Independence Realty Trust (IRT)
Owns and renovates apartment communities across non-gateway U.S. markets.
$14.64
vs last close−0.13 (−0.85%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 169 | 167 | 161 | 158 | 160 | 161 | 161 | 162 | 167 | 167 | 165 | 167 |
| Cost of revenue | 12 | 66 | 121 | 69 | 68 | 62 | 67 | 69 | 70 | 190 | 200 | 201 |
| Gross profit | 156 | 101 | 39 | 90 | 92 | 100 | 94 | 94 | 98 | −23 | −34 | −34 |
| 51 | 61 | 8 | 60 | 60 | 5 | 67 | 66 | 67 | −58 | −56 | −59 | |
| 4 | 5 | 8 | 6 | 5 | 5 | 8 | 6 | 5 | 0 | 9 | 6 | |
| General & administrative | 4 | 5 | 8 | 6 | 5 | 5 | 8 | 6 | 5 | 0 | 9 | 6 |
| Other expenses | 47 | 56 | 0 | 54 | 55 | 0 | 59 | 60 | 62 | −58 | −65 | −65 |
| Operating income | 105 | 40 | 31 | 29 | 32 | 95 | 27 | 28 | 31 | 36 | 22 | 25 |
| −101 | −81 | −13 | −19 | −20 | −96 | −19 | −20 | −24 | −2 | −22 | −22 | |
| Interest expense | 22 | 24 | 21 | 17 | 18 | 20 | 19 | 19 | 20 | 20 | 21 | 22 |
| Other non-operating income | 79 | 58 | −8 | 1 | 1 | 58 | −1 | 1 | 3 | −19 | 1 | 0 |
| Income before tax | 4 | −42 | 18 | 11 | 13 | −1 | 9 | 8 | 7 | 34 | 0 | 3 |
| Net income from continuing operations | 4 | −42 | 18 | 11 | 13 | −1 | 9 | 8 | 7 | 34 | 0 | 3 |
| Other adjustments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | 4 | −41 | 18 | 10 | 12 | −1 | 8 | 8 | 7 | 33 | 0 | 3 |
| EPS, basic | $0.02 | −$0.18 | $0.08 | $0.05 | $0.06 | −$0.00 | $0.04 | $0.03 | $0.03 | $0.14 | −$0.00 | $0.01 |
| EPS, diluted | $0.02 | −$0.18 | $0.08 | $0.05 | $0.05 | −$0.00 | $0.04 | $0.03 | $0.03 | $0.14 | −$0.00 | $0.01 |
| Weighted average shares, basic | 224 | 225 | 225 | 225 | 225 | 225 | 231 | 233 | 240 | 244 | 242 | 235 |
| Weighted average shares, diluted | 225 | 225 | 225 | 225 | 226 | 226 | 232 | 234 | 240 | 244 | 242 | 236 |
| EBITDA | 82 | 38 | 92 | 82 | 86 | 95 | 87 | 87 | 89 | 117 | 85 | 90 |
| Depreciation & amortization | 56 | 56 | 54 | 54 | 55 | 58 | 59 | 60 | 62 | 63 | 65 | 65 |
| EBIT | 26 | −18 | 39 | 28 | 31 | 37 | 28 | 27 | 27 | 54 | 21 | 25 |