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Innovative Industrial Properties, Inc. IIPR Cannabis Portfolio Segment: — Revenue

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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$1.69B+17.0%
P/E14.1×+3.6×
P/S6.4×+1.4×

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:Revenues.

The source filing: Innovative Industrial Properties, Inc.’s 10-Q, filed May 5, 2026.

Filed
May 5, 2026, 4:11 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001677576-26-000002
Line itemFor the Three Months Ended March 31, 2026For the Three Months Ended March 31, 2025
Revenues:
Rental (including tenant reimbursements)$68,920$71,697
Other7625
Total revenues68,99671,722
Expenses:
Property expenses7,5767,379
General and administrative expense10,3498,461
Depreciation and amortization expense18,58418,391

Item 1. Financial Statements (Unaudited)

FAQ

What is Innovative Industrial Properties, Inc.'s cannabis portfolio segment: — revenue?
Innovative Industrial Properties, Inc. (IIPR) reported cannabis portfolio segment: — revenue of $69M in Q1 2026.
How has Innovative Industrial Properties, Inc.'s cannabis portfolio segment: — revenue changed year-over-year?
Innovative Industrial Properties, Inc.'s cannabis portfolio segment: — revenue decreased by 3.8% year-over-year, from $71.72M to $69M.
What does cannabis portfolio segment: — revenue mean?
The total gross revenue generated by the cannabis portfolio segment, encompassing all rental income, tenant reimbursements, and other ancillary income sources. It provides a comprehensive view of the top-line performance for the company's core business segment.

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