Independence Realty Trust annual operating expenses
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Independence Realty Trust Operating Expenses Growth & History (IRT)
Independence Realty Trust's operating expenses was $537.8M for fiscal 2025.
View full Independence Realty Trust company overviewIndependence Realty Trust annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $537.8M | $23.2M | +4.52% |
| 2024 | 2024-12-31 | $514.5M | $475,000 | +0.09% |
| 2023 | 2023-12-31 | $514.1M | −$12.5M | −2.37% |
| 2022 | 2022-12-31 | $526.6M | $327.9M | +165.04% |
| 2021 | 2021-12-31 | $198.7M | $30.6M | +18.19% |
| 2020 | 2020-12-31 | $168.1M | $15.2M | +9.97% |
| 2019 | 2019-12-31 | $152.9M | $13.4M | +9.64% |
| 2018 | 2018-12-31 | $139.4M | $23.6M | +20.40% |
| 2017 | 2017-12-31 | $115.8M | $2.1M | +1.82% |
| 2016 | 2016-12-31 | $113.7M | $14.3M | +14.42% |
| 2015 | 2015-12-31 | $99.4M | $58.8M | +144.63% |
| 2014 | 2014-12-31 | $40.6M | $25.6M | +170.69% |
| 2013 | 2013-12-31 | $15.0M | $2.1M | +16.38% |
| 2012 | 2012-12-31 | $12.9M | $5.6M | +76.41% |
| 2011 | 2011-12-31 | $7.3M | $7.3M | — |
| 2010 | 2010-12-31 | $0 | — | — |
Independence Realty Trust quarterly operating expenses
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| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $141.3M | $6.6M | +4.91% |
| Q1 2026 | 2026-03-31 | $143.6M | $9.5M | +7.07% |
| Q4 2025 | 2025-12-31 | $132.3M | $8.3M | +6.65% |
| Q3 2025 | 2025-09-30 | $136.6M | $7.5M | +5.77% |
| Q2 2025 | 2025-06-30 | $134.7M | $5.3M | +4.09% |
| Q1 2025 | 2025-03-31 | $134.1M | $2.2M | +1.69% |
| Q4 2024 | 2024-12-31 | $124.1M | −$3.3M | −2.57% |
| Q3 2024 | 2024-09-30 | $129.2M | −$581,000 | −0.45% |
| Q2 2024 | 2024-06-30 | $129.4M | −$78,000 | −0.06% |
| Q1 2024 | 2024-03-31 | $131.9M | $4.4M | +3.46% |
| Q4 2023 | 2023-12-31 | $127.4M | $7.1M | +5.92% |
| Q3 2023 | 2023-09-30 | $129.8M | $8.9M | +7.37% |
| Q2 2023 | 2023-06-30 | $129.5M | −$9.8M | −7.05% |
| Q1 2023 | 2023-03-31 | $127.5M | −$18.7M | −12.78% |
| Q4 2022 | 2022-12-31 | $120.3M | $59.4M | +97.70% |
| Q3 2022 | 2022-09-30 | $120.9M | $74.1M | +158.64% |
| Q2 2022 | 2022-06-30 | $139.3M | $93.8M | +206.27% |
| Q1 2022 | 2022-03-31 | $146.1M | $100.5M | +220.26% |
| Q4 2021 | 2021-12-31 | $60.8M | $19.6M | +47.45% |
| Q3 2021 | 2021-09-30 | $46.7M | $4.4M | +10.34% |
| Q2 2021 | 2021-06-30 | $45.5M | $3.2M | +7.60% |
| Q1 2021 | 2021-03-31 | $45.6M | $3.4M | +8.07% |
| Q4 2020 | 2020-12-31 | $41.3M | $3.0M | +7.94% |
| Q3 2020 | 2020-09-30 | $42.4M | $3.4M | +8.61% |
| Q2 2020 | 2020-06-30 | $42.3M | $3.9M | +10.09% |
| Q1 2020 | 2020-03-31 | $42.2M | $5.0M | +13.35% |
| Q4 2019 | 2019-12-31 | $38.2M | $2.4M | +6.78% |
| Q3 2019 | 2019-09-30 | $39.0M | $4.2M | +12.01% |
| Q2 2019 | 2019-06-30 | $38.4M | $3.6M | +10.48% |
| Q1 2019 | 2019-03-31 | $37.3M | $3.2M | +9.38% |
| Q4 2018 | 2018-12-31 | $35.8M | $4.8M | +15.43% |
| Q3 2018 | 2018-09-30 | $34.8M | $5.7M | +19.69% |
| Q2 2018 | 2018-06-30 | $34.8M | $6.4M | +22.60% |
| Q1 2018 | 2018-03-31 | $34.1M | $6.7M | +24.49% |
| Q4 2017 | 2017-12-31 | $31.0M | $3.6M | +13.19% |
| Q3 2017 | 2017-09-30 | $29.1M | $1.3M | +4.72% |
| Q2 2017 | 2017-06-30 | $28.3M | $1.1M | +3.89% |
| Q1 2017 | 2017-03-31 | $27.4M | −$3.9M | −12.53% |
| Q4 2016 | 2016-12-31 | $27.4M | −$4.8M | −14.79% |
| Q3 2016 | 2016-09-30 | $27.8M | −$3.5M | −11.22% |
| Q2 2016 | 2016-06-30 | $27.3M | $9.2M | +50.83% |
| Q1 2016 | 2016-03-31 | $31.3M | $13.4M | +74.97% |
| Q4 2015 | 2015-12-31 | $32.1M | $19.0M | +144.23% |
| Q3 2015 | 2015-09-30 | $31.3M | $20.5M | +188.78% |
| Q2 2015 | 2015-06-30 | $18.1M | $8.2M | +83.67% |
| Q1 2015 | 2015-03-31 | $17.9M | $11.1M | +163.40% |
| Q4 2014 | 2014-12-31 | $13.2M | $8.7M | +192.88% |
| Q3 2014 | 2014-09-30 | $10.8M | $7.3M | +202.68% |
| Q2 2014 | 2014-06-30 | $9.8M | $6.4M | +183.23% |
| Q1 2014 | 2014-03-31 | $6.8M | $3.3M | +96.16% |
| Q4 2013 | 2013-12-31 | $4.5M | $928,000 | +26.02% |
| Q3 2013 | 2013-09-30 | $3.6M | $333,000 | +10.26% |
| Q2 2013 | 2013-06-30 | $3.5M | $429,000 | +14.07% |
| Q1 2013 | 2013-03-31 | $3.5M | $423,000 | +13.93% |
| Q4 2012 | 2012-12-31 | $3.6M | $915,000 | +34.52% |
| Q3 2012 | 2012-09-30 | $3.2M | $588,000 | +22.12% |
| Q2 2012 | 2012-06-30 | $3.0M | $1.1M | +57.19% |
| Q1 2012 | 2012-03-31 | $3.0M | $3.0M | +4720.63% |
| Q4 2011 | 2011-12-31 | $2.7M | — | — |
| Q3 2011 | 2011-09-30 | $2.7M | $2.7M | — |
| Q2 2011 | 2011-06-30 | $1.9M | $1.9M | — |
| Q1 2011 | 2011-03-31 | $63,000 | — | — |
| Q3 2010 | 2010-09-30 | $0 | — | — |
| Q2 2010 | 2010-06-30 | $0 | — | — |
Independence Realty Trust operating expenses trends
Over the last five fiscal years, Independence Realty Trust's operating expenses increased from $168.1M to $537.8M, a change of $369.7M. The latest reported quarter, Q2 2026, shows $141.3M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Independence Realty Trust source filings ↗