Rimini Street, Inc. (RMNI) Earnings Call Transcripts
Rimini Street, Inc.'s Latest Earnings Call - Q1 FY2026
In Q1 2026, Rimini Street, Inc. reported revenue of $105.5 million, reflecting a 1.2% year-over-year increase, and adjusted annual recurring revenue (ARR) of $400.8 million, also up 1.2% year-over-year. The company achieved a significant 19.9% year-over-year increase in billings, totaling $95.3 million, indicating strong demand for its services. Management maintained its full-year revenue growth guidance of 4% to 6%, while signaling confidence in continued growth driven by its Agentic AI ERP solutions and a strategic shift towards longer-term contracts.
Reported metrics
| Metric | Value |
|---|---|
| Revenue | $105.5 million (inline) |
| Billings | $95.3 million (beat) |
| Adjusted ARR | $400.8 million (inline) |
| Gross Margin | 59.0% (miss) |
| Net Income | $1.4 million (miss) |
| Operating Cash Flow | $24.5 million (miss) |
Guidance from management
Management provided Q2 2026 revenue guidance of $106 million to $108 million and reiterated full-year revenue growth guidance of 4% to 6%.
What management said
Well, I think our average contract length before used to be something short of 3 years, about 2.5, 2.6 years for a new contract. And we're seeing longer-term contracts being signed. And I think the indication of that is we're watching customers think about a much longer term for this next phase of technology transition. And they're looking at their existing systems. They're looking at the amount of change that's comi...
Well, I think we want to just take it very carefully. As you know, we didn't grow for a while there, and we're back and feeling very positive and very confident in our growth for the year and hence, the mid-single-digit growth targets that we set out there. But we want to just get another quarter under the belt and think about that before we talk about any kind of raise in the guidance.
What analysts pressed on
Analysts expressed concerns regarding the decline in gross margins and the increase in sales and marketing expenses without a corresponding increase in revenue. There were questions about the sustainability of growth and the potential impact of the PeopleSoft wind-down on future performance.
Main topics on the call
- Revenue Growth and Billings — Rimini Street reported Q1 revenue of $105.5 million, a 1.2% YoY increase. Billings surged by 19.9% YoY to $95.3 million, indicating strong demand and improved sales execution. Management noted, 'We are seeing continued g...
- Agentic AI ERP Solutions — The company is transitioning towards its Agentic AI ERP solutions, which are expected to enhance client engagement and drive future growth. Management stated, 'We are now the software support and Agentic AI ERP company,'...
- Client Acquisition and Retention — Rimini Street added 50 new logos in Q1, a significant increase from previous quarters. The revenue retention rate for service subscriptions was reported at 88%, with management aiming to improve this metric to over 90% i...
- Gross Margin and Expenses — Gross margin decreased to 59.0% from 61.0% YoY, attributed to increased investments in sales and marketing. Management noted, 'Our gross margin in the period was negatively impacted by investments pulled forward in the y...
Read the full Rimini Street, Inc. transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.
About Rimini Street, Inc.
Rimini Street, Inc. (RMNI) is a publicly listed company in the Software industry, within the Information Technology sector. It trades on NasdaqGM and is based in US. EarningsCalls.dev maintains a free, full-text archive of its earnings call transcripts — 34 calls on record spanning March 12, 2020 to July 30, 2026. Every transcript is split into speaker-by-speaker segments with headline metrics, free to read or available through our REST API.
Earnings Call History
EarningsCalls.dev has 34 Rimini Street, Inc. earnings call transcripts on record, spanning March 12, 2020 to July 30, 2026. Based on this history, Rimini Street, Inc. reports quarterly. The most recent call on file is dated July 30, 2026. The full list is below — each row opens the complete, free-to-read transcript.
- Ticker
- RMNI
- Exchange
- NasdaqGM
- Country
- US
- Sector
- Information Technology
- Industry
- Software
- Calls on record
- 34
- First call
- March 12, 2020
- Most recent
- July 30, 2026
- Reporting cadence
- quarterly