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Rimini Street Inc

riministreet.com

What Do They Do?

Provides third-party support for enterprise software, managed services and AI-powered ERP solutions to businesses, educational institutions and government organizations.

How Do They Make Money?

Clients pay mainly for subscriptions covering support of ERP and other software, with service periods that vary; smaller revenue comes from software licenses, related maintenance and professional services.

FY2025 revenue

Who Are Their Customers?

Businesses, educational and government institutions, and business units buy Rimini Street’s services, primarily through its direct sales force.

Do Revenues Turn Into Profits?

Yes. It kept 9 cents of every revenue dollar as net income in FY2025 and turned 13 cents into free cash flow.

Operating income, FY2025
14% of revenue
▲ Now profitable vs FY2024 (−$32.1M, −7%)
Net income, FY2025
9% of revenue
▲ Now profitable vs FY2024 (−$36.3M, −8%)
Free cash flow, FY2025
13% of revenue
▲ Now profitable vs FY2024 (−$42.2M, −10%)

How Are They Changing?

Since the FY2025 annual report
Latest quarter: Q2 FY2026, the three months to Jun 30, 2026
Revenue
▲ +7%
vs $104.1M in Q2 FY2025

Growing. Revenue grew 13% in 4 years, from $374.4M in FY2021 to $421.5M in FY2025, about 3% a year.

AI-powered ERP solutions The latest report adds AI-powered ERP solutions, including an intelligent user experience layer deployed across existing enterprise software for automation and productivity; the older report described support and related services.

Expanded managed services The older report listed managed services for Oracle, SAP, IBM, Salesforce and open-source database software; the latest lists Workday, Dayforce and ServiceNow among its managed-services offerings.

Broader software support The older report described support for Oracle, SAP, database and technology software; the latest says its Rimini Custom program has expanded the supported range to include VMware, Blue Yonder, Nuance and additional product lines.

Who Do They Compete With?

Competes with Oracle, SAP, IBM, Microsoft, and VMWare

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