Financial insights of IRT

MyFinsight

For the quarter ending 2025-09-30, IRT made $167,138K in revenue. $6,893K in net income. Net profit margin of 4.12%.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement	2025-09-30	2025-06-30	2025-03-31	2024-09-30
Total revenue	167,138	162,188	161,243	160,135
Property operating expenses	61,699	60,935	59,263	-
Property management expenses	7,891	7,715	7,826	7,379
Casualty losses	-	-	-	-1,249
General and administrative expenses	4,905	5,982	8,406	4,765
Depreciation and amortization expense	61,735	59,794	58,725	55,261
Property operating expenses	-	-	-	60,538
Casualty losses	419	255	-115	-
Total expenses	136,649	134,681	134,105	129,192
Interest expense	20,455	18,773	19,348	18,308
(loss on impairment) gain on sale of real estate assets, net	-12,841	0	1,496	688
(loss) gain on extinguishment of debt	0	0	-67	-
Other loss	-12	0	-103	-
Income (loss) from investments in unconsolidated real estate entities	9,814	-562	-590	-703
Net income	6,995	8,172	8,526	12,620
Income allocated to noncontrolling interest	102	126	172	255
Net income allocable to common shares	6,893	8,046	8,354	12,365

Basic (in dollars per share)	0.03	0.03	0.04	0.05
Basic (in shares)	233,634,546	233,496,633	230,723,583	224,820,656
Diluted (in dollars per share)	0.03	0.03	0.04	0.05
Diluted (in shares)	234,283,170	234,131,752	231,828,484	226,058,400