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Innovative Industrial Properties, Inc. IIPR Net Income

Net Income at other companies

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$361.65M+4,146%
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$4.84M-51.8%
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$23.59M+14.1%
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$40.1M+17.4%
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First Industrial Realty TrustFR
$143.1M+197%

Segments

By segment

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Cannabis Portfolio Segment:$43.7M+1.6%
Life Science Portfolio Segment:$5.54M—

Other financials

Income statement

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Revenue$69.0M-3.8%
Operating income$32.9M-3.1%
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$1.76B-7.9%
P/E14.7×+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 / equity0×-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 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 net income?
Innovative Industrial Properties, Inc. (IIPR) reported net income of $32.81M in Q1 2026.
How has Innovative Industrial Properties, Inc.'s net income changed year-over-year?
Innovative Industrial Properties, Inc.'s net income increased by 5.6% year-over-year, from $31.08M to $32.81M.
What is the long-term trend for Innovative Industrial Properties, Inc.'s net income?
Over 4 years (2021 to 2025), Innovative Industrial Properties, Inc.'s net income has grown at a 0.9% compound annual growth rate (CAGR), from $113.99M to $118.25M.
What does net income mean?
The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.