Income Statement - INNOVATIVE INDUSTRIAL PROPERTIES INC (IIPR)
$(Billion, Million)| Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 | Dec-15 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 265.96 | 308.52 | 309.51 | 276.36 | 204.55 | 116.90 | 44.67 | 14.79 | 6.42 | 0.32 | 5.63 |
| Cost of revenue | 30.18 | 28.47 | 24.89 | 10.52 | 4.44 | 4.95 | 1.32 | 0.45 | 0.12 | 0.09 | 0.00 |
| Gross profit | 235.78 | 280.05 | 284.61 | 265.84 | 200.11 | 111.94 | 43.35 | 14.34 | 6.30 | 0.23 | 5.63 |
| Total operating expenses | 111.66 | 111.70 | 110.03 | 96.22 | 64.74 | 42.21 | 18.42 | 9.00 | 6.41 | 0.92 | 0.64 |
| Operating income | 124.12 | 168.35 | 174.59 | 169.62 | 135.37 | 69.74 | 24.94 | 5.34 | -0.22 | -4.39 | 4.99 |
| Non-operating income (net) | -9.69 | -6.69 | -9.00 | -15.23 | -21.38 | -4.01 | -1.46 | 1.65 | 0.15 | 0.00 | 0.00 |
| Income before tax | 114.44 | 161.65 | 165.59 | 154.39 | 113.99 | 65.73 | 23.48 | 6.99 | -0.07 | -4.39 | 4.99 |
| Income tax expense | -1.80 | 1.48 | -3.48 | 18.09 | 7.43 | 6.31 | -3.29 | -0.08 | 7.41 | 0.00 | |
| Net income | 114.44 | 161.66 | 165.59 | 154.39 | 113.99 | 65.73 | 23.48 | 6.99 | -0.07 | -4.39 | 4.99 |
Show Quarterly Income Statement
Income Statement - INNOVATIVE INDUSTRIAL PROPERTIES INC (IIPR)
$(Billion, Million)| Mar-26 | Dec-25 | Sep-25 | Jun-25 | Mar-25 | Dec-24 | Sep-24 | Jun-24 | Mar-24 | Dec-23 | Sep-23 | Jun-23 | Mar-23 | Dec-22 | Sep-22 | Jun-22 | Mar-22 | Dec-21 | Sep-21 | Jun-21 | Mar-21 | Dec-20 | Sep-20 | Jun-20 | Mar-20 | Dec-19 | Sep-19 | Jun-19 | Mar-19 | Dec-18 | Sep-18 | Jun-18 | Mar-18 | Dec-17 | Sep-17 | Jun-17 | Mar-17 | Dec-16 | Sep-16 | Mar-16 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 69.00 | 66.66 | 64.69 | 62.89 | 71.72 | 76.74 | 76.53 | 79.79 | 75.45 | 79.16 | 77.83 | 76.46 | 76.07 | 70.46 | 70.88 | 70.51 | 64.50 | 58.94 | 53.86 | 48.87 | 42.89 | 37.09 | 34.33 | 24.35 | 21.13 | 17.67 | 11.56 | 8.62 | 6.82 | 4.78 | 3.93 | 3.31 | 2.76 | 2.28 | 1.56 | 1.29 | 1.33 | 0.32 | 0.32 | |
| Cost of revenue | 44.74 | 45.06 | 7.95 | 6.87 | 7.38 | 7.61 | 7.30 | 6.86 | 6.71 | 7.19 | 6.32 | 5.76 | 5.62 | 3.29 | 2.82 | 2.43 | 1.98 | 1.83 | 1.37 | 0.48 | 0.77 | 1.02 | 2.92 | 0.41 | 0.60 | 0.37 | 0.36 | 0.34 | 0.25 | 0.08 | 0.21 | 0.07 | 0.09 | 0.05 | 0.06 | 0.18 | 0.16 | 0.09 | 0.09 | |
