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Side-by-side financial comparison of INDEPENDENCE REALTY TRUST, INC. (IRT) and POWER SOLUTIONS INTERNATIONAL, INC. (PSIX). Click either name above to swap in a different company.

POWER SOLUTIONS INTERNATIONAL, INC. is the larger business by last-quarter revenue ($191.2M vs $165.3M, roughly 1.2× INDEPENDENCE REALTY TRUST, INC.). On growth, POWER SOLUTIONS INTERNATIONAL, INC. posted the faster year-over-year revenue change (32.5% vs 2.5%). Over the past eight quarters, POWER SOLUTIONS INTERNATIONAL, INC.'s revenue compounded faster (41.7% 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.

Adani Energy Solutions Ltd, formerly known as Adani Transmission Ltd, is an electric power transmission and distribution company headquartered in Ahmedabad. As of April 2025, the company operates a cumulative transmission network of 26,696 circuit kilometers and is one of the largest private sector power transmission companies operating in India.

IRT vs PSIX — Head-to-Head

Bigger by revenue
PSIX
PSIX
1.2× larger
PSIX
$191.2M
$165.3M
IRT
Growing faster (revenue YoY)
PSIX
PSIX
+30.0% gap
PSIX
32.5%
2.5%
IRT
Faster 2-yr revenue CAGR
PSIX
PSIX
Annualised
PSIX
41.7%
2.2%
IRT

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
IRT
IRT
PSIX
PSIX
Revenue
$165.3M
$191.2M
Net Profit
$16.1M
Gross Margin
21.9%
Operating Margin
12.7%
Net Margin
8.4%
Revenue YoY
2.5%
32.5%
Net Profit YoY
-31.0%
EPS (diluted)
$0.00
$0.69

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.

Revenue
IRT
IRT
PSIX
PSIX
Q1 26
$165.3M
Q4 25
$167.1M
$191.2M
Q3 25
$167.1M
$203.8M
Q2 25
$162.2M
$191.9M
Q1 25
$161.2M
$135.4M
Q4 24
$161.0M
$144.3M
Q3 24
$160.1M
$125.8M
Q2 24
$158.4M
$110.6M
Net Profit
IRT
IRT
PSIX
PSIX
Q1 26
Q4 25
$33.3M
$16.1M
Q3 25
$6.9M
$27.6M
Q2 25
$8.0M
$51.2M
Q1 25
$8.4M
$19.1M
Q4 24
$-1.0M
$23.3M
Q3 24
$12.4M
$17.3M
Q2 24
$10.4M
$21.5M
Gross Margin
IRT
IRT
PSIX
PSIX
Q1 26
Q4 25
21.9%
Q3 25
23.9%
Q2 25
28.2%
Q1 25
29.7%
Q4 24
29.9%
Q3 24
28.9%
Q2 24
31.8%
Operating Margin
IRT
IRT
PSIX
PSIX
Q1 26
Q4 25
12.7%
Q3 25
13.9%
Q2 25
16.9%
Q1 25
18.2%
Q4 24
17.5%
Q3 24
16.3%
Q2 24
22.9%
Net Margin
IRT
IRT
PSIX
PSIX
Q1 26
Q4 25
19.9%
8.4%
Q3 25
4.1%
13.5%
Q2 25
5.0%
26.7%
Q1 25
5.2%
14.1%
Q4 24
-0.6%
16.1%
Q3 24
7.7%
13.8%
Q2 24
6.5%
19.5%
EPS (diluted)
IRT
IRT
PSIX
PSIX
Q1 26
$0.00
Q4 25
$0.14
$0.69
Q3 25
$0.03
$1.20
Q2 25
$0.03
$2.22
Q1 25
$0.04
$0.83
Q4 24
$-0.01
$1.01
Q3 24
$0.05
$0.75
Q2 24
$0.05
$0.94

