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Consolidated Statements of Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2023
Revenues:      
Total management, termination, incentive and advisory services revenues $ 182,703 $ 193,920 $ 236,164
Loan investment interest income 5,848 1,400 0
Compensation and benefits (3,401) (87) 0
Income from loan investments, net 2,447 1,313 0
Rental property revenues 8,273 1,604 0
Total reimbursable costs 506,861 700,776 726,152
Total revenues 700,284 897,613 962,316
Expenses:      
Compensation and benefits 161,728 170,357 136,355
Equity based compensation 9,664 10,624 12,488
Separation costs 7,078 6,297 2,002
Total compensation and benefits expense 178,470 187,278 150,845
General and administrative 42,497 43,743 36,019
Other reimbursable expenses 422,009 608,688 656,401
Rental property expenses 2,833 462 0
Transaction and acquisition related costs 1,142 7,750 4,221
Depreciation and amortization 11,551 4,713 1,102
Total expenses 658,502 852,634 848,588
Operating income 41,782 44,979 113,728
Interest income 5,197 10,403 10,574
Interest expense (4,308) (783) 0
Change in fair value of Earnout liability 8,319 2,589 0
(Loss) gain on investments (5,085) 7,260 25,237
Gain on sale of real estate 445 0 0
Income before income tax expense 46,350 64,448 149,539
Income tax expense attributable to RMR Inc. (7,671) (11,319) (21,768)
Net income 38,679 53,129 127,771
Net income attributable to noncontrolling interest in The RMR Group LLC (21,910) (30,039) (70,624)
Net loss attributable to other noncontrolling interests 827 40 0
Net income attributable to The RMR Group Inc. 17,596 23,130 57,147
Other comprehensive loss:      
Unrealized loss on derivatives (117) 0 0
Less: unrealized loss on derivatives attributable to noncontrolling interest 55 0 0
Other comprehensive loss attributable to The RMR Group Inc. (62) 0 0
Comprehensive income attributable to The RMR Group Inc. $ 17,534 $ 23,130 $ 57,147
Weighted average common shares outstanding - basic (in shares) 16,644 16,532 16,426
Weighted average common shares outstanding - diluted (in shares) 16,644 16,532 16,426
Net income attributable to The RMR Group Inc. per common share - basic (in dollars per share) $ 1.03 $ 1.38 $ 3.44
Net income attributable to The RMR Group Inc. per common share - diluted (in dollars per share) $ 1.03 $ 1.38 $ 3.44
Management services      
Revenues:      
Total management, termination, incentive and advisory services revenues $ 177,575 $ 188,201 $ 185,702
Termination and incentive fees      
Revenues:      
Total management, termination, incentive and advisory services revenues 653 1,213 45,942
Advisory services      
Revenues:      
Total management, termination, incentive and advisory services revenues 4,475 4,506 4,520
Reimbursable compensation and benefits      
Revenues:      
Total reimbursable costs 77,970 84,169 59,925
Reimbursable equity based compensation      
Revenues:      
Total reimbursable costs 6,882 7,919 9,826
Other reimbursable expenses      
Revenues:      
Total reimbursable costs $ 422,009 $ 608,688 $ 656,401