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Happen vs Regional Management: revenue, profit, margins and growth compared

Happen brought in $998.8M of revenue in fiscal 2025, Regional Management $645.6M in fiscal 2025. Revenue changed by +26.9% at Happen and +9.7% at Regional Management on the year before, so Happen grew faster. Happen kept 13.6% of its revenue as net profit, Regional Management 6.9%. Free cash flow was -$2.9B at Happen and $304.3M at Regional Management.

Side by side, latest fiscal year

HAPNRM
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$998.8M$645.6M
Revenue growth+26.9%+9.7%
Net income$135.7M$44.4M
Net margin13.6%6.9%
Free cash flow-$2.9B$304.3M
Free cash flow margin-287.1%47.1%
Earnings per share (diluted)$1.16$4.45
Cash$930.4M$98M
Debt$0$1.6B
Price to earnings13.06.9
Market value$1.7B$284.3M
Dividend yieldn/a3.89%
Rank by revenue in sector#190 of 444 · Finance#224 of 444 · Finance

Over the years

Revenue
HAPN FY2018: $694.8MHAPN FY2019: $758.6MHAPN FY2020: $318.1MHAPN FY2021: $818.6MHAPN FY2022: $1.2BHAPN FY2023: $864.6MHAPN FY2024: $787MHAPN FY2025: $998.8MRM FY2018: $306.7MRM FY2019: $355.7MRM FY2020: $373.9MRM FY2021: $428.4MRM FY2022: $507.2MRM FY2023: $551.4MRM FY2024: $588.5MRM FY2025: $645.6MFY18FY19FY20FY21FY22FY23FY24FY25
HAPN $998.8MRM $645.6M
Net income
HAPN FY2018: -$128.3MHAPN FY2019: -$30.7MHAPN FY2020: -$187.5MHAPN FY2021: $18.6MHAPN FY2022: $289.7MHAPN FY2023: $38.9MHAPN FY2024: $51.3MHAPN FY2025: $135.7MRM FY2018: $35.3MRM FY2019: $44.7MRM FY2020: $26.7MRM FY2021: $88.7MRM FY2022: $51.2MRM FY2023: $16MRM FY2024: $41.2MRM FY2025: $44.4MFY18FY19FY20FY21FY22FY23FY24FY25
HAPN $135.7MRM $44.4M
Net margin
HAPN FY2018: -18.5%HAPN FY2019: -4.1%HAPN FY2020: -59.0%HAPN FY2021: 2.3%HAPN FY2022: 24.4%HAPN FY2023: 4.5%HAPN FY2024: 6.5%HAPN FY2025: 13.6%RM FY2018: 11.5%RM FY2019: 12.6%RM FY2020: 7.1%RM FY2021: 20.7%RM FY2022: 10.1%RM FY2023: 2.9%RM FY2024: 7.0%RM FY2025: 6.9%FY18FY19FY20FY21FY22FY23FY24FY25
HAPN 13.6%RM 6.9%
Revenue growth
HAPN FY2019: +9.2%HAPN FY2020: -58.1%HAPN FY2021: +157.4%HAPN FY2022: +45.0%HAPN FY2023: -27.2%HAPN FY2024: -9.0%HAPN FY2025: +26.9%RM FY2019: +16.0%RM FY2020: +5.1%RM FY2021: +14.6%RM FY2022: +18.4%RM FY2023: +8.7%RM FY2024: +6.7%RM FY2025: +9.7%FY19FY20FY21FY22FY23FY24FY25
HAPN +26.9%RM +9.7%
Free cash flow
HAPN FY2018: -$692.7MHAPN FY2019: -$321.3MHAPN FY2020: $386.9MHAPN FY2021: $205.5MHAPN FY2022: $306.1MHAPN FY2023: -$1.2BHAPN FY2024: -$2.7BHAPN FY2025: -$2.9BRM FY2018: $140.9MRM FY2019: $152.4MRM FY2020: $161MRM FY2021: $185.4MRM FY2022: $218.5MRM FY2023: $244.5MRM FY2024: $263.9MRM FY2025: $304.3MFY18FY19FY20FY21FY22FY23FY24FY25
HAPN -$2.9BRM $304.3M

Fiscal years as each company reports them; the two may end in different months.

Questions about Happen and Regional Management

Which is bigger by revenue, Happen or Regional Management?

Happen is bigger by revenue: $998.8M in fiscal 2025, against $645.6M for Regional Management in fiscal 2025.

Which keeps more of its revenue as profit, Happen or Regional Management?

Happen had a net margin of 13.6% in fiscal 2025; Regional Management had 6.9% in fiscal 2025.

Which grew revenue faster, Happen or Regional Management?

In their latest fiscal years revenue changed by +26.9% at Happen and +9.7% at Regional Management.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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