B+$0.01B+130.33%
2017-12-31$0.01B+$0.01B+1900.00%
2016-12-31$0.00B-$0.01B-94.30%
IIPR revenue by year · IIPR revenue history · IIPR annual revenue data

Compare revenue vs peers

REIT - Industrial

Compare IIPR revenue against listed peers. Click any row to open that company's revenue tab.

About Revenue & Reporting

Revenue (also called sales, net sales, or turnover) is the total income Innovative Industrial Properties, Inc. receives from its business operations before deducting any costs or expenses. It is the top line of the income statement. Unlike net income or earnings, revenue does not account for operating costs, taxes, interest, or depreciation.

Innovative Industrial Properties, Inc. reports revenue on a fiscal year ending Dec 31 basis under US GAAP, denominated in USD.

Data sourced from Innovative Industrial Properties, Inc.'s 10-K and 10-Q SEC filings via Financial Modeling Prep.

Figures tie to SEC 10-K/10-Q and FMP income-statement endpoints where noted.

Frequently asked questions

IIPR revenue · 4 questions

IIPR's trailing twelve-month (TTM) revenue is $0.26B. That is a decrease of 13.80% year-over-year from $0.27B in FY2025.

IIPR revenueIIPR annual revenuewhat is IIPR revenueIIPR TTM revenue

Source: FMP · Innovative Industrial Properties, Inc. SEC filings · GAAP · Innovative Industrial Properties, Inc. SEC 10-K & 10-Q filings · US GAAP · Updated: Jun 8, 2026