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Total Revenue at other companies

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$671.02M-11.5%
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$41.17M+15.0%
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Chicago Atlantic Real Estate FinanceREFI

Segments

By segment

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Cannabis Portfolio Segment:$69M-3.8%

Other financials

Income statement

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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 total revenue?
Innovative Industrial Properties, Inc. (IIPR) reported total revenue of $69M in Q1 2026.
How has Innovative Industrial Properties, Inc.'s total revenue changed year-over-year?
Innovative Industrial Properties, Inc.'s total revenue decreased by 3.8% year-over-year, from $71.72M to $69M.
What is the long-term trend for Innovative Industrial Properties, Inc.'s total revenue?
Over 4 years (2021 to 2025), Innovative Industrial Properties, Inc.'s total revenue has grown at a 6.8% compound annual growth rate (CAGR), from $204.55M to $265.96M.
What does total revenue mean?
The aggregate of all revenue from the company's operations — the top line from which all profitability metrics are derived.

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