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Innovative Industrial Properties, Inc. IIPR Cannabis Portfolio Segment: — Rental revenues (including tenant reimbursements)

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Other financials

Income statement

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Revenue$69.0M-3.8%
Operating income$32.9M-3.1%
Net income$32.8M+5.6%
EPS (diluted)$1.02-1.0%

Balance sheet

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Cash & equivalents$89.1M-30.4%
Total debt$570.0K-99.8%
Total equity$1.9B-1.4%
Total assets$2.4B+1.8%

Cash flow

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Operating cash flow$56.0M+3.3%

Valuation

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Market cap$1.77B-7.9%
P/E14.8×+2.2×
P/S6.7×+0.4×

Profitability

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Operating margin46.8%-5.8pp
Net margin45.6%-4.7pp

Returns & leverage

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Return on equity6.3%-1.6pp
Debt / equity-0.1×

Where this comes from

Reported directly by Innovative Industrial Properties, Inc. in its filing.

Tagged under the XBRL concept us-gaap:OperatingLeaseLeaseIncome.

The official record: Innovative Industrial Properties, Inc.’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Innovative Industrial Properties, Inc.'s cannabis portfolio segment: — rental revenues (including tenant reimbursements)?
Innovative Industrial Properties, Inc. (IIPR) reported cannabis portfolio segment: — rental revenues (including tenant reimbursements) of $68.92M in Q1 2026.
How has Innovative Industrial Properties, Inc.'s cannabis portfolio segment: — rental revenues (including tenant reimbursements) changed year-over-year?
Innovative Industrial Properties, Inc.'s cannabis portfolio segment: — rental revenues (including tenant reimbursements) decreased by 3.9% year-over-year, from $71.7M to $68.92M.
What does cannabis portfolio segment: — rental revenues (including tenant reimbursements) mean?
Represents the total rental income generated from the leasing of specialized industrial properties to cannabis operators, including contractual base rent and reimbursements for property-related expenses. This metric serves as the primary indicator of the core operational performance and revenue-generating capacity of the company's real estate portfolio.