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Side-by-side financial comparison of Certara, Inc. (CERT) and INDEPENDENCE REALTY TRUST, INC. (IRT). Click either name above to swap in a different company.

INDEPENDENCE REALTY TRUST, INC. is the larger business by last-quarter revenue ($165.3M vs $103.6M, roughly 1.6× Certara, Inc.). On growth, Certara, Inc. posted the faster year-over-year revenue change (3.3% vs 2.5%). Over the past eight quarters, Certara, Inc.'s revenue compounded faster (3.6% CAGR vs 2.2%).

Certara is a global leader in biopharmaceutical software and consulting services, specializing in modeling, simulation, and regulatory science solutions. It serves pharmaceutical companies, biotech firms and healthcare stakeholders across all drug development stages, helping accelerate new therapy launches, lower R&D risks and cut overall development costs.

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.

CERT vs IRT — Head-to-Head

Bigger by revenue
IRT
IRT
1.6× larger
IRT
$165.3M
$103.6M
CERT
Growing faster (revenue YoY)
CERT
CERT
+0.7% gap
CERT
3.3%
2.5%
IRT
Faster 2-yr revenue CAGR
CERT
CERT
Annualised
CERT
3.6%
2.2%
IRT

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
CERT
CERT
IRT
IRT
Revenue
$103.6M
$165.3M
Net Profit
$-5.9M
Gross Margin
Operating Margin
0.8%
Net Margin
-5.7%
Revenue YoY
3.3%
2.5%
Net Profit YoY
-189.6%
EPS (diluted)
$-0.04
$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.

Revenue
CERT
CERT
IRT
IRT
Q1 26
$165.3M
Q4 25
$103.6M
$167.1M
Q3 25
$104.6M
$167.1M
Q2 25
$104.6M
$162.2M
Q1 25
$106.0M
$161.2M
Q4 24
$100.4M
$161.0M
Q3 24
$94.8M
$160.1M
Q2 24
$93.3M
$158.4M
Net Profit
CERT
CERT
IRT
IRT
Q1 26
Q4 25
$-5.9M
$33.3M
Q3 25
$1.5M
$6.9M
Q2 25
$-2.0M
$8.0M
Q1 25
$4.7M
$8.4M
Q4 24
$6.6M
$-1.0M
Q3 24
$-1.4M
$12.4M
Q2 24
$-12.6M
$10.4M
Operating Margin
CERT
CERT
IRT
IRT
Q1 26
Q4 25
0.8%
Q3 25
2.9%
Q2 25
9.1%
Q1 25
7.2%
Q4 24
6.0%
Q3 24
2.7%
Q2 24
-9.7%
Net Margin
CERT
CERT
IRT
IRT
Q1 26
Q4 25
-5.7%
19.9%
Q3 25
1.5%
4.1%
Q2 25
-1.9%
5.0%
Q1 25
4.5%
5.2%
Q4 24
6.6%
-0.6%
Q3 24
-1.4%
7.7%
Q2 24
-13.5%
6.5%
EPS (diluted)
CERT
CERT
IRT
IRT
Q1 26
$0.00
Q4 25
$-0.04
$0.14
Q3 25
$0.01
$0.03
Q2 25
$-0.01
$0.03
Q1 25
$0.03
$0.04
Q4 24
$0.04
$-0.01
Q3 24
$-0.01
$0.05
Q2 24
$-0.08
$0.05

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CERT
CERT
IRT
IRT
Cash + ST InvestmentsLiquidity on hand
$189.4M
$23.3M
Total DebtLower is stronger
$293.1M
Stockholders' EquityBook value
$1.1B
$3.4B
Total Assets
$1.6B
$6.1B
Debt / EquityLower = less leverage
0.28×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CERT
CERT
IRT
IRT
Q1 26
$23.3M
Q4 25
$189.4M
$23.6M
Q3 25
$172.7M
$23.3M
Q2 25
$162.3M
$19.5M
Q1 25
$179.1M
$29.1M
Q4 24
$179.2M
$21.2M
Q3 24
$233.0M
$17.6M
Q2 24
$224.6M
$21.0M
Total Debt
CERT
CERT
IRT
IRT
Q1 26
Q4 25
$293.1M
$2.3B
Q3 25
$293.5M
$2.3B
Q2 25
$294.2M
$2.2B
Q1 25
$294.8M
$2.3B
Q4 24
$295.4M
$2.3B
Q3 24
$296.1M
$2.3B
Q2 24
$296.7M
$2.3B
Stockholders' Equity
CERT
CERT
IRT
IRT
Q1 26
$3.4B
Q4 25
$1.1B
$3.5B
Q3 25
$1.1B
$3.5B
Q2 25
$1.1B
$3.4B
Q1 25
$1.1B
$3.5B
Q4 24
$1.1B
$3.4B
Q3 24
$1.1B
$3.4B
Q2 24
$1.0B
$3.4B
Total Assets
CERT
CERT
IRT
IRT
Q1 26
$6.1B
Q4 25
$1.6B
$6.0B
Q3 25
$1.5B
$6.1B
Q2 25
$1.5B
$6.0B
Q1 25
$1.6B
$6.0B
Q4 24
$1.6B
$6.1B
Q3 24
$1.5B
$5.9B
Q2 24
$1.5B
$5.9B
Debt / Equity
CERT
CERT
IRT
IRT
Q1 26
Q4 25
0.28×
0.66×
Q3 25
0.28×
0.66×
Q2 25
0.27×
0.66×
Q1 25
0.27×
0.65×
Q4 24
0.28×
0.68×
Q3 24
0.28×
0.68×
Q2 24
0.28×
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
CERT
CERT
IRT
IRT
Operating Cash FlowLast quarter
$28.8M
Free Cash FlowOCF − Capex
$27.8M
FCF MarginFCF / Revenue
26.8%
Capex IntensityCapex / Revenue
1.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$94.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CERT
CERT
IRT
IRT
Q1 26
Q4 25
$28.8M
$282.1M
Q3 25
$32.3M
$79.3M
Q2 25
$17.8M
$82.2M
Q1 25
$17.4M
$60.4M
Q4 24
$49.4M
$259.8M
Q3 24
$17.0M
$69.2M
Q2 24
$9.8M
$83.0M
Free Cash Flow
CERT
CERT
IRT
IRT
Q1 26
Q4 25
$27.8M
Q3 25
$32.1M
Q2 25
$17.8M
Q1 25
$16.8M
Q4 24
$49.0M
Q3 24
$16.8M
Q2 24
$9.4M
FCF Margin
CERT
CERT
IRT
IRT
Q1 26
Q4 25
26.8%
Q3 25
30.7%
Q2 25
17.0%
Q1 25
15.8%
Q4 24
48.8%
Q3 24
17.7%
Q2 24
10.1%
Capex Intensity
CERT
CERT
IRT
IRT
Q1 26
Q4 25
1.0%
Q3 25
0.2%
Q2 25
0.1%
Q1 25
0.6%
Q4 24
0.4%
Q3 24
0.2%
Q2 24
0.5%
Cash Conversion
CERT
CERT
IRT
IRT
Q1 26
Q4 25
8.48×
Q3 25
21.19×
11.51×
Q2 25
10.22×
Q1 25
3.66×
7.23×
Q4 24
7.51×
Q3 24
5.60×
Q2 24
8.02×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CERT
CERT

Segment breakdown not available.

IRT
IRT

Rental and other property revenue$165.2M100%
Other revenue$109.0K0%

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