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Rimini Street FY26 Q1 net income drops 59.4% to $1.4 million; revenue rises 1.2% to $105.5 million

PUBT·04/30/2026 20:04:04
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Rimini Street FY26 Q1 net income drops 59.4% to $1.4 million; revenue rises 1.2% to $105.5 million
  • Rimini Street posted fiscal Q1 net income of USD 1.4 million, down from year-ago levels; EPS was USD 0.01.
  • Revenue edged up 1.2% to USD 105.5 million, with subscription revenue steady at 95% of total at USD 100.2 million.
  • Adjusted EBITDA dropped to USD 8.9 million, with gross margin slipping 2 percentage points to 59%.
  • Remaining performance obligations climbed 16.4% to USD 643.6 million, while calculated billings increased 19.9% to USD 95.3 million.
  • Management cited accelerating momentum in Rimini Support and continued investment in AI and innovation offerings; Q2 revenue outlook was USD 106 million to USD 108 million with full-year guidance reiterated for 4%-6% revenue growth and adjusted EBITDA margin of 12.5%-15.5%.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Rimini Street Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202604301601BIZWIRE_USPR_____20260430_BW598629) on April 30, 2026, and is solely responsible for the information contained therein.