Innovative Industrial Properties, Inc.
Cash Flow Statement
| Line Item | Jun 2026 | Mar 2026 | Sep 2025 | Jun 2025 | Mar 2025 | Sep 2024 | Jun 2024 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $43.9M | $32.8M | $29.3M | $26.0M | $31.1M | $40.2M | $42.0M | $39.4M |
| Depreciation & Amortization | $18.8M | $18.6M | $18.6M | $18.5M | $18.4M | $17.9M | $17.5M | $17.2M |
| Depreciation | — | — | $18.2M | $18.3M | $18.2M | $17.7M | $17.3M | $16.9M |
| Amortization | — | — | — | — | — | — | $23.0K | — |
| Stock-Based Compensation | — | $2.6M | — | — | $2.1M | — | — | $4.3M |
| Net Cash from Operating Activities | $44.9M | $56.0M | $45.6M | $48.4M | $54.2M | $64.9M | $64.2M | $71.6M |
| Investing Activities | ||||||||
| Capital Expenditures | — | — | — | — | — | — | — | — |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | — | $-341.0K | — | — | $-17.2M | — | — | $-14.4M |
| Financing Activities | ||||||||
| Dividends Paid | — | $53.8M | — | — | $54.3M | — | — | $51.5M |
| Stock Repurchases | — | $0 | — | — | $290.0K | — | — | $0 |
| Net Cash from Financing Activities | — | $-14.2M | — | — | $-55.3M | — | — | $-45.4M |
| Net Change in Cash | — | — | — | — | — | — | — | — |
| Free Cash Flow | — | — | — | — | — | — | — | — |