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Income Statement
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Balance Sheet
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Income Overview
Revenue
$167,241K
Net Income
$3,391K
Net Profit Margin
2.03%
EPS
$0.01
Unit: Thousand (K) dollars
Revenue Breakdown
Same Store
Nonsame Store
other revenue
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Page 1
Quarterly
123
Page 1
Income Statement
2026-06-30
2026-03-31
2025-12-31
2025-09-30
Total revenue
167,241
165,322
167,127
167,138
Property operating expenses
63,375
62,124
57,260
61,699
Property management expenses
7,931
8,237
6,675
7,891
General and administrative expenses
5,685
8,514
4,673
4,905
Depreciation and amortization expense
64,861
64,632
62,987
61,735
Casualty (gains) losses, net
-553
77
755
419
Total expenses
141,299
143,584
132,350
136,649
Interest expense
21,583
20,732
20,422
20,455
Gain on sale of real estate assets, net
0
0
17,492
-12,841
Loss on extinguishment of debt
0
0
0
0
Other nonoperating income (expense)
-105
-86
-237
-12
Loss from unconsolidated real estate entities
-836
-1,047
2,404
9,814
Restructuring costs
-
-
0
-
Net income (loss)
3,418
-127
34,014
6,995
(income) loss allocated to noncontrolling interest
27
-59
749
102
Net income allocable to common shares
3,391
-68
33,265
6,893
Basic EPS
0.01
0
0.14
0.03
Diluted EPS
0.01
0
0.139
0.03
Basic Average Shares
235,400,393
236,432,728
237,839,702
233,634,546
Diluted Average Shares
236,037,395
236,432,728
238,758,318
234,283,170
Page 1
Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.
Page 1
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Time Plot
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Income Statement
Same Store
$157,076K
Nonsame Store
$10,050K
rental and other
property revenue
$167,126K
(3.23%↑ Y/Y)
other revenue
$115K
Total revenue
$167,241K
(3.12%↑ Y/Y)
Net income (loss)
$3,418K
(-58.17%↓ Y/Y)
Total expenses
$141,299K
(4.91%↑ Y/Y)
Interest expense
$21,583K
(14.97%↑ Y/Y)
Loss from
unconsolidated real estate...
-$836K
(-48.75%↓ Y/Y)
Other nonoperating
income (expense)
-$105K
Casualty (gains) losses,
net
-$553K
Net income
allocable to common shares
$3,391K
(-57.85%↓ Y/Y)
(income) loss allocated
to noncontrolling...
$27K
(-78.57%↓ Y/Y)
Depreciation and
amortization expense
$64,861K
(8.47%↑ Y/Y)
Property operating
expenses
$63,375K
(4.00%↑ Y/Y)
Property management
expenses
$7,931K
(2.80%↑ Y/Y)
General and
administrative expenses
$5,685K
(-4.96%↓ Y/Y)
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INDEPENDENCE REALTY TRUST, INC. (IRT)
INDEPENDENCE REALTY TRUST, INC. (IRT)