Rimini Street Stock Price, News & Analysis

Rimini Street, Inc. (Nasdaq: RMNI) is described in its public communications as a global provider of end-to-end, mission-critical enterprise software support, managed services and Agentic AI ERP solutions. The company is also identified as the leading third-party support provider for Oracle, SAP and VMware software. Rimini Street and its subsidiaries provide enterprise software support, products and services that help clients run, manage, support, customize, configure, connect, protect, monitor and optimize their enterprise applications, database and technology software platforms.

According to company disclosures, Rimini Street derives revenue from clients by providing subscription support services for enterprise resource planning (ERP), customer relationship management (CRM), product lifecycle management, database and technology software systems. The company notes that it has signed thousands of IT service contracts with organizations ranging from Fortune Global 100 and Fortune 500 companies to midmarket, public sector and government entities. These organizations use Rimini Street’s offerings to pursue better operational outcomes, significant cost savings and funding for AI and other innovation.

Business focus and service offerings

Rimini Street’s public materials describe a portfolio that spans third-party software support, managed services, interoperability solutions and professional consulting services. Its Rimini Support™ offering is cited in multiple client examples as providing support for Oracle and SAP ERP environments, including SAP ECC and Oracle PeopleSoft systems. The company also references Rimini Connect™, which it characterizes as patented and proprietary interoperability solutions and services designed to address compatibility issues and extend the useful life of existing software platforms, and Rimini Consult™, which provides tailored professional and consultative services across business strategy, process, technology and security.

In addition, Rimini Street highlights Agentic AI ERP innovation solutions, including Rimini Agentic UX™, an intelligent, AI-driven user engagement layer that sits on top of existing ERP software. Public descriptions state that Rimini Agentic UX combines AI-driven orchestration, automation and user experience design principles to deliver a unified, composable interface for enterprise workflows. The company positions this layer as enabling persona- and role-based automation and productivity enhancements without requiring costly ERP upgrades or migrations.

Agentic AI ERP and the Rimini Smart Path™

In its announcements, Rimini Street presents a vision for Agentic AI ERP as a next-generation approach in which autonomous AI agents orchestrate business processes across composable ERP platforms. The company’s white paper "The Rise of Agentic AI ERP" is described as outlining how organizations can build on existing ERP software with Agentic AI enhancements, aiming to reduce labor, streamline workflows and achieve faster time-to-value. Rimini Street states that this architecture can be deployed over existing ERP software with nominal investment and minimal risk, with value delivered in weeks rather than longer project timelines.

Rimini Street references its Rimini Smart Path™ methodology as a tested approach used by enterprises across industries and geographies. According to company descriptions, clients leverage this methodology to extend the life and value of proven ERP releases, free up funds to adopt emerging technologies such as AI and pursue what the company characterizes as "Transformation without Disruption™" for their ERP landscapes.

Client examples and use cases

Recent company news releases provide specific examples of how Rimini Street’s services are used in practice. SP Electricity North West, a British energy provider, is cited as using Rimini Support™ for its SAP ECC system and engaging Rimini Street’s IT professional services to implement a new single sign-on capability. According to the client’s statements in the release, this resolved recurring SAP system issues and reduced overhead costs associated with password reset tickets, while improving system uptime and accessibility for employees.

Another example involves Tidewater, described as the world’s largest offshore service vessel fleet operator. Tidewater initially selected Rimini Street to support its Oracle PeopleSoft ERP system in Brazil, then expanded the relationship to include SAP support and a new tax software solution. The company later adopted Rimini Connect™ to address interoperability and security patching challenges and Rimini Consult™ for professional services related to ERP consolidation and process improvements.

Silicon Labs, a U.S.-based semiconductor manufacturer, is described as partnering with Rimini Street to develop an ERP roadmap and align multiple SAP environments with modern operating system and database standards. Following this engagement, Silicon Labs entered into a multi-year Rimini Support™ agreement for SAP, with the company’s public statements emphasizing cost savings, platform stability and support for growth initiatives.

Market positioning and industry context

Across its public communications, Rimini Street consistently characterizes itself as a third-party alternative to vendor-provided maintenance and support for major enterprise software platforms, particularly Oracle, SAP and VMware. The company’s materials highlight themes such as extending the useful life of existing ERP software, avoiding or deferring vendor-driven upgrades and migrations, and reallocating budget toward AI projects and other technology initiatives. Rimini Street also references research and thought leadership on topics such as multi-vendor composable ERP strategies and the use of third-party support to enable faster innovation, including AI adoption.

