Quarterly ResultAug 5, 2026, 04:31 PM
RMR Group Q2 Net Income $3.2M; $19.1M Impairment from OPI Agreements
AI Summary
The RMR Group Inc. reported Q2 2026 net income attributable to RMR Inc. of $3.2 million, down from $4.2 million in Q2 2025, with basic EPS of $0.18. For the nine months ended June 30, 2026, net income attributable to RMR Inc. increased to $16.4 million ($0.95 EPS) from $14.2 million ($0.83 EPS) in the prior year. The quarter included a significant $19.1 million impairment loss related to the unamortized portion of prior OPI management agreements following OPI's emergence from Chapter 11 and new agreements. RMR also strategically invested $50.0 million in SVC common shares, increasing its beneficial ownership to 6.4%.
Key Highlights
- Q2 2026 net income attributable to RMR Inc. was $3.2 million, down from $4.2 million in Q2 2025.
- Basic EPS for Q2 2026 was $0.18, compared to $0.25 in Q2 2025.
- Nine-month net income attributable to RMR Inc. increased to $16.4 million from $14.2 million year-over-year.
- Recognized a $19.1 million loss on impairment of other assets due to new OPI management agreements.
- Purchased $50.0 million in SVC common shares, increasing beneficial ownership to 6.4%.
- Total management, incentive, and advisory services revenues for nine months increased to $154.3 million from $137.0 million.
- Net cash provided by operating activities for nine months increased to $82.9 million from $60.1 million.
Price Impact
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