vs

Side-by-side financial comparison of Black Rock Coffee Bar, Inc. (BRCB) and RMR GROUP INC. (RMR). Click either name above to swap in a different company.

RMR GROUP INC. is the larger business by last-quarter revenue ($66.7M vs $51.5M, roughly 1.3× Black Rock Coffee Bar, Inc.). RMR GROUP INC. runs the higher net margin — 18.3% vs -1.4%, a 19.7% gap on every dollar of revenue.

Black Rock Coffee Bar, Inc. is a U.S.-based specialty coffee retail chain that offers handcrafted premium coffee beverages, energy drinks, baked goods, and light snacks. It operates in-store and drive-thru locations primarily across western U.S. states, prioritizing high-quality customizable products and community-focused consumer experiences.

RMR Group Inc. is a U.S.-headquartered alternative asset management firm specializing in real estate and real estate-related investments. It operates across commercial property, residential real estate, and infrastructure segments, serving institutional investors, high-net-worth individuals, and retail clients across key global markets.

BRCB vs RMR — Head-to-Head

Bigger by revenue
RMR
RMR
1.3× larger
RMR
$66.7M
$51.5M
BRCB
Higher net margin
RMR
RMR
19.7% more per $
RMR
18.3%
-1.4%
BRCB

Income Statement — Q3 FY2025 vs Q1 FY2026

Metric
BRCB
BRCB
RMR
RMR
Revenue
$51.5M
$66.7M
Net Profit
$-712.0K
$12.2M
Gross Margin
Operating Margin
-12.4%
48.1%
Net Margin
-1.4%
18.3%
Revenue YoY
40.8%
Net Profit YoY
91.1%
EPS (diluted)
$-0.05
$0.71

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BRCB
BRCB
RMR
RMR
Cash + ST InvestmentsLiquidity on hand
$32.6M
$49.3M
Total DebtLower is stronger
$20.0M
Stockholders' EquityBook value
$43.0M
$232.7M
Total Assets
$323.2M
$687.1M
Debt / EquityLower = less leverage
0.46×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BRCB
BRCB
RMR
RMR
Q4 25
$49.3M
Q3 25
$32.6M
Total Debt
BRCB
BRCB
RMR
RMR
Q4 25
Q3 25
$20.0M
Stockholders' Equity
BRCB
BRCB
RMR
RMR
Q4 25
$232.7M
Q3 25
$43.0M
Total Assets
BRCB
BRCB
RMR
RMR
Q4 25
$687.1M
Q3 25
$323.2M
Debt / Equity
BRCB
BRCB
RMR
RMR
Q4 25
Q3 25
0.46×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BRCB
BRCB
RMR
RMR
Operating Cash FlowLast quarter
$-2.9M
$10.7M
Free Cash FlowOCF − Capex
$-25.8M
FCF MarginFCF / Revenue
-50.2%
Capex IntensityCapex / Revenue
44.5%
Cash ConversionOCF / Net Profit
0.88×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BRCB
BRCB
RMR
RMR
Q4 25
$10.7M
Q3 25
$-2.9M
Free Cash Flow
BRCB
BRCB
RMR
RMR
Q4 25
Q3 25
$-25.8M
FCF Margin
BRCB
BRCB
RMR
RMR
Q4 25
Q3 25
-50.2%
Capex Intensity
BRCB
BRCB
RMR
RMR
Q4 25
Q3 25
44.5%
Cash Conversion
BRCB
BRCB
RMR
RMR
Q4 25
0.88×
Q3 25

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BRCB
BRCB

Segment breakdown not available.

RMR
RMR

Management Service Incentive$23.6M35%
Industrial Logistics Properties Trust$15.1M23%
Managed Private Real Estate Capital$11.1M17%
Office Properties Income Trust$5.6M8%
Other Private Entities$5.3M8%
RMR Residential$3.4M5%
Sonesta International Hotels Corporation$2.1M3%
Investment Advisory Management And Administrative Service$1.2M2%

Related Comparisons