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Innovative Industrial Properties, Inc. (IIPR)
NYSE: IIPR · Real-Time Price · USD
51.61
-2.01 (-3.75%)
At close: Mar 20, 2026, 4:00 PM EDT
52.07
+0.46 (0.89%)
After-hours: Mar 20, 2026, 7:00 PM EDT

IIPR Operating Metrics

Period EndingDec 31, 2025Sep 30, 2025Jun 30, 2025Mar 31, 2025Dec 31, 2024Sep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022Mar 31, 2022Dec 31, 2021Sep 30, 2021Jun 30, 2021Mar 31, 2021Dec 31, 2020Sep 30, 2020Jun 30, 2020Mar 31, 2020Dec 31, 2019Sep 30, 2019
Rentable Space
8.90M9.00M8.97M8.55M9.00M8.51M8.31M8.17M
Rentable Space Growth
-1.11%5.80%8.04%4.64%10.13%4.41%2.09%0.45%

FFO and AFFO

Period EndingDec 31, 2025Sep 30, 2025Jun 30, 2025Mar 31, 2025Dec 31, 2024Sep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022Mar 31, 2022Dec 31, 2021Sep 30, 2021Jun 30, 2021Mar 31, 2021Dec 31, 2020Sep 30, 2020Jun 30, 2020Mar 31, 2020Dec 31, 2019Sep 30, 2019Jun 30, 2019Mar 31, 2019Dec 31, 2018Sep 30, 2018Jun 30, 2018Mar 31, 2018Dec 31, 2017
Adjusted Funds from Operations
205.41M215.44M231.38M248.48M256.15M257.08M257.60M256.10M
Adjusted Funds from Operations Growth
-19.81%-16.20%-10.18%-2.98%-0.14%2.10%4.25%5.27%
Funds from Operations
192.36M200.49M211.16M226.19M230.37M232.43M233.98M233.00M
Funds from Operations Growth
-16.50%-13.74%-9.75%-2.92%-1.59%1.84%5.23%5.99%

Operating Expense Breakdown

Period EndingDec 31, 2025Sep 30, 2025Jun 30, 2025Mar 31, 2025Dec 31, 2024Sep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022Mar 31, 2022Dec 31, 2021Sep 30, 2021Jun 30, 2021Mar 31, 2021Dec 31, 2020Sep 30, 2020Jun 30, 2020Mar 31, 2020Dec 31, 2019
Depreciation and Amortization
74.07M73.77M73.08M72.05M70.81M69.67M68.40M67.63M
Depreciation and Amortization Growth
4.61%5.89%6.84%6.53%5.38%4.92%4.23%5.43%
General and Administrative
33.74M34.66M35.31M36.34M37.44M39.46M41.11M42.02M
General and Administrative Growth
-9.91%-12.17%-14.12%-13.51%-12.58%-6.39%-2.07%4.75%
Property
30.18M29.80M29.15M29.14M28.47M28.06M27.08M25.98M
Property Growth
5.99%6.21%7.62%12.18%14.38%33.70%54.82%83.45%
Source: Business metrics provided by Main Street Data and sourced from official company press releases and documents.