Rimini Street, Inc. reports developments tied to its enterprise software support, managed services and Agentic AI ERP innovation solutions. The company provides third-party support for Oracle, SAP and VMware software, with customer updates often centered on Rimini Support for SAP or Oracle, VMware support, software-roadmap flexibility, security, compliance readiness and IT cost management.
Recurring updates also cover quarterly financial results, recurring revenue measures, remaining performance obligations, customer contracts across global commercial and public-sector organizations, investor conferences, credit agreement changes, debt reduction and common share repurchase capacity.
Rimini Street (RMNI) announced a global VMware user survey finding that 66% of respondents use or are considering third-party support. Conducted by Unisphere Research on Rimini Street’s behalf, the survey covered 269 executives, managers and professionals between December 2025 and February 2026.
Higher licensing costs prompted 90% of respondents to consider VMware alternatives, while 73% cited cost savings as a top priority. Multiple-hypervisor strategies were under consideration by 60%, and 48% had no current plans to move assets to VMware Cloud Foundation. Respondents also identified operational complexity and multi-vendor management as barriers to change.
Rimini Street (RMNI) announced a strategic reseller partnership with Datacom to deliver third-party support for Oracle and SAP across Australia and New Zealand.
Datacom will include Rimini Support in its core platforms portfolio, offering level 4 support, security and compliance services for clients running perpetually licensed Oracle and SAP software, without requiring upgrades or surrendering licenses. The companies highlight that customers may achieve savings of up to 90% of total enterprise software support costs and redeploy IT budgets and talent toward initiatives such as digital transformation, cloud migration and AI-driven projects, including rapid deployment of Agentic AI on existing ERP systems.
Rimini Street (Nasdaq: RMNI) reported completing an additional $5.0 million of common stock repurchases and $5.0 million of term loan prepayment in its fiscal third quarter through August 28, 2026. Year-to-date, the company has allocated $30.9 million to capital return and balance sheet optimization, including reducing term loan debt by $25.9 million to an outstanding balance of $43.4 million and repurchasing 970,566 shares at an average price of $5.16 per share.
Rimini Street (Nasdaq: RMNI) appointed Keith Costello as executive vice president and chief operating officer and Alexander (Alex) Guasch as executive vice president and chief delivery officer. Costello, a former senior leader at DXC Technology, IBM and SAP, will own product strategy, professional services sales and key global business operations, responsibilities previously held by president and CEO Seth Ravin.
Guasch, who has led large-scale delivery organizations at HPE, IBM, VMware, Cognizant and others, will oversee end-to-end development and delivery of all products, services and solutions worldwide. According to Rimini Street, the strengthened C-suite is intended to support revenue growth, profitability and global client success, building on 24/7/365 service, average two-minute response times and 4.9/5.0 client satisfaction.
Rimini Street (Nasdaq: RMNI) announced that Khimji Ramdas Group, one of Oman’s largest privately held conglomerates, has chosen Rimini Support for SAP to maintain its highly customized SAP ECC 6 system, which includes more than 700 custom codes.
According to Rimini Street, the move has reduced Khimji Ramdas’ total SAP support costs by 80%, enabled reinvestment of savings into AI and growth initiatives, and helped the company avoid pressure to migrate to SAP S/4HANA. Khimji Ramdas reports zero SAP downtime over four years with Rimini Street and highlights support for Omani labor regulation compliance, as well as new projects such as Salesforce CRM, expanded e-commerce and an in-house large language model.
Rimini Street (Nasdaq: RMNI) reported fiscal Q2 2026 revenue of $111.1 million, up 6.7% year over year, with Adjusted Revenue (excluding Oracle PeopleSoft support) up 10.0%. International revenue grew 14.1%, while U.S. revenue declined 1.6%. Subscription revenue was $103.2 million, 92.9% of total.
Annualized Recurring Revenue reached $412.8 million (up 4.8%), with Adjusted ARR up 8.1%. Remaining Performance Obligations were $636.9 million, up 8.0%. Gross margin improved to 60.9%. Operating income was $6.4 million and net income $2.4 million, both down versus a prior-year quarter that included a large litigation settlement benefit. Cash and equivalents rose to $123.4 million, debt fell to $48.4 million after a $10 million prepayment. The company guided Q3 2026 revenue to $110–$112 million and reiterated full-year 2026 revenue growth of 4–6% and Adjusted EBITDA margin of 12.5–15.5%.
Rimini Street (Nasdaq: RMNI) announced the immediate availability of Rimini Govern™ for AI, a managed service that provides a centralized operational control plane to govern, secure and monitor enterprise AI agents and workflows, delivered 24/7/365 from its Global Command Centers by expert AI engineers.
The subscription service aims to help organizations discover and control AI agents, enforce security and compliance guardrails, audit activity, measure performance and ROI, and manage costs. Deployment follows a three-phase model – Plan, Implement, Operate – and complements Rimini Agentworks™ and Rimini Agentic UX™ to offer end-to-end Agentic AI lifecycle and governance capabilities for mission-critical, highly regulated and security-cleared environments.
Rimini Street (Nasdaq: RMNI) announced that AUTOBACS SEVEN, Japan’s leading automotive aftermarket retailer, is marking a 10-year partnership focused on maintaining stable SAP ECC 6 and Oracle Database systems while reinvesting savings into innovation.
According to Rimini Street, AUTOBACS SEVEN initially switched from vendor support to Rimini Support™ for SAP ECC 6 in 2016, then expanded to Oracle Database, consolidating support with a single provider. The client reports immediate 50% savings on annual support fees and up to 90% lower total cost of ownership, alongside guaranteed 10-minute response times for critical issues, typically under two minutes, and access to engineers averaging 20+ years of ERP experience. Rimini Street also provides a 15-year support guarantee for the customer’s SAP ECC 6 and Oracle Database environments and positions its Rimini Smart Path™ (Support, Optimize, Innovate) methodology to help AUTOBACS SEVEN fund AI and automation initiatives from existing IT budgets without large, disruptive transformation projects.
Rimini Street (Nasdaq: RMNI) has been selected by Indonesia-based VIVERE Group to provide Rimini Support for SAP ECC 6, which underpins VIVERE’s project, manufacturing and distribution operations. The partnership aims to maintain business continuity, strengthen SAP support and free internal IT resources for digital transformation.
Rimini Street (Nasdaq: RMNI) will report its second quarter 2026 financial results after market close on July 30, 2026. Management will host a conference call and live webcast at 5:00 p.m. Eastern / 2:00 p.m. Pacific to discuss results and second half 2026 outlook.
A live webcast will be available via the Rimini Street investor relations site, with conference dial-in at 1-800-836-8184. A webcast replay will be accessible for one year following the event.