10-K · February 19, 2026
Rimini Street generated $421.5 million of revenue in FY2025 (down 2% from $428.8M in 2024) and returned to profitability with net income of $37.1 million for the year. The company is expanding beyond third-party support…
Earnings analysis · 10-Q
RMNI earnings analysis
Filed April 30, 2026 · Our reading of the company's report
The latest report
Rimini Street reported a revenue increase of 1.2% year-over-year for Q1 2026, with total revenue reaching $105.5 million. The gross margin declined from 61% to 59%, impacting overall profitability with net income…
Read full summary
Rimini Street reported a revenue increase of 1.2% year-over-year for Q1 2026, with total revenue reaching $105.5 million. The gross margin declined from 61% to 59%, impacting overall profitability with net income dropping to $1.4 million, a marked decrease of 59.4% compared to the previous year. Management highlights growth in international markets despite headwinds from their ongoing Wind Down of Oracle PeopleSoft support programs, and credit facility compliance remains stable.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
From revenue to operating profit
Where each $100 of revenue went in this report.
Cost of sales, operating expenses, and what remained. Figures are rounded to whole dollars.
Where revenue came from
The business segments reported by the company.
Shares of the segments disclosed in this filing, largest first.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
Reported figures
- Earnings per share
- $1.36
What stood out
-
Revenue Growth Continues
Total revenue increased 1.2% YoY from $104.2M to $105.5M in Q1 2026.
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Gross Margin Declines
Gross margin declined from 61% to 59% due to rising costs associated with engineering and administrative expenses.
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Net Income Decreases
Net income fell to $1.4M from $3.4M, reflecting a 59.4% decrease compared to the prior year's quarter.
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International Revenue Increases
International revenue grew 8% YoY, from $54.1M to $58.6M, while US revenue fell 6% to $46.9M.
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Cash Position Remains Strong
As of March 31, 2026, cash and equivalents totaled $133.3M, providing a solid liquidity base.
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Stable Client Growth
Active clients increased from 3,092 to 3,130 over the past year, indicating continued market demand.
What to watch
-
Revenue Risk from Wind Down of PeopleSoft Services
Services related to Oracle PeopleSoft accounted for 3% of revenue in Q1 2026, down from 7% in Q1 2025, affecting future revenue.
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Declining US Revenue
US revenue decreased by $3.2M or 6% YoY, indicating potential market share loss domestically.
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Increased Operating Expenses
Sales and marketing costs rose by 12.8%, which could strain future profitability despite revenue growth.
Management's outlook
Outlook for revenue and profitability remains cautious due to ongoing Wind Down and economic uncertainties.
Earlier filings 4
10-Q · October 30, 2024
Rimini Street reported revenue of $104.672 million for the three months ended September 30, 2024, roughly in line with the prior year but recorded a large litigation-related charge that drove an operating loss of…
10-Q · July 31, 2024
Rimini Street reported revenue of $103,123,000 for Q2 2024, down from $106,421,000 in Q2 2023, while posting an operating loss of $775,000 and diluted loss per share of $(0.01). Liquidity remains a focal point: cash,…
10-Q · May 2, 2024
Rimini Street reported quarterly revenue of $106.745M (three months ended March 31, 2024), up modestly from $105.512M a year ago, while profitability compressed: operating income fell to $3.363M from $10.685M and…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.