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Side-by-side financial comparison of BALCHEM CORP (BCPC) and INDEPENDENCE REALTY TRUST, INC. (IRT). Click either name above to swap in a different company.
BALCHEM CORP is the larger business by last-quarter revenue ($270.7M vs $165.3M, roughly 1.6× INDEPENDENCE REALTY TRUST, INC.). On growth, BALCHEM CORP posted the faster year-over-year revenue change (8.1% vs 2.5%). Over the past eight quarters, BALCHEM CORP's revenue compounded faster (7.5% CAGR vs 2.2%).
Balchem Corp is a global specialty chemicals and nutritional ingredients provider that develops, manufactures and distributes application-specific products for human nutrition, animal health, pharmaceutical and industrial end markets, serving customers across North America, Europe and Asia Pacific.
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.
BCPC vs IRT — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $270.7M | $165.3M |
| Net Profit | $40.3M | — |
| Gross Margin | — | — |
| Operating Margin | 20.5% | — |
| Net Margin | 14.9% | — |
| Revenue YoY | 8.1% | 2.5% |
| Net Profit YoY | 8.7% | — |
| EPS (diluted) | $1.25 | $0.00 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $270.7M | $165.3M | ||
| Q4 25 | $263.6M | $167.1M | ||
| Q3 25 | $267.6M | $167.1M | ||
| Q2 25 | $255.5M | $162.2M | ||
| Q1 25 | $250.5M | $161.2M | ||
| Q4 24 | $240.0M | $161.0M | ||
| Q3 24 | $239.9M | $160.1M | ||
| Q2 24 | $234.1M | $158.4M |
| Q1 26 | $40.3M | — | ||
| Q4 25 | $39.2M | $33.3M | ||
| Q3 25 | $40.3M | $6.9M | ||
| Q2 25 | $38.3M | $8.0M | ||
| Q1 25 | $37.1M | $8.4M | ||
| Q4 24 | $33.6M | $-1.0M | ||
| Q3 24 | $33.8M | $12.4M | ||
| Q2 24 | $32.1M | $10.4M |
| Q1 26 | — | — | ||
| Q4 25 | 35.6% | — | ||
| Q3 25 | 35.7% | — | ||
| Q2 25 | 36.4% | — | ||
| Q1 25 | 35.2% | — | ||
| Q4 24 | 36.0% | — | ||
| Q3 24 | 35.6% | — | ||
| Q2 24 | 35.5% | — |
| Q1 26 | 20.5% | — | ||
| Q4 25 | 19.8% | — | ||
| Q3 25 | 20.4% | — | ||
| Q2 25 | 20.1% | — | ||
| Q1 25 | 20.4% | — | ||
| Q4 24 | 19.8% | — | ||
| Q3 24 | 20.0% | — | ||
| Q2 24 | 19.6% | — |
| Q1 26 | 14.9% | — | ||
| Q4 25 | 14.9% | 19.9% | ||
| Q3 25 | 15.1% | 4.1% | ||
| Q2 25 | 15.0% | 5.0% | ||
| Q1 25 | 14.8% | 5.2% | ||
| Q4 24 | 14.0% | -0.6% | ||
| Q3 24 | 14.1% | 7.7% | ||
| Q2 24 | 13.7% | 6.5% |
| Q1 26 | $1.25 | $0.00 | ||
| Q4 25 | $1.21 | $0.14 | ||
| Q3 25 | $1.24 | $0.03 | ||
| Q2 25 | $1.17 | $0.03 | ||
| Q1 25 | $1.13 | $0.04 | ||
| Q4 24 | $1.03 | $-0.01 | ||
| Q3 24 | $1.03 | $0.05 | ||
| Q2 24 | $0.98 | $0.05 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $72.9M | $23.3M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $1.3B | $3.4B |
| Total Assets | $1.7B | $6.1B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $72.9M | $23.3M | ||
| Q4 25 | $74.6M | $23.6M | ||
| Q3 25 | $65.1M | $23.3M | ||
| Q2 25 | $65.4M | $19.5M | ||
| Q1 25 | $49.9M | $29.1M | ||
| Q4 24 | $49.5M | $21.2M | ||
| Q3 24 | $73.7M | $17.6M | ||
| Q2 24 | $63.7M | $21.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | $2.3B | ||
| Q3 25 | — | $2.3B | ||
| Q2 25 | — | $2.2B | ||
| Q1 25 | — | $2.3B | ||
| Q4 24 | — | $2.3B | ||
| Q3 24 | — | $2.3B | ||
| Q2 24 | — | $2.3B |
| Q1 26 | $1.3B | $3.4B | ||
| Q4 25 | $1.3B | $3.5B | ||
| Q3 25 | $1.3B | $3.5B | ||
| Q2 25 | $1.3B | $3.4B | ||
| Q1 25 | $1.2B | $3.5B | ||
| Q4 24 | $1.1B | $3.4B | ||
| Q3 24 | $1.2B | $3.4B | ||
| Q2 24 | $1.1B | $3.4B |
| Q1 26 | $1.7B | $6.1B | ||
| Q4 25 | $1.7B | $6.0B | ||
| Q3 25 | $1.7B | $6.1B | ||
| Q2 25 | $1.7B | $6.0B | ||
| Q1 25 | $1.6B | $6.0B | ||
| Q4 24 | $1.6B | $6.1B | ||
| Q3 24 | $1.6B | $5.9B | ||
| Q2 24 | $1.6B | $5.9B |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.66× | ||
| Q3 25 | — | 0.66× | ||
| Q2 25 | — | 0.66× | ||
| Q1 25 | — | 0.65× | ||
| Q4 24 | — | 0.68× | ||
| Q3 24 | — | 0.68× | ||
| Q2 24 | — | 0.66× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $40.1M | — |
| Free Cash FlowOCF − Capex | $33.8M | — |
| FCF MarginFCF / Revenue | 12.5% | — |
| Capex IntensityCapex / Revenue | 2.3% | — |
| Cash ConversionOCF / Net Profit | 0.99× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $40.1M | — | ||
| Q4 25 | $67.3M | $282.1M | ||
| Q3 25 | $65.6M | $79.3M | ||
| Q2 25 | $47.3M | $82.2M | ||
| Q1 25 | $36.5M | $60.4M | ||
| Q4 24 | $52.3M | $259.8M | ||
| Q3 24 | $51.3M | $69.2M | ||
| Q2 24 | $45.0M | $83.0M |
| Q1 26 | $33.8M | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | 12.5% | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | 2.3% | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | 0.99× | — | ||
| Q4 25 | 1.72× | 8.48× | ||
| Q3 25 | 1.63× | 11.51× | ||
| Q2 25 | 1.23× | 10.22× | ||
| Q1 25 | 0.98× | 7.23× | ||
| Q4 24 | 1.56× | — | ||
| Q3 24 | 1.52× | 5.60× | ||
| Q2 24 | 1.40× | 8.02× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BCPC
Segment breakdown not available.
IRT
| Rental and other property revenue | $165.2M | 100% |
| Other revenue | $109.0K | 0% |
