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

Orion Group Holdings Inc is the larger business by last-quarter revenue ($216.3M vs $165.3M, roughly 1.3× INDEPENDENCE REALTY TRUST, INC.). On growth, Orion Group Holdings Inc posted the faster year-over-year revenue change (14.6% vs 2.5%). Over the past eight quarters, Orion Group Holdings Inc's revenue compounded faster (6.1% 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.

Orion Corporation, founded in 1917 and headquartered at Espoo, Finland, is a globally operating Finnish company which develops, manufactures and markets human and veterinary pharmaceuticals and active pharmaceutical ingredients for global markets. All of the company's manufacturing sites and the majority of its R&D units are in Finland.

IRT vs ORN — Head-to-Head

Bigger by revenue
ORN
ORN
1.3× larger
ORN
$216.3M
$165.3M
IRT
Growing faster (revenue YoY)
ORN
ORN
+12.1% gap
ORN
14.6%
2.5%
IRT
Faster 2-yr revenue CAGR
ORN
ORN
Annualised
ORN
6.1%
2.2%
IRT

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
IRT
IRT
ORN
ORN
Revenue
$165.3M
$216.3M
Net Profit
$4.7M
Gross Margin
12.0%
Operating Margin
Net Margin
2.2%
Revenue YoY
2.5%
14.6%
Net Profit YoY
435.7%
EPS (diluted)
$0.00
$0.12

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
IRT
IRT
ORN
ORN
Q1 26
$165.3M
$216.3M
Q4 25
$167.1M
$233.2M
Q3 25
$167.1M
$225.1M
Q2 25
$162.2M
$205.3M
Q1 25
$161.2M
$188.7M
Q4 24
$161.0M
$216.9M
Q3 24
$160.1M
$226.7M
Q2 24
$158.4M
$192.2M
Net Profit
IRT
IRT
ORN
ORN
Q1 26
$4.7M
Q4 25
$33.3M
$-240.0K
Q3 25
$6.9M
$3.3M
Q2 25
$8.0M
$841.0K
Q1 25
$8.4M
$-1.4M
Q4 24
$-1.0M
$6.8M
Q3 24
$12.4M
$4.3M
Q2 24
$10.4M
$-6.6M
Gross Margin
IRT
IRT
ORN
ORN
Q1 26
12.0%
Q4 25
11.6%
Q3 25
13.2%
Q2 25
12.6%
Q1 25
12.2%
Q4 24
14.0%
Q3 24
11.9%
Q2 24
9.5%
Operating Margin
IRT
IRT
ORN
ORN
Q1 26
Q4 25
2.2%
Q3 25
2.4%
Q2 25
1.7%
Q1 25
0.4%
Q4 24
4.4%
Q3 24
3.4%
Q2 24
-1.4%
Net Margin
IRT
IRT
ORN
ORN
Q1 26
2.2%
Q4 25
19.9%
-0.1%
Q3 25
4.1%
1.5%
Q2 25
5.0%
0.4%
Q1 25
5.2%
-0.7%
Q4 24
-0.6%
3.1%
Q3 24
7.7%
1.9%
Q2 24
6.5%
-3.4%
EPS (diluted)
IRT
IRT
ORN
ORN
Q1 26
$0.00
$0.12
Q4 25
$0.14
$-0.00
Q3 25
$0.03
$0.08
Q2 25
$0.03
$0.02
Q1 25
$0.04
$-0.04
Q4 24
$-0.01
$0.22
Q3 24
$0.05
$0.12
Q2 24
$0.05
$-0.20

Balance Sheet & Financial Strength

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

Metric
IRT
IRT
ORN
ORN
Cash + ST InvestmentsLiquidity on hand
$23.3M
$6.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$3.4B
$166.7M
Total Assets
$6.1B
$478.7M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IRT
IRT
ORN
ORN
Q1 26
$23.3M
$6.3M
Q4 25
$23.6M
$1.6M
Q3 25
$23.3M
$4.9M
Q2 25
$19.5M
$1.7M
Q1 25
$29.1M
$13.0M
Q4 24
$21.2M
$28.3M
Q3 24
$17.6M
$28.3M
Q2 24
$21.0M
$4.8M
Total Debt
IRT
IRT
ORN
ORN
Q1 26
Q4 25
$2.3B
Q3 25
$2.3B
Q2 25
$2.2B
$33.4M
Q1 25
$2.3B
$23.3M
Q4 24
$2.3B
$23.2M
Q3 24
$2.3B
$28.0M
Q2 24
$2.3B
$60.3M
Stockholders' Equity
IRT
IRT
ORN
ORN
Q1 26
$3.4B
$166.7M
Q4 25
$3.5B
$159.0M
Q3 25
$3.5B
$157.9M
Q2 25
$3.4B
$153.2M
Q1 25
$3.5B
$150.8M
Q4 24
$3.4B
$150.7M
Q3 24
$3.4B
$142.4M
Q2 24
$3.4B
$111.1M
Total Assets
IRT
IRT
ORN
ORN
Q1 26
$6.1B
$478.7M
Q4 25
$6.0B
$414.7M
Q3 25
$6.1B
$422.4M
Q2 25
$6.0B
$432.7M
Q1 25
$6.0B
$416.3M
Q4 24
$6.1B
$417.3M
Q3 24
$5.9B
$430.3M
Q2 24
$5.9B
$414.0M
Debt / Equity
IRT
IRT
ORN
ORN
Q1 26
Q4 25
0.66×
Q3 25
0.66×
Q2 25
0.66×
0.22×
Q1 25
0.65×
0.15×
Q4 24
0.68×
0.15×
Q3 24
0.68×
0.20×
Q2 24
0.66×
0.54×

Financial Flow Comparison

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

Revenue Breakdown by Segment

IRT
IRT

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

ORN
ORN

Segment breakdown not available.

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