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Side-by-side financial comparison of PubMatic, Inc. (PUBM) and RMR GROUP INC. (RMR). Click either name above to swap in a different company.

PubMatic, Inc. is the larger business by last-quarter revenue ($80.0M vs $66.7M, roughly 1.2× RMR GROUP INC.). On growth, RMR GROUP INC. posted the faster year-over-year revenue change (40.8% vs -6.4%).

PubMatic, Inc. develops and implements online advertising software and strategies for the digital publishing and advertising industry. PubMatic's sell-side, real-time programmatic ad transaction advertising software puts publishers of websites, videos, and mobile apps into contact with ad buyers by using automated systems, while allowing users to opt-out of having their personal information collected on internet searches. PubMatic has a number of offices in countries around the world.

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.

PUBM vs RMR — Head-to-Head

Bigger by revenue
PUBM
PUBM
1.2× larger
PUBM
$80.0M
$66.7M
RMR
Growing faster (revenue YoY)
RMR
RMR
+47.1% gap
RMR
40.8%
-6.4%
PUBM

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
PUBM
PUBM
RMR
RMR
Revenue
$80.0M
$66.7M
Net Profit
$12.2M
Gross Margin
68.2%
Operating Margin
10.6%
48.1%
Net Margin
18.3%
Revenue YoY
-6.4%
40.8%
Net Profit YoY
91.1%
EPS (diluted)
$0.14
$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
PUBM
PUBM
RMR
RMR
Q4 25
$80.0M
$66.7M
Q3 25
$68.0M
Q2 25
$71.1M
Q1 25
$63.8M
Q4 24
$85.5M
Q3 24
$71.8M
Q2 24
$67.3M
Q1 24
$66.7M
Net Profit
PUBM
PUBM
RMR
RMR
Q4 25
$12.2M
Q3 25
$-6.5M
Q2 25
$-5.2M
Q1 25
$-9.5M
Q4 24
Q3 24
$-912.0K
Q2 24
$2.0M
Q1 24
$-2.5M
Gross Margin
PUBM
PUBM
RMR
RMR
Q4 25
68.2%
Q3 25
62.6%
Q2 25
62.6%
Q1 25
59.9%
Q4 24
70.8%
Q3 24
64.5%
Q2 24
62.6%
Q1 24
61.9%
Operating Margin
PUBM
PUBM
RMR
RMR
Q4 25
10.6%
48.1%
Q3 25
-12.4%
Q2 25
-7.7%
Q1 25
-18.6%
Q4 24
17.3%
Q3 24
-1.9%
Q2 24
-5.9%
Q1 24
-8.3%
Net Margin
PUBM
PUBM
RMR
RMR
Q4 25
18.3%
Q3 25
-9.5%
Q2 25
-7.3%
Q1 25
-14.9%
Q4 24
Q3 24
-1.3%
Q2 24
2.9%
Q1 24
-3.7%
EPS (diluted)
PUBM
PUBM
RMR
RMR
Q4 25
$0.14
$0.71
Q3 25
$-0.14
Q2 25
$-0.11
Q1 25
$-0.20
Q4 24
$0.26
Q3 24
$-0.02
Q2 24
$0.04
Q1 24
$-0.05

Balance Sheet & Financial Strength

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

Metric
PUBM
PUBM
RMR
RMR
Cash + ST InvestmentsLiquidity on hand
$145.5M
$49.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$262.6M
$232.7M
Total Assets
$680.2M
$687.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PUBM
PUBM
RMR
RMR
Q4 25
$145.5M
$49.3M
Q3 25
$136.5M
Q2 25
$90.5M
Q1 25
$101.8M
Q4 24
$100.5M
Q3 24
$78.9M
Q2 24
$73.5M
Q1 24
$80.2M
Stockholders' Equity
PUBM
PUBM
RMR
RMR
Q4 25
$262.6M
$232.7M
Q3 25
$245.1M
Q2 25
$243.3M
Q1 25
$275.6M
Q4 24
$277.3M
Q3 24
$263.2M
Q2 24
$282.7M
Q1 24
$288.7M
Total Assets
PUBM
PUBM
RMR
RMR
Q4 25
$680.2M
$687.1M
Q3 25
$676.2M
Q2 25
$675.2M
Q1 25
$668.6M
Q4 24
$739.5M
Q3 24
$689.1M
Q2 24
$673.1M
Q1 24
$626.2M

Cash Flow & Capital Efficiency

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

Metric
PUBM
PUBM
RMR
RMR
Operating Cash FlowLast quarter
$18.2M
$10.7M
Free Cash FlowOCF − Capex
$11.3M
FCF MarginFCF / Revenue
14.1%
Capex IntensityCapex / Revenue
8.6%
Cash ConversionOCF / Net Profit
0.88×
TTM Free Cash FlowTrailing 4 quarters
$66.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PUBM
PUBM
RMR
RMR
Q4 25
$18.2M
$10.7M
Q3 25
$32.4M
Q2 25
$14.9M
Q1 25
$15.6M
Q4 24
$18.0M
Q3 24
$19.1M
Q2 24
$11.9M
Q1 24
$24.3M
Free Cash Flow
PUBM
PUBM
RMR
RMR
Q4 25
$11.3M
Q3 25
$27.7M
Q2 25
$13.6M
Q1 25
$14.2M
Q4 24
$13.7M
Q3 24
$7.4M
Q2 24
$11.2M
Q1 24
$23.5M
FCF Margin
PUBM
PUBM
RMR
RMR
Q4 25
14.1%
Q3 25
40.8%
Q2 25
19.1%
Q1 25
22.2%
Q4 24
16.1%
Q3 24
10.3%
Q2 24
16.7%
Q1 24
35.2%
Capex Intensity
PUBM
PUBM
RMR
RMR
Q4 25
8.6%
Q3 25
6.9%
Q2 25
1.9%
Q1 25
2.3%
Q4 24
5.1%
Q3 24
16.3%
Q2 24
1.1%
Q1 24
1.2%
Cash Conversion
PUBM
PUBM
RMR
RMR
Q4 25
0.88×
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
6.06×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

PUBM
PUBM

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%

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