Rimini Street (RMNI) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Rimini Street

NasdaqGM•Technology•Software - Application

$5.13+1.14(0.29%)Market open

Market Cap

$454.09M

P/E

41.3x

P/S

1.0x

Rimini Street, Inc. provides enterprise software support, managed services, and Agentic AI ERP solutions. The company engages in the provision of support services for Oracle and SAP enterprise software products. It also provides Rimini Agentic UX, an AI-driven orchestration, automation, and user experience (UX) design to deliver a unified and composable interface for enterprise workflows; Rimini Support, a mission-critical support for Oracle, SAP and VMware applications, proprietary and open-source database, and technology software; Rimini Manage, a suite of managed services for application and database software; and Rimini Protect, a suite of personalized software security services and solutions. The company also offers Rimini Connect, a suite of managed interoperability solutions for browsers, operating systems, and email systems; Rimini Watch, a suite of observability solutions that include monitoring and system health check solutions; Rimini Consult, a suite of professional services for clients' enterprise software customization, configuration, implementation, integration, interoperability, migration, staff augmentation, and other project needs; and Rimini Custom, a program that expands support and related services to a broader portfolio of enterprise software. The company serves Fortune 500 companies and Fortune Global 100 companies across various industries. It sells its solutions primarily through direct sales organizations in North America, Latin America, Europe, Africa, the Middle East, Asia, and the Asia-Pacific. The company was founded in 2005 and is headquartered in Las Vegas, Nevada.

How this company scores

WeakMetricSide Score: 48/100

Grade capped at D — Negative equity — the balance sheet is insolvent. Strongest: Cash & Earnings Quality (19/25); weakest: Growth (7/25).

Profitability7/25

Growth7/25

Balance Sheet & Red Flags15/25

Cash & Earnings Quality19/25

Strengths

Interest easily coveredCash-backed earningsNet cash positionImproving margins

Grade capped at D

Negative equity — the balance sheet is insolvent.

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 41.3x5y range 5.8x – 4951.9x

Currently above its 15-quarter median.

P/S · 1.0x5y range 0.4x – 1.4x

Currently near its 20-quarter median.

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

Operating margins dropped 64.1% over recent quarters — a sharp decline suggesting serious cost or pricing challenges.

Earnings Quality

Red Flag

Free cash flow has been negative in 4 of the last 8 quarters — earnings are not translating to cash.

Price & Volume

Market Cap $454.09M

Metrics at a Glance

as of September 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $438.39M
Q. Revenue: $112.06M
TTM EBITDA: $31.93M
TTM Op. Income: $25.99M
Q. Op. Income: $9.85M
TTM Net Income: $11.01M
Q. Net Income: $6.52M
EPS: $0.07
Shares Out.: $93.05M

$438.39M in TTM revenue grew 2.9% YoY, reaching $112.06M last quarter. TTM EBITDA of $31.93M and TTM operating income of $25.99M show growth is flowing through to the bottom line. TTM net income of $11.01M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 3 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 61.4%
EBITDA Margin: 9.7%
Op. Margin: 8.8%
Net Margin: 5.8%

Op. margin of 8.8% is up 4.5% YoY — cost efficiency is improving. Net margin at 5.8% and gross margin of 61.4% show how much of each revenue dollar survives to profit. Across the last 8 quarters, operating margin has risen for 4 consecutive quarters — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 41.3x
P/S Ratio: 1.0x
P/B Ratio: N/A

At 41.3x P/E, the stock trades above typical market levels — the market expects above-average growth. P/S of 1.0x and P/B of 0.0x provide additional context. P/E sits above typical market levels while revenue growth is below 5%. Over the past year, P/E is up 300% — an improving trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $354.45M
Cash: $93.32M
Long-Term Debt: $41.74M
Book Value: $-11.52M
D/E Ratio: N/A
Debt/EBITDA: 3.8

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $-15.20M
TTM Free Cash Flow: $22.34M
FCF Margin: 5.1%
FCF / Net Income: 2.0

TTM FCF of $22.34M on $-15.20M in operating cash flow. The FCF / Net Income ratio of 2.0x means free cash flow covers net income — earnings are backed by cash. Over the past year, free cash flow is up 1527% — a weakening trend.