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Side-by-side financial comparison of INDEPENDENCE REALTY TRUST, INC. (IRT) and PagerDuty, Inc. (PD). 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 $124.5M, roughly 1.3× PagerDuty, Inc.). On growth, PagerDuty, Inc. posted the faster year-over-year revenue change (4.7% vs 2.5%). Over the past eight quarters, PagerDuty, Inc.'s revenue compounded faster (5.9% 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.
PagerDuty, Inc. is an American cloud computing company specializing in a SaaS incident management platform for IT operations departments.
IRT vs PD — Head-to-Head
Income Statement — Q1 FY2026 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $165.3M | $124.5M |
| Net Profit | — | $161.6M |
| Gross Margin | — | 85.3% |
| Operating Margin | — | 6.5% |
| Net Margin | — | 129.7% |
| Revenue YoY | 2.5% | 4.7% |
| Net Profit YoY | — | 2827.7% |
| EPS (diluted) | $0.00 | $1.69 |
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 | $124.5M | ||
| Q3 25 | $167.1M | $123.4M | ||
| Q2 25 | $162.2M | $119.8M | ||
| Q1 25 | $161.2M | $121.4M | ||
| Q4 24 | $161.0M | $118.9M | ||
| Q3 24 | $160.1M | $115.9M | ||
| Q2 24 | $158.4M | $111.2M |
| Q1 26 | — | — | ||
| Q4 25 | $33.3M | $161.6M | ||
| Q3 25 | $6.9M | $9.6M | ||
| Q2 25 | $8.0M | $-7.2M | ||
| Q1 25 | $8.4M | $-8.8M | ||
| Q4 24 | $-1.0M | $-5.9M | ||
| Q3 24 | $12.4M | $-10.9M | ||
| Q2 24 | $10.4M | $-17.1M |
| Q1 26 | — | — | ||
| Q4 25 | — | 85.3% | ||
| Q3 25 | — | 84.6% | ||
| Q2 25 | — | 84.0% | ||
| Q1 25 | — | 83.6% | ||
| Q4 24 | — | 83.0% | ||
| Q3 24 | — | 82.7% | ||
| Q2 24 | — | 82.6% |
| Q1 26 | — | — | ||
| Q4 25 | — | 6.5% | ||
| Q3 25 | — | 2.9% | ||
| Q2 25 | — | -8.6% | ||
| Q1 25 | — | -9.6% | ||
| Q4 24 | — | -8.7% | ||
| Q3 24 | — | -13.8% | ||
| Q2 24 | — | -19.5% |
| Q1 26 | — | — | ||
| Q4 25 | 19.9% | 129.7% | ||
| Q3 25 | 4.1% | 7.8% | ||
| Q2 25 | 5.0% | -6.0% | ||
| Q1 25 | 5.2% | -7.2% | ||
| Q4 24 | -0.6% | -5.0% | ||
| Q3 24 | 7.7% | -9.4% | ||
| Q2 24 | 6.5% | -15.4% |
| Q1 26 | $0.00 | — | ||
| Q4 25 | $0.14 | $1.69 | ||
| Q3 25 | $0.03 | $0.10 | ||
| Q2 25 | $0.03 | $-0.07 | ||
| Q1 25 | $0.04 | $-0.12 | ||
| Q4 24 | $-0.01 | $-0.07 | ||
| Q3 24 | $0.05 | $-0.14 | ||
| Q2 24 | $0.05 | $-0.26 |
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 | $547.8M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $3.4B | $320.5M |
| Total Assets | $6.1B | $1.0B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $23.3M | — | ||
| Q4 25 | $23.6M | $547.8M | ||
| Q3 25 | $23.3M | $567.9M | ||
| Q2 25 | $19.5M | $597.1M | ||
| Q1 25 | $29.1M | $570.8M | ||
| Q4 24 | $21.2M | $542.2M | ||
| Q3 24 | $17.6M | $599.3M | ||
| Q2 24 | $21.0M | $592.8M |
| Q1 26 | — | — | ||
| Q4 25 | $2.3B | — | ||
| Q3 25 | $2.3B | — | ||
| Q2 25 | $2.2B | — | ||
| Q1 25 | $2.3B | $484.5M | ||
| Q4 24 | $2.3B | — | ||
| Q3 24 | $2.3B | — | ||
| Q2 24 | $2.3B | — |
| Q1 26 | $3.4B | — | ||
| Q4 25 | $3.5B | $320.5M | ||
| Q3 25 | $3.5B | $180.7M | ||
| Q2 25 | $3.4B | $145.7M | ||
| Q1 25 | $3.5B | $129.8M | ||
| Q4 24 | $3.4B | $111.6M | ||
| Q3 24 | $3.4B | $164.7M | ||
| Q2 24 | $3.4B | $174.0M |
| Q1 26 | $6.1B | — | ||
| Q4 25 | $6.0B | $1.0B | ||
| Q3 25 | $6.1B | $891.5M | ||
| Q2 25 | $6.0B | $926.8M | ||
| Q1 25 | $6.0B | $927.3M | ||
| Q4 24 | $6.1B | $866.8M | ||
| Q3 24 | $5.9B | $916.0M | ||
| Q2 24 | $5.9B | $924.0M |
| Q1 26 | — | — | ||
| Q4 25 | 0.66× | — | ||
| Q3 25 | 0.66× | — | ||
| Q2 25 | 0.66× | — | ||
| Q1 25 | 0.65× | 3.73× | ||
| 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 | — | $24.8M |
| Free Cash FlowOCF − Capex | — | $24.1M |
| FCF MarginFCF / Revenue | — | 19.3% |
| Capex IntensityCapex / Revenue | — | 0.6% |
| Cash ConversionOCF / Net Profit | — | 0.15× |
| TTM Free Cash FlowTrailing 4 quarters | — | $117.6M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $282.1M | $24.8M | ||
| Q3 25 | $79.3M | $34.0M | ||
| Q2 25 | $82.2M | $30.7M | ||
| Q1 25 | $60.4M | $31.4M | ||
| Q4 24 | $259.8M | $22.1M | ||
| Q3 24 | $69.2M | $35.8M | ||
| Q2 24 | $83.0M | $28.6M |
| Q1 26 | — | — | ||
| Q4 25 | — | $24.1M | ||
| Q3 25 | — | $33.1M | ||
| Q2 25 | — | $30.2M | ||
| Q1 25 | — | $30.3M | ||
| Q4 24 | — | $21.5M | ||
| Q3 24 | — | $35.1M | ||
| Q2 24 | — | $28.2M |
| Q1 26 | — | — | ||
| Q4 25 | — | 19.3% | ||
| Q3 25 | — | 26.8% | ||
| Q2 25 | — | 25.2% | ||
| Q1 25 | — | 24.9% | ||
| Q4 24 | — | 18.1% | ||
| Q3 24 | — | 30.3% | ||
| Q2 24 | — | 25.4% |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.6% | ||
| Q3 25 | — | 0.7% | ||
| Q2 25 | — | 0.4% | ||
| Q1 25 | — | 0.9% | ||
| Q4 24 | — | 0.5% | ||
| Q3 24 | — | 0.5% | ||
| Q2 24 | — | 0.4% |
| Q1 26 | — | — | ||
| Q4 25 | 8.48× | 0.15× | ||
| Q3 25 | 11.51× | 3.55× | ||
| 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
IRT
| Rental and other property revenue | $165.2M | 100% |
| Other revenue | $109.0K | 0% |
PD
| US | $88.8M | 71% |
| Non Us | $35.7M | 29% |
