Filing Flows › Independence Realty Trust (IRT) › Q3 2026 › vs Q2 2026
Independence Realty Trust (IRT) Q3 2026 vs Q2 2026 (quarter over quarter)
Independence Realty Trust's revenue rose $4.9M (+3%) from $167M in Q2 2026 to $172M in Q3 2026. Operating margin 16.7% against 15.5% (+1.2 pts).
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 draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Operating margin | 16.7% | 15.5% | +1.2 pts |
| Net margin | 14.6% | 2.0% | +12.6 pts |
| Free cash flow margin | 46.3% | 47.1% | -0.8 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $172M | $167M | $4.9M | +3% |
| Operating profit | $28.8M | $25.9M | $2.8M | +11% |
| Costs & expenses | $143M | $141M | $2.1M | +1% |
| Pre-tax earnings | $25.7M | $3.4M | $22.3M | +652% |
| Other expense, net | $3.0M | $22.5M | −$19.5M | -87% |
| General & admin | $5.0M | $5.7M | −$702K | -12% |
| Other operating costs | $138M | $136M | $2.8M | +2% |
| Net earnings | $25.1M | $3.4M | $21.8M | +642% |
| Minority interests | $573K | $27K | $546K | 21× |
| Depreciation & amortization | $65.9M | $64.9M | $1.0M | +2% |
| Working capital & other | $9.8M | −$12.7M | $22.5M | — |
| Operating cash flow | $81.2M | $80.9M | $275K | +0.3% |
| Free cash flow (OCF − capex) | $79.6M | $78.7M | $925K | +1% |
| Capital expenditures | $1.5M | $2.2M | −$650K | -30% |
Questions
How much did Independence Realty Trust's revenue grow quarter over quarter in Q3 2026?
Independence Realty Trust's revenue rose $4.9M (+3%) from $167M in Q2 2026 to $172M in Q3 2026. Operating margin 16.7% against 15.5% (+1.2 pts).