Independence Realty Trust financials
$14.83+0.88%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q2 '26 Jun 30 | Q1 '26 Mar 31 | Q4 '25 Dec 31 | Q3 '25 Sep 30 | Q2 '25 Jun 30 | Q1 '25 Mar 31 | Q4 '24 Dec 31 | Q3 '24 Sep 30 | Q2 '24 Jun 30 | Q1 '24 Mar 31 | Q4 '23 Dec 31 | Q3 '23 Sep 30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $167.1M | $165.2M | $168.0M | $166.9M | $161.9M | $160.9M | $161.7M | $159.9M | $158.4M | $160.3M | $166.7M | $168.4M |
| Gross profit | $103.8M | $103.1M | $110.8M | $105.2M | $101.0M | $101.6M | $107.5M | $99.3M | $158.4M | $100.4M | $107.0M | $105.1M |
| Gross margin | 62.1% | 62.4% | 65.9% | 63.0% | 62.4% | 63.2% | 66.5% | 62.1% | 100.0% | 62.6% | 64.2% | 62.4% |
| Operating income | $25.8M | $21.6M | $35.7M | $30.2M | $27.2M | $26.8M | $37.6M | $30.7M | $29.0M | $28.5M | $39.4M | $38.6M |
| Net income | $3.4M | -$68.0K | $33.3M | $6.9M | $8.0M | $8.4M | -$1.0M | $12.4M | $10.4M | $17.6M | -$40.5M | $3.9M |
| Net margin | 2.0% | 0.0% | 19.8% | 4.1% | 5.0% | 5.2% | −0.6% | 7.7% | 6.5% | 11.0% | −24.3% | 2.3% |
| Diluted EPS | $0.01 | $0.00 | $0.14 | $0.03 | $0.03 | $0.04 | $0.00 | $0.05 | $0.05 | $0.08 | $-0.18 | $0.02 |
| EBITDA | $90.1M | $86.3M | $99.4M | $91.9M | $87.3M | $85.4M | $95.3M | $86.6M | $84.2M | $84.5M | $96.2M | $94.1M |
| Operating cash flow | $80.9M | $55.3M | $60.2M | $79.3M | $82.2M | $60.4M | $63.4M | $69.2M | $83.0M | $44.1M | $59.2M | $75.8M |
| Free cash flow | $38.4M | $29.8M | $24.0M | $27.6M | $44.9M | $31.8M | $22.3M | $17.9M | $39.1M | $5.4M | $6.7M | $13.2M |
| Diluted shares | 236.0M | 236.4M | 238.8M | 234.3M | 234.1M | 231.8M | 225.6M | 226.1M | 225.4M | 225.2M | 222.4M | 225.1M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $22.5M | $23.3M | $23.6M | $23.3M | $19.5M | $29.1M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $2.45B | $2.44B | $2.29B | $2.31B | $2.26B | $2.26B |
| Total assets | $6.09B | $6.10B | $6.02B | $6.09B | $5.96B | $5.98B |
| Total liabilities | $2.60B | $2.58B | $2.43B | $2.48B | $2.41B | $2.40B |
| Shareholders' equity | $3.49B | $3.52B | $3.59B | $3.62B | $3.55B | $3.59B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology