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Side-by-side financial comparison of INDEPENDENCE REALTY TRUST, INC. (IRT) and Xperi Inc. (XPER). 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 $116.5M, roughly 1.4× Xperi Inc.). On growth, INDEPENDENCE REALTY TRUST, INC. posted the faster year-over-year revenue change (2.5% vs -4.8%). Over the past eight quarters, INDEPENDENCE REALTY TRUST, INC.'s revenue compounded faster (2.2% CAGR vs -1.0%).

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.

Xperi Inc. is an American multinational technology company headquartered in San Jose, California, that develops software for consumer electronics and connected cars, as well as media platforms for video service over broadband. The company is organized into four business units: Pay TV, Consumer Electronics, Connected Car, and Media Platform. Xperi's brands include DTS, HD Radio, and TiVo.

IRT vs XPER — Head-to-Head

Bigger by revenue
IRT
IRT
1.4× larger
IRT
$165.3M
$116.5M
XPER
Growing faster (revenue YoY)
IRT
IRT
+7.3% gap
IRT
2.5%
-4.8%
XPER
Faster 2-yr revenue CAGR
IRT
IRT
Annualised
IRT
2.2%
-1.0%
XPER

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
IRT
IRT
XPER
XPER
Revenue
$165.3M
$116.5M
Net Profit
$-17.1M
Gross Margin
Operating Margin
-12.7%
Net Margin
-14.7%
Revenue YoY
2.5%
-4.8%
Net Profit YoY
-137.0%
EPS (diluted)
$0.00
$-0.37

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
XPER
XPER
Q1 26
$165.3M
Q4 25
$167.1M
$116.5M
Q3 25
$167.1M
$111.6M
Q2 25
$162.2M
$105.9M
Q1 25
$161.2M
$114.0M
Q4 24
$161.0M
$122.4M
Q3 24
$160.1M
$132.9M
Q2 24
$158.4M
$119.6M
Net Profit
IRT
IRT
XPER
XPER
Q1 26
Q4 25
$33.3M
$-17.1M
Q3 25
$6.9M
$-6.1M
Q2 25
$8.0M
$-14.8M
Q1 25
$8.4M
$-18.4M
Q4 24
$-1.0M
$46.2M
Q3 24
$12.4M
$-16.8M
Q2 24
$10.4M
$-30.3M
Operating Margin
IRT
IRT
XPER
XPER
Q1 26
Q4 25
-12.7%
Q3 25
-1.2%
Q2 25
-10.5%
Q1 25
-14.4%
Q4 24
-11.7%
Q3 24
-14.0%
Q2 24
-18.3%
Net Margin
IRT
IRT
XPER
XPER
Q1 26
Q4 25
19.9%
-14.7%
Q3 25
4.1%
-5.5%
Q2 25
5.0%
-14.0%
Q1 25
5.2%
-16.1%
Q4 24
-0.6%
37.8%
Q3 24
7.7%
-12.6%
Q2 24
6.5%
-25.3%
EPS (diluted)
IRT
IRT
XPER
XPER
Q1 26
$0.00
Q4 25
$0.14
$-0.37
Q3 25
$0.03
$-0.13
Q2 25
$0.03
$-0.32
Q1 25
$0.04
$-0.41
Q4 24
$-0.01
$1.02
Q3 24
$0.05
$-0.37
Q2 24
$0.05
$-0.67

Balance Sheet & Financial Strength

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

Metric
IRT
IRT
XPER
XPER
Cash + ST InvestmentsLiquidity on hand
$23.3M
$96.8M
Total DebtLower is stronger
$27.7M
Stockholders' EquityBook value
$3.4B
$414.1M
Total Assets
$6.1B
$615.8M
Debt / EquityLower = less leverage
0.07×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IRT
IRT
XPER
XPER
Q1 26
$23.3M
Q4 25
$23.6M
$96.8M
Q3 25
$23.3M
$96.8M
Q2 25
$19.5M
$95.1M
Q1 25
$29.1M
$88.0M
Q4 24
$21.2M
$130.6M
Q3 24
$17.6M
$72.7M
Q2 24
$21.0M
$92.5M
Total Debt
IRT
IRT
XPER
XPER
Q1 26
Q4 25
$2.3B
$27.7M
Q3 25
$2.3B
$27.7M
Q2 25
$2.2B
$27.7M
Q1 25
$2.3B
$27.7M
Q4 24
$2.3B
$27.7M
Q3 24
$2.3B
$27.7M
Q2 24
$2.3B
$27.7M
Stockholders' Equity
IRT
IRT
XPER
XPER
Q1 26
$3.4B
Q4 25
$3.5B
$414.1M
Q3 25
$3.5B
$421.0M
Q2 25
$3.4B
$419.8M
Q1 25
$3.5B
$418.9M
Q4 24
$3.4B
$429.1M
Q3 24
$3.4B
$377.4M
Q2 24
$3.4B
$388.7M
Total Assets
IRT
IRT
XPER
XPER
Q1 26
$6.1B
Q4 25
$6.0B
$615.8M
Q3 25
$6.1B
$628.8M
Q2 25
$6.0B
$629.2M
Q1 25
$6.0B
$633.5M
Q4 24
$6.1B
$667.8M
Q3 24
$5.9B
$616.2M
Q2 24
$5.9B
$619.2M
Debt / Equity
IRT
IRT
XPER
XPER
Q1 26
Q4 25
0.66×
0.07×
Q3 25
0.66×
0.07×
Q2 25
0.66×
0.07×
Q1 25
0.65×
0.07×
Q4 24
0.68×
0.06×
Q3 24
0.68×
0.07×
Q2 24
0.66×
0.07×

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
XPER
XPER
Operating Cash FlowLast quarter
$4.1M
Free Cash FlowOCF − Capex
$1.2M
FCF MarginFCF / Revenue
1.0%
Capex IntensityCapex / Revenue
2.5%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-5.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IRT
IRT
XPER
XPER
Q1 26
Q4 25
$282.1M
$4.1M
Q3 25
$79.3M
$7.5M
Q2 25
$82.2M
$10.1M
Q1 25
$60.4M
$-22.3M
Q4 24
$259.8M
$1.2M
Q3 24
$69.2M
$-4.6M
Q2 24
$83.0M
$-2.1M
Free Cash Flow
IRT
IRT
XPER
XPER
Q1 26
Q4 25
$1.2M
Q3 25
$6.7M
Q2 25
$9.5M
Q1 25
$-23.3M
Q4 24
$-510.0K
Q3 24
$-5.6M
Q2 24
$-2.6M
FCF Margin
IRT
IRT
XPER
XPER
Q1 26
Q4 25
1.0%
Q3 25
6.0%
Q2 25
9.0%
Q1 25
-20.5%
Q4 24
-0.4%
Q3 24
-4.2%
Q2 24
-2.2%
Capex Intensity
IRT
IRT
XPER
XPER
Q1 26
Q4 25
2.5%
Q3 25
0.7%
Q2 25
0.5%
Q1 25
0.9%
Q4 24
1.4%
Q3 24
0.8%
Q2 24
0.4%
Cash Conversion
IRT
IRT
XPER
XPER
Q1 26
Q4 25
8.48×
Q3 25
11.51×
Q2 25
10.22×
Q1 25
7.23×
Q4 24
0.03×
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%

XPER
XPER

Pay TV$56.2M48%
Connected Car$31.3M27%
Consumer Electronics$17.2M15%
Media Platform$11.8M10%

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