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

RAMBUS INC is the larger business by last-quarter revenue ($180.2M vs $165.3M, roughly 1.1× INDEPENDENCE REALTY TRUST, INC.). On growth, RAMBUS INC posted the faster year-over-year revenue change (8.1% vs 2.5%). Over the past eight quarters, RAMBUS INC's revenue compounded faster (16.8% 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.

Rambus Inc. is an American technology company that designs, develops and licenses chip interface technologies and architectures that are used in digital electronics products. The company, founded in 1990, is well known for inventing RDRAM and for its intellectual property-based litigation following the introduction of DDR-SDRAM memory.

IRT vs RMBS — Head-to-Head

Bigger by revenue
RMBS
RMBS
1.1× larger
RMBS
$180.2M
$165.3M
IRT
Growing faster (revenue YoY)
RMBS
RMBS
+5.6% gap
RMBS
8.1%
2.5%
IRT
Faster 2-yr revenue CAGR
RMBS
RMBS
Annualised
RMBS
16.8%
2.2%
IRT

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
IRT
IRT
RMBS
RMBS
Revenue
$165.3M
$180.2M
Net Profit
$59.9M
Gross Margin
79.7%
Operating Margin
34.3%
Net Margin
33.2%
Revenue YoY
2.5%
8.1%
Net Profit YoY
-7.3%
EPS (diluted)
$0.00
$0.55

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
RMBS
RMBS
Q1 26
$165.3M
$180.2M
Q4 25
$167.1M
$190.2M
Q3 25
$167.1M
$178.5M
Q2 25
$162.2M
$172.2M
Q1 25
$161.2M
$166.7M
Q4 24
$161.0M
$161.1M
Q3 24
$160.1M
$145.5M
Q2 24
$158.4M
$132.1M
Net Profit
IRT
IRT
RMBS
RMBS
Q1 26
$59.9M
Q4 25
$33.3M
$63.8M
Q3 25
$6.9M
$48.4M
Q2 25
$8.0M
$57.9M
Q1 25
$8.4M
$60.3M
Q4 24
$-1.0M
$62.2M
Q3 24
$12.4M
$48.7M
Q2 24
$10.4M
$36.1M
Gross Margin
IRT
IRT
RMBS
RMBS
Q1 26
79.7%
Q4 25
78.9%
Q3 25
79.5%
Q2 25
79.8%
Q1 25
80.3%
Q4 24
80.4%
Q3 24
80.7%
Q2 24
79.7%
Operating Margin
IRT
IRT
RMBS
RMBS
Q1 26
34.3%
Q4 25
37.2%
Q3 25
35.4%
Q2 25
36.6%
Q1 25
37.9%
Q4 24
35.9%
Q3 24
37.6%
Q2 24
30.5%
Net Margin
IRT
IRT
RMBS
RMBS
Q1 26
33.2%
Q4 25
19.9%
33.6%
Q3 25
4.1%
27.1%
Q2 25
5.0%
33.6%
Q1 25
5.2%
36.2%
Q4 24
-0.6%
38.6%
Q3 24
7.7%
33.4%
Q2 24
6.5%
27.3%
EPS (diluted)
IRT
IRT
RMBS
RMBS
Q1 26
$0.00
$0.55
Q4 25
$0.14
$0.58
Q3 25
$0.03
$0.44
Q2 25
$0.03
$0.53
Q1 25
$0.04
$0.56
Q4 24
$-0.01
$0.57
Q3 24
$0.05
$0.45
Q2 24
$0.05
$0.33

Balance Sheet & Financial Strength

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

Metric
IRT
IRT
RMBS
RMBS
Cash + ST InvestmentsLiquidity on hand
$23.3M
$134.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$3.4B
Total Assets
$6.1B
$1.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IRT
IRT
RMBS
RMBS
Q1 26
$23.3M
$134.3M
Q4 25
$23.6M
$182.8M
Q3 25
$23.3M
$79.2M
Q2 25
$19.5M
$87.8M
Q1 25
$29.1M
$132.2M
Q4 24
$21.2M
$99.8M
Q3 24
$17.6M
$114.0M
Q2 24
$21.0M
$124.6M
Total Debt
IRT
IRT
RMBS
RMBS
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
Stockholders' Equity
IRT
IRT
RMBS
RMBS
Q1 26
$3.4B
Q4 25
$3.5B
$1.4B
Q3 25
$3.5B
$1.3B
Q2 25
$3.4B
$1.2B
Q1 25
$3.5B
$1.2B
Q4 24
$3.4B
$1.1B
Q3 24
$3.4B
$1.0B
Q2 24
$3.4B
$1.0B
Total Assets
IRT
IRT
RMBS
RMBS
Q1 26
$6.1B
$1.5B
Q4 25
$6.0B
$1.5B
Q3 25
$6.1B
$1.4B
Q2 25
$6.0B
$1.5B
Q1 25
$6.0B
$1.4B
Q4 24
$6.1B
$1.3B
Q3 24
$5.9B
$1.3B
Q2 24
$5.9B
$1.3B
Debt / Equity
IRT
IRT
RMBS
RMBS
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×

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%

RMBS
RMBS

Product revenue$88.0M49%
Royalties$69.6M39%
Contract and other revenue$22.6M13%

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