Independence Realty Trust (IRT) Operating Expenses (2011 - 2026)

Independence Realty Trust's Operating Expenses history runs 16 years deep, the most recent figure standing at $143.6 million for Q1 2026.

• On a quarterly basis, Operating Expenses rose 7.07% year-over-year to $143.6 million in Q1 2026; TTM through Mar 2026 was $547.3 million, a 5.9% increase from a year earlier, with the FY2025 full-year figure at $537.8 million, up 4.52% from the prior year.
• Operating Expenses grew to $143.6 million in Q1 2026 per IRT's latest filing, from $132.3 million in the prior quarter.
• Across five years, Operating Expenses topped out at $146.1 million in Q1 2022 and bottomed at $120.3 million in Q4 2022.
• The 5-year median for Operating Expenses is $129.8 million (2023), against an average of $131.6 million.
• Across the five-year window, Operating Expenses surged 220.26% in 2022 and declined 12.78% in 2023, its largest moves.
• Year by year, Operating Expenses stood at $120.3 million in 2022, then climbed by 5.92% to $127.4 million in 2023, then slipped by 2.57% to $124.1 million in 2024, then grew by 6.65% to $132.3 million in 2025, then advanced by 8.49% to $143.6 million in 2026.
• Per Business Quant, the three latest IRT Operating Expenses figures stand at $143.6 million (Q1 2026), $132.3 million (Q4 2025), and $136.6 million (Q3 2025).