IIPR Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 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	89.12	47.6	146.25	140.25	87.12	81.1
Cash & Short-Term Investments	89.12	47.6	146.25	140.25	87.12	81.1
Cash Growth	-30.38%	-67.45%	4.28%	60.98%	7.43%	-35.64%
Accounts Receivable	22.8	22.8	22.8	22	18.02	12.92
Restricted Cash	-	-	-	1.45	1.45	5.32
Total Current Assets	111.92	70.4	169.05	163.7	106.59	99.34
Net Property, Plant & Equipment	2,094	2,114	2,170	2,167	2,068	1,641
Other Intangible Assets	6.16	6.37	7.39	8.25	9.11	9.15
Long-Term Investments	153.98	152.67	5	21.95	200.94	324.89
Other Long-Term Assets	28.17	27.47	26.89	30.02	30.18	10
Total Assets	2,394	2,371	2,378	2,391	2,415	2,085
Accounts Payable	14.7	10.87	10.56	11.41	10.62	7.72
Short-Term Debt	75	102.5	-	-	-	-
Unearned Revenue	50.06	50.31	57.18	59.36	58.72	52.81
Other Current Liabilities	57.95	57.88	65.05	61.42	80.22	85.12
Total Current Liabilities	197.71	221.55	132.78	132.18	149.55	145.64
Long-Term Debt	290.98	290.6	297.87	300.88	301.5	326.09
Other Long-Term Liabilities	10.75	10.7	11.34	5.06	1.9	1.17
Total Long-Term Liabilities	301.73	301.3	309.2	305.94	303.4	327.26
Total Liabilities	499.44	522.85	441.99	438.12	452.94	472.9
Preferred Stock	108.08	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	2,124	2,113	2,124	2,096	2,065	1,673
Retained Earnings	-337.28	-312.99	-211.71	-156.85	-117.39	-75.22
Shareholders' Equity	1,895	1,848	1,936	1,953	1,962	1,612
Total Liabilities & Equity	2,394	2,371	2,378	2,391	2,415	2,085
Total Debt	365.98	393.1	297.87	300.88	301.5	326.09
Net Cash (Debt)	-276.86	-345.51	-151.62	-160.63	-214.37	-245
Net Cash Per Share	-9.77	-12.18	-5.31	-5.68	-7.75	-9.33
Book Value	1,895	1,848	1,936	1,953	1,962	1,612
Book Value Per Share	66.83	65.12	67.86	69.12	70.92	61.37
Tangible Book Value	1,888	1,842	1,929	1,945	1,953	1,603
Tangible Book Value Per Share	66.61	64.90	67.60	68.83	70.59	61.02

Updated May 5, 2026. Data Source: Fiscal.ai. Real Estate template. Financial Sources.

SEC Filings: 10-K · 10-Q