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Side-by-side financial comparison of INDEPENDENCE REALTY TRUST, INC. (IRT) and Nutex Health, Inc. (NUTX). 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 $151.7M, roughly 1.1× Nutex Health, Inc.). On growth, INDEPENDENCE REALTY TRUST, INC. posted the faster year-over-year revenue change (2.5% vs -41.1%). Over the past eight quarters, Nutex Health, Inc.'s revenue compounded faster (50.0% 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.
Nutex Health Inc. is an American for-profit health care company and operator of healthcare facilities headquartered in Houston, Texas.
IRT vs NUTX — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $165.3M | $151.7M |
| Net Profit | — | $11.8M |
| Gross Margin | — | 30.4% |
| Operating Margin | — | 20.4% |
| Net Margin | — | 7.8% |
| Revenue YoY | 2.5% | -41.1% |
| Net Profit YoY | — | -80.8% |
| EPS (diluted) | $0.00 | $2.34 |
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 | $167.1M | $151.7M | ||
| Q3 25 | $167.1M | $267.8M | ||
| Q2 25 | $162.2M | $244.0M | ||
| Q1 25 | $161.2M | $211.8M | ||
| Q4 24 | $161.0M | $257.6M | ||
| Q3 24 | $160.1M | $78.8M | ||
| Q2 24 | $158.4M | $76.1M |
| Q1 26 | — | — | ||
| Q4 25 | $33.3M | $11.8M | ||
| Q3 25 | $6.9M | $55.4M | ||
| Q2 25 | $8.0M | $-17.7M | ||
| Q1 25 | $8.4M | $21.2M | ||
| Q4 24 | $-1.0M | $61.6M | ||
| Q3 24 | $12.4M | $-8.8M | ||
| Q2 24 | $10.4M | $-364.0K |
| Q1 26 | — | — | ||
| Q4 25 | — | 30.4% | ||
| Q3 25 | — | 57.8% | ||
| Q2 25 | — | 51.2% | ||
| Q1 25 | — | 55.9% | ||
| Q4 24 | — | 55.0% | ||
| Q3 24 | — | 27.8% | ||
| Q2 24 | — | 29.7% |
| Q1 26 | — | — | ||
| Q4 25 | — | 20.4% | ||
| Q3 25 | — | 48.7% | ||
| Q2 25 | — | 13.8% | ||
| Q1 25 | — | 38.1% | ||
| Q4 24 | — | 44.4% | ||
| Q3 24 | — | 12.3% | ||
| Q2 24 | — | 7.0% |
| Q1 26 | — | — | ||
| Q4 25 | 19.9% | 7.8% | ||
| Q3 25 | 4.1% | 20.7% | ||
| Q2 25 | 5.0% | -7.3% | ||
| Q1 25 | 5.2% | 10.0% | ||
| Q4 24 | -0.6% | 23.9% | ||
| Q3 24 | 7.7% | -11.2% | ||
| Q2 24 | 6.5% | -0.5% |
| Q1 26 | $0.00 | — | ||
| Q4 25 | $0.14 | $2.34 | ||
| Q3 25 | $0.03 | $7.76 | ||
| Q2 25 | $0.03 | $-2.95 | ||
| Q1 25 | $0.04 | $3.33 | ||
| Q4 24 | $-0.01 | $11.56 | ||
| Q3 24 | $0.05 | $-1.72 | ||
| Q2 24 | $0.05 | $-0.07 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $23.3M | $185.6M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $3.4B | $329.4M |
| Total Assets | $6.1B | $918.5M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $23.3M | — | ||
| Q4 25 | $23.6M | $185.6M | ||
| Q3 25 | $23.3M | $166.0M | ||
| Q2 25 | $19.5M | $96.7M | ||
| Q1 25 | $29.1M | $84.7M | ||
| Q4 24 | $21.2M | $40.6M | ||
| Q3 24 | $17.6M | $46.9M | ||
| Q2 24 | $21.0M | $40.8M |
| 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 | $3.4B | — | ||
| Q4 25 | $3.5B | $329.4M | ||
| Q3 25 | $3.5B | $317.2M | ||
| Q2 25 | $3.4B | $235.3M | ||
| Q1 25 | $3.5B | $176.9M | ||
| Q4 24 | $3.4B | $132.4M | ||
| Q3 24 | $3.4B | $60.4M | ||
| Q2 24 | $3.4B | $62.7M |
| Q1 26 | $6.1B | — | ||
| Q4 25 | $6.0B | $918.5M | ||
| Q3 25 | $6.1B | $964.5M | ||
| Q2 25 | $6.0B | $841.0M | ||
| Q1 25 | $6.0B | $761.9M | ||
| Q4 24 | $6.1B | $655.3M | ||
| Q3 24 | $5.9B | $438.5M | ||
| Q2 24 | $5.9B | $422.4M |
| 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 | — | $70.4M |
| Free Cash FlowOCF − Capex | — | $69.0M |
| FCF MarginFCF / Revenue | — | 45.5% |
| Capex IntensityCapex / Revenue | — | 0.9% |
| Cash ConversionOCF / Net Profit | — | 5.95× |
| TTM Free Cash FlowTrailing 4 quarters | — | $245.6M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $282.1M | $70.4M | ||
| Q3 25 | $79.3M | $99.5M | ||
| Q2 25 | $82.2M | $27.3M | ||
| Q1 25 | $60.4M | $51.0M | ||
| Q4 24 | $259.8M | $54.0K | ||
| Q3 24 | $69.2M | $6.8M | ||
| Q2 24 | $83.0M | $13.3M |
| Q1 26 | — | — | ||
| Q4 25 | — | $69.0M | ||
| Q3 25 | — | $99.2M | ||
| Q2 25 | — | $26.5M | ||
| Q1 25 | — | $50.9M | ||
| Q4 24 | — | $-341.0K | ||
| Q3 24 | — | $6.2M | ||
| Q2 24 | — | $12.7M |
| Q1 26 | — | — | ||
| Q4 25 | — | 45.5% | ||
| Q3 25 | — | 37.0% | ||
| Q2 25 | — | 10.9% | ||
| Q1 25 | — | 24.0% | ||
| Q4 24 | — | -0.1% | ||
| Q3 24 | — | 7.8% | ||
| Q2 24 | — | 16.7% |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.9% | ||
| Q3 25 | — | 0.1% | ||
| Q2 25 | — | 0.3% | ||
| Q1 25 | — | 0.0% | ||
| Q4 24 | — | 0.2% | ||
| Q3 24 | — | 0.8% | ||
| Q2 24 | — | 0.7% |
| Q1 26 | — | — | ||
| Q4 25 | 8.48× | 5.95× | ||
| Q3 25 | 11.51× | 1.80× | ||
| Q2 25 | 10.22× | — | ||
| Q1 25 | 7.23× | 2.40× | ||
| Q4 24 | — | 0.00× | ||
| 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
IRT
| Rental and other property revenue | $165.2M | 100% |
| Other revenue | $109.0K | 0% |
NUTX
| Hospital Division | $143.7M | 95% |
| Population Health Management Division | $8.0M | 5% |
