Filing Flows › Independence Realty Trust (IRT) › Q3 2026 › vs Q3 2025
Independence Realty Trust (IRT) Q3 2026 vs Q3 2025 (year over year)
Independence Realty Trust's revenue rose $5.0M (+3%) from $167M in Q3 2025 to $172M in Q3 2026. Operating margin 16.7% against 18.2% (-1.5 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 Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Operating margin | 16.7% | 18.2% | -1.5 pts |
| Net margin | 14.6% | 4.1% | +10.5 pts |
| Free cash flow margin | 46.3% | 45.1% | +1.2 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $172M | $167M | $5.0M | +3% |
| Operating profit | $28.8M | $30.5M | −$1.7M | -6% |
| Costs & expenses | $143M | $137M | $6.7M | +5% |
| Pre-tax earnings | $25.7M | $7.0M | $18.7M | +268% |
| Other expense, net | $3.0M | $23.5M | −$20.5M | -87% |
| General & admin | $5.0M | $4.9M | $78K | +2% |
| Other operating costs | $138M | $132M | $6.6M | +5% |
| Net earnings | $25.1M | $6.9M | $18.3M | +265% |
| Minority interests | $573K | $102K | $471K | +462% |
| Depreciation & amortization | $65.9M | $61.7M | $4.1M | +7% |
| Working capital & other | $9.8M | −$10.7M | $20.5M | — |
| Operating cash flow | $81.2M | $79.3M | $1.8M | +2% |
| Free cash flow (OCF − capex) | $79.6M | $75.3M | $4.3M | +6% |
| Capital expenditures | $1.5M | $4.0M | −$2.5M | -62% |
Questions
How much did Independence Realty Trust's revenue grow year over year in Q3 2026?
Independence Realty Trust's revenue rose $5.0M (+3%) from $167M in Q3 2025 to $172M in Q3 2026. Operating margin 16.7% against 18.2% (-1.5 pts).