Quick Answer
INNOVATIVE INDUSTRIAL PROPERTIES INC reported Operating Income of $124.12 million for fiscal year 2025.
INNOVATIVE INDUSTRIAL PROPERTIES INC Operating Income — Annual History
| Fiscal Year | Operating Income | YoY Change |
|---|---|---|
| 2025 | $124.12M | -26.3% |
| 2024 | $168.34M | -3.6% |
| 2023 | $174.59M | +2.9% |
| 2022 | $169.62M | +25.3% |
| 2021 | $135.37M | +94.1% |
| 2020 | $69.74M | +179.7% |
| 2019 | $24.93M | +367.1% |
| 2018 | $5.34M | +2493.7% |
| 2017 | -$223.0K | — |
Quarterly Operating Income
| Quarter Ending | Operating Income | YoY | QoQ |
|---|---|---|---|
| September 30, 2025 | $29.41M | -29.9% | +1.8% |
| June 30, 2025 | $28.90M | -31.8% | -14.9% |
| March 31, 2025 | $33.96M | -19.2% | -19.1% |
| September 30, 2024 | $41.96M | -4.3% | -0.9% |
| June 30, 2024 | $42.35M | -2.5% | +0.7% |
| March 31, 2024 | $42.03M | -3.1% | -4.1% |
| September 30, 2023 | $43.85M | +6.0% | +1.0% |
| June 30, 2023 | $43.42M | -1.6% | +0.2% |
- INNOVATIVE INDUSTRIAL PROPERTIES INC showed a decrease of -26.3% in Operating Income compared to the prior fiscal year.
- Over the 2017–2025 period, INNOVATIVE INDUSTRIAL PROPERTIES INC’s operating income has grown by 55760.1% (from -$223.0 thousand to $124.12 million).
- The most recent figure is from INNOVATIVE INDUSTRIAL PROPERTIES INC’s fiscal year 2025 report (Form 10-K), filed with the SEC on February 24, 2026.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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