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Side-by-side financial comparison of GLADSTONE COMMERCIAL CORP (GOOD) 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 $43.5M, roughly 1.5× GLADSTONE COMMERCIAL CORP). RMR GROUP INC. runs the higher net margin — 18.3% vs 12.4%, a 5.9% gap on every dollar of revenue. On growth, RMR GROUP INC. posted the faster year-over-year revenue change (40.8% vs 16.3%).
Gladstone Commercial Corp is a publicly traded US real estate investment trust focused on acquiring, owning, and operating diversified industrial and commercial properties. It offers long-term net lease agreements to tenants across manufacturing, logistics, healthcare and professional services sectors, mainly serving small to mid-sized business clients.
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.
GOOD vs RMR — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | ||
|---|---|---|
| Revenue | $43.5M | $66.7M |
| Net Profit | $5.4M | $12.2M |
| Gross Margin | — | — |
| Operating Margin | — | 48.1% |
| Net Margin | 12.4% | 18.3% |
| Revenue YoY | 16.3% | 40.8% |
| Net Profit YoY | -25.1% | 91.1% |
| EPS (diluted) | $0.05 | $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.
| Q4 25 | $43.5M | $66.7M | ||
| Q3 25 | $40.8M | — | ||
| Q2 25 | $39.5M | — | ||
| Q1 25 | $37.5M | — | ||
| Q4 24 | $37.4M | — | ||
| Q3 24 | $39.2M | — | ||
| Q2 24 | $37.1M | — | ||
| Q1 24 | $35.7M | — |
| Q4 25 | $5.4M | $12.2M | ||
| Q3 25 | $4.1M | — | ||
| Q2 25 | $4.6M | — | ||
| Q1 25 | $5.1M | — | ||
| Q4 24 | $7.2M | — | ||
| Q3 24 | $11.7M | — | ||
| Q2 24 | $1.6M | — | ||
| Q1 24 | $3.5M | — |
| Q4 25 | — | 48.1% | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | 12.4% | 18.3% | ||
| Q3 25 | 10.1% | — | ||
| Q2 25 | 11.7% | — | ||
| Q1 25 | 13.7% | — | ||
| Q4 24 | 19.2% | — | ||
| Q3 24 | 29.8% | — | ||
| Q2 24 | 4.3% | — | ||
| Q1 24 | 9.9% | — |
| Q4 25 | $0.05 | $0.71 | ||
| Q3 25 | $0.02 | — | ||
| Q2 25 | $0.03 | — | ||
| Q1 25 | $0.04 | — | ||
| Q4 24 | $0.10 | — | ||
| Q3 24 | $0.20 | — | ||
| Q2 24 | $-0.04 | — | ||
| Q1 24 | $0.01 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $10.8M | $49.3M |
| Total DebtLower is stronger | $843.5M | — |
| Stockholders' EquityBook value | $171.8M | $232.7M |
| Total Assets | $1.2B | $687.1M |
| Debt / EquityLower = less leverage | 4.91× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $10.8M | $49.3M | ||
| Q3 25 | $18.4M | — | ||
| Q2 25 | $11.7M | — | ||
| Q1 25 | $10.4M | — | ||
| Q4 24 | $11.0M | — | ||
| Q3 24 | $10.5M | — | ||
| Q2 24 | $10.4M | — | ||
| Q1 24 | $10.5M | — |
| Q4 25 | $843.5M | — | ||
| Q3 25 | $843.3M | — | ||
| Q2 25 | $794.4M | — | ||
| Q1 25 | $740.7M | — | ||
| Q4 24 | $693.4M | — | ||
| Q3 24 | $692.6M | — | ||
| Q2 24 | $722.5M | — | ||
| Q1 24 | $719.4M | — |
| Q4 25 | $171.8M | $232.7M | ||
| Q3 25 | $184.8M | — | ||
| Q2 25 | $177.2M | — | ||
| Q1 25 | $183.2M | — | ||
| Q4 24 | $171.2M | — | ||
| Q3 24 | $168.9M | — | ||
| Q2 24 | $145.7M | — | ||
| Q1 24 | $147.3M | — |
| Q4 25 | $1.2B | $687.1M | ||
| Q3 25 | $1.3B | — | ||
| Q2 25 | $1.2B | — | ||
| Q1 25 | $1.2B | — | ||
| Q4 24 | $1.1B | — | ||
| Q3 24 | $1.1B | — | ||
| Q2 24 | $1.1B | — | ||
| Q1 24 | $1.1B | — |
| Q4 25 | 4.91× | — | ||
| Q3 25 | 4.56× | — | ||
| Q2 25 | 4.48× | — | ||
| Q1 25 | 4.04× | — | ||
| Q4 24 | 4.05× | — | ||
| Q3 24 | 4.10× | — | ||
| Q2 24 | 4.96× | — | ||
| Q1 24 | 4.88× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | ||
|---|---|---|
| Operating Cash FlowLast quarter | $88.2M | $10.7M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | 16.38× | 0.88× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $88.2M | $10.7M | ||
| Q3 25 | $18.9M | — | ||
| Q2 25 | $35.8M | — | ||
| Q1 25 | $17.7M | — | ||
| Q4 24 | $57.0M | — | ||
| Q3 24 | $5.5M | — | ||
| Q2 24 | $13.6M | — | ||
| Q1 24 | $15.0M | — |
| Q4 25 | 16.38× | 0.88× | ||
| Q3 25 | 4.57× | — | ||
| Q2 25 | 7.74× | — | ||
| Q1 25 | 3.44× | — | ||
| Q4 24 | 7.93× | — | ||
| Q3 24 | 0.47× | — | ||
| Q2 24 | 8.44× | — | ||
| Q1 24 | 4.26× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
GOOD
Segment breakdown not available.
RMR
| Management Service Incentive | $23.6M | 35% |
| Industrial Logistics Properties Trust | $15.1M | 23% |
| Managed Private Real Estate Capital | $11.1M | 17% |
| Office Properties Income Trust | $5.6M | 8% |
| Other Private Entities | $5.3M | 8% |
| RMR Residential | $3.4M | 5% |
| Sonesta International Hotels Corporation | $2.1M | 3% |
| Investment Advisory Management And Administrative Service | $1.2M | 2% |