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Reported August 3, 2026 · After market close

Revenue$63.3MMiss by $3.8M
EPS$1.36Beat by $0.34
Revenue estimate$67.1M
EPS estimate$1.02
Our second quarter activity reflects the continued execution of our strategy across multiple fronts by our management team. We completed the funding of our $270 million investment in IQHQ, generated meaningful leasing momentum across our portfolio and proactively strengthened our balance sheet through a series of successful capital markets transactions. With substantial liquidity, conservative leverage and demonstrated access to multiple sources of capital, we believe we are well positioned to pursue attractive, accretive growth opportunities to deliver long-term value to our shareholders.
Alan Gold

Next report

Nov 2, 2026 (in a month)
Revenue estimate$60.9M
EPS estimate$0.91

Valuation & ratios

Valuation

as of 09/17/26
See full
Market cap$1.54B-3.0%
P/E12.9×+1.3×
P/S5.9×+0.3×

FAQ

When did Innovative Industrial Properties, Inc. report Q2 2026 earnings?
Innovative Industrial Properties, Inc. (IIPR) reported Q2 2026 earnings on August 3, 2026 after market close.
What were Innovative Industrial Properties, Inc.'s Q2 2026 revenue and EPS?
Innovative Industrial Properties, Inc. reported revenue of $63.3M and eps of $1.36 for Q2 2026.
Did Innovative Industrial Properties, Inc. beat estimates in Q2 2026?
Revenue missed the consensus estimate of $67.1M by $3.8M. EPS beat the consensus estimate of $1.02 by $0.34.
How did Innovative Industrial Properties, Inc.'s Q2 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 0.7% from $62.9M a year earlier and eps declined 20.5% from $1.71.
Where can I find Innovative Industrial Properties, Inc.'s Q2 2026 SEC filings?
You can read the 8-K earnings release (0001677576-26-000003) and the 10-Q periodic report (0001677576-26-000004) directly on SEC EDGAR. The filing index links above go to sec.gov.