RIMINI STREET INC (RMNI)
Information Technology · Independent enterprise software support and managed services · NASDAQ
Independent enterprise software support and managed services provider that replaces costly vendor support with AI-enabled alternatives, helping clients innovate within existing IT budgets.
What RIMINI STREET INC does
Rimini Street is a global independent software support and managed services provider that offers third-party support for enterprise resource planning (ERP) and other enterprise software, replacing vendor support at substantial cost savings. The company has expanded beyond traditional support to offer a portfolio of solutions under its "Rimini Smart Path" methodology—including managed services, security, interoperability, observability, consulting, and agentic AI innovation solutions—designed to help clients support, optimize, and innovate their software investments without increasing overall IT spend.
Themes: ["Enterprise software support / independent maintenance","Agentic AI / enterprise AI innovation","Cost optimization / vendor alternatives","Managed services","Cybersecurity / threat intelligence","ERP transformation"]
Fundamentals
- Price$4.78 as of 2026-07-09 close
- Market cap$434M as of 2026-07-10
- 1-year return+21.0% as of 2026-07-09 close
- P/E12.35 as of 2026-07-10
- Net margin+8.3% as of 2026-07-10
- Gross margin+59.9% as of 2026-07-10
- ROE-32.0% as of 2026-07-10
- Debt / equity0.00 as of 2026-07-10
- Revenue growth (YoY)-0.8% as of 2026-07-10
- Revenue CAGR (3y)+9.7% SEC XBRL
- Beta1.22 as of 2026-07-10
Key risks (from latest filing)
["Oracle Settlement Agreement impact: obligated to wind down support for Oracle PeopleSoft by July 31, 2028, which will result in significant revenue loss and completion costs related to the wind-down obligation","Intense competition in enterprise software support market and risk of failure to compete effectively, including vendor efforts to sell cloud migrations that could displace third-party support","Cybersecurity and data protection risks: ability to defend against cyber threats, protect confidential client and employee information, and comply with evolving data protection and privacy regulations"]
Competitors & peers
- IBM (support and managed services divisions)
- Accenture (enterprise services and managed services)
- Capgemini (enterprise support and services)
- DXC Technology (enterprise support services)
- HCL Technologies (software services and support)
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.