InvenTrust Properties Corp. (IVT) Income Statement
IVT 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsIVT revenue and net income
Where IVT's revenue goes
2025Each bar shows an amount and its share of revenue. IVT kept 37.2% of revenue as net income.
IVT profit margins
IVT growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +9.2% | +8.1% | +8.6% | −4.0% |
| Gross profit | −121.7% | — | — | — |
| Operating income | +9.4% | +13.4% | +23.1% | — |
| Net income | +715.8% | +28.7% | — | +41.5% |
| EPS (diluted) | +36.4% | +23.3% | +4.6% | +14.1% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
IVT quarterly EPS vs estimates
InvenTrust Properties beat the analyst EPS estimate in 2 of the last 8 quarters. Next report: October 27, 2026 (estimate $0.49).
IVT income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $299.2M | $274.0M | $258.7M | $236.7M | $212.0M | $197.8M | $226.5M | $242.7M | $251.8M | $249.7M |
| Cost of revenue | $341.3M | $79.9M | $77.6M | $73.2M | $64.1M | $58.8M | $66.2M | $70.0M | $67.5M | $69.6M |
| Gross profit | −$42.2M | $194.1M | $181.0M | $163.5M | $147.9M | $139.1M | $160.3M | $172.6M | $184.3M | $180.1M |
| Research & development | — | — | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1 |
| Sales, general & admin | $34.9M | $33.2M | $31.8M | $33.3M | $38.2M | $33.1M | $35.4M | $35.3M | $46.4M | $54.0M |
| Total operating expenses | −$93.6M | $147.1M | $145.2M | $128.3M | $145.1M | $120.9M | $132.8M | $135.9M | $141.7M | $140.3M |
| Operating income | $51.4M | $47.0M | $35.8M | $35.2M | $2.8M | $18.2M | $27.5M | $33.3M | $14.8M | −$1.3M |
| Interest income | $34.5M | $37.1M | $38.7M | $23.1M | $9.3M | $18.6M | $2.5M | $2.0M | $4.2M | $17.9M |
| Interest expense | $34.5M | $37.1M | $38.1M | $26.8M | $16.3M | $18.7M | $22.7M | $24.9M | $30.2M | $44.1M |
| Income before taxes | $111.4M | $13.7M | $5.3M | $52.2M | −$5.4M | −$10.2M | $63.9M | $83.9M | $59.3M | $87.1M |
| Income taxes | — | — | $35.8M | $26.8M | $23.3M | $26.0M | $1.1M | $30,000 | $1.3M | $201,000 |
| Net income | $111.4M | $13.7M | $5.3M | $52.2M | −$5.4M | −$10.2M | $38.4M | $83.8M | $61.8M | $252.7M |
| EBITDA | $274.4M | $164.7M | $153.5M | $168.4M | $98.0M | $105.9M | $184.0M | $159.5M | $141.1M | $175.5M |
| EPS (diluted) | $0.15 | $0.11 | −$0.07 | $0.08 | $0.54 | $0.12 | $1.56 | $1.26 | $0.80 | $0.54 |
| Gross margin | −14.1% | 70.9% | 70.0% | 69.1% | 69.8% | 70.3% | 70.8% | 71.1% | 73.2% | 72.1% |
| Operating margin | 17.2% | 17.2% | 13.8% | 14.9% | 1.3% | 9.2% | 12.2% | 13.7% | 5.9% | −0.5% |
| Net margin | 37.2% | 5.0% | 2.0% | 22.1% | −2.5% | −5.1% | 17.0% | 34.6% | 24.5% | 101.2% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $82.8M | $82.6M | $77.4M | $74.0M | $73.6M | $73.8M | $70.8M | $68.5M | $67.4M | $66.8M | $65.6M | $64.1M |
| Cost of revenue | $22.6M | $21.9M | $91.3M | $20.1M | $21.7M | $20.1M | $21.6M | $20.0M | $19.3M | $19.0M | $47.3M | $19.9M |
| Gross profit | $60.3M | $60.7M | −$13.9M | $53.9M | $51.9M | $53.7M | $49.2M | $48.5M | $48.1M | $47.8M | $18.3M | $44.2M |
| Sales, general & admin | $8.9M | $9.3M | $9.4M | $8.3M | $8.7M | $8.5M | $8.4M | $8.1M | $8.7M | $8.0M | $8.4M | $7.6M |
