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Independence Realty (IRT)
NYSE:IRT
US Market

Independence Realty (IRT) Income Statement

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Independence Realty Income Statement

Last quarter (Q3 2025), Independence Realty's total revenue was $167.14M, an increase of 4.37% from the same quarter last year. In Q3, Independence Realty's net income was $6.89M. See Independence Realty’s key income statements, including revenue, expenses, profit, and income.
Income Statement
Dec 24Dec 23Dec 22Dec 21Dec 20
Total Revenue
$ 640.03M$ 660.98M$ 628.52M$ 250.25M$ 211.91M
Gross Profit
$ 374.52M$ 389.57M$ 372.22M$ 147.46M$ 120.43M
Operating Expenses
$ 245.10M$ 241.73M$ 279.11M$ 95.52M$ 120.43M
Depreciation and Amortization
$ 220.85M$ 218.97M$ 252.85M$ 76.91M$ 60.69M
EBITDA
$ 350.28M$ 291.08M$ 460.46M$ 158.84M$ 112.05M
Operating Income
$ 129.43M$ 147.84M$ 93.11M$ 51.94M$ 0.00
Other Income/Expenses
$ -89.39M$ -165.65M$ 27.55M$ -6.41M$ 14.88M
Pretax Income
$ 40.03M$ -17.81M$ 120.66M$ 45.53M$ 14.88M
Net Income
$ 39.29M$ -17.23M$ 117.25M$ 44.59M$ 14.77M
Per Share Metrics
Basic EPS
$ 0.17$ -0.08$ 0.15$ 0.08$ -0.23
Diluted EPS
$ 0.17$ -0.08$ 0.15$ 0.07$ -0.23
Weighted Average Shares Outstanding
224.80M 224.41M 221.97M 108.55M 93.66M
Weighted Average Shares Outstanding (Diluted)
225.58M 224.41M 223.12M 109.83M 94.69M
Currency in USD

Independence Realty Earnings and Revenue History