State Ledger
Company profile

INNOVATIVE INDUSTRIAL PROPERTIES INC CIK 1677576

Tickers
IIPR (NYSE) · IIPR-PA (NYSE)
Industry
Real Estate
Headquarters
Park City, UT 84098
Fiscal year end
2025 (FY)
Market Data
Close
$51.47
Change
-$0.11
Change %
-0.20%
Volume
28,815

IIPR · trading date Oct 14, 2026 · previous close $51.57 · source: Alpaca (IEX feed, not consolidated full-market data).

Key Financials
Revenue
$265.96M
Net income
$118.25M
Total assets
$2.37B
Total liabilities
$522.85M
Stockholders' equity
$1.85B
Cash & equivalents
$47.60M
Operating income
$124.12M
Operating cash flow
$198.19M
Capital expenditures
—

Fiscal year 2025, via 10-K filed 2026-02-24. A dash means this figure wasn't reported in the source filing under a field State Ledger recognizes - not that the value is zero.

Financial Performance
Operating margin
46.7%
Net margin
44.5%
Free cash flow
—
Free cash flow margin
—
Liabilities / assets
22.1%
Equity / assets
77.9%
CapEx / revenue
—
Operating cash flow / net income
1.68×

Derived from the fiscal year 2025 figures above. These metrics are mathematical calculations and do not represent a rating or assessment of the company.

Financial History
Fiscal yearRevenueNet incomeAssetsLiabilitiesEquity
2025 $265.96M $118.25M $2.37B $522.85M $1.85B
2024 $308.52M $161.66M $2.38B $441.99M $1.94B
2023 $309.51M $165.59M $2.39B $438.12M $1.95B
2022 $276.36M $154.39M $2.41B $452.94M $1.96B
2021 $204.55M $113.99M $2.08B $472.90M $1.61B
Company Details
SIC code
6500
Active filer
Yes
Most recent SEC filing
Form 4
2026-09-17
Financials filed via
Form 10-K
filed 2026-02-24

"Most recent SEC filing" may differ from the filing used for the financial figures above.

Location
Park City, UT 84098
1389 CENTER DRIVE
Data & Methodology

SEC EDGAR submissions API (identity, collected Sep 19, 2026, 15:11 UTC) and SEC XBRL Company Facts API (financials, collected Sep 26, 2026, 15:59 UTC) · figures as originally filed, not restated · a dash always means a value wasn't reported, never a real zero.

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