Rimini Street Financials
Rimini Street (RMNI) reported $421.5M in revenue for fiscal year 2025, down 1.7% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 11 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
A cost-reset story dominates FY2025, as profitability and cash flow rebounded on slightly lower sales.
Between FY2024 and FY2025, revenue slipped while operating margin jumped from-7.5% to14.2% and free cash flow swung from-$42.2M to$55.7M . That combination points to cost discipline and stronger cash conversion, not top-line expansion, because gross margin still eased to60.4% .
Gross margin fell from
With operating cash flow of
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Rimini Street's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Rimini Street has an operating margin of 14.2%, meaning the company retains $14 of operating profit per $100 of revenue. This results in a moderate score of 50/100, indicating healthy but not exceptional operating efficiency. This is up from -7.5% the prior year.
Rimini Street's revenue declined 1.7% year-over-year, from $428.8M to $421.5M. This contraction results in a growth score of 28/100.
Rimini Street's current ratio of 0.86 is below the typical benchmark, resulting in a score of 14/100. This tight liquidity could limit financial flexibility if cash inflows slow.
Rimini Street has a free cash flow margin of 13.2%, earning a moderate score of 43/100. The company generates positive cash flow after capital investments, but with room for improvement.
Rimini Street scores 1.29, below the 1.81 distress threshold. This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Rimini Street passes 6 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 2 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, Rimini Street generates $1.62 in operating cash flow ($60.2M OCF vs $37.1M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Rimini Street earns $9.74 in operating income for every $1 of interest expense ($59.9M vs $6.2M). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.
Key Financial Metrics
Earnings & Revenue
Rimini Street generated $421.5M in revenue in fiscal year 2025. This represents a decrease of 1.7% from the prior year.
Rimini Street's EBITDA was $63.8M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 323.5% from the prior year.
Rimini Street reported $37.1M in net income in fiscal year 2025. This represents an increase of 202.3% from the prior year.
Rimini Street earned $0.39 per diluted share (EPS) in fiscal year 2025. This represents an increase of 197.5% from the prior year.
Cash & Balance Sheet
Rimini Street generated $55.6M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 231.8% from the prior year.
Rimini Street held $120.0M in cash against $63.2M in long-term debt as of fiscal year 2025.
Not reported for fiscal year 2025.
Margins & Returns
Rimini Street's gross margin was 60.4% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 0.5 percentage points from the prior year.
Rimini Street's operating margin was 14.2% in fiscal year 2025, reflecting core business profitability. This is up 21.7 percentage points from the prior year.
Rimini Street's net profit margin was 8.8% in fiscal year 2025, showing the share of revenue converted to profit. This is up 17.3 percentage points from the prior year.
Not reported for fiscal year 2025.
Capital Allocation
Rimini Street spent $7.6M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding.
Rimini Street invested $4.6M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 35.3% from the prior year.
Not reported for fiscal year 2025.
RMNI Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $429.8M | $421.5M-1.7% | $428.8M-0.6% | $431.5M+5.3% | $409.7M+9.4% | $374.4M+14.6% | $326.8M+16.3% | $281.1M+10.9% | $253.5M+18.0% | $214.9M+34.1% | $160.2M+35.6% | $118.2M |
| Cost of Revenue | $171.6M | $166.9M-0.5% | $167.7M+3.2% | $162.5M+6.6% | $152.4M+11.7% | $136.5M+8.1% | $126.2M+20.1% | $105.1M+9.5% | $96.0M+15.8% | $82.9M+23.6% | $67.0M+27.1% | $52.8M |
| Gross Profit | $258.2M | $254.6M-2.5% | $261.0M-3.0% | $269.0M+4.5% | $257.3M+8.1% | $238.0M+18.6% | $200.6M+14.0% | $175.9M+11.7% | $157.5M+19.3% | $132.0M+41.7% | $93.1M+42.4% | $65.4M |
| SG&A Expenses | $70.8M | $70.0M-4.2% | $73.1M+0.1% | $73.0M-3.1% | $75.4M+17.4% | $64.2M+22.9% | $52.2M+10.3% | $47.4M+27.3% | $37.2M+2.9% | $36.1M-0.2% | $36.2M+49.5% | $24.2M |
| Operating Income | $20.5M | $59.9M+286.5% | -$32.1M-173.4% | $43.8M+441.0% | $8.1M-69.8% | $26.8M+49.7% | $17.9M-19.2% | $22.1M-25.0% | $29.5M+16.8% | $25.3M+81.4% | $13.9M+133.3% | -$41.9M |
| Interest Expense | $5.2M | $6.2M-2.4% | $6.3M+14.2% | $5.5M+29.3% | $4.3M+175.5% | $1.6M+1913.0% | $77K-80.7% | $398K-98.8% | $32.5M-25.0% | $43.4M+224.6% | $13.4M+1511.1% | $829K |
| Income Tax | $7.2M | $18.5M+5095.4% | -$371K-102.4% | $15.2M+141.4% | $6.3M+111.3% | -$55.8M-1320.9% | $4.6M+68.3% | $2.7M+36.2% | $2.0M+51.0% | $1.3M-13.9% | $1.5M+5.6% | $1.5M |
| Net Income | $7.2M | $37.1M+202.3% | -$36.3M-239.2% | $26.1M+1150.8% | -$2.5M-103.3% | $75.2M+549.2% | $11.6M-45.9% | $21.4M+133.5% | -$64.0M-27.8% | -$50.0M-286.7% | -$12.9M+71.4% | -$45.3M |
| EPS (Diluted) | — | $0.39+197.5% | -$0.40-237.9% | $0.29+1066.7% | -$0.03 | $0.51+342.9% | -$0.21-250.0% | -$0.06 | N/A | N/A | N/A | N/A |
Not reported in any period shown, so not listed: R&D Expenses.
TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
RMNI Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | $423.1M+14.6% | $369.1M-6.3% | $393.8M+0.7% | $391.0M-0.1% | $391.3M+39.8% | $279.9M+39.1% | $201.2M+37.3% | $146.5M+19.9% | $122.2M+22.9% | $99.4M-42.7% | $173.6M |
| Current Assets | $300.4M+17.2% | $256.3M-11.2% | $288.7M+2.5% | $281.7M-1.8% | $286.8M+23.0% | $233.2M+31.8% | $176.9M+41.9% | $124.7M+11.2% | $112.1M+25.5% | $89.3M+9056.1% | $975K |
| Cash & Equivalents | $120.0M+35.1% | $88.8M-23.1% | $115.4M+5.9% | $109.0M-8.8% | $119.6M+36.5% | $87.6M+130.8% | $38.0M+53.2% | $24.8M+12.9% | $21.9M+133.9% | $9.4M+870.1% | $967K |
| Accounts Receivable | $136.9M+4.7% | $130.8M+9.5% | $119.4M+2.9% | $116.1M-14.3% | $135.4M+14.8% | $117.9M+5.7% | $111.6M+38.4% | $80.6M+26.9% | $63.5M+14.8% | $55.3M | N/A |
| Total Liabilities | $450.1M+2.7% | $438.5M+1.2% | $433.3M-7.5% | $468.2M-0.7% | $471.6M-2.3% | $483.0M+13.8% | $424.5M+12.8% | $376.5M+27.1% | $296.3M+5.8% | $280.0M-27.4% | $385.9M |
| Current Liabilities | $347.4M+7.0% | $324.6M-3.5% | $336.4M-4.7% | $353.0M+7.1% | $329.5M+11.6% | $295.3M+13.9% | $259.3M+14.8% | $225.9M-1.2% | $228.7M+7.4% | $212.9M+1066266.2% | $20K |
| Long-Term Debt | $63.2M-23.2% | $82.2M+28.0% | $64.2M-8.2% | $70.0M-12.1% | $79.7M | $0 | $0 | $0-100.0% | $66.6M+5.2% | $63.3M | N/A |
| Total Equity | -$27.0M+61.1% | -$69.4M-75.8% | -$39.5M+48.8% | -$77.2M+4.0% | -$80.4M+60.4% | -$203.1M+9.1% | -$223.3M+2.9% | -$230.0M-32.1% | -$174.1M+3.6% | -$180.6M+14.9% | -$212.3M |
| Retained Earnings | -$201.4M+15.6% | -$238.5M-17.9% | -$202.2M+11.4% | -$228.3M-1.1% | -$225.8M+25.0% | -$301.0M+4.3% | -$314.7M+5.3% | -$332.2M-9.1% | -$304.4M-21.2% | -$251.1M-191988.8% | -$131K |
Not reported in any period shown, so not listed: Inventory, Goodwill.
