IIPR
Innovative Industrial Properties, Inc. trades as IIPR and has a market capitalization of $1.85 B, making it the #2206 largest US-listed company by market value. In its fiscal 2025 annual report the company posted revenue of $265.95M, down 13.8% from the prior year and net income of $118.25M. This page tracks Innovative Industrial Properties, Inc. through 560 SEC filings, with financial statements and metrics updated as new reports are filed.
Research snapshot
Updated
2026-07-11
Data parsed from SEC EDGAR XBRL filings. See the full market cap rankings.
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Over the last 8 fiscal years Innovative Industrial Properties, Inc.'s revenue grew from $6.42M to $265.95M, a compound annual growth rate of 59.3%. Net profit margin expanded from -1.1% to 44.5% over the same period - every figure below comes from the company's audited annual filings.
Dig into the full income statement, balance sheet, and cash flow statement with annual and quarterly views.
| Filing | Type | Filed |
|---|---|---|
| Prospectus supplement | 424B5 | 2026-05-22 |
| Major company event | 8-K | 2026-05-22 |
| Major company event | 8-K | 2026-05-20 |
| Major company event | 8-K | 2026-05-19 |
| Major company event | 8-K | 2026-05-06 |
| Quarterly report | 10-Q | 2026-05-05 |
| Major company event | 8-K | 2026-05-04 |
| SCHEDULE 13G | - | 2026-04-30 |
Innovative Industrial Properties, Inc. (IIP) (NYSE: IIPR) announced today it has fully repaid its outstanding $282 million of 5.50% Senior Notes Due May 2026, satisfying a significant public debt maturity for the Company. The repayment was completed through cash on hand, availability under the Company’s revolving credit facilities and proceeds from recently closed term loans.
Innovative Industrial Properties, Inc. (IIP) (NYSE: IIPR) announced today it has closed on four secured term loans totaling $44.9 million in gross proceeds (the “Loans”). The Loans have an initial term of five years, bear interest at a fixed rate of 6.67% and are secured by certain properties of the Company. The proceeds from the Loans are expected to be used to pay off the Company’s unsecured notes that are maturing at the end of this month.
Innovative Industrial Properties, Inc. (IIP) (NYSE: IIPR) announced today it has closed on a $56.5 million secured term loan (the “Loan”). The Loan has an initial term of three years, bears interest at the one-month Secured Overnight Financing Rate (SOFR) plus a spread of 500 basis points, is interest only and is secured by certain properties of the Company. The proceeds from the Loan are expected to be used to pay off the Company’s unsecured notes that are maturing at the end of this month.
_$128 Million of Equity and Debt Capital Raised Year-To-Date_
Innovative Industrial Properties, Inc. is a real estate investment trust (REIT) focused on the acquisition, ownership and management of specialized industrial properties and life science real estate. Additional information is available at www.innovativeindustrialproperties.com.
The largest companies sharing Innovative Industrial Properties, Inc.'s SEC industry classification (real estate).
Innovative Industrial Properties, Inc. (IIPR) has a market capitalization of $1.85 B as of 2026-07-11, ranking #2206 among US-listed companies.
Innovative Industrial Properties, Inc. reported revenue of $265.95M for fiscal year 2025, a decrease of 13.8% year over year.
Yes. Innovative Industrial Properties, Inc. reported net income of $118.25M in its latest fiscal year.