Rimini Street, Inc. (NASDAQ: RMNI)

Rimini Street, Inc. is a global provider of third party enterprise software support managed services and Agentic AI ERP innovation solutions. The company helps clients control their IT roadmap by offering a unified portfolio of support services and related ERP solutions that can be funded within existing budgets. Rimini Street was founded in 2005 in Nevada and reincorporated in Delaware after a 2017 merger. Its shares trade on the Nasdaq Global Market under the ticker RMNI.

Rimini Street generates revenue primarily through subscription based support contracts for enterprise software products such as Oracle SAP VMware and others. In addition the company earns fees from managed services professional services and specialized offerings like security interoperability observability and consulting. The company reported revenue of 421.5 million dollars for the year ended December 31 2025 and 428.8 million dollars for the prior year representing a slight year over year decrease.

Rimini Street holds a leading position as the largest independent provider of enterprise software support measured by number of active clients and industry analyst recognition. The company differentiates itself through its Rimini Smart Path framework which combines support optimization and innovation to help clients extend the life of existing systems while adopting new technologies such as agentic AI. Competitors include the original software vendors like Oracle SAP IBM Microsoft and VMware as well as global systems integrators such as Accenture IBM Wipro Cap Gemini and DXC. Rimini Street’s competitive advantages stem from its deep technical expertise its global delivery model its experienced workforce and its ability to provide services at a lower cost than vendor offerings.

Rimini Street serves a diverse customer base that includes over 3100 active clients worldwide spanning corporations educational institutions and government agencies. Among these clients are 78 companies from the Fortune 500 list and 20 firms from the Fortune Global 100 list. The company’s revenue is derived from a broad range of industries with a significant portion coming from the United States and the remainder from international markets.