RMNI
Rimini Street, Inc.4.0600
-0.0300-0.73%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q4 '25
Growth visibility from sales ramp
Q&A sharpened visibility into 2026's 4-6% revenue growth, driven by Q4 close rates over 30%, pipeline momentum, and plans to add 20 sellers while raising quotas 12-15%. Close rates topped 30%. Post-litigation tailwinds shortened sales cycles and lifted win rates, aiding new logos; North America retention stabilized via hunter-farmer model. Agentic AI sees early production adopters blending quick pro services revenue with subscriptions, but customers need time before back-half hockey stick. Higher S&M spend funds the ramp, not a new norm. Bullish tone pervades; watch sales productivity and AI uptake.
Key Stats
Market Cap
375.62MP/E (TTM)
8.64Basic EPS (TTM)
0.47Dividend Yield
0%Recent Filings
8-K
2026 exec LTI plan approved
Rimini Street's Compensation Committee approved the 2026 Long-Term Incentive Plan on March 2, 2026, granting executive officers PSUs, RSUs, and stock options totaling $4.54M in targeted value—CEO Ravin receives $2.64M. PSUs tie 50% to adjusted EBITDA and 50% to total revenue over 2026, vesting over three years. Retention locked in. Vesting accelerates on change of control.
8-K
Agentic AI ERP push
Rimini Street released its February 2026 investor presentation under Item 7.01, highlighting Agentic AI ERP solutions to modernize legacy systems without disruptive upgrades. It showcases 4.9/5 client satisfaction, 60%+ gross margins, and $421.5M FY2025 revenue despite a 1.7% YoY dip. Billings and RPO growth signal future revenue visibility. Forward-looking claims carry risks.
8-K
Q4 revenue dips, RPO surges
10-K
FY2025 results
Rimini Street's FY2025 revenue dipped 2% y/y to $421.5M, with U.S. sales down 8% to $193M while international grew 4% to $228M, driven by Oracle PeopleSoft wind-down (now 5% of revenue, from 8%) offset by professional services gains. Q4 billings surged on seasonality, lifting deferred revenue to $269M and delivering 88% retention amid 60.4% gross margins. Operating income flipped to $60M profit (derived), fueled by $36M Oracle settlement recovery; net income hit $37M. Debt stood at $69M with $35M revolver capacity; $7.6M buybacks executed. Oracle PeopleSoft exit risks ongoing revenue erosion.
8-K
Investor Day unveils AI ERP path
Rimini Street released its December 2025 Investor Presentation under Item 7.01, outlining the 'Rimini Smart Path'—replacing vendor support to save up to 90%, optimizing ERP with managed services, then layering Agentic AI ERP for innovation without upgrades. TTM Q3'25 revenue holds at $426M with 61.7% gross margins; Q4'25 revenue guides $104M-$106M, A-EBITDA $10M-$13M. Growth stalls amid PeopleSoft wind-down. 2026 eyes mid-single-digit revenue rise.
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