RMR (RMR) financial statements
RMR reported revenue of $183M in fiscal 2025, down 4.1% a year over 9 years.
Net income was $18M and the operating margin 22.9%, against 55.0% in 2016.
The diluted share count rose 4% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from RMR's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $267M | $272M | $405M | $713M | $590M | $607M | $200M | $236M | $194M | $183M |
| Cost of revenue | $92M | $100M | — | — | — | — | — | — | — | — |
| Gross profit | $175M | $172M | — | — | — | — | — | — | — | — |
| Selling, general and admin | $23M | $25M | $27M | $29M | $27M | $27M | $33M | $36M | $44M | $42M |
| Operating income | $147M | $136M | $252M | $198M | $69M | $72M | $88M | $114M | $45M | $42M |
| Interest expense | — | — | — | — | — | — | $0 | $0 | $783,000 | $4M |
| Pre-tax income | $147M | $137M | $276M | $196M | $78M | $94M | $91M | $150M | $64M | $46M |
| Income tax | $25M | $28M | $59M | $27M | $12M | $13M | $13M | $22M | $11M | $8M |
| Net income | $37M | $42M | $96M | $75M | $29M | $36M | $34M | $57M | $23M | $18M |
| EPS (diluted) | $2.33 | $2.63 | $5.92 | $4.59 | $1.75 | $2.15 | $2.04 | $3.44 | $1.38 | $1.03 |
| Diluted shares | 16M | 16M | 16M | 16M | 31M | 31M | 31M | 16M | 17M | 17M |
| Gross margin | 65.5% | 63.3% | — | — | — | — | — | — | — | — |
| Operating margin | 55.0% | 49.9% | 62.2% | 27.7% | 11.7% | 11.9% | 44.2% | 48.2% | 23.2% | 22.9% |
| Net margin | 14.0% | 15.6% | 23.7% | 10.5% | 4.9% | 5.9% | 17.0% | 24.2% | 11.9% | 9.6% |
Balance sheet
Fiscal years, from RMR's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $66M | $109M | $257M | $358M | $370M | $160M | $189M | $268M | $142M | $62M |
| Total current assets | $95M | $141M | $296M | $458M | $456M | $255M | $303M | $386M | $294M | $193M |
| Property, plant and equipment | $4M | $3M | $3M | $2M | $2M | $2M | $2M | $5M | $76M | $229M |
| Goodwill | $2M | $2M | $2M | $2M | $2M | $2M | $2M | $2M | $72M | $72M |
| Total assets | $338M | $384M | $499M | $661M | $690M | $498M | $542M | $582M | $700M | $718M |
| Total current liabilities | $21M | $26M | $28M | $91M | $82M | $81M | $109M | $106M | $133M | $118M |
| Total liabilities | $91M | $94M | $70M | $132M | $149M | $150M | $173M | $159M | $281M | $316M |
| Shareholders' equity | $122M | $150M | $233M | $289M | $296M | $195M | $207M | $240M | $238M | $228M |
| Net debt | -$66M | -$109M | -$257M | -$358M | -$370M | -$160M | -$189M | -$268M | -$142M | -$62M |
Cash flow
Fiscal years, from RMR's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $100M | $126M | $228M | $198M | $77M | $72M | $101M | $109M | $61M | $76M |
| Capital spending | $1M | $827,000 | $648,000 | $702,000 | $601,000 | $1M | $1M | $4M | $4M | — |
| Free cash flow | $99M | $125M | $228M | $198M | $77M | $71M | $100M | $105M | $58M | — |
| Stock-based compensation | $8M | $6M | $10M | $9M | $8M | $12M | $10M | $12M | $11M | $10M |
| Dividends paid | $17M | $16M | $16M | $23M | $25M | $140M | $26M | $27M | $28M | $30M |
| Share buybacks (net) | -$91,000 | -$358,000 | -$987,000 | -$827,000 | -$523,000 | -$834,000 | -$547,000 | -$734,000 | -$1M | -$903,000 |
| Free cash flow margin | 37.0% | 46.0% | 56.3% | 27.7% | 13.0% | 11.6% | 50.1% | 44.6% | 29.7% | — |
| Dividends per share | $1.08 | $1.00 | $1.00 | $1.41 | $0.79 | $4.47 | $0.82 | $1.62 | $1.72 | $1.82 |
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What was RMR's revenue in 2025?
$183M in fiscal 2025, from its 10-K filing.
From RMR's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.