INDEPENDENCE REALTY TRUST, INC.IRTEarnings & Financial Report
Brandywine Realty Trust is a Philadelphia-based real estate investment trust (REIT) that invests in office buildings in Philadelphia, Washington, D.C., and Austin, Texas.
Revenue
$167.1M
Gross Profit
N/A
Operating Profit
N/A
Net Profit
$6.9M
Gross Margin
N/A
Operating Margin
N/A
Net Margin
4.1%
YoY Growth
4.4%
EPS
$0.03
INDEPENDENCE REALTY TRUST, INC. Q3 FY2025 Financial Summary
INDEPENDENCE REALTY TRUST, INC. reported revenue of $167.1M (up 4.4% YoY) for Q3 FY2025, with a net profit of $6.9M (down 44.3% YoY) (4.1% margin).
Key Financial Metrics
| Total Revenue | $167.1M |
|---|---|
| Net Profit | $6.9M |
| Gross Margin | N/A |
| Operating Margin | N/A |
| Report Period | Q3 FY2025 |
Revenue Breakdown
INDEPENDENCE REALTY TRUST, INC. Q3 FY2025 revenue of $167.1M breaks down across 2 segments, led by Same Store at $150.6M (90.1% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Same Store | $150.6M | 90.1% |
| Nonsame Store | $16.3M | 9.8% |
INDEPENDENCE REALTY TRUST, INC. Revenue by Segment — Quarterly Trend
INDEPENDENCE REALTY TRUST, INC. revenue by segment across the last 4 reported quarters, showing how each business line (such as Same Store and Nonsame Store) has evolved quarter over quarter.
| Segment | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 |
|---|---|---|---|---|
| Same Store | — | — | $150.6M | $148.1M |
| Nonsame Store | — | — | $16.3M | $13.8M |
INDEPENDENCE REALTY TRUST, INC. Annual Revenue by Year
INDEPENDENCE REALTY TRUST, INC. annual revenue history includes year-by-year totals (for example, 2025 revenue was $657.7M).
| Year | Annual Revenue |
|---|---|
| 2025 | $657.7M |
| 2024 | $640.0M |
| 2023 | $661.0M |
| 2022 | $628.5M |
INDEPENDENCE REALTY TRUST, INC. Quarterly Revenue & Net Profit History
INDEPENDENCE REALTY TRUST, INC. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $165.3M | +2.5% | N/A | N/A |
| Q4 FY2025 | $167.1M | +3.8% | $33.3M | 19.9% |
| Q3 FY2025 | $167.1M | +4.4% | $6.9M | 4.1% |
| Q2 FY2025 | $162.2M | +2.4% | $8.0M | 5.0% |
| Q1 FY2025 | $161.2M | +0.4% | $8.4M | 5.2% |
| Q4 FY2024 | $161.0M | -3.6% | $-1.0M | -0.6% |
| Q3 FY2024 | $160.1M | -5.0% | $12.4M | 7.7% |
| Q2 FY2024 | $158.4M | -3.4% | $10.4M | 6.5% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $158.4M | $160.1M | $161.0M | $161.2M | $162.2M | $167.1M | $167.1M | $165.3M |
| YoY Growth | -3.4% | -5.0% | -3.6% | 0.4% | 2.4% | 4.4% | 3.8% | 2.5% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $5.94B | $5.95B | $6.06B | $5.98B | $5.96B | $6.09B | $6.02B | $6.10B |
| Liabilities | $2.41B | $2.46B | $2.48B | $2.40B | $2.41B | $2.48B | $2.43B | $2.58B |
| Equity | $3.40B | $3.36B | $3.44B | $3.46B | $3.42B | $3.49B | $3.46B | $3.39B |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $83.0M | $69.2M | $259.8M | $60.4M | $82.2M | $79.3M | $282.1M |