IIPR Q2 2026 net income $40.7M ($1.36 EPS) beats prior year; AFFO $1.83; $402.5M notes issued

INNOVATIVE INDUSTRIAL PROPERTIES INC

Net income $40.7M ($1.36 diluted EPS) up 62% from $25.1M ($0.86) in Q2 2025.
AFFO $53.0M ($1.83 per share) up from $48.4M ($1.71) YoY.
Declared $1.90 per share dividend; cumulative dividends paid exceed $1.2B.
Completed $402.5M offering of 6.0% exchangeable senior notes due 2029.
Funded $270M investment in IQHQ; liquidity of $300M available for growth.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.