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Side-by-side financial comparison of INDEPENDENCE REALTY TRUST, INC. (IRT) and STRATASYS LTD. (SSYS). 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 $137.0M, roughly 1.2× STRATASYS LTD.). On growth, INDEPENDENCE REALTY TRUST, INC. posted the faster year-over-year revenue change (2.5% vs -2.2%). Over the past eight quarters, INDEPENDENCE REALTY TRUST, INC.'s revenue compounded faster (2.2% CAGR vs -7.4%).

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.

Stratasys, Ltd. is an American-Israeli manufacturer of 3D printers, software, and materials for polymer additive manufacturing as well as 3D-printed parts on-demand. The company is incorporated in Israel. Engineers use Stratasys systems to model complex geometries in a wide range of polymer materials, including: ABS, polyphenylsulfone (PPSF), polycarbonate (PC), polyetherimide and Nylon 12.

IRT vs SSYS — Head-to-Head

Bigger by revenue
IRT
IRT
1.2× larger
IRT
$165.3M
$137.0M
SSYS
Growing faster (revenue YoY)
IRT
IRT
+4.7% gap
IRT
2.5%
-2.2%
SSYS
Faster 2-yr revenue CAGR
IRT
IRT
Annualised
IRT
2.2%
-7.4%
SSYS

Income Statement — Q1 FY2026 vs Q3 FY2025

Metric
IRT
IRT
SSYS
SSYS
Revenue
$165.3M
$137.0M
Net Profit
$-55.6M
Gross Margin
41.0%
Operating Margin
-16.6%
Net Margin
-40.6%
Revenue YoY
2.5%
-2.2%
Net Profit YoY
-109.0%
EPS (diluted)
$0.00

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
SSYS
SSYS
Q1 26
$165.3M
Q4 25
$167.1M
Q3 25
$167.1M
$137.0M
Q2 25
$162.2M
$138.1M
Q1 25
$161.2M
$136.0M
Q4 24
$161.0M
Q3 24
$160.1M
$140.0M
Q2 24
$158.4M
$138.0M
Net Profit
IRT
IRT
SSYS
SSYS
Q1 26
Q4 25
$33.3M
Q3 25
$6.9M
$-55.6M
Q2 25
$8.0M
$-16.7M
Q1 25
$8.4M
$-13.1M
Q4 24
$-1.0M
Q3 24
$12.4M
$-26.6M
Q2 24
$10.4M
$-25.7M
Gross Margin
IRT
IRT
SSYS
SSYS
Q1 26
Q4 25
Q3 25
41.0%
Q2 25
43.1%
Q1 25
44.3%
Q4 24
Q3 24
44.8%
Q2 24
43.8%
Operating Margin
IRT
IRT
SSYS
SSYS
Q1 26
Q4 25
Q3 25
-16.6%
Q2 25
-12.0%
Q1 25
-9.1%
Q4 24
Q3 24
-18.2%
Q2 24
-18.9%
Net Margin
IRT
IRT
SSYS
SSYS
Q1 26
Q4 25
19.9%
Q3 25
4.1%
-40.6%
Q2 25
5.0%
-12.1%
Q1 25
5.2%
-9.6%
Q4 24
-0.6%
Q3 24
7.7%
-19.0%
Q2 24
6.5%
-18.6%
EPS (diluted)
IRT
IRT
SSYS
SSYS
Q1 26
$0.00
Q4 25
$0.14
Q3 25
$0.03
Q2 25
$0.03
Q1 25
$0.04
Q4 24
$-0.01
Q3 24
$0.05
Q2 24
$0.05

Balance Sheet & Financial Strength

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

Metric
IRT
IRT
SSYS
SSYS
Cash + ST InvestmentsLiquidity on hand
$23.3M
$71.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$3.4B
$852.5M
Total Assets
$6.1B
$1.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IRT
IRT
SSYS
SSYS
Q1 26
$23.3M
Q4 25
$23.6M
Q3 25
$23.3M
$71.5M
Q2 25
$19.5M
$71.1M
Q1 25
$29.1M
$70.1M
Q4 24
$21.2M
Q3 24
$17.6M
$64.0M
Q2 24
$21.0M
$70.9M
Total Debt
IRT
IRT
SSYS
SSYS
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
SSYS
SSYS
Q1 26
$3.4B
Q4 25
$3.5B
Q3 25
$3.5B
$852.5M
Q2 25
$3.4B
$902.4M
Q1 25
$3.5B
$784.8M
Q4 24
$3.4B
Q3 24
$3.4B
$831.8M
Q2 24
$3.4B
$850.5M
Total Assets
IRT
IRT
SSYS
SSYS
Q1 26
$6.1B
Q4 25
$6.0B
Q3 25
$6.1B
$1.1B
Q2 25
$6.0B
$1.1B
Q1 25
$6.0B
$1.0B
Q4 24
$6.1B
Q3 24
$5.9B
$1.1B
Q2 24
$5.9B
$1.1B
Debt / Equity
IRT
IRT
SSYS
SSYS
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
IRT
IRT
SSYS
SSYS
Operating Cash FlowLast quarter
$6.9M
Free Cash FlowOCF − Capex
$2.5M
FCF MarginFCF / Revenue
1.8%
Capex IntensityCapex / Revenue
3.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-11.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IRT
IRT
SSYS
SSYS
Q1 26
Q4 25
$282.1M
Q3 25
$79.3M
$6.9M
Q2 25
$82.2M
$-1.1M
Q1 25
$60.4M
$4.5M
Q4 24
$259.8M
Q3 24
$69.2M
$-4.5M
Q2 24
$83.0M
$-2.4M
Free Cash Flow
IRT
IRT
SSYS
SSYS
Q1 26
Q4 25
Q3 25
$2.5M
Q2 25
$-8.4M
Q1 25
$789.0K
Q4 24
Q3 24
$-6.3M
Q2 24
$-4.9M
FCF Margin
IRT
IRT
SSYS
SSYS
Q1 26
Q4 25
Q3 25
1.8%
Q2 25
-6.1%
Q1 25
0.6%
Q4 24
Q3 24
-4.5%
Q2 24
-3.6%
Capex Intensity
IRT
IRT
SSYS
SSYS
Q1 26
Q4 25
Q3 25
3.2%
Q2 25
5.3%
Q1 25
2.8%
Q4 24
Q3 24
1.3%
Q2 24
1.8%
Cash Conversion
IRT
IRT
SSYS
SSYS
Q1 26
Q4 25
8.48×
Q3 25
11.51×
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
IRT

Rental and other property revenue$165.2M100%
Other revenue$109.0K0%

SSYS
SSYS

Segment breakdown not available.

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