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Innovative Industrial Properties, Inc. IIPR Life Science Portfolio Segment: — Net Income

Other segment segments

Cannabis Portfolio Segment:
$43.7M+1.6%

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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:NetIncomeLoss.

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
Cannabis Portfolio Segment net income43,70043,025
Life Science Portfolio Segment:
Interest and other income5,544
Life Science Portfolio Segment net income5,544
Total reportable segment net income49,24443,025
Unallocated:
General and administrative expense(10,349)(8,461)
Interest and other income3451,013

Item 1. Financial Statements (Unaudited)

FAQ

What is Innovative Industrial Properties, Inc.'s life science portfolio segment: — net income?
Innovative Industrial Properties, Inc. (IIPR) reported life science portfolio segment: — net income of $5.54M in Q1 2026.
What does life science portfolio segment: — net income mean?
This metric measures the total profitability of the life science portfolio segment after accounting for all associated operating expenses, depreciation, and interest costs. It reflects the bottom-line financial performance of this specific asset class within the broader corporate structure. Investors use this to evaluate the segment's contribution to overall company earnings and its operational efficiency.

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