Financial insights of IRT

MyFinsight

For the quarter ending 2026-03-31, IRT made $165,322K in revenue. -$68K in net income. Net profit margin of -0.04%.

Income Statement	2026-03-31	2025-12-31	2025-09-30	2025-06-30
Total revenue	165,322	167,127	167,138	162,188
Property operating expenses	62,124	57,260	61,699	60,935
Property management expenses	8,237	6,675	7,891	7,715
General and administrative expenses	8,514	4,673	4,905	5,982
Depreciation and amortization expense	64,632	62,987	61,735	59,794
Casualty losses (gains), net	77	755	419	255
Total expenses	143,584	132,350	136,649	134,681
Interest expense	20,732	20,422	20,455	18,773
Gain on sale of real estate assets, net	0	17,492	-12,841	0
Loss on extinguishment of debt	0	0	0	0
Other nonoperating income (expense)	-86	-237	-12	0
Loss from investments in unconsolidated real estate entities	-1,047	2,404	9,814	-562
Restructuring costs	-	0	-	-
Net income (loss)	-127	34,014	6,995	8,172
Loss (income) allocated to noncontrolling interest	-59	749	102	126
Net (loss) income allocable to common shares	-68	33,265	6,893	8,046

Basic EPS	0	0.14	0.03	0.03
Diluted EPS	0	0.139	0.03	0.03
Basic Average Shares	236,432,728	237,839,702	233,634,546	233,496,633
Diluted Average Shares	236,432,728	238,758,318	234,283,170	234,131,752

Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.