IIPR
Innovative Industrial Properties IncSubstantial doubt about the company's ability to continue as a going concern.
“Accordingly, management has concluded that there is substantial doubt about the Company's ability to continue as a going concern within one year following the date of issuance of these consolidated financial statements.”View the 10-Q filed May 5, 2026
Income-statement, balance-sheet and cash-flow figures extracted from the company's SEC filings — 10-K annual and 10-Q quarterly reports — and standardised for comparison across periods.
Chart any reported metric, KPI or segment over time — the full statement history lives here
| Line Item | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| $263.23M | $265.96M | $308.52M | $309.51M | $276.36M | $204.55M | $116.9M | $44.67M | $14.79M | $6.42M | $321K | |
| $262.71M | $265.49M | $306.94M | $307.35M | $274.38M | $204.55M | $116.9M | $44.67M | $14.34M | $6.3M | $180K | |
| — | — | — | — | — | — | — | — | — | — | $87K | |
| $35.62M | $33.74M | $37.44M | $42.83M | $38.52M | $22.96M | $14.18M | $9.82M | $6.38M | $5.5M | $770K | |
| — | — | — | — | — | $33K | — | — | — | — | — | |
| $74.26M | $74.07M | $70.81M | $67.19M | $61.3M | $41.78M | $28.03M | $8.6M | $2.63M | $915K | — | |
| $0 | $3.53M | — | — | — | — | — | — | — | — | — | |
| $140.26M | $141.51M | $136.72M | $134.92M | $110.34M | $69.18M | $47.16M | $19.73M | $9.45M | $6.64M | $4.71M | |
| $123.07M | $124.12M | $168.35M | $174.59M | $169.62M | $135.37M | $69.74M | $24.94M | $5.34M | -$223K | — | |
| — | 46.67% | 54.57% | 56.41% | 61.38% | 66.18% | 59.66% | 55.82% | 36.1% | -3.47% | — | |
| $197.33M | $198.19M | $239.15M | $241.78M | $230.92M | $177.15M | $97.76M | $33.53M | $7.97M | $692K | — | |
| $22.13M | $20.2M | $17.67M | $17.47M | $18.3M | $18.09M | $7.43M | $6.31M | — | — | — | |
| $8.42M | — | $10.99M | — | — | — | — | — | — | $151K | — | |
| $119.98M | $118.25M | $161.66M | $165.59M | $154.39M | $113.99M | $65.73M | $23.48M | $6.99M | -$72K | -$4.39M | |
| — | 44.46% | 52.4% | 53.5% | 55.86% | 55.73% | 56.23% | 52.56% | 47.24% | -1.12% | -1368.22% | |
| $114.29M | $114.44M | $159.86M | $164.24M | $153.03M | $112.64M | $64.38M | $22.12M | $5.63M | -$395K | — | |
| USD/shares | — | $3.98 | $5.58 | $5.82 | $5.57 | $4.69 | $3.28 | $2.06 | $0.76 | — | — |
| USD/shares | — | $3.93 | $5.52 | $5.77 | $5.52 | $4.55 | $3.27 | $2.03 | $0.75 | — | — |
| shares | — | 28.01M | 28.23M | 27.98M | 27.35M | 23.9M | 19.44M | 10.55M | 7.14M | 3.38M | 962.78K |
| shares | — | 28.38M | 28.53M | 28.26M | 27.66M | 26.26M | 19.56M | 10.68M | 7.29M | 3.38M | 962.78K |
Capital Returned to Shareholders
Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2016–FY2025: $20.11M in buybacks, $959.13M in dividends.
Price & Valuation
Multiples computed on the strict TTM/EV methodology — today's snapshot against the industry, and each ratio recomputed as of past filing dates.
Valuation
Valuation over time computed as of each quarter's filing date
Revenue Breakdown
Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.
Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.
By Segment (USD)
| Component | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cannabis Portfolio | $265,955,000 | $308,517,000 | $309,506,000 |