Filing Flows › Independence Realty Trust (IRT) › Q2 2026 › vs Q2 2025
Independence Realty Trust (IRT) Q2 2026 vs Q2 2025 (year over year)
Independence Realty Trust's revenue rose $5.1M (+3%) from $162M in Q2 2025 to $167M in Q2 2026. Operating margin 15.5% against 17.0% (-1.4 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 Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Operating margin | 15.5% | 17.0% | -1.4 pts |
| Net margin | 2.0% | 5.0% | -3.0 pts |
| Free cash flow margin | 47.1% | 47.6% | -0.5 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $167M | $162M | $5.1M | +3% |
| Operating profit | $25.9M | $27.5M | −$1.6M | -6% |
| Costs & expenses | $141M | $135M | $6.6M | +5% |
| Pre-tax earnings | $3.4M | $8.2M | −$4.8M | -58% |
| Other expense, net | $22.5M | $19.3M | $3.2M | +16% |
| General & admin | $5.7M | $6.0M | −$297K | -5% |
| Other operating costs | $136M | $129M | $6.9M | +5% |
| Net earnings | $3.4M | $8.2M | −$4.8M | -58% |
| Depreciation & amortization | $64.9M | $59.8M | $5.1M | +8% |
| Working capital & other | $12.6M | $14.3M | −$1.6M | -12% |
| Operating cash flow | $80.9M | $82.2M | −$1.3M | -2% |
| Free cash flow (OCF − capex) | $78.7M | $77.1M | $1.6M | +2% |
| Capital expenditures | $2.2M | $5.1M | −$2.9M | -57% |
Questions
How much did Independence Realty Trust's revenue grow year over year in Q2 2026?
Independence Realty Trust's revenue rose $5.1M (+3%) from $162M in Q2 2025 to $167M in Q2 2026. Operating margin 15.5% against 17.0% (-1.4 pts).