INNOVATIVE INDUSTRIAL PROPERTIES INC Financial Summary

Quick Answer

INNOVATIVE INDUSTRIAL PROPERTIES INC reported Total Revenue of $265.95 million for fiscal year 2025.

INNOVATIVE INDUSTRIAL PROPERTIES INC — Key Financials by Year

Metric 2025 2024 2023 2022 2021 2020
Total Revenue $265.95M
-13.8%
$308.52M
-0.3%
$309.51M
+12.0%
$276.36M
+35.1%
$204.55M
+75.0%
$116.90M
+161.7%
Net Income $118.25M
-26.9%
$161.66M
-2.4%
$165.59M
+7.3%
$154.39M
+35.4%
$113.99M
+73.4%
$65.73M
+180.0%
Diluted EPS $3.93
-28.8%
$5.52
-4.3%
$5.77
+4.5%
$5.52
+21.3%
$4.55
+39.1%
$3.27
+61.1%
Total Assets $2.37B
-0.3%
$2.38B
-0.5%
$2.39B
-1.0%
$2.41B
+15.8%
$2.08B
+17.9%
$1.77B
+137.1%
Cash and Equivalents $47.60M
-67.5%
$146.25M
+4.3%
$140.25M
+61.0%
$87.12M
+7.4%
$81.10M
-35.6%
$126.01M
+53.2%
Stockholders Equity $1.85B
-4.5%
$1.94B
-0.9%
$1.95B
-0.5%
$1.96B
+21.7%
$1.61B
+5.7%
$1.52B
+178.3%
Operating Income $124.12M
-26.3%
$168.34M
-3.6%
$174.59M
+2.9%
$169.62M
+25.3%
$135.37M
+94.1%
$69.74M
+179.7%
Shares Outstanding 28.02M
-1.1%
28.33M
+0.7%
28.14M
+0.6%
27.97M
+9.2%
25.61M
+7.0%
23.94M
+89.4%

Most Recent Quarter

Metric Quarter Ending Value YoY QoQ
Total Revenue September 30, 2025 $64.69M -15.5% +2.9%
Net Income September 30, 2025 $29.30M -27.1% +12.6%
Diluted EPS September 30, 2025 $0.97 -29.2% +12.8%
Total Assets September 30, 2025 $2.34B -2.4% +1.4%
Cash and Equivalents September 30, 2025 $36.67M -75.1% -63.2%
Stockholders Equity September 30, 2025 $1.86B -4.3% -0.9%
Operating Income September 30, 2025 $29.41M -29.9% +1.8%
Shares Outstanding September 30, 2025 28.02M -1.1% +0.0%
  • INNOVATIVE INDUSTRIAL PROPERTIES INC reported Total Revenue of $265.95 million for fiscal year 2025.
  • INNOVATIVE INDUSTRIAL PROPERTIES INC showed a decrease of -13.8% in Total Revenue compared to the prior fiscal year.
  • INNOVATIVE INDUSTRIAL PROPERTIES INC reported Net Income of $118.25 million for fiscal year 2025.
  • INNOVATIVE INDUSTRIAL PROPERTIES INC showed a decrease of -26.9% in Net Income compared to the prior fiscal year.
  • INNOVATIVE INDUSTRIAL PROPERTIES INC reported Diluted EPS of $3.93 per share for fiscal year 2025.
  • INNOVATIVE INDUSTRIAL PROPERTIES INC showed a decrease of -28.8% in Diluted EPS compared to the prior fiscal year.
  • INNOVATIVE INDUSTRIAL PROPERTIES INC reported Total Assets of $2.37 billion for fiscal year 2025.
  • INNOVATIVE INDUSTRIAL PROPERTIES INC showed a decrease of -0.3% in Total Assets compared to the prior fiscal year.
  • INNOVATIVE INDUSTRIAL PROPERTIES INC reported Cash and Equivalents of $47.60 million for fiscal year 2025.
  • INNOVATIVE INDUSTRIAL PROPERTIES INC showed a decrease of -67.5% in Cash and Equivalents compared to the prior fiscal year.
  • INNOVATIVE INDUSTRIAL PROPERTIES INC reported Stockholders Equity of $1.85 billion for fiscal year 2025.
  • INNOVATIVE INDUSTRIAL PROPERTIES INC showed a decrease of -4.5% in Stockholders Equity compared to the prior fiscal year.
  • INNOVATIVE INDUSTRIAL PROPERTIES INC reported Operating Income of $124.12 million for fiscal year 2025.
  • INNOVATIVE INDUSTRIAL PROPERTIES INC showed a decrease of -26.3% in Operating Income compared to the prior fiscal year.
  • INNOVATIVE INDUSTRIAL PROPERTIES INC reported Shares Outstanding of 28.02 million shares for fiscal year 2025.
  • INNOVATIVE INDUSTRIAL PROPERTIES INC showed a decrease of -1.1% in Shares Outstanding compared to the prior fiscal year.
  • All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.

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