Jun 2026 (Q2 FY26) — Aug 4, 2026
Independence Realty Trust Q2 FY26 — Strong Operating Momentum and Guidance Increase
Read the full callIndependence Realty Trust (IRT) earnings
- Jun 2026
- Jun 2026 (Q2 FY26)
- Dec 2025
Independence Realty Trust earnings: last reported Tue, 4 Aug 2026, for the quarter ended Jun 2026.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 167 | +3.1% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | Operating profit / revenue | Quarter to Jun 2026 | Not in the filed figures for the quarter to jun 2026. No older figure is substituted. | ||
| Net profit | 3.4 | −57.9% YoY | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. |
Price
$14.49 −1.90% · −$0.28
Performance −9.6% 1Y
1Y: $16.03 on 17 Oct 2025 → $14.49. High $17.77 (30 Dec 2025), low $14.44 (7 Oct 2026).
- Previous close
- $14.77
- 52-week range
- $14.44 – $17.77
- One year
- −9.89%
Overview
- Symbol
- IRT
- Sector
- Real Estate
- Exchange
- US
- Currency
- USD
Call summaries
Mar 2026 (Q1 FY26) — Apr 30, 2026
Independence Realty Trust Q1 FY26 — Solid Start with Improving Market Fundamentals
Read the full callEvery analysed call
Independence Realty Trust earnings calls (IRT)
Financials
What the filings say
Net profit, year on year: −58% (quarter to jun 2026 against jun 2025).
| Line item | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 160 | 161 | 161 | 162 | 167 | 167 | 165 | 167 |
| Expenses | 129 | 124 | 134 | 135 | 137 | 132 | 144 | 141 |
| Interest | 18 | 20 | 19 | 19 | 20 | 20 | 21 | 22 |
| Net profit | 12 | -1 | 8 | 8 | 7 | 33 | -0 | 3 |
| EPS ($ per share) | 0.05 | 0 | 0.04 | 0.03 | 0.03 | 0.14 | 0 | 0.01 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Equity capital | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 |
| Reserves | -122 | -142 | -179 | -188 | -192 | -348 | -454 | -555 |
| Total liabilities | 1,029 | 1,044 | 1,022 | 2,865 | 2,794 | 2,713 | 2,483 | 2,432 |
| Total assets | 1,659 | 1,664 | 1,735 | 6,507 | 6,532 | 6,280 | 6,058 | 6,022 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | 69 | 75 | 75 | 52 | 250 | 262 | 260 | 282 |
| Cash from investing | -229 | -106 | -125 | -216 | -136 | -2 | -21 | -143 |
| Cash from financing | 162 | 30 | 49 | 216 | -135 | -254 | -246 | -135 |
| Net cash flow | 1 | -2 | -1 | 52 | -22 | 7 | -7 | 4 |
| Capital expenditure | -1 | -0 | -0 | -0 | -202 | 0 | -239 | -153 |
| Free cash flow | 68 | 75 | 75 | 52 | 48 | 262 | 21 | 129 |
IRT operating KPIs by quarter
| KPI | Mar 2026 Q1 FY26 | Jun 2026 Q2 FY26 | Change vs prior quarter |
|---|---|---|---|
| Occupancy rate | 95.2%Average occupancy was stable at 95.2% and resident retention of 60.5% remained high, both consistent with our expectations.Source: earnings call transcript | 95%Average occupancy of 95% was down 20 basis points sequentially and reflected our deliberate strategy of capturing rental rates over occupancy to maximize revenue.Source: earnings call transcript | -0.2 pt |
| Resident retention | 60.5%Average occupancy was stable at 95.2% and resident retention of 60.5% remained high, both consistent with our expectations.Source: earnings call transcript | 58%On renewal leases, our data science efforts are supporting lower renewal concession use and higher effective renewal rates without significantly impacting resident retention, which was 58% in the quarter.Source: earnings call transcript | -2.5 pt |
Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.
Insider filings
38 filings between Oct 24, 2025 and Oct 1, 2026.
Open market
decisions to buy or sellPurchases
None
No insider bought shares.
Sales
$88.7K
11 sales by 1 insider
100% filed under a 10b5-1 plan — scheduled in advance, not decided on the day
Compensation
not trading decisions- 13
- Award — granted as compensation
- 8
- Tax withheld — shares kept back by the company to cover tax
Also filed: 6 L filings.
