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Side-by-side financial comparison of Claritev Corp (CTEV) and INDEPENDENCE REALTY TRUST, INC. (IRT). Click either name above to swap in a different company.
Claritev Corp is the larger business by last-quarter revenue ($246.6M vs $165.3M, roughly 1.5× INDEPENDENCE REALTY TRUST, INC.). On growth, Claritev Corp posted the faster year-over-year revenue change (6.2% vs 2.5%). Over the past eight quarters, Claritev Corp's revenue compounded faster (2.5% CAGR vs 2.2%).
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.
CTEV vs IRT — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $246.6M | $165.3M |
| Net Profit | $-80.6M | — |
| Gross Margin | — | — |
| Operating Margin | -3.1% | — |
| Net Margin | -32.7% | — |
| Revenue YoY | 6.2% | 2.5% |
| Net Profit YoY | 41.6% | — |
| EPS (diluted) | $-4.88 | $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 | — | $165.3M | ||
| Q4 25 | $246.6M | $167.1M | ||
| Q3 25 | $246.0M | $167.1M | ||
| Q2 25 | $241.6M | $162.2M | ||
| Q1 25 | $231.3M | $161.2M | ||
| Q4 24 | $232.1M | $161.0M | ||
| Q3 24 | $230.5M | $160.1M | ||
| Q2 24 | $233.5M | $158.4M |
| Q1 26 | — | — | ||
| Q4 25 | $-80.6M | $33.3M | ||
| Q3 25 | $-69.8M | $6.9M | ||
| Q2 25 | $-62.6M | $8.0M | ||
| Q1 25 | $-71.3M | $8.4M | ||
| Q4 24 | $-138.0M | $-1.0M | ||
| Q3 24 | $-391.4M | $12.4M | ||
| Q2 24 | $-576.7M | $10.4M |
| Q1 26 | — | — | ||
| Q4 25 | -3.1% | — | ||
| Q3 25 | 4.1% | — | ||
| Q2 25 | 6.9% | — | ||
| Q1 25 | 4.2% | — | ||
| Q4 24 | -17.8% | — | ||
| Q3 24 | -146.7% | — | ||
| Q2 24 | -224.4% | — |
| Q1 26 | — | — | ||
| Q4 25 | -32.7% | 19.9% | ||
| Q3 25 | -28.4% | 4.1% | ||
| Q2 25 | -25.9% | 5.0% | ||
| Q1 25 | -30.8% | 5.2% | ||
| Q4 24 | -59.4% | -0.6% | ||
| Q3 24 | -169.8% | 7.7% | ||
| Q2 24 | -247.0% | 6.5% |
| Q1 26 | — | $0.00 | ||
| Q4 25 | $-4.88 | $0.14 | ||
| Q3 25 | $-4.23 | $0.03 | ||
| Q2 25 | $-3.81 | $0.03 | ||
| Q1 25 | $-4.38 | $0.04 | ||
| Q4 24 | $-8.49 | $-0.01 | ||
| Q3 24 | $-24.25 | $0.05 | ||
| Q2 24 | $-35.78 | $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 | $16.8M | $23.3M |
| Total DebtLower is stronger | $4.6B | — |
| Stockholders' EquityBook value | $-173.9M | $3.4B |
| Total Assets | $4.9B | $6.1B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $23.3M | ||
| Q4 25 | $16.8M | $23.6M | ||
| Q3 25 | $39.2M | $23.3M | ||
| Q2 25 | $56.4M | $19.5M | ||
| Q1 25 | $23.1M | $29.1M | ||
| Q4 24 | $16.8M | $21.2M | ||
| Q3 24 | $86.6M | $17.6M | ||
| Q2 24 | $48.8M | $21.0M |
| Q1 26 | — | — | ||
| Q4 25 | $4.6B | $2.3B | ||
| Q3 25 | $4.5B | $2.3B | ||
| Q2 25 | $4.5B | $2.2B | ||
| Q1 25 | $4.5B | $2.3B | ||
| Q4 24 | $4.5B | $2.3B | ||
| Q3 24 | $4.5B | $2.3B | ||
| Q2 24 | $4.5B | $2.3B |
| Q1 26 | — | $3.4B | ||
| Q4 25 | $-173.9M | $3.5B | ||
| Q3 25 | $-101.8M | $3.5B | ||
| Q2 25 | $-39.9M | $3.4B | ||
| Q1 25 | $14.8M | $3.5B | ||
| Q4 24 | $84.0M | $3.4B | ||
| Q3 24 | $207.6M | $3.4B | ||
| Q2 24 | $603.4M | $3.4B |
| Q1 26 | — | $6.1B | ||
| Q4 25 | $4.9B | $6.0B | ||
| Q3 25 | $5.0B | $6.1B | ||
| Q2 25 | $5.1B | $6.0B | ||
| Q1 25 | $5.1B | $6.0B | ||
| Q4 24 | $5.2B | $6.1B | ||
| Q3 24 | $5.3B | $5.9B | ||
| Q2 24 | $5.7B | $5.9B |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.66× | ||
| Q3 25 | — | 0.66× | ||
| Q2 25 | — | 0.66× | ||
| Q1 25 | 304.87× | 0.65× | ||
| Q4 24 | 53.67× | 0.68× | ||
| Q3 24 | 21.73× | 0.68× | ||
| Q2 24 | 7.48× | 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 | $66.3M | — |
| Free Cash FlowOCF − Capex | $36.4M | — |
| FCF MarginFCF / Revenue | 14.8% | — |
| Capex IntensityCapex / Revenue | 12.1% | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-12.3M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $66.3M | $282.1M | ||
| Q3 25 | $19.9M | $79.3M | ||
| Q2 25 | $61.2M | $82.2M | ||
| Q1 25 | $-30.1M | $60.4M | ||
| Q4 24 | $-33.4M | $259.8M | ||
| Q3 24 | $72.8M | $69.2M | ||
| Q2 24 | $18.5M | $83.0M |
| Q1 26 | — | — | ||
| Q4 25 | $36.4M | — | ||
| Q3 25 | $-16.3M | — | ||
| Q2 25 | $36.6M | — | ||
| Q1 25 | $-68.9M | — | ||
| Q4 24 | $-63.8M | — | ||
| Q3 24 | $41.1M | — | ||
| Q2 24 | $-7.0M | — |
| Q1 26 | — | — | ||
| Q4 25 | 14.8% | — | ||
| Q3 25 | -6.6% | — | ||
| Q2 25 | 15.2% | — | ||
| Q1 25 | -29.8% | — | ||
| Q4 24 | -27.5% | — | ||
| Q3 24 | 17.8% | — | ||
| Q2 24 | -3.0% | — |
| Q1 26 | — | — | ||
| Q4 25 | 12.1% | — | ||
| Q3 25 | 14.7% | — | ||
| Q2 25 | 10.2% | — | ||
| Q1 25 | 16.8% | — | ||
| Q4 24 | 13.1% | — | ||
| Q3 24 | 13.8% | — | ||
| Q2 24 | 10.9% | — |
| Q1 26 | — | — | ||
| Q4 25 | — | 8.48× | ||
| Q3 25 | — | 11.51× | ||
| Q2 25 | — | 10.22× | ||
| Q1 25 | — | 7.23× | ||
| Q4 24 | — | — | ||
| 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
CTEV
Segment breakdown not available.
IRT
| Rental and other property revenue | $165.2M | 100% |
| Other revenue | $109.0K | 0% |
