Independence Realty Trust Reports Q1 2026 Net Loss of $0.1 Million; Guidance Affirmed
Independence Realty Trust reported a first-quarter 2026 net loss available to common shares of $0.1 million, or $0.00 per diluted share, compared with net income of $8.4 million, or $0.04 per share, a year earlier. Rental and other property revenue rose to $165.2 million from $160.9 million, but management affirmed its full-year 2026 guidance, including CFFO per share of $1.12 to $1.16.
Key points
- Net loss available to common shares of $0.1 million ($0.00 per diluted share) vs. net income of $8.4 million ($0.04) in Q1 2025.
- CFFO of $63.5 million ($0.26 per share) vs. $64.2 million ($0.27 per share) a year earlier.
- Rental and other property revenue of $165.2 million vs. $160.9 million; same-store NOI up 1.0%.
- 2026 CFFO per share guidance of $1.12 to $1.16 affirmed; company repurchased 1.8 million shares for $29.9 million in Q1.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:38 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 29, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.