The company notes that its client base includes organizations across energy and utilities, manufacturing, media, public sector and other industries. Examples in its releases include energy providers, petroleum manufacturers and broadcasters, as well as manufacturers of beverages, food products and semiconductors. Rimini Street also reports that it has surpassed certain internal milestones, such as signing over 100 VMware support contracts, and that it has been added to the U.S. General Services Administration Multiple Award Schedule as an approved supplier of support and security services for Oracle, SAP and VMware software products.

Geographic reach and stock information

Rimini Street’s disclosures indicate that it generates revenue from both the United States and international markets. The company is listed on Nasdaq under the ticker symbol RMNI and is identified in its news releases as a Russell 2000® company. Its SEC filings and press releases reference regular reporting of quarterly financial and operating results, as well as participation in investor conferences and dedicated investor day events where it discusses its market opportunity, solution portfolio, go-to-market strategy and financial model.

Legal and regulatory context

Rimini Street’s SEC filings describe a long-running litigation history with Oracle Corporation related to the manner in which Rimini Street provided certain support services to Oracle licensees. The company’s Form 8-K dated July 9, 2025 outlines a confidential settlement agreement with Oracle intended to provide a full, final, complete and global settlement of the subject matter of the "Rimini II" case, subject to specified conditions. As part of this context, Rimini Street has previously announced a unilateral decision to wind down its offering of support and services for Oracle PeopleSoft software, with a defined wind-down period and reporting obligations.

The same filing notes that the Ninth Circuit held that Rimini Street offered third-party support in lawful competition with Oracle’s direct maintenance services, and that permanent injunctions in the "Rimini I" and "Rimini II" matters remain in effect, defining how Rimini Street can provide support services for certain Oracle product lines. The company’s public risk factor discussions, as summarized in its press releases, emphasize that litigation outcomes, regulatory changes, cybersecurity, AI technology risks and other factors may affect its operations and financial performance.

Business model characteristics

Based on the company’s own descriptions, Rimini Street’s business model centers on subscription-based support and related services for enterprise software environments, combined with managed services, interoperability solutions and consulting. Its communications highlight recurring subscription revenue, remaining performance obligations and annualized recurring revenue as key metrics. The company also reports on client counts, revenue retention rates and the mix of U.S. and international revenue in its quarterly results.

Rimini Street’s positioning emphasizes cost savings relative to vendor maintenance fees, support for highly customized and stable ERP releases, and the ability to redirect budget toward innovation projects, including AI. The company’s Agentic AI ERP offerings, such as Rimini Agentic UX and the broader Agentic AI ERP architecture described in its white paper, are presented as extensions of this model, aiming to deliver AI-driven process automation and enterprise-wide visibility over existing ERP systems.

Use cases in energy, manufacturing and public sector

The company’s news releases provide sector-specific examples of its work. In the energy and utilities sector, SP Electricity North West reports using Rimini Street’s support and professional services to improve SAP system uptime and implement single sign-on capabilities, reducing service desk workload and freeing resources for higher-value projects. Tidewater, operating a large offshore service vessel fleet, is described as using Rimini Street’s services to consolidate financial systems, automate tax reporting and address interoperability and security challenges, with an emphasis on communication and documentation.

In manufacturing, Silicon Labs cites Rimini Street’s role in reducing technical debt, strengthening security and compliance and enabling faster reporting from SAP systems. Other manufacturing clients mentioned in Rimini Street’s operating results include Idemitsu Kosan and Suntory, which are described as using Rimini Support™ and Rimini Consult™ for SAP and Oracle-based initiatives. In the public sector, the company notes its status as an approved supplier on the U.S. General Services Administration schedule, enabling U.S. federal, state, local and tribal governments to procure its services.

Rimini Street stock (RMNI) as an investment reference

For investors researching RMNI stock, Rimini Street’s public communications provide insight into its focus on enterprise software support, managed services and Agentic AI ERP solutions. The company’s quarterly earnings releases and Form 8-K filings discuss revenue composition, subscription revenue, recurring revenue metrics, client counts, gross margin, operating income and cash balances, as well as stock repurchase activity and debt repayment. These disclosures, together with risk factor summaries referenced in its SEC filings, form the primary basis for evaluating the company’s financial and operational profile over time.

As with any stock, analysis of RMNI requires review of the company’s complete SEC filings, including Forms 10-K, 10-Q and 8-K, along with its official earnings releases and investor presentations. The information summarized here reflects statements made by Rimini Street in its public news releases and regulatory filings and does not constitute investment advice.