Balance Sheet & Financial Strength

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

Metric
IRT
IRT
PSIX
PSIX
Cash + ST InvestmentsLiquidity on hand
$23.3M
$41.3M
Total DebtLower is stronger
$96.6M
Stockholders' EquityBook value
$3.4B
$178.6M
Total Assets
$6.1B
$424.7M
Debt / EquityLower = less leverage
0.54×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IRT
IRT
PSIX
PSIX
Q1 26
$23.3M
Q4 25
$23.6M
$41.3M
Q3 25
$23.3M
$49.0M
Q2 25
$19.5M
$49.5M
Q1 25
$29.1M
$50.0M
Q4 24
$21.2M
$55.3M
Q3 24
$17.6M
$40.5M
Q2 24
$21.0M
$28.8M
Total Debt
IRT
IRT
PSIX
PSIX
Q1 26
Q4 25
$2.3B
$96.6M
Q3 25
$2.3B
$96.7M
Q2 25
$2.2B
$1.8M
Q1 25
$2.3B
$1.0M
Q4 24
$2.3B
$184.0K
Q3 24
$2.3B
$238.0K
Q2 24
$2.3B
$292.0K
Stockholders' Equity
IRT
IRT
PSIX
PSIX
Q1 26
$3.4B
Q4 25
$3.5B
$178.6M
Q3 25
$3.5B
$162.5M
Q2 25
$3.4B
$135.7M
Q1 25
$3.5B
$84.3M
Q4 24
$3.4B
$65.3M
Q3 24
$3.4B
$42.1M
Q2 24
$3.4B
$24.8M
Total Assets
IRT
IRT
PSIX
PSIX
Q1 26
$6.1B
Q4 25
$6.0B
$424.7M
Q3 25
$6.1B
$458.9M
Q2 25
$6.0B
$437.7M
Q1 25
$6.0B
$372.7M
Q4 24
$6.1B
$328.2M
Q3 24
$5.9B
$339.1M
Q2 24
$5.9B
$307.6M
Debt / Equity
IRT
IRT
PSIX
PSIX
Q1 26
Q4 25
0.66×
0.54×
Q3 25
0.66×
0.60×
Q2 25
0.66×
0.01×
Q1 25
0.65×
0.01×
Q4 24
0.68×
0.00×
Q3 24
0.68×
0.01×
Q2 24
0.66×
0.01×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
IRT
IRT
PSIX
PSIX
Operating Cash FlowLast quarter
$-4.6M
Free Cash FlowOCF − Capex
$-7.6M
FCF MarginFCF / Revenue
-4.0%
Capex IntensityCapex / Revenue
1.6%
Cash ConversionOCF / Net Profit
-0.29×
TTM Free Cash FlowTrailing 4 quarters
$14.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IRT
IRT
PSIX
PSIX
Q1 26
Q4 25
$282.1M
$-4.6M
Q3 25
$79.3M
$3.3M
Q2 25
$82.2M
$16.7M
Q1 25
$60.4M
$8.8M
Q4 24
$259.8M
$32.7M
Q3 24
$69.2M
$12.6M
Q2 24
$83.0M
$1.5M
Free Cash Flow
IRT
IRT
PSIX
PSIX
Q1 26
Q4 25
$-7.6M
Q3 25
$1.7M
Q2 25
$14.6M
Q1 25
$5.4M
Q4 24
$30.0M
Q3 24
$12.1M
Q2 24
$822.0K
FCF Margin
IRT
IRT
PSIX
PSIX
Q1 26
Q4 25
-4.0%
Q3 25
0.8%
Q2 25
7.6%
Q1 25
4.0%
Q4 24
20.8%
Q3 24
9.7%
Q2 24
0.7%
Capex Intensity
IRT
IRT
PSIX
PSIX
Q1 26
Q4 25
1.6%
Q3 25
0.8%
Q2 25
1.1%
Q1 25
2.5%
Q4 24
1.8%
Q3 24
0.3%
Q2 24
0.6%
Cash Conversion
IRT
IRT
PSIX
PSIX
Q1 26
Q4 25
8.48×
-0.29×
Q3 25
11.51×
0.12×
Q2 25
10.22×
0.33×
Q1 25
7.23×
0.46×
Q4 24
1.40×
Q3 24
5.60×
0.73×
Q2 24
8.02×
0.07×

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%

PSIX
PSIX

Energy End Market$153.4M80%
Industrial End Market$33.3M17%
Transportation End Market$4.6M2%

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