The table below shows Innovative Industrial Properties, Inc.'s income statement by quarter, as reported in the company's quarterly filings. All figures are in US dollars; negative values appear in red.
Line item
Q1 2026
Q3 2025
Q2 2025
Q1 2025
Q3 2024
Q2 2024
Revenue
$69.00M
$64.69M
$62.89M
$71.72M
$76.53M
$79.79M
Cost of revenue
-
-
-
-
-
-
Gross profit
-
-
-
-
-
-
R&D
-
-
-
-
-
-
SG&A
IIPR annual revenue (10-K history)
Innovative Industrial Properties, Inc. reported annual revenue of $265.95M for fiscal year 2025. That is down 13.8% from $308.52M in fiscal 2024. Over the 9 fiscal years shown, annual revenue grew from $6.42M (FY 2017) to $265.95M. Figures come from the company's audited annual reports as filed with the SEC.