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Innovative Industrial Properties shares outstanding IIPR

Diluted shares outstanding, averaged over each quarter, from 2017.

Latest quarter, to Jun 30, 2026
30M
On a year earlier
+5.9%
more shares

Innovative Industrial Properties had 30M diluted shares outstanding on average in Q2 FY26, the quarter to Jun 30, 2026.

That is 5.9% more than a year earlier, so each share owns a little less of the company.

Shares outstanding over time

Open the interactive chart, with overlays and comparisons

Fiscal year by fiscal year

Fiscal yearShares, fourth quarterChange
FY202528.3M−1%
FY202428.5M+1%
FY202328.3M+0%
FY202228.2M+7%
FY202126.3M+5%
FY202025.1M+108%
FY201912M+27%
FY20189.5M+180%
FY20173.4Mn/a

Each fiscal year is the twelve months to its fourth quarter, shown as the fourth quarter's average share count.

Quarter by quarter

QuarterEndedShares outstandingOn a year earlier
Q2 FY2630M+6%
Q1 FY2628.5M−0%
Q4 FY2528.3M−1%
Q3 FY2528.3M−1%
Q2 FY2528.3M−1%
Q1 FY2528.6M+0%
Q4 FY2428.5M+1%
Q3 FY2428.6M+1%
Q2 FY2428.6M+1%
Q1 FY2428.5M+1%
Q4 FY2328.3M+0%
Q3 FY2328.3M+0%

What the shares outstanding tells you

Diluted shares outstanding, averaged over the period. Fewer shares means each one owns more of the company.

A falling count usually means buybacks. A rising one means stock pay, acquisitions paid in shares or new shares sold.

More on Innovative Industrial Properties

Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.