INNOVATIVE INDUSTRIAL PROPERTIES INC

INNOVATIVE INDUSTRIAL PROPERTIES INCIIPREarnings & Financial Report

NYSE · Real Estate · Real Estate

Oxford Properties is a Canadian multinational corporation, with operations in real estate investment, development and property management. Its portfolio includes office, retail, industrial, multi-residential, life sciences and hotel assets. Established privately in 1960 and later wholly owned by the Ontario Municipal Employees Retirement System (OMERS) since 2003, the company is headquartered in Toronto with regional head offices in New York City, London, Australia, Singapore and Luxembourg. ...

Revenue

$79.8M

Gross Profit

N/A

Operating Profit

$42.3M

Net Profit

$42.0M

Gross Margin

N/A

Operating Margin

53.1%

Net Margin

52.6%

YoY Growth

4.4%

EPS

$1.44

INNOVATIVE INDUSTRIAL PROPERTIES INC Q2 FY2024 Financial Summary

INNOVATIVE INDUSTRIAL PROPERTIES INC reported revenue of $79.8M (up 4.4% YoY) for Q2 FY2024, with a net profit of $42.0M (up 1.8% YoY) (52.6% margin).

Key Financial Metrics

Total Revenue$79.8M
Net Profit$42.0M
Gross MarginN/A
Operating Margin53.1%
Report PeriodQ2 FY2024

INNOVATIVE INDUSTRIAL PROPERTIES INC Annual Revenue by Year

INNOVATIVE INDUSTRIAL PROPERTIES INC annual revenue history includes year-by-year totals (for example, 2025 revenue was $266.0M).

YearAnnual Revenue
2025$266.0M
2024$308.5M
2023$309.5M
2022$276.4M

INNOVATIVE INDUSTRIAL PROPERTIES INC Quarterly Revenue & Net Profit History

INNOVATIVE INDUSTRIAL PROPERTIES INC results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.

QuarterRevenueRevenue YoYNet ProfitNet Margin
Q4 FY2025$66.7M-13.1%$31.8M47.8%
Q3 FY2025$64.7M-15.5%$29.3M45.3%
Q2 FY2025$62.9M-21.2%$26.0M41.4%
Q1 FY2025$71.7M-4.9%$31.1M43.3%
Q4 FY2024$76.7M-3.0%$40.0M52.2%
Q3 FY2024$76.5M-1.7%$40.2M52.6%
Q2 FY2024$79.8M+4.4%$42.0M52.6%
Q1 FY2024$75.5M-0.8%$39.4M52.3%

Income Statement

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Revenue$75.5M$79.8M$76.5M$76.7M$71.7M$62.9M$64.7M$66.7M
YoY Growth-0.8%4.4%-1.7%-3.0%-4.9%-21.2%-15.5%-13.1%

Balance Sheet

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Assets$2.40B$2.38B$2.40B$2.38B$2.35B$2.31B$2.34B$2.37B
Liabilities$444.1M$437.0M$448.8M$442.0M$430.4M$424.6M$474.6M$522.9M
Equity$1.96B$1.95B$1.95B$1.94B$1.92B$1.88B$1.86B$1.85B

Cash Flow

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Operating CF$71.6M$64.2M$64.9M$258.4M$54.2M$48.4M$45.6M$198.2M