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Net Income at other companies

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$124.36M-31.5%
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-$1.13M-767%
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AvalonBay CommunitiesAVB
$155.72M-42.0%

Other financials

Income statement

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Revenue$165.3M+2.5%
EPS (diluted)$0.00+100%

Balance sheet

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Cash & equivalents$23.3M-19.7%
Total debt$2.9M+28.3%
Total equity$3.4B-1.8%
Total assets$6.1B+1.9%

Cash flow

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Operating cash flow$55.3M-8.4%
CapEx$1.6M-50.4%
Free cash flow$69.0M+11.6%

Valuation

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Market cap$4B+0.2%
Enterprise value$3.98B+0.2%
P/E81.6×-60.7×
P/S6.1×-0.1×

Profitability

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Gross margin96.1%
Operating margin26.9%
Net margin7.4%+2.7pp
FCF margin42%+3.3pp

Returns & leverage

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Return on equity1.4%+0.6pp
Debt / equity0.0×

Where this comes from

Reported directly by Independence Realty Trust in its filing.

Tagged under the XBRL concept us-gaap:ProfitLoss.

The source filing: Independence Realty Trust’s 10-Q, filed April 30, 2026.

Filed
Apr 30, 2026, 4:31 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001437749-26-014234
Line itemFor the Three Months Ended / March 31, 2026For the Three Months Ended / March 31, 2025
Loss on extinguishment of debt(67)
Other loss(86)(103)
Loss from investments in unconsolidated real estate entities(1,047)(590)
Net (loss) income:(127)8,526
Loss (income) allocated to noncontrolling interest59(172)
Net (loss) income allocable to common shares$(68)$8,354
Earnings per share:
Basic$0.00$0.04

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FAQ

What is Independence Realty Trust's net income?
Independence Realty Trust (IRT) reported net income of -$127K in Q1 2026.
How has Independence Realty Trust's net income changed year-over-year?
Independence Realty Trust's net income decreased by 101.5% year-over-year, from $8.53M to -$127K.
What is the long-term trend for Independence Realty Trust's net income?
Over 4 years (2021 to 2025), Independence Realty Trust's net income has grown at a 6.7% compound annual growth rate (CAGR), from $44.59M to $57.71M.
What does net income mean?
The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.

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