# Independence Realty Trust, Inc.: overview

IRT · NYSE · CIK 1466085 · [Real estate](/sectors/real-estate.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/irt.md) · [Financials](/companies/irt/financials.md) · [Filings](/companies/irt/filings.md) · [Insiders](/companies/irt/insiders.md)

Latest reported revenue: [$167.2m](/filings/0001437749-26-025677.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Aug 4, 2026 (XBRL us-gaap:Revenues, accession 0001437749-26-025677).

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [160](/filings/0001437749-26-004376.md) | [161](/filings/0001437749-26-004376.md) | [161](/filings/0001437749-26-014234.md) | [162](/filings/0001437749-26-025677.md) | [167](/filings/0001437749-26-004376.md) | [167](/filings/0001437749-26-004376.md) | [165](/filings/0001437749-26-014234.md) | [167](/filings/0001437749-26-025677.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Net margin | % | [7.7%](/filings/0001437749-26-004376.md) | [(0.6%)](/filings/0001437749-26-004376.md) | [5.2%](/filings/0001437749-26-014234.md) | [5.0%](/filings/0001437749-26-025677.md) | [4.1%](/filings/0001437749-26-004376.md) | [19.9%](/filings/0001437749-26-004376.md) | [(0.0%)](/filings/0001437749-26-014234.md) | [2.0%](/filings/0001437749-26-025677.md) |
| Diluted EPS | $ per share | [0.05](/filings/0001437749-26-004376.md) | [0.00](/filings/0001437749-26-004376.md) | [0.04](/filings/0001437749-26-014234.md) | [0.03](/filings/0001437749-26-025677.md) | [0.03](/filings/0001437749-26-004376.md) | [0.14](/filings/0001437749-26-004376.md) | [0.00](/filings/0001437749-26-014234.md) | [0.01](/filings/0001437749-26-025677.md) |
| Free cash flow | $m | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |

- Revenue. XBRL Revenue: us-gaap:Revenues.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:Revenues.
- Operating margin (operating income / revenue). XBRL Revenue: us-gaap:Revenues.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:Revenues.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [250](/filings/0001466085-24-000023.md) | [629](/filings/0001466085-25-000021.md) | [661](/filings/0001437749-26-004376.md) | [640](/filings/0001437749-26-004376.md) | [658](/filings/0001437749-26-004376.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | not reported | not reported | not reported | not reported | not reported |
| Net margin | % | [17.8%](/filings/0001466085-24-000023.md) | [18.7%](/filings/0001466085-25-000021.md) | [(2.6%)](/filings/0001437749-26-004376.md) | [6.1%](/filings/0001437749-26-004376.md) | [8.6%](/filings/0001437749-26-004376.md) |
| Diluted EPS | $ per share | [0.41](/filings/0001466085-24-000023.md) | [0.53](/filings/0001466085-25-000021.md) | [(0.08)](/filings/0001437749-26-004376.md) | [0.17](/filings/0001437749-26-004376.md) | [0.24](/filings/0001437749-26-004376.md) |
| Free cash flow | $m | [52.1](/filings/0001466085-24-000023.md) | not reported | not reported | not reported | not reported |

- Revenue. XBRL Revenue: us-gaap:Revenues.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:Revenues.
- Operating margin (operating income / revenue). XBRL Revenue: us-gaap:Revenues.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:Revenues.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/irt/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $602.0m | 36,067,985 |  | Added +376,122 |
| [VANGUARD PORTFOLIO MANAGEMENT LLC](/funds/2100121.md) | 2026-06-30 | $363.8m | 21,795,546 |  | Added +390,997 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $218.9m | 12,982,771 |  | Reduced −89,808 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $177.1m | 10,613,114 |  | Reduced −6,459 |
| [PRUDENTIAL FINANCIAL INC](/funds/1137774.md) | 2026-06-30 | $131.4m | 7,872,378 |  | Added +7,498 |
| [ALLIANCEBERNSTEIN L.P.](/funds/1109448.md) | 2026-06-30 | $118.2m | 7,935,090 |  | Reduced −310,659 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $116.6m | 6,986,759 |  | Added +315,170 |
| [NOMURA ASSET MANAGEMENT INTERNATIONAL INC.](/funds/921739.md) | 2026-06-30 | $92.9m | 5,565,806 |  | Reduced −1,261,316 |
| [MORGAN STANLEY](/funds/895421.md) | 2026-06-30 | $92.0m | 5,510,135 |  | Reduced −270,057 |
| [FRANKLIN RESOURCES INC](/funds/38777.md) | 2026-06-30 | $90.0m | 5,395,424 |  | Added +1,683,135 |

## Recent filings

[All 928 filings](/companies/irt/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-09-24 | 12:05 ET | [8-K](/filings/0001437749-26-031110.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001437749-26-031110 |
| 2026-09-23 | 21:00 ET | [8-K](/filings/0001437749-26-031071.md) | 1.01 Entry into a material agreement; 9.01 Financial statements and exhibits | 0001437749-26-031071 |
| 2026-09-23 | 21:00 ET | [8-K/A](/filings/0001437749-26-031069.md) | 9.01 Financial statements and exhibits | 0001437749-26-031069 |
| 2026-09-09 | 10:48 ET | [8-K](/filings/0001437749-26-029903.md) | 1.01 Entry into a material agreement; 5.02 Departure or appointment of officers or directors; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001437749-26-029903 |
| 2026-08-04 | 20:30 ET | [10-Q](/filings/0001437749-26-025677.md) | Quarterly report, period 2026-06-30 | 0001437749-26-025677 |
| 2026-08-03 | 20:05 ET | [8-K](/filings/0001437749-26-025436.md) | 2.02 Results of operations; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001437749-26-025436 |
| 2026-06-12 | 20:45 ET | [8-K](/filings/0001437749-26-020495.md) | 1.02 Termination of a material agreement | 0001437749-26-020495 |
| 2026-06-01 | 12:30 ET | [8-K](/filings/0001437749-26-018924.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001437749-26-018924 |
| 2026-05-13 | 20:15 ET | [8-K](/filings/0001437749-26-016730.md) | 5.07 Shareholder vote results | 0001437749-26-016730 |
| 2026-05-04 | 20:27 ET | [8-K](/filings/0001437749-26-014664.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001437749-26-014664 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001437749-26-004376.md), filed Feb 17, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/eef88cfa-bfd4-48e4-93f8-02636d17ff58)

## About the filer

- CIK: 1466085
- Tickers: IRT
- Exchange: NYSE
- SIC code: 6798 Real Estate Investment Trusts
- State of incorporation: MD
- Filer category: Large accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:40 ET. No prices; not investment advice.