Filing Flows › RMR Group (RMR) › Q3 FY25
RMR Group (RMR) Q3 FY25 earnings results (third quarter fiscal 2025)
10-Q filed Aug 5, 2025
RMR Group (RMR) reported revenue of $155M for the third quarter fiscal 2025 (Q3 FY25), -25% from a year earlier and -7% from the quarter before. Operating margin was 6.4%, net earnings $4.2M (2.7% of revenue).
RMR Group, Q3 FY25: revenue $155M (-25% year over year), operating margin 6.4%, net earnings $4.2M, operating cash flow $22.1M. The chart follows the revenue to costs, profit and cash.
| Q3 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $155M | -7% | -25% |
| Operating profit | $10.0M | +32% | -19% |
| Net earnings | $4.2M | +16% | -15% |
| Operating cash flow | $22.1M | +71% | -31% |
| Free cash flow | $21.7M | +76% | -31% |
What changed
Revenue was $154.7M in Q3 FY25, down 25% year over year and down 7% from the previous quarter. Management services was the largest line at 28% of revenue. Management services lost $5.0M year over year (down 11%), 10% of the total change.
Operating profit was $10.0M, a 6.4% margin (up 0.5 points year over year). Total costs fell 25% while revenue fell 25%. Net earnings were $4.2M, down 15% year over year. The effective tax rate was 15.9%.
Operating cash flow was $22.1M (down 31% year over year), 238% of net income including minority interests. Non-cash charges added back $3.0M of depreciation and amortization and $2.1M of share-based compensation. Working capital and other items added $7.7M. Capital expenditures of $443K left free cash flow of $21.7M.
Questions
What was RMR Group's revenue in the third quarter fiscal 2025?
RMR Group (RMR) reported revenue of $155M for the third quarter fiscal 2025 (Q3 FY25), -25% from a year earlier and -7% from the quarter before.
Was RMR Group profitable in the third quarter fiscal 2025?
Operating profit was $10.0M (6.4% of revenue) and net earnings $4.2M.
Source: RMR Group 10-Q on SEC EDGAR.