| Gross profit | 24.25 | 21.60 | 56.73 | 56.02 | 64.34 | 69.14 | 69.23 | 72.93 | 68.75 | 71.96 | 71.51 | 70.70 | 70.44 | 67.17 | 68.06 | 68.08 | 62.52 | 57.12 | 52.49 | 48.39 | 42.12 | 36.07 | 31.41 | 23.93 | 20.53 | 17.30 | 11.20 | 8.28 | 6.58 | 4.70 | 3.72 | 3.25 | 2.68 | 2.23 | 1.50 | 1.29 | 1.33 | 0.23 | 0.23 | |
| Total operating expenses | -8.24 | -10.57 | 27.32 | 27.13 | 30.38 | 27.13 | 27.27 | 30.58 | 26.71 | 28.01 | 27.66 | 27.27 | 27.09 | 22.93 | 26.70 | 23.94 | 22.65 | 18.66 | 16.20 | 15.45 | 14.44 | 13.21 | 10.99 | 9.76 | 8.25 | 6.70 | 4.38 | 4.21 | 3.14 | 2.90 | 2.15 | 2.01 | 1.95 | 1.66 | 1.20 | 1.64 | 1.92 | 0.92 | 0.20 | 0.92 |
| Operating income | 32.49 | 32.17 | 29.41 | 28.90 | 33.96 | 42.01 | 41.96 | 42.35 | 42.03 | 43.96 | 43.85 | 43.42 | 43.36 | 44.24 | 41.36 | 44.14 | 39.88 | 38.46 | 36.29 | 32.94 | 27.68 | 22.86 | 20.42 | 14.18 | 12.28 | 10.60 | 6.82 | 4.07 | 3.44 | 1.81 | 1.57 | 1.24 | 0.72 | 0.57 | 0.30 | -0.47 | -0.59 | -0.69 | -0.20 | -4.19 |
| Non-operating income (net) | 0.32 | -0.33 | -0.11 | -2.87 | -2.89 | -1.99 | -1.74 | -0.35 | -2.61 | -2.32 | -2.26 | -2.16 | -2.27 | -2.73 | -3.74 | -3.93 | -4.83 | -9.83 | -6.20 | -3.60 | -1.75 | -1.53 | -1.21 | -0.87 | -0.41 | -0.70 | -0.30 | -0.66 | 0.20 | 0.86 | 0.26 | 0.31 | 0.22 | 0.03 | 0.04 | 0.04 | 0.00 | -3.51 | 0.00 | 0.00 |
| Income before tax | 32.81 | 31.84 | 29.31 | 26.02 | 31.08 | 40.02 | 40.22 | 41.99 | 39.43 | 41.63 | 41.59 | 41.27 | 41.09 | 41.51 | 37.62 | 40.21 | 35.05 | 28.63 | 30.09 | 29.34 | 25.93 | 21.33 | 19.22 | 13.31 | 11.87 | 9.90 | 6.52 | 3.41 | 3.64 | 2.67 | 1.83 | 1.54 | 0.95 | 0.61 | 0.33 | -0.42 | -0.59 | -4.19 | -0.20 | -4.19 |
| Income tax expense | -1.11 | 0.57 | 0.54 | -3.69 | 1.74 | 1.98 | -0.02 | -3.60 | 3.74 | 0.01 | 0.12 | 9.83 | 6.20 | 3.60 | 1.75 | 1.53 | 1.21 | 0.87 | 0.41 | 0.70 | 0.30 | 0.66 | -0.20 | -1.72 | -0.52 | -0.61 | -0.44 | -0.03 | -0.04 | 0.18 | 0.04 | 3.63 | 7.01 | |||||||
| Net income | 32.81 | 31.84 | 29.31 | 26.02 | 31.08 | 40.03 | 40.22 | 41.99 | 39.43 | 41.63 | 41.59 | 41.27 | 41.09 | 41.51 | 37.62 | 40.21 | 35.05 | 28.63 | 30.09 | 29.34 | 25.93 | 21.33 | 19.22 | 13.31 | 11.87 | 9.42 | 6.07 | 2.99 | 3.24 | 2.28 | 1.44 | 1.17 | 0.95 | 0.58 | 0.32 | -0.42 | -0.59 | -4.19 | -0.20 | -4.19 |