The RMR Group reported fiscal third quarter 2026 results that met management's guidance, with distributable earnings of $0.48 per share and adjusted EBITDA of $19.7 million. Recurring service revenues rose sequentially by $3.5 million to $45.5 million, driven by managed REIT enterprise values and acquisition fees from the Greenwich joint venture. Management noted that DHC and ILPT are on pace to generate over $40 million in calendar 2026 incentive fees, with DHC representing about 75% of that total. The company provided fourth quarter guidance of $19 million to $21 million in adjusted EBITDA and $0.48 to $0.50 in distributable earnings per share, while full-year adjusted EBITDA is expected to be $76.5 million to $78.5 million excluding potential incentive fees. RMR ended the quarter with over $130 million in total liquidity, including $55 million in cash and $75 million in available capacity on its revolving credit facility.
RMR Group IncQ3 results met guidance with distributable earnings of $0.48 per share and adjusted EBITDA of $19.7 million, plus positive outlook for incentive fees.
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