Innovative Industrial Properties, Inc. (IIPR)

NYSE: IIPR · Real-Time Price · USD

57.53

-0.19 (-0.33%)

At close: Aug 13, 2026, 4:00 PM EDT

59.25

+1.72 (2.99%)

After-hours: Aug 13, 2026, 7:56 PM EDT

IIPR Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	204.73	47.6	146.25	140.25	87.12	81.1
Cash & Short-Term Investments	204.73	47.6	146.25	140.25	87.12	81.1
Cash Growth	105.42%	-67.45%	4.28%	60.98%	7.43%	-35.64%
Accounts Receivable	71.8	22.8	22.8	22	18.02	12.92
Restricted Cash	2.9	-	-	1.45	1.45	5.32
Total Current Assets	279.44	70.4	169.05	163.7	106.59	99.34
Net Property, Plant & Equipment	1,996	2,114	2,170	2,167	2,068	1,641
Other Intangible Assets	5.52	6.37	7.39	8.25	9.11	9.15
Long-Term Investments	275.89	152.67	5	21.95	200.94	324.89
Other Long-Term Assets	24.31	27.47	26.89	30.02	30.18	10
Total Assets	2,582	2,371	2,378	2,391	2,415	2,085

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Accounts Payable	8.35	10.87	10.56	11.41	10.62	7.72
Short-Term Debt	92.5	102.5	-	-	-	-
Unearned Revenue	44.71	50.31	57.18	59.36	58.72	52.81
Other Current Liabilities	57.1	57.88	65.05	61.42	80.22	85.12
Total Current Liabilities	202.67	221.55	132.78	132.18	149.55	145.64
Long-Term Debt	516.53	290.6	297.87	300.88	301.5	326.09
Other Long-Term Liabilities	10.84	10.7	11.34	5.06	1.9	1.17
Total Long-Term Liabilities	527.38	301.3	309.2	305.94	303.4	327.26
Total Liabilities	730.04	522.85	441.99	438.12	452.94	472.9

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Preferred Stock	129	47.78	23.63	14.01	14.01	14.01
Common Stock	0.03	0.03	0.03	0.03	0.03	0.03
Additional Paid-in Capital	2,072	2,113	2,124	2,096	2,065	1,673
Retained Earnings	-349.74	-312.99	-211.71	-156.85	-117.39	-75.22
Shareholders' Equity	1,852	1,848	1,936	1,953	1,962	1,612
Total Liabilities & Equity	2,582	2,371	2,378	2,391	2,415	2,085

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Total Debt	609.03	393.1	297.87	300.88	301.5	326.09
Net Cash (Debt)	-404.3	-345.51	-151.62	-160.63	-214.37	-245
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-14.05	-12.18	-5.31	-5.68	-7.75	-9.33
Book Value	1,852	1,848	1,936	1,953	1,962	1,612
Book Value Per Share	64.37	65.12	67.86	69.12	70.92	61.37
Tangible Book Value	1,846	1,842	1,929	1,945	1,953	1,603
Tangible Book Value Per Share	64.17	64.90	67.60	68.83	70.59	61.02

SEC Filings: 10-K · 10-Q