Innovative Industrial Properties Quarterly Income Statement
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At close: Oct 9, 4:02 PM ET · Delayed 15 min
Innovative Industrial Properties revenue and earnings
In the quarter ended Jun 30, 2026, Innovative Industrial Properties generated $63.3 million in revenue, up 0.7% from the same quarter a year earlier. Net income was $43.9 million (+68.5% year over year), for a net margin of 69.3% versus a median of 45.3% in the prior 5 quarters. Operating margin was 65.5%.
Diluted earnings per share came in at $1.36, up from $0.86.
Summary generated from market data by MetaCap's automated system. Methodology
Innovative Industrial Properties income statement (quarterly)
| Quarter (USD) | Q2 20262026-06-30 | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 63.31M | 69.00M | 66.66M | 64.69M | 62.89M | 71.72M | 76.74M | 76.53M | 79.79M | 75.45M | 79.16M | 77.83M |
| Revenue growth (YoY) | +0.67% | -3.80% | -13.14% | -15.47% | -21.18% | -4.95% | -3.05% | -1.67% | +4.36% | -0.81% | +12.34% | +9.80% |
| Operating Expenses | 33.71M | 36.51M | 34.48M | 35.27M | 33.99M | 37.76M | 34.74M | 34.57M | 34.00M | 33.42M | 35.20M | 33.98M |
| Operating Income | 41.45M | 32.91M | 31.85M | 29.41M | 28.90M | 33.96M | 42.01M | 41.96M | 42.35M | 42.03M | 43.96M | 43.85M |
| Interest Expense | 8.35M | 6.43M | 6.73M | 4.53M | 4.44M | 4.50M | 4.54M | 4.43M | 4.32M | 4.39M | 4.14M | 4.33M |
| Net Income | 43.85M | 32.81M | 31.84M | 29.30M | 26.02M | 31.08M | 40.02M | 40.22M | 41.99M | 39.43M | 41.63M | 41.59M |
| Net Income growth (YoY) | +68.51% | +5.57% | -20.45% | -27.13% | -38.03% | -21.18% | -3.86% | -3.32% | +1.75% | -4.05% | +0.31% | +10.58% |
| EPS (Basic) | 1.39 | 1.04 | 1.07 | 0.99 | 0.87 | 1.05 | 1.38 | 1.38 | 1.45 | 1.37 | 1.46 | 1.46 |
| EPS (Diluted) | 1.36 | 1.02 | 1.07 | 0.97 | 0.86 | 1.03 | 1.35 | 1.37 | 1.44 | 1.36 | 1.45 | 1.45 |
| Shares Outstanding (Basic) | 28.44M | 27.99M | — | 27.91M | 27.92M | 28.28M | — | 28.25M | 28.25M | 28.15M | — | 27.98M |
| Shares Outstanding (Diluted) | 29.99M | 28.47M | — | 28.30M | 28.32M | 28.59M | — | 28.58M | 28.57M | 28.46M | — | 28.27M |
| EBITDA | 60.25M | 51.49M | 50.38M | 48.05M | 47.40M | 52.35M | 60.25M | 59.90M | 59.82M | 59.18M | 61.05M | 60.53M |
| Operating Margin | 65.46% | 47.70% | 47.78% | 45.47% | 45.95% | 47.36% | 54.74% | 54.83% | 53.07% | 55.71% | 55.53% | 56.34% |
| Net Margin | 69.26% | 47.55% | 47.77% | 45.30% | 41.38% | 43.33% | 52.15% | 52.55% | 52.63% | 52.25% | 52.60% | 53.44% |
This table shows 12 quarterly periods of Innovative Industrial Properties's income statement, from Q2 2026 back to Q3 2023, across 13 line items including revenue, operating expenses, operating income. Values in USD; B = billions, M = millions. Fiscal periods follow IIPR's reporting calendar. What is a income statement?