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Side-by-side financial comparison of INDEPENDENCE REALTY TRUST, INC. (IRT) and PTC THERAPEUTICS, INC. (PTCT). 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 $164.7M, roughly 1.0× PTC THERAPEUTICS, INC.). On growth, INDEPENDENCE REALTY TRUST, INC. posted the faster year-over-year revenue change (2.5% vs -22.7%). Over the past eight quarters, INDEPENDENCE REALTY TRUST, INC.'s revenue compounded faster (2.2% CAGR vs -11.5%).
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.
PTC Therapeutics, Inc. is a US pharmaceutical company focused on the development of orally administered small molecule drugs and gene therapy which regulate gene expression by targeting post-transcriptional control (PTC) mechanisms in orphan diseases.
IRT vs PTCT — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $165.3M | $164.7M |
| Net Profit | — | $-135.0M |
| Gross Margin | — | — |
| Operating Margin | — | -43.3% |
| Net Margin | — | -82.0% |
| Revenue YoY | 2.5% | -22.7% |
| Net Profit YoY | — | -104.8% |
| EPS (diluted) | $0.00 | $-1.63 |
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 | $164.7M | ||
| Q3 25 | $167.1M | $211.0M | ||
| Q2 25 | $162.2M | $178.9M | ||
| Q1 25 | $161.2M | $1.2B | ||
| Q4 24 | $161.0M | $213.2M | ||
| Q3 24 | $160.1M | $196.8M | ||
| Q2 24 | $158.4M | $186.7M |
| Q1 26 | — | — | ||
| Q4 25 | $33.3M | $-135.0M | ||
| Q3 25 | $6.9M | $15.9M | ||
| Q2 25 | $8.0M | $-64.8M | ||
| Q1 25 | $8.4M | $866.6M | ||
| Q4 24 | $-1.0M | $-65.9M | ||
| Q3 24 | $12.4M | $-106.7M | ||
| Q2 24 | $10.4M | $-99.2M |
| Q1 26 | — | — | ||
| Q4 25 | — | -43.3% | ||
| Q3 25 | — | 1.4% | ||
| Q2 25 | — | -19.5% | ||
| Q1 25 | — | 82.5% | ||
| Q4 24 | — | -76.2% | ||
| Q3 24 | — | -27.7% | ||
| Q2 24 | — | -21.5% |
| Q1 26 | — | — | ||
| Q4 25 | 19.9% | -82.0% | ||
| Q3 25 | 4.1% | 7.5% | ||
| Q2 25 | 5.0% | -36.3% | ||
| Q1 25 | 5.2% | 73.7% | ||
| Q4 24 | -0.6% | -30.9% | ||
| Q3 24 | 7.7% | -54.2% | ||
| Q2 24 | 6.5% | -53.1% |
| Q1 26 | $0.00 | — | ||
| Q4 25 | $0.14 | $-1.63 | ||
| Q3 25 | $0.03 | $0.20 | ||
| Q2 25 | $0.03 | $-0.83 | ||
| Q1 25 | $0.04 | $10.04 | ||
| Q4 24 | $-0.01 | $-0.85 | ||
| Q3 24 | $0.05 | $-1.39 | ||
| Q2 24 | $0.05 | $-1.29 |
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 | $1.9B |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $3.4B | $-205.3M |
| Total Assets | $6.1B | $2.9B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $23.3M | — | ||
| Q4 25 | $23.6M | $1.9B | ||
| Q3 25 | $23.3M | $1.7B | ||
| Q2 25 | $19.5M | $2.0B | ||
| Q1 25 | $29.1M | $2.0B | ||
| Q4 24 | $21.2M | $1.1B | ||
| Q3 24 | $17.6M | $1.0B | ||
| Q2 24 | $21.0M | $1.1B |
| 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 | $-205.3M | ||
| Q3 25 | $3.5B | $-155.8M | ||
| Q2 25 | $3.4B | $-206.5M | ||
| Q1 25 | $3.5B | $-185.8M | ||
| Q4 24 | $3.4B | $-1.1B | ||
| Q3 24 | $3.4B | $-1.1B | ||
| Q2 24 | $3.4B | $-980.2M |
| Q1 26 | $6.1B | — | ||
| Q4 25 | $6.0B | $2.9B | ||
| Q3 25 | $6.1B | $2.6B | ||
| Q2 25 | $6.0B | $2.6B | ||
| Q1 25 | $6.0B | $2.7B | ||
| Q4 24 | $6.1B | $1.7B | ||
| Q3 24 | $5.9B | $1.8B | ||
| Q2 24 | $5.9B | $1.9B |
| 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 | — | $-34.3M |
| Free Cash FlowOCF − Capex | — | $-36.6M |
| FCF MarginFCF / Revenue | — | -22.3% |
| Capex IntensityCapex / Revenue | — | 1.4% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $702.3M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $282.1M | $-34.3M | ||
| Q3 25 | $79.3M | $-66.3M | ||
| Q2 25 | $82.2M | $-58.3M | ||
| Q1 25 | $60.4M | $870.1M | ||
| Q4 24 | $259.8M | $-30.0M | ||
| Q3 24 | $69.2M | $-77.0M | ||
| Q2 24 | $83.0M | $-71.5M |
| Q1 26 | — | — | ||
| Q4 25 | — | $-36.6M | ||
| Q3 25 | — | $-69.7M | ||
| Q2 25 | — | $-59.6M | ||
| Q1 25 | — | $868.4M | ||
| Q4 24 | — | $-33.8M | ||
| Q3 24 | — | $-77.5M | ||
| Q2 24 | — | $-78.8M |
| Q1 26 | — | — | ||
| Q4 25 | — | -22.3% | ||
| Q3 25 | — | -33.1% | ||
| Q2 25 | — | -33.3% | ||
| Q1 25 | — | 73.8% | ||
| Q4 24 | — | -15.8% | ||
| Q3 24 | — | -39.4% | ||
| Q2 24 | — | -42.2% |
| Q1 26 | — | — | ||
| Q4 25 | — | 1.4% | ||
| Q3 25 | — | 1.6% | ||
| Q2 25 | — | 0.7% | ||
| Q1 25 | — | 0.1% | ||
| Q4 24 | — | 1.8% | ||
| Q3 24 | — | 0.3% | ||
| Q2 24 | — | 4.0% |
| Q1 26 | — | — | ||
| Q4 25 | 8.48× | — | ||
| Q3 25 | 11.51× | -4.17× | ||
| Q2 25 | 10.22× | — | ||
| Q1 25 | 7.23× | 1.00× | ||
| 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% |
PTCT
Segment breakdown not available.
