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Independence Realty Trust (IRT) operating margin by quarter

Independence Realty Trust's operating margin was 16.7% in Q3 2026 (third quarter 2026), +1.2 pts from Q2 2026. Over the last 6 quarters it ranged from 15.5% (Q2 2026) to 20.8% (Q4 2025).

Independence Realty Trust operating margin by quarterIndependence Realty Trust operating margin by quarter16.8%Q1 202517.0%Q2 202518.2%Q3 202520.8%Q4 202515.5%Q2 202616.7%Q3 2026
QuarterOperating marginQ/QY/Y
Q3 202616.7%+1.2 pts-1.5 pts
Q2 202615.5%-5.3 pts-1.4 pts
Q4 202520.8%+2.6 pts—
Q3 202518.2%+1.3 pts—
Q2 202517.0%+0.1 pts—
Q1 202516.8%——

Q3 2026 at a glance

Independence Realty Trust, Q3 2026: revenue $172M (+3% year over year), operating margin 16.7%, net earnings $25.1M, operating cash flow $81.2M. The chart follows the revenue to costs, profit and cash.

Questions

What is Independence Realty Trust's operating margin?

Independence Realty Trust's operating margin was 16.7% in Q3 2026 (third quarter 2026), +1.2 pts from Q2 2026.

How has Independence Realty Trust's operating margin changed?

Over the last 6 quarters it ranged from 15.5% (Q2 2026) to 20.8% (Q4 2025).

Q3 2026 results → · How Independence Realty Trust makes money →