Independence Realty Trust, Inc. income statement
In fiscal 2025, Independence Realty Trust, Inc. reported revenue of $658m, up 2.8% on the year before and net income of $56.6m, or $0.24 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 9 | 17 | 20 | 49 | 110 | 153 | 161 | 191 | 203 | 212 | 250 | 629 | 661 | 640 | 658 | 667 |
| Cost of revenue | — | — | — | — | — | — | 5 | 6 | 7 | 8 | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | 149 | 155 | 184 | 195 | — | — | — | — | — | — | — |
| General and administrative | 0 | 1 | 1 | 1 | 1 | 8 | 11 | 10 | 11 | 13 | 15 | 19 | 26 | 23 | 24 | 24 | 24 |
| Operating income | 0 | 1 | 4 | 5 | 9 | 10 | 40 | 45 | 52 | — | — | — | — | — | — | — | — |
| Interest expense | 0 | 2 | 3 | 4 | 8 | 24 | 36 | 29 | 36 | 39 | 36 | 36 | 87 | 90 | 76 | 79 | 83 |
| Income before tax | 0 | −0 | 0 | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Income tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | 0 | −0 | −0 | 1 | 3 | 28 | −10 | 30 | 26 | 46 | 15 | 45 | 117 | −17 | 39 | 57 | 20 |
| Diluted EPS | $0.00 | −$0.04 | −$0.00 | $0.01 | $0.07 | $0.39 | −$0.10 | $0.20 | $0.15 | $0.26 | $0.08 | $0.20 | $0.53 | −$0.08 | $0.17 | $0.24 | $0.09 |
| Diluted shares (average) | 3m | 3m | 44m | 43m | 43m | 72m | 104m | 147m | 175m | 181m | 189m | 220m | 223m | 224m | 226m | 235m | 236m |
| EBITDA | 0 | 3 | 7 | 9 | 21 | 38 | 74 | 80 | 97 | — | — | — | — | — | — | — | — |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 160 | 161 | 161 | 162 | 167 | 167 | 165 | 167 |
| General and administrative | 5 | 5 | 8 | 6 | 5 | 5 | 9 | 6 |
| Interest expense | 18 | 20 | 19 | 19 | 20 | 20 | 21 | 22 |
| Income tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | 12 | −1 | 8 | 8 | 7 | 10 | −0 | 3 |
| Diluted EPS | $0.05 | $0.00 | $0.04 | $0.03 | $0.03 | $0.04 | $0.00 | $0.01 |
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