Innovative Industrial Properties, Inc. Revenue History
IIPR / Real Estate|9 years of SEC 10-K data (FY2017-FY2025)
$266M in FY2025 with a 5-year CAGR of +17.9%.
Declined from $310M to $266M over the past 2 years.
Innovative Industrial Properties, Inc.'s revenue of $266M is lower than 85% of companies in the Real Estate sector (FY2025). Declined from $310M to $266M over the past 2 years.
Based on SEC 10-K filings.
Key Data Points
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
- 3-Year CAGR
- -1.3%
- 5-Year CAGR
- +17.9%
- 10-Year CAGR
- -
Revenue Trend
Bottom 15% in Real EstateTop 85% of 130This company $266.0M Sector average $2.4B
▼
-88.7% below sector average
Key Insights
- 5-year CAGR of +17.9%, indicating consistent growth.
- In FY2025, revenue decreased 13.8% year-over-year.
- Ranks #110 out of 130 companies in the Real Estate sector.
- Peak revenue was recorded in FY2023.
Annual Data
| Year | Revenue | YoY Growth |
|---|---|---|
| FY2025 | $266.0M | -13.8% |
| FY2024 | $308.5M | -0.3% |
| FY2023 | $309.5M | +12.0% |
| FY2022 | $276.4M | +35.1% |
| FY2021 | $204.6M | +75.0% |
| FY2020 | $116.9M | +161.7% |
| FY2019 | $44.7M | +202.1% |
| FY2018 | $14.8M | +130.3% |
| FY2017 | $6.4M | - |
| FY2016 | - | - |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026