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Innovative Industrial Properties Inc (IIPR) Annual Income Statement

Annual · GAAP · USD millions
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By examining income statement figures across successive periods, users can identify shifts in Innovative Industrial Properties Inc's profitability and expense structure.
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Annual Report, GAAP in USD millions
ITEM 		(Dec 31 2025)
2025 		(Dec 31 2024) (Dec 31 2023) (Dec 31 2022) (Dec 31 2021)
Revenues
Service Revenue265.49
Total Revenue265.96
Costs & Expenses
Gross Profit0.00
Selling, Administration, Marketing33.74
Depreciation & Amortization74.07
Impairment of Real Estate3.53
Other Operating Expense / -Income0.33
Total operating costs including COS141.83
Operating income / -loss124.12
Interest Expense0.00
Interest Income-14.32
Net Interest (-)Expense / Income14.32
Other loss / -income0.00
Total costs & expenses147.71
Income & Taxes
Income / -loss before income taxes118.25
Income after income taxes118.25
Income / -loss from continuing operations118.25
Preferred dividends-3.81
Net income / -loss118.25
Income / -loss to shareholder114.44
EBIT103.93
EBITD178.00
EBITDA179.99
Earnings Per Share
Basic EPS (excl. extra items)3.98
Basic Net EPS3.98
Basic shares outstanding (Mill. of Units)28.01
Diluted Net EPS3.93
Diluted average shares (Mill. of Units)28.38
Dividend per share0.00
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About Innovative Industrial Properties Inc Annual Income Statement

What this statement shows

This page presents issuer-reported income statement data, detailing revenue, operating costs, expenses, and earnings as disclosed in SEC 10-K filings and standardized by CSIMarket. The income statement reflects operating performance over a reporting period rather than financial position at a single date.

Revenue and expense treatment

Revenue and expense items are aligned to support period-to-period comparability. Operating and non-operating items, interest, and income taxes are classified based on issuer disclosures and XBRL tagging.

Source & verification

  • Source: SEC 10-K filings
  • Filed with the SEC: February 24, 2026
  • Original filing: iipr-20251231.htm

Income statement figures represent operating results for each reporting period and may be revised in subsequent filings.