RM (RM) financial statements
RM reported revenue of $646M in fiscal 2025, up 11.6% a year over 9 years.
Net income was $44M.
Free cash flow was $304M, and the company returned $24M in net buybacks.
The diluted share count fell 17% over the period (buybacks).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from RM's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $241M | $272M | $307M | $356M | $374M | $428M | $507M | $551M | $589M | $646M |
| Selling, general and admin | $125M | $138M | $148M | $165M | $187M | $210M | $238M | $259M | $267M | $276M |
| Interest expense | $20M | $24M | $33M | $40M | $38M | $31M | — | — | — | — |
| Pre-tax income | $39M | $40M | $46M | $59M | $36M | $112M | $65M | $21M | $54M | $58M |
| Income tax | $15M | $10M | $11M | $14M | $9M | $24M | $14M | $5M | $13M | $13M |
| Net income | $24M | $30M | $35M | $45M | $27M | $89M | $51M | $16M | $41M | $44M |
| EPS (diluted) | $1.99 | $2.54 | $2.93 | $3.80 | $2.40 | $8.33 | $5.30 | $1.66 | $4.14 | $4.45 |
| Diluted shares | 12M | 12M | 12M | 12M | 11M | 11M | 10M | 10M | 10M | 10M |
| Net margin | 10.0% | 11.0% | 11.5% | 12.6% | 7.1% | 20.7% | 10.1% | 2.9% | 7.0% | 6.9% |
Balance sheet
Fiscal years, from RM's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $4M | $5M | $4M | $2M | $8M | $11M | $4M | $5M | $4M | $4M |
| Property, plant and equipment | $12M | $12M | $14M | $15M | $14M | $13M | $15M | $14M | $14M | $13M |
| Goodwill | $716,000 | $716,000 | $716,000 | $716,000 | $716,000 | $716,000 | $716,000 | — | — | — |
| Total assets | $712M | $829M | $956M | $1.2B | $1.1B | $1.5B | $1.7B | $1.8B | $1.9B | $2.1B |
| Total liabilities | $505M | $590M | $677M | $856M | $832M | $1.2B | $1.4B | $1.5B | $1.6B | $1.7B |
| Shareholders' equity | $207M | $239M | $279M | $303M | $272M | $283M | $309M | $322M | $357M | $373M |
| Net debt | -$4M | -$5M | -$4M | -$2M | -$8M | -$11M | -$4M | -$5M | -$4M | -$4M |
Cash flow
Fiscal years, from RM's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $100M | $115M | $146M | $158M | $165M | $189M | $224M | $249M | $269M | $309M |
| Capital spending | $6M | $5M | $5M | $6M | $4M | $4M | $6M | $5M | $5M | $5M |
| Free cash flow | $94M | $111M | $141M | $152M | $161M | $185M | $218M | $244M | $264M | $304M |
| Stock-based compensation | $4M | $4M | $5M | $5M | $6M | $7M | $11M | $12M | $11M | $12M |
| Share buybacks (net) | -$25M | — | — | -$25M | -$12M | -$67M | -$21M | — | -$4M | -$24M |
| Free cash flow margin | 39.0% | 40.6% | 46.0% | 42.8% | 43.1% | 43.3% | 43.1% | 44.3% | 44.8% | 47.1% |
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Open RM in InvestinglyQuestions
What was RM's revenue in 2025?
$646M in fiscal 2025, from its 10-K filing.
How much free cash flow does RM generate?
$304M in fiscal 2025 (operating cash flow minus capital spending).
From RM's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.