Company / Net Income
Innovative Industrial Properties, Inc. Net Income History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Net Income
$118.2M
FY2025
5-year range
$23.5M / $165.6M
FY2021-FY2025
Trend
-26.9%
vs FY2024
Sector context
#73 of 143
Real Estate
What the data says
At $118M, Innovative Industrial Properties, Inc.'s net income ranks #73 of 143 in the Real Estate sector. Declined from $166M to $118M over the past 2 years.
Based on SEC 10-K filings.
$118M in FY2025 with a 5-year CAGR of +76.1%.
Declined from $166M to $118M over the past 2 years.
Real Estate sector context is included.
Net Income over time
Growth rates
- 3-Year CAGR
- +21.6%
- 5-Year CAGR
- +76.1%
- 10-Year CAGR
- -
Sector benchmark
#73 of 143 in Real EstateTop 51% of 143This company $118.2M Sector average $283.9M
▼
-58.4% below sector average
Key checks
Key Insights
- 5-year CAGR of +76.1%, indicating consistent growth.
- In FY2025, net income decreased 26.9% year-over-year.
- Ranks #73 out of 143 companies in the Real Estate sector.
- Peak net income was recorded in FY2023.
Company context
Key Data Points
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Net IncomeValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $118.2M | -26.9% |
| FY2024 | $161.7M | -2.4% |
| FY2023 | $165.6M | +151.9% |
| FY2022 | $65.7M | +180.0% |
| FY2021 | $23.5M | +236.1% |
| FY2020 | $7.0M | +9801.4% |
| FY2019 | -$72.0K | +0.0% |
| FY2018 | -$72.0K | +0.0% |
| FY2017 | -$72.0K | +98.4% |
| FY2016 | -$4.4M | - |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026