Latest: Q3 FY26 · from the cash-flow statements filed with the SEC
Free cash flow$22.3M in Q3 FY26 · $92.7M over twelve months
Operating cash flow$23.4M
Capital spending−$1.1M
Free cash flow+$22.3M
Cash / net income3.2×
Analysis
In Q3 FY26, RMR Group generated $23.4M of operating cash flow and spent $1.1M on capital projects, leaving free cash flow of $22.3M. That is $625K more than in Q3 FY25 ($21.7M).
Over the twelve months to Jun 30, 2026, operating cash flow was $98.6M; the largest uses were real estate bought ($144M), other financing ($55.2M), dividends ($30.6M); besides operations, cash came from net borrowing (+) / repaid (−) ($95.0M); the cash balance fell by $63.1M.
Operating cash flow was $23.4M against net income of $7.4M — 3.2× profit, cash ran ahead of reported earnings. The largest differences: impairments +$19.1M, payables +$11.5M, stock-based pay +$5.6M.
Free cash flow
Operating cash flow less capital spending.Latest (Q3 FY26): Operating cash flow $23.4M, Capital spending $1.1M.
Capital allocation, year by year
Over these 5 years operating cash flow totalled $419M; the largest uses were dividends ($251M) and acquisitions ($78.8M). Cash-flow statements as filed.
Cash runway and the debt wall
Cash & investments$58.2M
Debt$44.6M
Net cash$13.6M
RMR Group funds itself: free cash flow was $92.7M over the last twelve months, and $58.2M of cash and investments stands against $44.6M of debt.
Where the cash came from and went
From profit to cash
Non-cash charges are added back; money tied up in receivables or inventory is subtracted.
Every quarter
Quarter
Operating cash flow
Capital spending
Buybacks
Dividends
Net borrowing (+) / repaid (−)
Cash drawn (+) / kept (−)
Free cash flow
Q3 FY26
$23.4M
−$1.1M
−$27K
−$7.7M
$1.7M
$21.9M
$22.3M
Q2 FY26
$48.8M
−$2.7M
−$46K
−$7.7M
—
−$30.8M
$46.1M
Q1 FY26
$10.7M
−$1.1M
−$35K
−$7.7M
−$45.1M
$13.0M
$9.7M
Q4 FY25
$15.6M
−$1.1M
−$740K
−$7.6M
$93.2M
$59.0M
$14.6M
Q3 FY25
$22.1M
−$443K
−$134K
−$7.6M
—
$15.9M
$21.7M
Q2 FY25
$13.0M
−$662K
−$23K
−$7.6M
—
$10.4M
$12.3M
Q1 FY25
$25.0M
−$1.5M
−$6K
−$7.6M
—
−$6.0M
$23.6M
Q4 FY24
−$5.7M
−$1.2M
−$986K
−$7.5M
—
$66.4M
−$6.9M
RMR Group: income statement and cash flow
RMR Group, Q3 FY26: revenue $154M (-0.8% year over year), operating margin -6.0%. The chart follows the revenue to costs, profit and cash.
Read automatically from the company’s XBRL cash-flow statements; quarterly figures for the fourth quarter are the year less the first three. Errors are possible. Not investment advice.