Innovative Industrial Properties annual operating income
2017
2018
2019
2020
2021
2022
2023
2024
2025
Innovative Industrial Properties Operating Income Growth & History (IIPR)
Innovative Industrial Properties's operating income was $124.1M for fiscal 2025.
View full Innovative Industrial Properties company overviewInnovative Industrial Properties annual operating income history
| Fiscal year | Period ended | Operating income | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $124.1M | −$44.2M | −26.27% |
| 2024 | 2024-12-31 | $168.3M | −$6.2M | −3.58% |
| 2023 | 2023-12-31 | $174.6M | $5.0M | +2.93% |
| 2022 | 2022-12-31 | $169.6M | $34.2M | +25.30% |
| 2021 | 2022-01-14 | $135.4M | $65.6M | +94.12% |
| 2020 | 2020-12-31 | $69.7M | $44.8M | +179.68% |
| 2019 | 2019-12-31 | $24.9M | $19.6M | +367.12% |
| 2018 | 2018-12-31 | $5.3M | $5.6M | — |
| 2017 | 2017-12-31 | −$223,000 | — | — |
Innovative Industrial Properties quarterly operating income
Q1.17
Q2.17
Q3.17
Q4.17
Q1.18
Q2.18
Q3.18
Q4.18
Q1.19
Q2.19
Q3.19
Q4.19
Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating income | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $41.4M | $12.6M | +43.43% |
| Q1 2026 | 2026-03-31 | $32.9M | −$1.1M | −3.11% |
| Q4 2025 | 2025-12-31 | $31.8M | −$10.2M | −24.19% |
| Q3 2025 | 2025-09-30 | $29.4M | −$12.5M | −29.89% |
| Q2 2025 | 2025-06-30 | $28.9M | −$13.4M | −31.76% |
| Q1 2025 | 2025-03-31 | $34.0M | −$8.1M | −19.20% |
| Q4 2024 | 2024-12-31 | $42.0M | −$1.9M | −4.43% |
| Q3 2024 | 2024-09-30 | $42.0M | −$1.9M | −4.31% |
| Q2 2024 | 2024-06-30 | $42.3M | −$1.1M | −2.48% |
| Q1 2024 | 2024-03-31 | $42.0M | −$1.3M | −3.05% |
| Q4 2023 | 2023-12-31 | $44.0M | −$283,000 | −0.64% |
| Q3 2023 | 2023-09-30 | $43.8M | $2.5M | +6.03% |
| Q2 2023 | 2023-06-30 | $43.4M | −$720,000 | −1.63% |
| Q1 2023 | 2023-03-31 | $43.4M | $3.5M | +8.73% |
| Q4 2022 | 2022-12-31 | $44.2M | $5.8M | +15.02% |
| Q3 2022 | 2022-09-30 | $41.4M | $5.1M | +13.95% |
| Q2 2022 | 2022-06-30 | $44.1M | $11.2M | +34.01% |
| Q1 2022 | 2022-03-31 | $39.9M | $12.2M | +44.09% |
| Q4 2021 | 2022-01-14 | $38.5M | $15.6M | +68.24% |
| Q3 2021 | 2021-09-30 | $36.3M | $15.9M | +77.71% |
| Q2 2021 | 2021-06-30 | $32.9M | $18.8M | +132.36% |
| Q1 2021 | 2021-03-31 | $27.7M | $15.4M | +125.43% |
| Q4 2020 | 2020-12-31 | $22.9M | $12.3M | +115.63% |
| Q3 2020 | 2020-09-30 | $20.4M | $13.6M | +199.41% |
| Q2 2020 | 2020-06-30 | $14.2M | $10.1M | +248.13% |
| Q1 2020 | 2020-03-31 | $12.3M | $8.8M | +256.89% |
| Q4 2019 | 2019-12-31 | $10.6M | $8.8M | +486.72% |
| Q3 2019 | 2019-09-30 | $6.8M | $5.3M | +334.18% |
| Q2 2019 | 2019-06-30 | $4.1M | $2.8M | +229.45% |
| Q1 2019 | 2019-03-31 | $3.4M | $2.7M | +375.14% |
| Q4 2018 | 2018-12-31 | $1.8M | $1.2M | +215.36% |
| Q3 2018 | 2018-09-30 | $1.6M | $1.3M | +432.54% |
| Q2 2018 | 2018-06-30 | $1.2M | $1.7M | — |
| Q1 2018 | 2018-03-31 | $724,000 | $1.4M | — |
| Q4 2017 | 2017-12-31 | $573,000 | — | — |
| Q3 2017 | 2017-09-30 | $295,000 | — | — |
| Q2 2017 | 2017-06-30 | −$465,000 | — | — |
| Q1 2017 | 2017-03-31 | −$626,000 | — | — |
Innovative Industrial Properties operating income trends
Over the last five fiscal years, Innovative Industrial Properties's operating income increased from $69.7M to $124.1M, a change of $54.4M. The latest reported quarter, Q2 2026, shows $41.4M.
About the metric
What operating income means
Operating income is the profit or loss a company generates from its core business after cost of revenue and operating expenses, but before non-operating items such as interest and income taxes.
Calculation and source
SEC-reported operating income
TickerStat standardizes operating income reported in company SEC filings for aligned fiscal periods. It is not adjusted EBIT, an analyst estimate, or company guidance. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Innovative Industrial Properties source filings ↗