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Cash Flow Overview

Change in Cash
$118,520K
Unit: Thousand (K) dollars
Positive Cash Flow Breakdown
    • Proceeds from issuance of exchan...
    • Proceeds from term loans
    • Draws on revolving credit facili...
    • Others
Negative Cash Flow Breakdown
    • Principal payments on debt and t...
    • Investments in life science fina...
    • Repayments on revolving credit f...
    • Others
Cash Flow
2026-06-30
2026-03-31
2025-12-31
2025-09-30
Net income
43,852
32,809
31,841
29,305
Depreciation and amortization
18,799
18,584
18,538
18,639
Impairment loss on real estate
0
0
0
0
Loss (gain) on exchange of exchangeable senior notes
-
-
0
-
Loss (gain) on sale of real estate, net
11,847
422
-326
0
Paid-in-kind dividends and interest income on life science investments
1,546
1,002
826
-
Stock-based compensation
2,826
2,584
2,698
2,684
Amortization of discounts on investments
-
-
0
0
Amortization of debt discount and issuance costs
1,211
576
568
485
Other non-cash adjustments
1,547
300
292
-12
Other assets, net
-3,442
527
-1,550
6,555
Accounts payable, accrued expenses and other liabilities
-4,923
3,976
-3,607
1,472
Rent received in advance and tenant security deposits
-5,350
-247
-889
-451
Net cash provided by (used in) operating activities
44,917
56,031
49,907
45,591
Investments in real estate
0
0
0
0
Investments in life science financial instruments
120,000
-
45,016
105,235
Proceeds from sale of real estate assets
42,584
2,608
489
0
Funding of draws for improvements and construction
642
2,949
2,456
4,429
Funding of construction loan and other investments
-
-
0
-
Purchases of short-term investments
0
0
0
0
Maturities of short-term investments
0
0
5,258
0
Net cash provided by (used in) investing activities
-78,058
-341
-41,725
-109,664
Issuance of common stock, net of issuance costs
34,750
9,281
0
0
Repurchase of common stock
88,969
0
0
0
Issuance of preferred stock, net of issuance costs
20,914
60,301
5,037
5,900
Proceeds from issuance of exchangeable notes
402,500
-
-
-
Proceeds from term loans
148,660
-
-
-
Principal payments on debt and term loans
311,274
0
0
8,697
Draws on revolving credit facilities
120,000
5,000
105,000
50,000
Repayments on revolving credit facilities
102,500
32,500
52,500
-
Payment of deferred financing costs
15,320
-
0
0
Dividends paid to common stockholders
54,446
53,777
53,776
53,783
Dividends paid to preferred stockholders
2,654
1,136
1,017
878
Taxes paid related to net share settlement of equity awards
0
1,339
0
161
Net cash provided by (used in) financing activities
151,661
-14,170
2,744
1,078
Net increase (decrease) in cash, cash equivalents and restricted cash
118,520
41,520
10,926
-62,995
Cash and cash equivalents, beginning of period
89,117
47,597
36,671
146,245
Cash, cash equivalents and restricted cash, end of period
207,637
89,117
47,597
36,671
Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.

Time Plot

Show the time plot by selecting a row from the table.

Cash Flow

Proceeds from issuance ofexchangeable notes$402,500K Net income$43,852K (-23.20%↓ Y/Y)Depreciation andamortization$18,799K (-49.04%↓ Y/Y)Proceeds from term loans$148,660K Draws on revolvingcredit facilities$120,000K Issuance of common stock,net of issuance...$34,750K Issuance of preferredstock, net of issuance...$20,914K (58.31%↑ Y/Y)Other assets, net-$3,442K (7.45%↑ Y/Y)Stock-based compensation$2,826K (-40.51%↓ Y/Y)Amortization of debt discountand issuance costs$1,211K (28.01%↑ Y/Y)Net cash provided by(used in) financing...$151,661K (220.02%↑ Y/Y)Net cash provided by(used in) operating...$44,917K (-56.26%↓ Y/Y)Canceled cashflow$575,163K Canceled cashflow$25,213K Net increase(decrease) in cash, cash...$118,520K (354.45%↑ Y/Y)Canceled cashflow$78,058K Principal payments on debtand term loans$311,274K Repayments on revolvingcredit facilities$102,500K Repurchase of common stock$88,969K (342.46%↑ Y/Y)Dividends paid to commonstockholders$54,446K (-49.92%↓ Y/Y)Payment of deferredfinancing costs$15,320K Dividends paid topreferred stockholders$2,654K (97.32%↑ Y/Y)Proceeds from sale of realestate assets$42,584K (2333.37%↑ Y/Y)Loss (gain) on sale ofreal estate, net$11,847K Rent received inadvance and tenant...-$5,350K (3.24%↑ Y/Y)Accounts payable,accrued expenses and...-$4,923K (-484.31%↓ Y/Y)Other non-cashadjustments$1,547K (31040.00%↑ Y/Y)Paid-in-kind dividends andinterest income on life...$1,546K Net cash provided by(used in) investing...-$78,058K (-240.69%↓ Y/Y)Canceled cashflow$42,584K Investments in life sciencefinancial instruments$120,000K Funding of draws forimprovements and...$642K (-96.12%↓ Y/Y)

INNOVATIVE INDUSTRIAL PROPERTIES INC (IIPR)

INNOVATIVE INDUSTRIAL PROPERTIES INC (IIPR)