earnings
confidence high
sentiment positive
materiality 0.90
Innovative Industrial Properties Reports Q1 2026 Results with $69M Revenue and $1.88 AFFO per Share
INNOVATIVE INDUSTRIAL PROPERTIES INC
2026-Q1 EPS reported
$1.02
revenue$68,996,000
- Total revenues of $69.0 million and net income of $30.2 million ($1.02 per diluted share) for Q1 2026.
- AFFO of $53.4 million or $1.88 per share; declared dividends of $1.90 per common share.
- Year-to-date raised $128 million in equity and debt capital and executed leases for 389,000 square feet.
- Additional secured and unsecured debt financings of nearly $130 million underway to address upcoming bond maturity.