INNOVATIVE INDUSTRIAL PROPER (IIPR) Earnings History & Surprises
NYSE:IIPR • US45781V1017
53.57 USD
-0.97 (-1.78%)
At close: Mar 10, 2026
53.55 USD
-0.02 (-0.04%)
After Hours: 3/10/2026, 8:04:00 PM
Past quarterly earnings results for INNOVATIVE INDUSTRIAL PROPER (IIPR), including EPS and revenue actuals, analyst estimates, and surprise percentages. This page focuses on historical performance (not forecasts).
Earnings Snapshot
Next Earnings Date
Release DateMay 5, 2026
PeriodQ1 / 2026
EPS Estimate$1.09
Revenue Estimate67.684M
Last Reported
Release DateFeb 23, 2026
PeriodQ4 / 2025
EPS Reported$1.06
EPS Surprise 2.89%
Revenue Surprise -0.91%
Beat Rate
25%
EPS and Revenuebeats vs estimates
Quarterly Earnings Results
EPS & Revenue History (USD)
Actual vs estimated values, surprises, q2q growth and acceleration numbers for recent quarters.
| Quarter | EPS | EPS Est | EPS Surprise | EPS Q2Q | Revenue | Revenue Est | Revenue Surprise | Revenue Q2Q |
|---|---|---|---|---|---|---|---|---|
| Q4 2025 | 1.06 | 1.03 | 2.89% | -22.06% | 66.657M | 67.27M | -0.91% | -13.14% |
| Q3 2025 | 0.97 | 0.90 | 7.46% | -29.20% | 64.685M | 65.843M | -1.76% | -15.47% |
| Q2 2025 | 0.86 | 1.10 | -22.17% | -35.82% | 62.891M | 65.144M | -3.46% | -21.18% |
| Q1 2025 | 1.18 | 1.21 | -2.46% | -13.24% | 71.722M | 72.822M | -1.51% | -4.95% |
| Q4 2024 | 1.36 | 1.39 | -1.96% | -6.21% | 76.744M | 77.974M | -1.58% | -3.05% |
| Q3 2024 | 1.37 | 1.48 | -7.16% | -5.52% | 76.526M | 78.931M | -3.05% | -1.67% |
| Q2 2024 | 1.34 | 1.33 | 0.86% | -6.94% | 79.793M | 79.266M | 0.66% | 5.10% |
| Q1 2024 | 1.36 | 1.46 | -6.92% | -4.90% | 75.454M | 80.268M | -6.00% | -0.81% |
| Q4 2023 | 1.45 | 1.44 | 1.00% | -0.68% | 79.156M | 78.027M | 1.45% | 12.34% |
| Q3 2023 | 1.45 | 1.45 | 0.29% | 9.85% | 77.826M | 78.093M | -0.34% | 9.80% |
| Q2 2023 | 1.44 | 1.43 | 1.02% | 1.41% | 75.919M | 75.137M | 1.04% | 7.67% |
| Q1 2023 | 1.43 | 1.33 | 7.22% | 8.33% | 76.067M | 71.958M | 5.71% | 17.93% |
| Q4 2022 | 1.46 | 1.31 | 11.30% | 28.07% | 70.46M | 70.361M | 0.14% | 19.55% |
| Q3 2022 | 1.32 | 1.33 | -0.76% | 10.00% | 70.88M | 70.315M | 0.80% | 31.60% |
| Q2 2022 | 1.42 | 1.39 | 2.06% | 21.37% | 70.51M | 70.403M | 0.15% | 44.28% |
| Q1 2022 | 1.32 | 1.38 | -4.56% | 25.71% | 64.5M | 64.452M | 0.07% | 50.38% |
| Q4 2021 | 1.14 | 1.27 | -10.23% | 25.27% | 58.94M | 59.026M | -0.15% | 58.91% |
| Q3 2021 | 1.20 | 1.19 | 1.25% | 39.53% | 53.86M | 53.56M | 0.56% | 56.89% |
| Q2 2021 | 1.17 | 1.13 | 3.11% | 60.27% | 48.87M | 46.768M | 4.49% | 100.70% |
| Q1 2021 | 1.05 | 0.98 | 7.45% | 45.83% | 42.89M | 42.502M | 0.91% | 102.98% |
| Q4 2020 | 0.91 | 1.10 | -16.93% | - | 37.09M | 38.782M | -4.36% | - |
| Q3 2020 | 0.86 | 0.80 | 7.41% | - | 34.33M | 30.224M | 13.59% | - |
| Q2 2020 | 0.73 | 0.77 | -4.89% | - | 24.35M | 24.765M | -1.68% | - |
| Q1 2020 | 0.72 | 0.76 | -5.57% | - | 21.13M | 21.447M | -1.48% | - |
Notes
- EPS and Revenue values are non-GAAP when available, otherwise GAAP.
- Surprise % is (Actual - Estimate) / |Estimate|. Green indicates positive surprise, red negative.
- Q2Q % is quarter-over-quarter growth. Green indicates growth, red indicates decline.
- Green right border indicates acceleration for sales or earnings growth. Acceleration is the case when the current Q2Q is above the previous Q2Q.
Earnings Q2Q Performance Trends
EPS Historical Q2Q growth and Acceleration
Revenue Historical Q2Q growth and Acceleration
Surprise distribution (Last 4 Quarters)
EPS beat statistics
EPS beat (4)
2
Average EPS beat (4)
-3.57%
Max EPS beat (4)
7.46%
Min EPS beat (4)
-22.17%
Revenue beat statistics
Revenue beat (4)
0
Average Revenue beat (4)
-1.91%
Max Revenue beat (4)
-0.91%
Min Revenue beat (4)
-3.46%
Analysis
In the last 4 quarters, IIPR has beaten EPS estimates in 2 out of 4 releases
IIPR has not beaten revenue estimates in any of the last 4 earnings releases
In the last 4 quarters, IIPR reported -3.6% below the EPS estimates on average.
In the last 4 quarters, IIPR reported -1.9% below the revenue estimates on average.
INNOVATIVE INDUSTRIAL PROPER / IIPR Earnings FAQ
When did INNOVATIVE INDUSTRIAL PROPER (IIPR) report earnings last quarter?
INNOVATIVE INDUSTRIAL PROPER (IIPR) last reported earnings on 2/23/2026.
Did INNOVATIVE INDUSTRIAL PROPER (IIPR) beat earnings estimates last quarter?
INNOVATIVE INDUSTRIAL PROPER (IIPR) beat EPS estimates and missed revenue estimates in the most recent quarter.
What percentage of the time does IIPR stock beat earnings estimates?
In the last 4 quarters, INNOVATIVE INDUSTRIAL PROPER (IIPR) has beaten EPS estimates in 2 out of 4 releases.