Company / Revenue
Innovative Industrial Properties, Inc. Revenue History
FY2017-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Revenue
$266.0M
FY2025
5-year range
$44.7M / $309.5M
FY2021-FY2025
Trend
-13.8%
vs FY2024
Sector context
#110 of 131
Real Estate
What the data says
Innovative Industrial Properties, Inc.'s revenue of $266M is lower than 84% of companies in the Real Estate sector (FY2025). Declined from $310M to $266M over the past 2 years.
Based on SEC 10-K filings.
$266M in FY2025 with a 5-year CAGR of +78.2%.
Declined from $310M to $266M over the past 2 years.
Real Estate sector context is included.
Revenue over time
Growth rates
- 3-Year CAGR
- +31.5%
- 5-Year CAGR
- +78.2%
- 10-Year CAGR
- -
Sector benchmark
Bottom 16% in Real EstateTop 84% of 131This company $266.0M Sector average $2.2B
▼
-88.2% below sector average
Key checks
Key Insights
- 5-year CAGR of +78.2%, indicating consistent growth.
- In FY2025, revenue decreased 13.8% year-over-year.
- Ranks #110 out of 131 companies in the Real Estate sector.
- Peak revenue 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 | RevenueValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $266.0M | -13.8% |
| FY2024 | $308.5M | -0.3% |
| FY2023 | $309.5M | +164.8% |
| FY2022 | $116.9M | +161.7% |
| FY2021 | $44.7M | +202.1% |
| FY2020 | $14.8M | +130.3% |
| FY2019 | $6.4M | +0.0% |
| FY2018 | $6.4M | +0.0% |
| FY2017 | $6.4M | - |
| FY2016 | - | - |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026