Filing Flows › Independence Realty Trust (IRT) › Q2 2026 › vs Q1 2026
Independence Realty Trust (IRT) Q2 2026 vs Q1 2026 (quarter over quarter)
Independence Realty Trust's revenue rose $1.9M (+1%) from $165M in Q1 2026 to $167M in Q2 2026. Operating margin 15.5% against 13.1% (+2.4 pts).
Independence Realty Trust, Q2 2026: revenue $167M (+3% year over year), operating margin 15.5%, net earnings $3.4M, operating cash flow $80.9M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Operating margin | 15.5% | 13.1% | +2.4 pts |
| Net margin | 2.0% | -0.1% | +2.1 pts |
| Free cash flow margin | 47.1% | 32.3% | +14.8 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $167M | $165M | $1.9M | +1% |
| Operating profit | $25.9M | $21.7M | $4.2M | +19% |
| Costs & expenses | $141M | $144M | −$2.3M | -2% |
| Pre-tax earnings | $3.4M | −$127K | $3.5M | — |
| Other expense, net | $22.5M | $21.9M | $659K | +3% |
| General & admin | $5.7M | $8.5M | −$2.8M | -33% |
| Other operating costs | $136M | $135M | $544K | +0.4% |
| Net earnings | $3.4M | −$127K | $3.5M | — |
| Depreciation & amortization | $64.9M | $64.6M | $230K | +0.4% |
| Working capital & other | $12.6M | −$11.6M | $24.3M | — |
| Operating cash flow | $80.9M | $55.3M | $25.6M | +46% |
| Free cash flow (OCF − capex) | $78.7M | $53.4M | $25.3M | +47% |
| Capital expenditures | $2.2M | $1.9M | $305K | +16% |
Questions
How much did Independence Realty Trust's revenue grow quarter over quarter in Q2 2026?
Independence Realty Trust's revenue rose $1.9M (+1%) from $165M in Q1 2026 to $167M in Q2 2026. Operating margin 15.5% against 13.1% (+2.4 pts).