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Innovative Industrial Properties, Inc. IIPR Total Operating Expenses

Total Operating Expenses at other companies

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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$1.72B+25.7%
P/E14.3×+4.4×
P/S6.5×+1.8×

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:OperatingExpenses.

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
General and administrative expense10,3498,461
Depreciation and amortization expense18,58418,391
Impairment loss on real estate—3,527
Total expenses36,50937,758
Gain (loss) on sale of real estate422—
Income from operations32,90933,964
Interest and other income6,3311,613
Interest expense(6,431)(4,500)

Item 1. Financial Statements (Unaudited)

FAQ

What is Innovative Industrial Properties, Inc.'s total operating expenses?
Innovative Industrial Properties, Inc. (IIPR) reported total operating expenses of $36.51M in Q1 2026.
How has Innovative Industrial Properties, Inc.'s total operating expenses changed year-over-year?
Innovative Industrial Properties, Inc.'s total operating expenses decreased by 3.3% year-over-year, from $37.76M to $36.51M.
What is the long-term trend for Innovative Industrial Properties, Inc.'s total operating expenses?
Over 4 years (2021 to 2025), Innovative Industrial Properties, Inc.'s total operating expenses has grown at a 19.6% compound annual growth rate (CAGR), from $69.18M to $141.51M.
What does total operating expenses mean?
The sum of all operating costs including COGS, SG&A, R&D, D&A, and other operating charges. Revenue minus total operating expenses equals operating income.

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