INNOVATIVE INDUSTRIAL PROPERTIES, INC. — Earnings
Most recent reported period: FY2025 (Q4) (filed for period ending 2025-12-31) · sourced from SEC EDGAR
Next earnings (estimated): Wed, April 1, 2026 — 32 days overdue (likely already filed but EDGAR cache cold). Anchored to latest quarter-end + 91 days. Analyst-confirmed dates land in a follow-up wave.
YoY = vs same quarter prior year (seasonality-adjusted)
Recent earnings · last 8 quarters
| Quarter end | Revenue | YoY | Net Income | YoY | Op. Margin |
|---|---|---|---|---|---|
| 2025-12-31 | $67M | ↓-13.1% | $32M | ↓-20.4% | 47.8% |
| 2025-09-30 | $65M | ↓-15.5% | $29M | ↓-27.1% | 45.5% |
| 2025-06-30 | $63M | ↓-21.2% | $26M | ↓-38.0% | 45.9% |
| 2025-03-31 | $72M | ↓-4.9% | $31M | ↓-21.2% | 47.4% |
| 2024-12-31 | $77M | ↓-3.0% | $40M | ↓-3.9% | 54.7% |
| 2024-09-30 | $77M | ↓-1.7% | $40M | ↓-3.3% | 54.8% |
| 2024-06-30 | $80M | ↑+4.4% | $42M | ↑+1.8% | 53.1% |
| 2024-03-31 | $75M | ↓-0.8% | $39M | ↓-4.0% | 55.7% |
Analyst consensus estimates (EPS / Revenue) and implied move from options will land in a follow-up wave. For now, YoY-vs-prior-year-quarter is the surprise proxy.
Last earnings · FY2025 (Q4)
Revenue
$67M
↓-13.1% -$10M YoY
Net Income
$25M
↓-33.0% -$12M YoY
Earnings surprise · last 8 quarters
YoY % change · proxy for analyst surprise until estimates landEPS history · last 10 fiscal years
diluted, GAAP, annualNote: EPS reflects WEIGHTED-AVERAGE diluted shares for each fiscal year. Pre-stock- split values can blow up the early bars if SEC's XBRL data isn't split-adjusted — flagged as a known limitation; cumulative split-adjustment is a follow-up.
Go deeper
IIPR Sankey — flow of dollars
See how revenue waterfalls through every line item to net income for the latest reported quarter, with prior-period comparison.
Open SankeyIIPR Key Metrics — EPS, ROE, ROIC
10 CFA-grade fundamental ratios — EPS, BVPS, ROE, ROA, ROIC, Debt/Equity, Current Ratio. Compare across years.
Open Key Metrics