Innovative Industrial Properties: Q4 Earnings Snapshot

robot
Abstract generation in progress

Innovative Industrial Properties: Q4 Earnings Snapshot

Associated Press Finance

Tue, February 24, 2026 at 6:49 AM GMT+9 1 min read

In this article:

IIPR

+0.98%

PARK CITY, Utah (AP) — PARK CITY, Utah (AP) — Innovative Industrial Properties, Inc. (IIPR) on Monday reported a key measure of profitability in its fourth quarter. The results beat Wall Street expectations.

The Park City, Utah-based real estate investment trust said it had funds from operations of $53.3 million, or $1.88 per share, in the period.

The average estimate of three analysts surveyed by Zacks Investment Research was for funds from operations of $1.81 per share.

Funds from operations is a closely watched measure in the REIT industry. It takes net income and adds back items such as depreciation and amortization.

The company said it had net income of $30.7 million, or $1.06 per share.

Innovative Industrial Properties, based in Park City, Utah, posted revenue of $66.7 million in the period, also topping Street forecasts. Three analysts surveyed by Zacks expected $66.5 million.

For the year, the company reported funds from operations of $205.4 million. Revenue was reported as $266 million.


This story was generated by Automated Insights () using data from Zacks Investment Research. Access a Zacks stock report on IIPR at

Terms and Privacy Policy

Privacy Dashboard

More Info

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin