Rimini Street, Inc. income statement
In fiscal 2025, Rimini Street, Inc. reported revenue of $422m, down 1.7% on the year before, operating income of $59.9m (a 14.2% margin) and net income of $37.1m, or $0.39 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 118 | 160 | 215 | 253 | 281 | 327 | 374 | 410 | 431 | 429 | 422 | 438 |
| Cost of revenue | 53 | 67 | 83 | 96 | 105 | 126 | 136 | 152 | 163 | 168 | 167 | 173 |
| Gross profit | 65 | 93 | 132 | 157 | 176 | 201 | 238 | 257 | 269 | 261 | 255 | 265 |
| Selling and marketing | 50 | 73 | 66 | 89 | 107 | 115 | 128 | 143 | 142 | 150 | 152 | 162 |
| General and administrative | 24 | 36 | 36 | 37 | 47 | 52 | 64 | 75 | 73 | 73 | 70 | 69 |
| Operating income | −42 | 14 | 25 | 30 | 22 | 18 | 27 | 8 | 44 | −32 | 60 | 26 |
| Interest expense | 1 | 13 | 43 | 33 | 0 | 0 | 2 | 4 | 6 | 6 | 6 | 5 |
| Income before tax | −44 | −11 | −49 | −62 | 24 | 16 | 19 | 4 | 41 | −37 | 56 | 21 |
| Income tax | 1 | 2 | 1 | 2 | 3 | 5 | −56 | 6 | 15 | −0 | 19 | 10 |
| Net income | −45 | −13 | −50 | −64 | 21 | 12 | 75 | −2 | 26 | −36 | 37 | 11 |
| Diluted EPS | −$0.94 | −$0.47 | −$0.78 | −$1.22 | −$0.06 | −$0.21 | $0.51 | −$0.03 | $0.29 | −$0.40 | $0.39 | $0.12 |
| Diluted shares (average) | 48m | 49m | 64m | 61m | 66m | 71m | 89m | 88m | 90m | 91m | 94m | 95m |
| EBITDA | −40 | 16 | 27 | 31 | 24 | 20 | 29 | 11 | 47 | −29 | 64 | 30 |
| Quarter | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 | 2026 Q3Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 114 | 104 | 104 | 103 | 110 | 105 | 111 | 112 |
| Cost of revenue | 42 | 41 | 41 | 41 | 44 | 43 | 43 | 43 |
| Gross profit | 73 | 64 | 63 | 62 | 66 | 62 | 68 | 69 |
| Research and development | — | 0 | 0 | 0 | — | 1 | 1 | 1 |
| Selling and marketing | 37 | 34 | 38 | 38 | 41 | 39 | 43 | 39 |
| General and administrative | 19 | 18 | 17 | 18 | 17 | 18 | 17 | 17 |
| Operating income | 15 | 9 | 41 | 4 | 5 | 5 | 6 | 10 |
| Interest expense | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 1 |
| Income before tax | 13 | 8 | 41 | 3 | 4 | 2 | 5 | 10 |
| Income tax | 6 | 4 | 11 | 1 | 3 | 1 | 3 | 3 |
| Net income | 7 | 3 | 30 | 3 | 1 | 1 | 2 | 7 |
| Diluted EPS | $0.08 | $0.04 | $0.32 | $0.03 | $0.00 | $0.01 | $0.03 | $0.07 |
| EBITDA | 16 | 10 | 42 | 5 | 6 | 6 | 7 | 11 |
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