Rimini Street Q2 2025 revenue $104.1M (+1%), net income $30.3M vs loss, aided by $37.9M Oracle settlement

Rimini Street, Inc.

2025-Q2 EPS reported $0.36 revenue$208,318,000

GAAP net income $30.3M ($0.32 diluted EPS) vs net loss $1.1M in prior year; includes $37.9M from Oracle settlement received July 9.
Non-GAAP net loss $0.1M vs non-GAAP net income $6.1M; Adjusted EBITDA $13.0M vs $8.8M.
Gross margin 60.4% vs 59.1%; revenue retention 90% vs 88%; active clients 3,060 (+1.8% YoY).
Repaid remaining $10M revolver on July 15; cash $101.3M at quarter-end.
Appointed Vijay Kumar as COO and Joe Locandro as CIO; plan to reinitiate guidance at Q4 Analyst Day.

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