Medirom Healthcare Technologies Inc
NASDAQ: MRM · CONSUMER CYCLICAL · PERSONAL SERVICES
Updated 2026-06-05
Medirom Healthcare Technologies Inc (MRM) Financial statements
SEC filings — annual and quarterly data.
Balance sheet — annual
| Item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Total assets | $4.52B | $4.76B | $5.71B | $5.75B | $6.75B | $6.85B | $8.09B | $4.16B |
| Cash & equivalents | $211.69M | $513.62M | $1.44B | $370.62M | $605.45M | $106.35M | $329.40M | $20.14M |
| Current assets | $934.04M | $1.38B | $2.09B | $1.38B | $2.36B | $1.76B | $2.71B | $3.57B |
| Total liabilities | $4.64B | $4.16B | $5.22B | $5.96B | $6.81B | $6.63B | $6.90B | $2.82B |
| Current liabilities | $2.35B | $2.26B | $2.65B | $3.20B | $3.64B | $3.56B | $4.18B | $2.04B |
| Long-term debt | $342.77M | $150.53M | $668.38M | $746.59M | $1.15B | $1.05B | $764.20M | — |
| Shareholder equity | $-117.56M | $600.06M | $491.26M | $-208.34M | $-59.38M | $210.88M | $933.27M | $1.33B |
| Retained earnings | $-722.64M | $-705.31M | $-1.70B | $-2.69B | $-2.55B | $80.28M | $229.04M | $594.16M |
| Accounts receivable | $283.00M | $337.05M | $148.54M | $855.29M | $534.69M | $1.23B | $2.00B | $3.53B |
| Inventory | $6.40M | $5.51M | $7.96M | $18.70M | $114.11M | $139.98M | $151.64M | — |
| Goodwill | $63.95M | $78.28M | $150.72M | $600.33M | $539.49M | $484.56M | $389.13M | $16.15M |
Frequently asked questions
What is Medirom Healthcare Technologies Inc's revenue?
Medirom Healthcare Technologies Inc's trailing twelve-month revenue is $8.07B. Revenue is the top line the whole model builds on, and at this scale the question shifts from how fast it grows to whether margins hold as it compounds.
How profitable is MRM?
In its most recent fiscal year, MRM ran a gross margin of 96.59%, an operating margin of 10.25%, and a net margin of 9.27%. Margins this high mean most of each extra dollar of revenue drops through to profit, which is the signature of real pricing power.
How much free cash flow does MRM generate?
MRM produced $-1.90B in free cash flow in its most recent fiscal year. Free cash flow is what is left after running and reinvesting in the business, and it is the cash that actually funds buybacks, dividends, and a stronger balance sheet.
Is MRM's balance sheet healthy?
MRM holds $20.14M in cash and equivalents against — in long-term debt, on $1.33B of shareholder equity. That debt is best read against the cash flow the business throws off each year.