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

Independence Realty Trust has reported Operating Expenses for 16 years, with the latest figure at $143.6 million in Q1 2026.

• For the quarter ending Q1 2026, Operating Expenses rose 7.07% year-over-year to $143.6 million; the trailing twelve-month figure through Mar 2026 stood at $547.3 million (up 5.9% YoY), and the FY2025 full-year result was $537.8 million, up 4.52% from the prior year.
• Operating Expenses for Q1 2026 stood at $143.6 million, up from $132.3 million in the prior quarter.
• The five-year high for Operating Expenses was $146.1 million in Q1 2022, with the low at $120.3 million in Q4 2022.
• Average Operating Expenses over 5 years is $131.6 million, with a median of $129.8 million recorded in 2023.
• Year-over-year, Operating Expenses surged 220.26% in 2022 and declined 12.78% in 2023.
• Tracing IRT's Operating Expenses over 5 years: stood at $120.3 million in 2022, then grew by 5.92% to $127.4 million in 2023, then dropped by 2.57% to $124.1 million in 2024, then increased by 6.65% to $132.3 million in 2025, then climbed by 8.49% to $143.6 million in 2026.
• The last three Operating Expenses figures came in at $143.6 million (Q1 2026), $132.3 million (Q4 2025), and $136.6 million (Q3 2025), per Business Quant data.

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