| Total operating expenses | $47.6M | $45.7M | −$25.1M | $41.0M | $39.4M | $39.2M | $37.3M | $36.3M | $37.5M | $36.1M | $9.3M | $37.9M |
| Operating income | $12.7M | $15.0M | $11.1M | $12.9M | $12.4M | $14.5M | $11.9M | $12.3M | $10.7M | $11.7M | $9.0M | $6.3M |
| Interest income | — | — | $8.9M | $9.0M | $8.3M | $8.3M | $8.4M | $9.5M | — | — | — | $9.5M |
| Interest expense | $11.3M | $10.1M | $24.5M | $42.3M | $8.3M | $8.3M | $8.4M | $9.5M | $9.6M | $9.6M | $9.7M | $9.6M |
| Income before taxes | $1.4M | $5.2M | $2.7M | $6.0M | $95.9M | $6.8M | $9.8M | −$539,000 | $1.5M | $2.9M | $2.9M | −$822,000 |
| Income taxes | — | — | — | — | — | — | — | −$2.5M | — | $28.1M | −$30.0M | $10.3M |
| Net income | $1.4M | $5.2M | $2.7M | $6.0M | $95.9M | $6.8M | $9.8M | −$539,000 | $1.5M | $2.9M | $2.9M | −$822,000 |
| EBITDA | $49.7M | $51.7M | $44.7M | $79.9M | $135.0M | $45.7M | $47.0M | $37.1M | $39.9M | $40.7M | $40.7M | $39.1M |
| EPS (diluted) | $0.48 | $0.02 | $0.01 | $0.04 | $0.04 | $0.06 | $0.05 | $0.02 | $0.02 | $0.02 | −$0.02 | −$0.06 |
| Gross margin | 72.8% | 73.5% | −18.0% | 72.8% | 70.5% | 72.7% | 69.5% | 70.8% | 71.4% | 71.6% | 27.9% | 69.0% |
| Operating margin | 15.3% | 18.1% | 14.4% | 17.4% | 16.9% | 19.7% | 16.8% | 17.9% | 15.8% | 17.5% | 13.7% | 9.8% |
| Net margin | 1.7% | 6.3% | 3.4% | 8.1% | 130.4% | 9.2% | 13.8% | −0.8% | 2.2% | 4.3% | 4.4% | −1.3% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in IVT's financial statements (latest annual report filed February 12, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
IVT financial results
In fiscal year 2025 (ended December 31, 2025), InvenTrust Properties reported revenue of $299.2 million, up 9.2% from the year before. It had net income of $111.4 million (up 715.8%), a net profit margin of 37.2%. Diluted earnings per share came to $0.15. Over five years revenue grew at an average rate of 8.6% a year.
See the IVT stock overview for the latest quote and news, or the IVT chart for price history and technical indicators.
IVT income statement FAQ
What is InvenTrust Properties's annual revenue?
InvenTrust Properties reported total revenue of $299.2 million for fiscal year 2025, which ended on December 31, 2025. That was up 9.2% from $274.0 million the previous year.
Is InvenTrust Properties profitable?
Yes. InvenTrust Properties reported net income of $111.4 million in fiscal 2025, a net profit margin of 37.2%; its operating margin was 17.2%.
What is InvenTrust Properties's gross margin?
InvenTrust Properties's gross margin was −14.1% in fiscal 2025: for every $100 of revenue, InvenTrust Properties kept $-14 after the direct cost of its products and services.
How fast is InvenTrust Properties growing?
Revenue grew 8.6% a year on average over the last five fiscal years, from $197.8 million to $299.2 million.
What are InvenTrust Properties's earnings per share?
InvenTrust Properties earned $0.15 per diluted share in fiscal 2025, compared with $0.11 a year earlier.
When will InvenTrust Properties report its next earnings?
InvenTrust Properties is expected to report results for the quarter ending September 30, 2026 on October 27, 2026 after the market closes.
When does InvenTrust Properties's fiscal year end?
InvenTrust Properties's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 12, 2026.