Who traded
open market only| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| Gebert Richard D | — | $88.7K | Oct 1, 2026 |
Latest filings (50)
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Oct 1, 2026 | Gebert Richard D Director | Sale 10b5-1 plan | 500 | $7.2K |
| Sep 1, 2026 | Gebert Richard D Director | Sale 10b5-1 plan | 500 | $8.1K |
| Aug 3, 2026 | Gebert Richard D Director | Sale 10b5-1 plan | 500 | $8.3K |
| Jul 1, 2026 | Gebert Richard D Director | Sale 10b5-1 plan | 500 | $8.4K |
| Jun 1, 2026 | Gebert Richard D Director | Sale 10b5-1 plan | 500 | $8.1K |
| May 13, 2026 | MCCLURE MELINDA H Director | Award | 6,197 | $0 |
| May 13, 2026 | del Rio Ana Marie Director | Award | 6,197 | $0 |
| May 13, 2026 | Brines Ned Director | Award | 6,197 | $0 |
| May 13, 2026 | Washington Lisa Director | Award | 6,197 | $0 |
| May 13, 2026 | Gebert Richard D Director | Award | 6,197 | $0 |
| May 13, 2026 | Soaries DeForest B. Jr. Director | Award | 6,197 | $0 |
| May 13, 2026 | MACNAB CRAIG Director | Award | 6,197 | $0 |
| May 1, 2026 | Gebert Richard D Director | Sale 10b5-1 plan | 500 | $8.2K |
| Apr 17, 2026 | Brines Ned Director | Code L | 604 | $9.7K |
| Apr 17, 2026 | Brines Ned Director | Code L | 16 | $257 |
| Apr 1, 2026 | Gebert Richard D Director | Sale 10b5-1 plan | 500 | $7.4K |
| Mar 2, 2026 | Gebert Richard D Director | Sale 10b5-1 plan | 500 | $8.2K |
| Mar 1, 2026 | Delozier Jason R Chief Accounting Officer | Tax withheld | 1,393 | $23.1K |
| Mar 1, 2026 | SCHAEFFER SCOTT Chair Board and CEO | Tax withheld | 14,864 | $246.3K |
| Mar 1, 2026 | Sebra James J President and CFO | Tax withheld | 6,283 | $104.1K |
| Mar 1, 2026 | Weisbaum Michele R. Insider | Tax withheld | 1,542 | $25.6K |
| Feb 3, 2026 | Sebra James J President and CFO | Tax withheld | 12,382 | $201.3K |
| Feb 3, 2026 | SCHAEFFER SCOTT Chair Board and CEO | Award | 147,365 | $0 |
| Feb 3, 2026 | SCHAEFFER SCOTT Chair Board and CEO | Tax withheld | 28,994 | $471.4K |
| Feb 3, 2026 | SCHAEFFER SCOTT Chair Board and CEO | Award | 44,221 | $0 |
| Feb 3, 2026 | Delozier Jason R Chief Accounting Officer | Award | 11,168 | $0 |
| Feb 3, 2026 | Delozier Jason R Chief Accounting Officer | Tax withheld | 2,765 | $45.0K |
| Feb 3, 2026 | Delozier Jason R Chief Accounting Officer | Award | 4,422 | $0 |
| Feb 3, 2026 | Sebra James J President and CFO | Award | 53,928 | $0 |
| Feb 3, 2026 | Sebra James J President and CFO | Award | 16,214 | $0 |
| Feb 2, 2026 | Gebert Richard D Director | Sale 10b5-1 plan | 500 | $8.4K |
| Jan 23, 2026 | Brines Ned Director | Code L | 15 | $251 |
| Jan 23, 2026 | Brines Ned Director | Code L | 574 | $9.6K |
| Dec 1, 2025 | Gebert Richard D Director | Sale 10b5-1 plan | 500 | $8.5K |
| Nov 3, 2025 | Gebert Richard D Director | Sale 10b5-1 plan | 500 | $7.9K |
| Nov 1, 2025 | Weisbaum Michele R. Insider | Tax withheld | 1,834 | $29.2K |
| Oct 24, 2025 | Brines Ned Director | Code L | 16 | $261 |
| Oct 24, 2025 | Brines Ned Director | Code L | 583 | $9.5K |
| Oct 1, 2025 | Gebert Richard D Director | Sale 10b5-1 plan | 500 | $8.2K |
| Sep 2, 2025 | Gebert Richard D Director | Sale 10b5-1 plan | 500 | $8.9K |
| Aug 1, 2025 | Gebert Richard D Director | Sale 10b5-1 plan | 500 | $8.4K |
| Jul 18, 2025 | Brines Ned Director | Code L | 15 | $260 |
| Jul 18, 2025 | Brines Ned Director | Code L | 545 | $9.4K |
| Jul 1, 2025 | Gebert Richard D Director | Sale 10b5-1 plan | 500 | $8.8K |
| Jun 2, 2025 | Gebert Richard D Director | Sale 10b5-1 plan | 500 | $9.2K |
| May 1, 2025 | Gebert Richard D Director | Sale 10b5-1 plan | 500 | $9.5K |
| Apr 1, 2025 | SCHAEFFER SCOTT Chair Board and CEO | Sale 10b5-1 plan | 10,000 | $212.1K |
| Apr 1, 2025 | Gebert Richard D Director | Sale 10b5-1 plan | 500 | $10.6K |
| Mar 1, 2025 | Sebra James J President and CFO | Tax withheld | 6,622 | $144.4K |
| Mar 1, 2025 | Delozier Jason R Chief Accounting Officer | Tax withheld | 1,409 | $30.7K |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
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