Rimini Street Reports Mixed Q2 2026 Results Amid Strategic Shifts
Event summary
- Rimini Street reported $111.1 million in Q2 2026 revenue, up 6.7% YoY (10.0% excluding PeopleSoft).
- Active clients increased by 2.4% YoY to 3,132 as of June 30, 2026.
- Adjusted EBITDA declined to $10.5 million from $14.0 million in Q2 2025 due to litigation settlement benefits in the prior year.
- Remaining Performance Obligations (RPO) grew by 8.0% YoY to $636.9 million as of June 30, 2026.
The big picture
Rimini Street's Q2 2026 results reflect a strategic pivot towards AI-driven solutions and cost optimization, amid a competitive landscape dominated by legacy enterprise software vendors. The company's ability to transition clients away from unnecessary ERP upgrades while maintaining profitability will be critical in the coming quarters.
What we're watching
- AI Integration
- The pace at which Rimini Street can scale its Agentic AI ERP solutions will determine its competitive edge in the enterprise software support market.
- Debt Management
- Whether Rimini Street can sustain its debt reduction strategy while investing in sales capacity and product innovation remains a key focus.
- Market Expansion
- How the company's international revenue growth (14.1% YoY) will impact its overall strategic positioning against larger competitors like Oracle and SAP.
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