Filing Flows › RMR Group (RMR) › Q4 FY25
RMR Group (RMR) Q4 FY25 earnings results (fourth quarter fiscal 2025)
10-K filed Nov 12, 2025
RMR Group (RMR) reported revenue of $159M for the fourth quarter fiscal 2025 (Q4 FY25), -25% from a year earlier and +3% from the quarter before. Operating margin was 6.8%, net earnings $3.4M (2.1% of revenue).
RMR Group, Q4 FY25: revenue $159M (-25% year over year), operating margin 6.8%, net earnings $3.4M, operating cash flow $15.6M. The chart follows the revenue to costs, profit and cash.
| Q4 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $159M | +3% | -25% |
| Operating profit | $10.9M | +9% | +9% |
| Net earnings | $3.4M | -18% | -36% |
| Operating cash flow | $15.6M | -29% | — |
| Free cash flow | $14.6M | -33% | — |
What changed
Revenue was $159.4M in Q4 FY25, down 25% year over year and up 3% from the previous quarter. Management services was the largest line at 28% of revenue.
Operating profit was $10.9M, a 6.8% margin (up 2.1 points year over year). Total costs fell 27% while revenue fell 25%. Net earnings were $3.4M, down 36% year over year. The effective tax rate was 21.4%.
Operating cash flow was $15.6M, 206% of net income including minority interests. Non-cash charges added back $3.7M of depreciation and amortization and $5.8M of share-based compensation. Working capital and other items used $1.5M. Capital expenditures of $1.1M left free cash flow of $14.6M.
Questions
What was RMR Group's revenue in the fourth quarter fiscal 2025?
RMR Group (RMR) reported revenue of $159M for the fourth quarter fiscal 2025 (Q4 FY25), -25% from a year earlier and +3% from the quarter before.
Was RMR Group profitable in the fourth quarter fiscal 2025?
Operating profit was $10.9M (6.8% of revenue) and net earnings $3.4M.
Source: RMR Group 10-K on SEC EDGAR.