Q3 FY2026 · ended Sep 30, 2026 · Revenue $64.92M, +0.4% YoY · Filed Nov 3, 2026
Innovative Industrial Properties, Inc. (IIPR) files with the SEC under industry code 6500, Real Estate. In Q3 of fiscal 2026, the quarter ended Sep 30, 2026, it reported revenue of $64.9 million and net income of $31.9 million. As of Sep 30, 2026 it held $142.4 million in cash and investments and $696.0 million in total debt.
Revenue
$64.92M
+0.4% vs year-ago quarter
Net income
$31.89M
+8.8% vs year-ago quarter
Operating cash flow
$49.45M
+8.5% vs year-ago quarter
Free cash flow
—
EPS
$0.99
+2.1% vs year-ago quarter
Dividend per share
$1.90
+0.0% vs year-ago quarter
Shares outstanding
27.57M
-1.6% vs year-ago quarter
Net cash
$-553.61M
Q3 FY2026
Operating margin
51.4%
TTM
Company profile
- Industry
- Real Estate (SIC 6500)
- Listed as
- IIPR (NYSE), IIPR-PA (NYSE), IIPR-PB (NYSE)
- Fiscal year ends
- December 31
- Headquarters
- Park City, UT
- SEC filer status
- Large accelerated filer
- SEC CIK
- 1677576
Other Real Estate companies
Key figures
Fiscal-year totals from the annual reports; switch to Annual for the full-year view. Balance sheet lines are as of each year end.
| Line | Q3 FY2026 Sep 30, 2026 |
Q2 FY2026 Jun 30, 2026 |
Q1 FY2026 Mar 31, 2026 |
Q4 FY2025 Dec 31, 2025 |
Q3 FY2025 Sep 30, 2025 |
|---|---|---|---|---|---|
| Revenue | $64.9M | $63.3M | $69.0M | $66.7M | $64.7M |
| Operating income | $29.4M | $41.4M | $32.9M | $31.8M | $29.4M |
| Net income | $31.9M | $43.9M | $32.8M | $31.8M | $29.3M |
| Diluted EPS | $0.99 | $1.36 | $1.02 | $1.08 | $0.97 |
| Operating cash flow | $49.5M | $44.9M | $56.0M | $49.9M | $45.6M |
| Total assets | $2.7B | $2.6B | $2.4B | $2.4B | $2.3B |
| Total liabilities | $820.2M | $730.0M | $499.4M | $522.9M | $474.6M |
| Stockholders' equity | $1.8B | $1.9B | $1.9B | $1.8B | $1.9B |
| Cash and investments | $142.4M | $204.7M | $89.1M | $47.6M | $41.9M |
| Total debt | $696.0M | — | — | $393.7M | $692,000 |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 10-Q | Quarterly report | Nov 3, 2026 | Sep 30, 2026 |
| 8-K |
Current report
Results of operations, Regulation FD disclosure
|
Nov 2, 2026 | Nov 2, 2026 |
| 8-K |
Current report
Material agreement, New debt
|
Oct 27, 2026 | Oct 21, 2026 |
| 8-K |
Current report
Material agreement, Change to shareholder rights, Bylaw or fiscal year change
|
Oct 14, 2026 | Oct 8, 2026 |
| 8-K |
Current report
Material agreement, Regulation FD disclosure
|
Oct 1, 2026 | Sep 28, 2026 |
| 8-K |
Current report
Bylaw or fiscal year change
|
Sep 25, 2026 | Sep 25, 2026 |
All 592 Innovative Industrial Properties, Inc. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.