secwatch.observer — SEC 8-K summary
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Issuer:     INNOVATIVE INDUSTRIAL PROPERTIES INC (IIPR)
CIK:        0001677576
Form:       8-K
Filed at:   2026-08-03T20:13:47+00:00
Accession:  0001677576-26-000003
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1677576/000167757626000003/0001677576-26-000003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1677576/000167757626000003/iipr-20260803.htm
  HTML page:      https://secwatch.observer/filing/0001677576-26-000003

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer