---
schema_version: "secwatch.filing_event.v1"
accession: "0001635282-25-000132"
form_type: "8-K"
ticker: "RMNI"
cik: "0001635282"
company_name: "Rimini Street, Inc."
filed_at: "2025-05-01T23:59:59+00:00"
generated_at: "2026-05-23T00:36:33.935965+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Rimini Street Q1 revenue $104.2M (-2.4% YoY), net income rises to $3.4M; suspends guidance due to Oracle litigation

## Summary
- Net income $3.4M (diluted EPS $0.04) vs $1.3M ($0.01) a year ago; Adjusted EBITDA $15.3M vs $10.7M.
- Revenue declined 2.4% to $104.2M; international revenue up 2.2% to $54.1M, US down 6.9% to $50.1M.
- Gross margin improved to 61.0% from 59.8%; billings grew 7.2% to $79.4M.
- Annualized Recurring Revenue fell 4.7% to $396.2M; Revenue Retention Rate 88% vs 89% a year ago.
- Guidance suspended due to ongoing litigation with Oracle; cash $122.6M at quarter end.

## SEC filing metadata
- accession: 0001635282-25-000132
- form_type: 8-K
- ticker: RMNI
- cik: 0001635282
- company_name: Rimini Street, Inc.
- filed_at: 2025-05-01T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1635282/000163528225000132/0001635282-25-000132-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1635282/000163528225000132/rmni-20250501.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001635282-25-000132
- JSON: https://secwatch.observer/filing/0001635282-25-000132.json
- Plain text: https://secwatch.observer/filing/0001635282-25-000132.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.