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Rimini Street (RMNI) Q2 2025 earnings results (second quarter 2025)

10-Q filed Jul 31, 2025

Rimini Street (RMNI) reported revenue of $104M for the second quarter 2025 (Q2 2025), +1% from a year earlier and -0.1% from the quarter before. Operating margin was 39.6%, net earnings $30.3M (29.1% of revenue).

Revenue$104M
Year over year+1%
Quarter over quarter-0.1%
Operating margin39.6%
Net earnings$30.3M

Rimini Street, Q2 2025: revenue $104M (+1% year over year), operating margin 39.6%, net earnings $30.3M, operating cash flow −$17.8M. The chart follows the revenue to costs, profit and cash.

Q2 2025AmountQ/QY/Y
Revenue$104M-0.1%+1%
Gross profit$62.9M-1%+3%
Operating profit$41.2M+340%—
Net earnings$30.3M+803%—
Operating cash flow−$17.8M-153%—

What changed

Revenue was $104.1M in Q2 2025, up 1% year over year and roughly flat from the previous quarter.

Gross margin was 60.4%, up 1.3 points from a year earlier. Operating profit was $41.2M, a 39.6% margin (up 40.3 points year over year). Operating expenses fell 65% while revenue rose 1%. Net earnings were $30.3M. The effective tax rate was 25.8%.

Operating cash flow was −$17.8M. Non-cash charges added back $859K of depreciation and amortization and $2.9M of share-based compensation. Working capital and other items used $51.8M. Capital expenditures of $1.8M exceeded it, leaving free cash flow of −$19.5M.

Questions

What was Rimini Street's revenue in the second quarter 2025?

Rimini Street (RMNI) reported revenue of $104M for the second quarter 2025 (Q2 2025), +1% from a year earlier and -0.1% from the quarter before.

Was Rimini Street profitable in the second quarter 2025?

Operating profit was $41.2M (39.6% of revenue) and net earnings $30.3M.

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Source: Rimini Street 10-Q on SEC EDGAR.