Innovative Industrial Properties, Inc. (IIPR)
Real Estate · REIT - Industrial · NYSE
Innovative Industrial Properties, Inc. revenue & earnings — last 9 fiscal years
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $6.42M | $14.79M | $44.67M | $116.90M | $204.55M | $276.36M | $309.51M | $308.52M | $265.95M |
| Gross profit | — | — | — | — | — | — | — | — | — |
| Net income | $-72,000 | $6.99M | $23.48M | $65.73M | $113.99M | $153.03M | $164.24M | $159.86M | $114.44M |
| Net margin | -1.1% | 47.2% | 52.6% | 56.2% | 55.7% | 55.4% | 53.1% | 51.8% | 43.0% |
Source: Innovative Industrial Properties, Inc. SEC filings (10-K).
Explore 9 years of Innovative Industrial Properties, Inc. financials — interactive
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About Innovative Industrial Properties, Inc.
Innovative Industrial Properties, Inc. is a real estate investment trust (REIT) focused on the acquisition, ownership and management of specialized industrial properties and life science real estate. Innovative Industrial Properties, Inc. was incorporated on June 15th 2016 in Maryland and is based in San Diego, United States.
Innovative Industrial Properties, Inc. — frequently asked questions
What is Innovative Industrial Properties, Inc.'s revenue?
Innovative Industrial Properties, Inc. (IIPR) reported revenue of $265.95M for fiscal year 2025, down 13.8% from the prior year, according to its SEC filings.
Is Innovative Industrial Properties, Inc. profitable?
Yes. IIPR earned net income of $114.44M in fiscal 2025, a net margin of 43.0%.
What is IIPR's P/E ratio?
Innovative Industrial Properties, Inc. trades at a price-to-earnings ratio of about 15.0 based on the latest data in our nightly-refreshed cache.
How fast is Innovative Industrial Properties, Inc. growing?
IIPR's revenue grew at roughly 17.9% per year over the last five fiscal years (compound annual growth rate), computed from SEC-filed statements.
Where does this data come from?
All figures are computed from Innovative Industrial Properties, Inc.'s official SEC filings (10-K and 10-Q), covering 9 years of history, refreshed nightly. stockportfolio.pro does not provide investment advice.