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Innovative Industrial Properties Inc revenue

Innovative Industrial Properties Inc's revenue was $266m in fiscal 2025, down 13.8% on the year before. Since fiscal 2017 ($6.4m) it has grown at a compound 59.3% a year. Over the last twelve months it was $264m.

Revenue history

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year2017Dec 20172018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMJun 2026
Revenue61545117205276310309266264
Growth on the year before—+130.3%+202.1%+161.7%+75.0%+35.1%+12.0%−0.3%−13.8%—

Revenue as reported in the company's 10-K and 10-Q filings (for banks, net interest income plus non-interest income). Growth is left blank when the earlier figure was zero or negative.

Revenue against peers

Other Specialized REITs: the closest covered companies by revenue. Last twelve months.

CompanyRevenueGrowth3-year growth a year
Innovative Industrial Properties Inc $264m -8.4% -3.6%
EPR Properties $764m 7.3% 2.4%
Farmland Partners Inc. $50.0m -5.6% -4.7%
Outfront Media Inc. $1.93bn 7.6% 2.2%
Lamar Advertising Co $2.33bn 4.4% 3.9%
Iron Mountain $7.56bn 17.4% 13.0%

Compare with peers

Head to head: EPR vs IIPRFPI vs IIPRIIPR vs OUT

More: Other Specialized REITs stocks compared, Real Estate sector, rankings of US companies

Figures from Innovative Industrial Properties Inc's SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Innovative Industrial Properties Inc.