Innovative Industrial Properties, Inc. Shares Outstanding 2017–2025
Innovative Industrial Properties, Inc. reported 28.0M of shares outstanding for fiscal 2025. That was 1.1% lower than fiscal 2024. Compared with fiscal 2020, the change was +17.1%. A falling share count is consistent with net buybacks exceeding issuance over the period, though the filing should be checked for the components.
| Fiscal year | Shares Outstanding | Change (YoY) |
|---|---|---|
| FY 2025 | 28.0M | -1.1% |
| FY 2024 | 28.3M | +0.7% |
| FY 2023 | 28.1M | +0.6% |
| FY 2022 | 28.0M | +9.2% |
| FY 2021 | 25.6M | +7.0% |
| FY 2020 | 23.9M | +89.4% |
| FY 2019 | 12.6M | +29.3% |
| FY 2018 | 9.8M | +179.2% |
| FY 2017 | 3.5M | — |
Source: Innovative Industrial Properties, Inc. SEC filings — balance sheet (10-K), split-adjusted. Computed deterministically; refreshed nightly (last updated August 2, 2026). Open IIPR 10-K filings at SEC EDGAR · Methodology · Download CSV.
How to read this history
Innovative Industrial Properties, Inc. reported 28.0M of shares outstanding for fiscal 2025. That was 1.1% lower than fiscal 2024. Compared with fiscal 2020, the change was +17.1%. A falling share count is consistent with net buybacks exceeding issuance over the period, though the filing should be checked for the components. Values remain missing when the cached filing does not disclose a comparable line item; they are never estimated. Stock splits, reorganizations and fiscal-calendar changes can reduce comparability.
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What is Innovative Industrial Properties, Inc.'s shares outstanding?
Innovative Industrial Properties, Inc. (IIPR) reported shares outstanding of 28.0M for fiscal year 2025, per its SEC filings.
How has Innovative Industrial Properties, Inc.'s shares outstanding changed over time?
Between fiscal 2017 and 2025, IIPR's shares outstanding grew at roughly 29.7% per year (compound annual rate), from 3.5M to 28.0M.
Where does this data come from?
Figures are computed from Innovative Industrial Properties, Inc.'s official SEC filings (balance sheet (10-K), split-adjusted), refreshed nightly. Not investment advice.
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