Rimini Street FY26 Q2 GAAP net income drops to $2.4 million; revenue rises 6.7% to $111.1 million

Reuters2026/07/30 20:11

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

Rimini Street posted fiscal Q2 2026 revenue of $111.1 million, up 6.7% year over year; operating income fell to $6.4 million.
Net income dropped to $2.4 million, or $0.03 per diluted share, versus a prior-year quarter boosted by a litigation settlement benefit.
Remaining performance obligations climbed 8% to $636.9 million; active clients rose 2.4% to 3,132, while the revenue retention rate held at 90%.
Calculated billings declined 8.8% to $100.9 million; gross margin edged up 0.5 percentage points to 60.9%.
It guided Q3 revenue to $110 million-$112 million, reiterating full-year growth of 4%-6% and adjusted EBITDA margin of 12.5%-15.5%.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Rimini Street Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202607301603BIZWIRE_USPR_____20260730_BW702735) on July 30, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

Rimini Street FY26 Q2 GAAP net income drops to $2.4 million; revenue rises 6.7% to $111.1 million

You may also like

Crypto prices