Filing Flows › Independence Realty Trust (IRT) › How it makes money
How Independence Realty Trust (IRT) makes money
Independence Realty Trust (IRT) made $172M of revenue in the third quarter 2026 (Q3 2026), +3% from a year earlier. Of every dollar of revenue, 17¢ was left as operating profit, 15¢ was left as net earnings.
Drawing the Sankey…
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $172M | 100.0% |
| Operating profit | $28.8M | 16.7% |
| Net earnings | $25.1M | 14.6% |
| Operating cash flow | $81.2M | 47.2% |
| Free cash flow | $79.6M | 46.3% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $172M | +3% |
| Q2 2026 | $167M | +3% |
| Q1 2026 | $165M | +2% |
| Q4 2025 | $167M | +4% |
| Q3 2025 | $167M | +4% |
| Q2 2025 | $162M | +2% |
| Q1 2025 | $161M | +0.4% |
From Independence Realty Trust's 10-Q filed Nov 3, 2026 (on EDGAR).
Questions
How does Independence Realty Trust make money?
Independence Realty Trust (IRT) made $172M of revenue in the third quarter 2026 (Q3 2026), +3% from a year earlier. Of every dollar of revenue, 17¢ was left as operating profit, 15¢ was left as net earnings.
What is Independence Realty Trust's profit margin?
Net earnings were $25.1M, 14.6% of revenue, in the third quarter 2026; the operating margin was 16.7%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.