RMR | 10-K: FY2025 Revenue: USD 700.28 M

Revenue: As of FY2025, the actual value is USD 700.28 M.

EPS: As of FY2025, the actual value is USD 1.03, missing the estimate of USD 1.16.

EBIT: As of FY2025, the actual value is USD 45.46 M.

Segment Revenue

• Managed Equity REITs: Total management services revenue from the Managed Equity REITs was $123.8 million for the fiscal year ended September 30, 2025, compared to $134.9 million for the fiscal year ended September 30, 2024.
• Other Clients: Management services revenue from other clients, including AlerisLife, Sonesta, and RMR Residential, was $53.8 million for the fiscal year ended September 30, 2025, compared to $53.3 million for the fiscal year ended September 30, 2024.

Operational Metrics

• Net Income: Net income for the fiscal year ended September 30, 2025, was $38.7 million, a decrease from $53.1 million for the fiscal year ended September 30, 2024.
• Operating Income: Operating income for the fiscal year ended September 30, 2025, was $41.8 million, compared to $45.0 million for the fiscal year ended September 30, 2024.

Cash Flow

• Operating Cash Flow: Net cash provided by operating activities was $75.7 million for the fiscal year ended September 30, 2025, compared to $61.4 million for the fiscal year ended September 30, 2024.

Unique Metrics

• Loan Investment Interest Income: Income from loan investments, net, was $2.4 million for the fiscal year ended September 30, 2025, compared to $1.3 million for the fiscal year ended September 30, 2024.

Outlook / Guidance

• The RMR Group Inc. expects to continue expanding its private capital business and anticipates using cash on hand, future operating cash flows, and potentially issuing equity or incurring debt to fund growth and diversify operations through additional acquisition opportunities or seeding new clients.