Innovative Industrial Properties, Inc.
Income Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $63.3M | $69.0M | $66.7M | $64.7M | $62.9M | $71.7M | $76.7M | $76.5M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $7.7M | $10.3M | $8.0M | $8.7M | $8.6M | $8.5M | $8.9M | $9.3M |
| Operating Income | $41.4M | $32.9M | $31.8M | $29.4M | $28.9M | $34.0M | $42.0M | $42.0M |
| Operating Margin | 65.5% | 47.7% | 47.8% | 45.5% | 45.9% | 47.4% | 54.7% | 54.8% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | — | — | — | — | — | — | — | — |
| Income Tax Expense | — | — | — | — | — | — | — | — |
| Net Income | $43.9M | $32.8M | $31.8M | $29.3M | $26.0M | $31.1M | $40.0M | $40.2M |
| Net Margin | 69.3% | 47.6% | 47.8% | 45.3% | 41.4% | 43.3% | 52.2% | 52.6% |
| EPS (Basic) | $1.39 | $1.04 | $1.07 | $0.99 | $0.87 | $1.05 | $1.38 | $1.38 |
| EPS (Diluted) | $1.36 | $1.02 | $1.07 | $0.97 | $0.86 | $1.03 | $1.35 | $1.37 |
| Shares Outstanding (Basic) | 28.4M | 28.0M | 28.0M | 27.9M | 27.9M | 28.3M | 28.2M | 28.3M |
| Shares Outstanding (Diluted) | 30.0M | 28.5M | 28.4M | 28.3M | 28.3M | 28.6M | 28.5M | 28.6M |
| Dividends Per Share | $1.90 | $1.90 | $1.90 | $1.90 | $1.90 | $1.90 | $1.90 | $1.90 |