vs

Side-by-side financial comparison of Expensify, Inc. (EXFY) 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 $35.2M, roughly 1.9× Expensify, Inc.). On growth, RMR GROUP INC. posted the faster year-over-year revenue change (40.8% vs -4.9%).

Expensify, Inc. is a software company that develops an expense management system for personal and business use. Expensify also offers a business credit card called the Expensify Card.

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.

EXFY vs RMR — Head-to-Head

Bigger by revenue
RMR
RMR
1.9× larger
RMR
$66.7M
$35.2M
EXFY
Growing faster (revenue YoY)
RMR
RMR
+45.6% gap
RMR
40.8%
-4.9%
EXFY

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
EXFY
EXFY
RMR
RMR
Revenue
$35.2M
$66.7M
Net Profit
$12.2M
Gross Margin
49.2%
Operating Margin
-11.2%
48.1%
Net Margin
18.3%
Revenue YoY
-4.9%
40.8%
Net Profit YoY
91.1%
EPS (diluted)
$-0.07
$0.71

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

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
EXFY
EXFY
RMR
RMR
Q4 25
$35.2M
$66.7M
Q3 25
$35.1M
Q2 25
$35.8M
Q1 25
$36.1M
Q4 24
$37.0M
Q3 24
$35.4M
Q2 24
$33.3M
Q1 24
$33.5M
Net Profit
EXFY
EXFY
RMR
RMR
Q4 25
$12.2M
Q3 25
$-2.3M
Q2 25
$-8.8M
Q1 25
$-3.2M
Q4 24
Q3 24
$-2.2M
Q2 24
$-2.8M
Q1 24
$-3.8M
Gross Margin
EXFY
EXFY
RMR
RMR
Q4 25
49.2%
Q3 25
49.6%
Q2 25
51.9%
Q1 25
50.6%
Q4 24
51.0%
Q3 24
51.6%
Q2 24
56.9%
Q1 24
56.5%
Operating Margin
EXFY
EXFY
RMR
RMR
Q4 25
-11.2%
48.1%
Q3 25
-6.4%
Q2 25
-28.9%
Q1 25
-4.1%
Q4 24
1.3%
Q3 24
0.8%
Q2 24
0.7%
Q1 24
-5.3%
Net Margin
EXFY
EXFY
RMR
RMR
Q4 25
18.3%
Q3 25
-6.6%
Q2 25
-24.6%
Q1 25
-8.8%
Q4 24
Q3 24
-6.2%
Q2 24
-8.3%
Q1 24
-11.3%
EPS (diluted)
EXFY
EXFY
RMR
RMR
Q4 25
$-0.07
$0.71
Q3 25
$-0.03
Q2 25
$-0.10
Q1 25
$-0.03
Q4 24
$-0.03
Q3 24
$-0.02
Q2 24
$-0.03
Q1 24
$-0.04

Balance Sheet & Financial Strength

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

Metric
EXFY
EXFY
RMR
RMR
Cash + ST InvestmentsLiquidity on hand
$63.1M
$49.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$132.7M
$232.7M
Total Assets
$186.0M
$687.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EXFY
EXFY
RMR
RMR
Q4 25
$63.1M
$49.3M
Q3 25
$61.5M
Q2 25
$60.5M
Q1 25
$59.6M
Q4 24
$48.8M
Q3 24
$39.2M
Q2 24
$53.2M
Q1 24
$49.3M
Stockholders' Equity
EXFY
EXFY
RMR
RMR
Q4 25
$132.7M
$232.7M
Q3 25
$135.7M
Q2 25
$131.8M
Q1 25
$134.7M
Q4 24
$128.2M
Q3 24
$119.9M
Q2 24
$114.0M
Q1 24
$106.5M
Total Assets
EXFY
EXFY
RMR
RMR
Q4 25
$186.0M
$687.1M
Q3 25
$186.8M
Q2 25
$187.1M
Q1 25
$189.2M
Q4 24
$173.7M
Q3 24
$176.2M
Q2 24
$192.9M
Q1 24
$184.8M

Cash Flow & Capital Efficiency

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

Metric
EXFY
EXFY
RMR
RMR
Operating Cash FlowLast quarter
$2.2M
$10.7M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
0.88×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EXFY
EXFY
RMR
RMR
Q4 25
$2.2M
$10.7M
Q3 25
$4.2M
Q2 25
$8.9M
Q1 25
$4.8M
Q4 24
$7.4M
Q3 24
$3.7M
Q2 24
$9.3M
Q1 24
$3.5M
Capex Intensity
EXFY
EXFY
RMR
RMR
Q4 25
Q3 25
0.0%
Q2 25
Q1 25
Q4 24
0.0%
Q3 24
0.0%
Q2 24
0.0%
Q1 24
0.0%
Cash Conversion
EXFY
EXFY
RMR
RMR
Q4 25
0.88×
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

EXFY
EXFY

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