Filing Flows › Rimini Street (RMNI) › Q1 2026
Rimini Street (RMNI) Q1 2026 earnings results (first quarter 2026)
10-Q filed Apr 30, 2026
Rimini Street (RMNI) reported revenue of $105M for the first quarter 2026 (Q1 2026), +1% from a year earlier and -4% from the quarter before. Operating margin was 4.6%, net earnings $1.4M (1.3% of revenue).
Rimini Street, Q1 2026: revenue $105M (+1% year over year), operating margin 4.6%, net earnings $1.4M, operating cash flow $24.5M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $105M | -4% | +1% |
| Gross profit | $62.3M | -6% | -2% |
| Operating profit | $4.8M | -3% | -49% |
| Net earnings | $1.4M | +88% | -59% |
| Operating cash flow | $24.5M | +25% | -27% |
| Free cash flow | $23.9M | +27% | -27% |
What changed
Revenue was $105.5M in Q1 2026, up 1% year over year and down 4% from the previous quarter.
Gross margin was 59.0%, down 1.9 points from Q1 2025. Operating profit was $4.8M, a 4.6% margin (down 4.4 points year over year). Operating profit fell $4.6M even though revenue rose $1.3M versus Q1 2025, so costs grew faster than sales. Operating expenses grew 6% against revenue growth of 1%. The fastest-growing cost line was Sales & marketing (+13%). Net earnings were $1.4M, down 59% year over year. The effective tax rate was 41.1%.
Operating cash flow was $24.5M (down 27% year over year), 1802% of net earnings. Non-cash charges added back $1.0M of depreciation and amortization and $2.7M of share-based compensation. Working capital and other items added $19.5M. Capital expenditures of $648K left free cash flow of $23.9M.
Questions
What was Rimini Street's revenue in the first quarter 2026?
Rimini Street (RMNI) reported revenue of $105M for the first quarter 2026 (Q1 2026), +1% from a year earlier and -4% from the quarter before.
Was Rimini Street profitable in the first quarter 2026?
Operating profit was $4.8M (4.6% of revenue) and net earnings $1.4M.
Source: Rimini Street 10-Q on SEC EDGAR.