Independence Realty Trust IRT
NYSE IRT
$15.08 -0.15 (-0.98%)
As of: Sep 10, 2026 · 12:39 PM EDT

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

Independence Realty Trust (IRT) posted Operating Expenses of $141.3 million for Q2 2026, down 1.59% on a QoQ basis from $143.6 million in Q1 2026, and up 4.91% year-over-year from $134.7 million in Q2 2025.

Analysis

Independence Realty Trust (IRT) Operating Expenses (2011 - 2026) Analysis & Trends

Independence Realty Trust has reported Operating Expenses for 16 years, with the latest figure at $141.3 million in Q2 2026.

  • On a quarterly basis, Operating Expenses rose 4.91% year-over-year to $141.3 million in Q2 2026; TTM through Jun 2026 was $553.9 million, a 6.09% increase from a year earlier, with the FY2025 full-year figure at $537.8 million, up 4.52% from the prior year.
  • Operating Expenses was $141.3 million for Q2 2026 at Independence Realty Trust, down from $143.6 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 $132.1 million, with a median of $130.8 million recorded in 2023.
  • The sharpest annual moves came in 2022 and 2023: Operating Expenses jumped 220.26% in 2022, then dropped 12.78% in 2023.
  • Over 5 years, Operating Expenses 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 gained by 6.76% to $141.3 million in 2026.
  • The last three Operating Expenses figures came in at $141.3 million (Q2 2026), $143.6 million (Q1 2026), and $132.3 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Vivmark Residential 24.24 Bn 24.24 Bn - 566.18 Mn
2 Invitation Homes 16.37 Bn 16.37 Bn 705.34 Mn 657.51 Mn
3 Mid America Apartment Communities 14.51 Bn 14.38 Bn 537.17 Mn 218.72 Mn
4 Sun Communities 14.18 Bn 14.18 Bn 460.10 Mn 434.40 Mn
5 Equity Lifestyle Properties 11.69 Bn 11.69 Bn 375.97 Mn 298.46 Mn
6 American Homes 4 Rent 11.39 Bn 11.39 Bn - 397.77 Mn
7 Udr 11.31 Bn 11.31 Bn 412.43 Mn 345.25 Mn
8 Camden Property Trust 10.51 Bn 10.51 Bn - 140.94 Mn
9 Avalonbay Communities 9.67 Bn 9.87 Bn - 636.04 Mn
10 Independence Realty Trust 3.55 Bn 3.55 Bn - 141.30 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 141.30 Mn
Mar 31, 2026 143.58 Mn
Dec 31, 2025 132.35 Mn
Sep 30, 2025 136.65 Mn
Jun 30, 2025 134.68 Mn
Mar 31, 2025 134.11 Mn
Dec 31, 2024 124.09 Mn
Sep 30, 2024 129.19 Mn
Jun 30, 2024 129.39 Mn
Mar 31, 2024 131.87 Mn
Dec 31, 2023 127.37 Mn
Sep 30, 2023 129.77 Mn
Jun 30, 2023 129.46 Mn
Mar 31, 2023 127.47 Mn
Dec 31, 2022 120.25 Mn
Sep 30, 2022 120.87 Mn
Jun 30, 2022 139.28 Mn
Mar 31, 2022 146.15 Mn
Dec 31, 2021 60.83 Mn
Sep 30, 2021 46.73 Mn