RMNI Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $67.2M | $60.2M+255.0% | -$38.8M-411.6% | $12.5M-64.3% | $34.9M-47.9% | $66.9M+59.0% | $42.1M+106.5% | $20.4M-8.9% | $22.4M-23.3% | $29.2M+148.9% | -$59.6M-3889.5% | $1.6M |
| Capital Expenditures | $3.3M | $4.6M+35.3% | $3.4M-53.2% | $7.2M+66.5% | $4.3M+105.5% | $2.1M+42.1% | $1.5M-20.8% | $1.9M+77.8% | $1.1M-24.4% | $1.4M+17.2% | $1.2M-32.0% | $1.7M |
| Free Cash Flow | $63.9M | $55.6M+231.8% | -$42.2M-903.6% | $5.3M-82.8% | $30.6M-52.9% | $64.8M+59.6% | $40.6M+119.4% | $18.5M-13.2% | $21.3M-23.2% | $27.8M+145.7% | -$60.8M-34840.8% | -$174K |
| Investing Cash Flow | -$3.3M | -$4.6M-170.9% | $6.4M+109.6% | $3.1M+112.6% | -$24.4M-1059.6% | -$2.1M-42.1% | -$1.5M | N/A | N/A | N/A | N/A | N/A |
| Financing Cash Flow | -$40.0M | -$26.6M-289.8% | $14.0M+303.4% | -$6.9M+49.2% | -$13.6M+48.9% | -$26.6M-516.7% | $6.4M+211.1% | -$5.7M+83.5% | -$34.8M-110.9% | -$16.5M-121.4% | $77.1M+9255.3% | -$842K |
| Dividends Paid | N/A | N/A | N/A | $0 | $0-100.0% | $2.9M | $0 | $0 | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | $7.6M | $0-100.0% | $1.0M-78.6% | $4.7M | $0 | $0 | $0 | N/A | N/A | N/A | N/A |
TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
RMNI Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 60.4%-0.5pp | 60.9%-1.5pp | 62.3%-0.5pp | 62.8%-0.7pp | 63.5%+2.2pp | 61.4%-1.2pp | 62.6%+0.5pp | 62.1%+0.7pp | 61.4%+3.3pp | 58.1%+2.8pp | 55.3% |
| Operating Margin | 14.2%+21.7pp | -7.5%-17.6pp | 10.1%+8.2pp | 2.0%-5.2pp | 7.1%+1.7pp | 5.5%-2.4pp | 7.9%-3.8pp | 11.7%-0.1pp | 11.8%+3.1pp | 8.7%+44.1pp | -35.4% |
| Net Margin | 8.8%+17.3pp | -8.5%-14.5pp | 6.0%+6.7pp | -0.6%-20.7pp | 20.1%+16.5pp | 3.5%-4.1pp | 7.6%+32.9pp | -25.2%-2.0pp | -23.3%-15.2pp | -8.1%+30.2pp | -38.3% |
| Return on Assets | 8.8%+18.6pp | -9.8%-16.4pp | 6.6%+7.2pp | -0.6%-19.9pp | 19.2%+15.1pp | 4.1%-6.5pp | 10.6%+54.3pp | -43.6%-2.7pp | -40.9%-27.9pp | -13.0%+13.1pp | -26.1% |
| Current Ratio | 0.86+0.1x | 0.79-0.1x | 0.86+0.1x | 0.80-0.1x | 0.87+0.1x | 0.79+0.1x | 0.68+0.1x | 0.55+0.1x | 0.49+0.1x | 0.42-48.4x | 48.85 |
| FCF Margin | 13.2%+23.1pp | -9.8%-11.1pp | 1.2%-6.2pp | 7.5%-9.9pp | 17.3%+4.9pp | 12.4%+5.8pp | 6.6%-1.8pp | 8.4%-4.5pp | 12.9%+50.9pp | -38.0%-37.8pp | -0.1% |
Not reported in any period shown, so not listed: Return on Equity, Debt-to-Equity.
Note: Shareholder equity is negative (-$27.0M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.
Note: The current ratio is below 1.0 (0.86), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
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Where Rimini Street Ranks
Frequently Asked Questions
What is Rimini Street's annual revenue?
Rimini Street (RMNI) reported $421.5M in total revenue for fiscal year 2025. This represents a -1.7% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Rimini Street's revenue growing?
Rimini Street (RMNI) revenue declined by 1.7% year-over-year, from $428.8M to $421.5M in fiscal year 2025.
Is Rimini Street profitable?
Yes, Rimini Street (RMNI) reported a net income of $37.1M in fiscal year 2025, with a net profit margin of 8.8%.
What is Rimini Street's EBITDA?
Rimini Street (RMNI) had EBITDA of $63.8M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Rimini Street have?
As of fiscal year 2025, Rimini Street (RMNI) had $120.0M in cash and equivalents against $63.2M in long-term debt.
What is Rimini Street's gross margin?
Rimini Street (RMNI) had a gross margin of 60.4% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Rimini Street's operating margin?
Rimini Street (RMNI) had an operating margin of 14.2% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Rimini Street's net profit margin?
Rimini Street (RMNI) had a net profit margin of 8.8% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Rimini Street's free cash flow?
Rimini Street (RMNI) generated $55.6M in free cash flow during fiscal year 2025. This represents a 231.8% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Rimini Street's operating cash flow?
Rimini Street (RMNI) generated $60.2M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Rimini Street's total assets?
Rimini Street (RMNI) had $423.1M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Rimini Street's capital expenditures?
Rimini Street (RMNI) invested $4.6M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Rimini Street's current ratio?
Rimini Street (RMNI) had a current ratio of 0.86 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is Rimini Street's return on assets (ROA)?
Rimini Street (RMNI) had a return on assets of 8.8% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
Why is Rimini Street's debt-to-equity ratio negative or not reported?
Rimini Street (RMNI) has negative shareholder equity of -$27.0M as of fiscal year 2025, so no debt-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.
What is Rimini Street's Altman Z-Score?
Rimini Street (RMNI) has an Altman Z-Score of 1.29, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Rimini Street's Piotroski F-Score?
Rimini Street (RMNI) has a Piotroski F-Score of 6 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Rimini Street's earnings high quality?
Rimini Street (RMNI) has an earnings quality ratio of 1.62x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Rimini Street cover its interest payments?
Rimini Street (RMNI) has an interest coverage ratio of 9.74x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Rimini Street?
Rimini Street (RMNI) scores 51 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.