Independence Realty Quarterly Income Statement
NYSE: IRTReal EstateReal Estate Investment TrustsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Independence Realty revenue and earnings
In the quarter ended Jun 30, 2026, Independence Realty generated $167.2 million in revenue, up 3.1% from the same quarter a year earlier. Net income was $3.4 million (-57.9% year over year), for a net margin of 2.0% versus a median of 5.0% in the prior 5 quarters. Diluted earnings per share came in at $0.01, down from $0.03.
Summary generated from market data by MetaCap's automated system. Methodology
Independence Realty income statement (quarterly)
| Quarter (USD) | Q2 20262026-06-30 | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 167.24M | 165.32M | 167.13M | 167.14M | 162.19M | 161.24M | 160.96M | 160.13M | 158.40M | 160.53M | 167.05M | 168.61M |
| Revenue growth (YoY) | +3.12% | +2.53% | +3.83% | +4.37% | +2.39% | +0.44% | -3.64% | -5.02% | -3.39% | -0.52% | +2.61% | +4.99% |
| Interest Expense | 21.58M | 20.73M | 20.42M | 20.45M | 18.77M | 19.35M | 19.77M | 18.31M | 17.46M | 20.60M | 23.54M | 22.03M |
| Other Income (Expense) | -105.00K | -86.00K | -237.00K | -12.00K | 0 | -103.00K | 0 | 0 | 0 | -1.00K | -79.00K | -369.00K |
| Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Income | 3.39M | -68.00K | 33.27M | 6.89M | 8.05M | 8.35M | -1.00M | 12.37M | 10.35M | 17.58M | -40.52M | 3.93M |
| Net Income growth (YoY) | -57.85% | -100.81% | — | -44.25% | -22.29% | -52.47% | — | +214.63% | -3.31% | +103.25% | -220.47% | -75.78% |
| EPS (Basic) | 0.01 | 0.00 | 0.14 | 0.03 | 0.03 | 0.04 | 0.00 | 0.05 | 0.05 | 0.08 | -0.18 | 0.02 |
| EPS (Diluted) | 0.01 | 0.00 | 0.14 | 0.03 | 0.03 | 0.04 | 0.00 | 0.05 | 0.05 | 0.08 | -0.18 | 0.02 |
| Shares Outstanding (Basic) | 235.40M | 236.43M | — | 233.63M | 233.50M | 230.72M | — | 224.82M | 224.79M | 224.63M | — | 224.50M |
| Shares Outstanding (Diluted) | 236.04M | 236.43M | — | 234.28M | 234.13M | 231.83M | — | 226.06M | 225.42M | 225.23M | — | 225.14M |
| Net Margin | 2.03% | -4.00% | 19.90% | 4.12% | 4.96% | 5.18% | -62.00% | 7.72% | 6.54% | 10.95% | -24.25% | 2.33% |
This table shows 12 quarterly periods of Independence Realty's income statement, from Q2 2026 back to Q3 2023, across 18 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow IRT's reporting calendar. What is a income statement?