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Side-by-side financial comparison of INDEPENDENCE REALTY TRUST, INC. (IRT) and Rimini Street, Inc. (RMNI). 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 $105.5M, roughly 1.6× Rimini Street, Inc.). On growth, INDEPENDENCE REALTY TRUST, INC. posted the faster year-over-year revenue change (2.5% vs 1.2%). Over the past eight quarters, INDEPENDENCE REALTY TRUST, INC.'s revenue compounded faster (2.2% CAGR vs 1.1%).

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.

Rimini Street, Inc. is a global provider of independent third-party support services for enterprise software products including Oracle and SAP platforms. It serves clients across multiple industries worldwide, delivering cost-effective support, maintenance, and consulting solutions that help businesses cut operational expenses while ensuring software performance and security.

IRT vs RMNI — Head-to-Head

Bigger by revenue
IRT
IRT
1.6× larger
IRT
$165.3M
$105.5M
RMNI
Growing faster (revenue YoY)
IRT
IRT
+1.3% gap
IRT
2.5%
1.2%
RMNI
Faster 2-yr revenue CAGR
IRT
IRT
Annualised
IRT
2.2%
1.1%
RMNI

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
IRT
IRT
RMNI
RMNI
Revenue
$165.3M
$105.5M
Net Profit
$1.4M
Gross Margin
59.0%
Operating Margin
4.6%
Net Margin
1.3%
Revenue YoY
2.5%
1.2%
Net Profit YoY
-59.4%
EPS (diluted)
$0.00
$0.01

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
RMNI
RMNI
Q1 26
$165.3M
$105.5M
Q4 25
$167.1M
$109.8M
Q3 25
$167.1M
$103.4M
Q2 25
$162.2M
$104.1M
Q1 25
$161.2M
$104.2M
Q4 24
$161.0M
$114.2M
Q3 24
$160.1M
$104.7M
Q2 24
$158.4M
$103.1M
Net Profit
IRT
IRT
RMNI
RMNI
Q1 26
$1.4M
Q4 25
$33.3M
$724.0K
Q3 25
$6.9M
$2.8M
Q2 25
$8.0M
$30.3M
Q1 25
$8.4M
$3.4M
Q4 24
$-1.0M
$6.7M
Q3 24
$12.4M
$-43.1M
Q2 24
$10.4M
$-1.1M
Gross Margin
IRT
IRT
RMNI
RMNI
Q1 26
59.0%
Q4 25
60.4%
Q3 25
59.9%
Q2 25
60.4%
Q1 25
61.0%
Q4 24
63.7%
Q3 24
60.7%
Q2 24
59.1%
Operating Margin
IRT
IRT
RMNI
RMNI
Q1 26
4.6%
Q4 25
4.5%
Q3 25
4.2%
Q2 25
39.6%
Q1 25
9.0%
Q4 24
13.0%
Q3 24
-47.4%
Q2 24
-0.8%
Net Margin
IRT
IRT
RMNI
RMNI
Q1 26
1.3%
Q4 25
19.9%
0.7%
Q3 25
4.1%
2.7%
Q2 25
5.0%
29.1%
Q1 25
5.2%
3.2%
Q4 24
-0.6%
5.8%
Q3 24
7.7%
-41.2%
Q2 24
6.5%
-1.1%
EPS (diluted)
IRT
IRT
RMNI
RMNI
Q1 26
$0.00
$0.01
Q4 25
$0.14
$0.00
Q3 25
$0.03
$0.03
Q2 25
$0.03
$0.32
Q1 25
$0.04
$0.04
Q4 24
$-0.01
$0.07
Q3 24
$0.05
$-0.47
Q2 24
$0.05
$-0.01

Balance Sheet & Financial Strength

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

Metric
IRT
IRT
RMNI
RMNI
Cash + ST InvestmentsLiquidity on hand
$23.3M
$132.2M
Total DebtLower is stronger
$56.4M
Stockholders' EquityBook value
$3.4B
Total Assets
$6.1B
$397.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IRT
IRT
RMNI
RMNI
Q1 26
$23.3M
$132.2M
Q4 25
$23.6M
$120.0M
Q3 25
$23.3M
$108.7M
Q2 25
$19.5M
$101.3M
Q1 25
$29.1M
$122.6M
Q4 24
$21.2M
$88.8M
Q3 24
$17.6M
$119.5M
Q2 24
$21.0M
$134.2M
Total Debt
IRT
IRT
RMNI
RMNI
Q1 26
$56.4M
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
RMNI
RMNI
Q1 26
$3.4B
Q4 25
$3.5B
$-27.0M
Q3 25
$3.5B
$-27.3M
Q2 25
$3.4B
$-29.0M
Q1 25
$3.5B
$-63.7M
Q4 24
$3.4B
$-69.4M
Q3 24
$3.4B
$-76.8M
Q2 24
$3.4B
$-36.1M
Total Assets
IRT
IRT
RMNI
RMNI
Q1 26
$6.1B
$397.1M
Q4 25
$6.0B
$423.1M
Q3 25
$6.1B
$352.9M
Q2 25
$6.0B
$397.5M
Q1 25
$6.0B
$343.0M
Q4 24
$6.1B
$369.1M
Q3 24
$5.9B
$343.8M
Q2 24
$5.9B
$367.4M
Debt / Equity
IRT
IRT
RMNI
RMNI
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%

RMNI
RMNI

Segment breakdown not available.

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