Short answer
INDEPENDENCE REALTY TRUST, INC. (IRT) filed its Q1 2026 10-Q quarterly report on Apr 30, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $165M (up 2.5% year over year) with net income of −$68,000.
Q1 2026 key financials · XBRL
- Revenue
- $165M
- +2.5% YoY
- Net income
- −$68,000
- −100.8% YoY
- EPS (diluted)
- $0.00
- −100.0% YoY
Source: XBRL data from the INDEPENDENCE REALTY TRUST, INC. (IRT) Q1 2026 10-Q on SEC EDGAR. USD.
INDEPENDENCE REALTY TRUST, INC. Q1 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Rental revenue $165.2M, up $4.3M or 2.7% YoY from $160.9M
- Same-store NOI $98.3M, up 1.0%; NOI margin 62.9% vs 63.2% YoY
- Best performer non-same-store portfolio, NOI $4.8M, up 11.3%; worst same-store occupancy 95.2% vs 95.3%
- Net loss $0.1M vs net income $8.5M YoY; FFO $64.9M vs $67.4M
- Repurchased 1.8M shares for $29.9M; management cited pricing pressure, capital-market volatility, inflation, and disposition risks as headwinds
Risk Factors
- No risk-factors section provided, preventing identification of newly added or changed risks versus the 10-K
- Financial risk: $190.1 million remaining under the stock repurchase authorization
- Capital-markets risk: $29.9 million spent repurchasing 1,839,460 shares during the quarter
- Ownership dilution risk: 5,941,643 IROP units held by unaffiliated third parties remained outstanding
- Financing risk: Sixth Amended and Restated Credit Agreement executed February 11, 2026
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
Other INDEPENDENCE REALTY TRUST, INC. quarterly reports
Ask about this quarter
Compare quarters, check guidance or see what insiders and funds did around the report.