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The RMR Group RMR Management services — Total revenues

Other product segments

Advisory services
$1.34M+20.4%
Incentive fees
$90K-60.7%

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Other financials

Income statement

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Revenue$153.5M-0.8%
Operating income-$9.3M-193%
Net income$3.2M-23.6%
EPS (diluted)$0.18-28.0%

Balance sheet

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Cash & equivalents$58.2M-52.0%
Total debt$19.6M-19.1%
Total equity$224.2M-3.1%
Total assets$713.6M+10.1%

Cash flow

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Operating cash flow$23.4M+5.6%
CapEx$1.1M+140%
Free cash flow$22.3M+2.9%

Valuation

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Market cap$332.21M+21.5%
Enterprise value$293.59M+66.5%
P/E16.8×+2.8×
P/S0.5×+0.2×

Profitability

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Operating margin6.4%+0.9pp
Net margin3.1%+0.5pp
FCF margin14.5%+5.0pp

Returns & leverage

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Return on equity8.7%+0.4pp
Debt / equity0.1×0.0×
Current ratio1.4×-0.9×

Where this comes from

Reported directly by The RMR Group in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The source filing: The RMR Group’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 4:21 PM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q2 2026
Accession
0001644378-26-000020
Line itemThree Months Ended / June 30, 2026Three Months Ended / June 30, 2025Nine Months Ended / June 30, 2026Nine Months Ended / June 30, 2025
Revenues:
Management services$44,093$42,724$126,685$133,289
Incentive fees9022923,715316
Advisory services1,3431,1153,8693,360
Total management, incentive and advisory services revenues45,52644,068154,269136,965
Income from loan investments, net6774111,869
Rental property revenues5,1922,03315,4325,080
Reimbursable compensation and benefits16,64218,33750,65360,738

Item 1. Financial Statements (unaudited)

FAQ

What is The RMR Group's management services — total revenues?
The RMR Group (RMR) reported management services — total revenues of $44.09M in Q2 2026.
How has The RMR Group's management services — total revenues changed year-over-year?
The RMR Group's management services — total revenues increased by 3.2% year-over-year, from $42.72M to $44.09M.
What is the long-term trend for The RMR Group's management services — total revenues?
Over 4 years (2021 to 2025), The RMR Group's management services — total revenues has grown at a 0.9% compound annual growth rate (CAGR), from $171.1M to $177.58M.
What does management services — total revenues mean?
This metric represents the total gross revenue generated from providing asset management, advisory, and administrative services to real estate investment trusts and related operating companies. It reflects the scale of the firm's core fee-earning activities and its ability to capture value from managing third-party real estate assets. Growth in this figure indicates successful expansion of the managed asset base or an increase in the fee structures applied to client portfolios.

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