RMNIMEDIUM SIGNALOPERATIONAL10-K

RMNI has repositioned itself as a provider of "Agentic AI ERP innovation solutions" and expanded its mission to focus on "Transformation without Disruption" while showing improved financial metrics.

The company appears to be pivoting toward AI-enhanced enterprise solutions, which could represent either a growth opportunity or a response to competitive pressures in the traditional third-party software support market. The expanded risk language acknowledging "new risks emerge from time to time" suggests management recognizes increased uncertainty in their evolving business model.

Comparing 2026-02-19 vs 2025-02-27View on EDGAR →
FINANCIAL ANALYSIS

RMNI's balance sheet strengthened notably with cash increasing 35% to $120M and stockholders' equity improving substantially from -$69.4M to -$27M, moving closer to positive territory. Total assets grew 15% while current assets expanded 17%, indicating improved liquidity and financial positioning. The modest increase in interest expense reflects slightly higher borrowing costs but remains manageable given the improved cash position.

FINANCIAL STATEMENT CHANGES
Stockholders Equity
Balance Sheet
+61.1%
-$69.4M-$27.0M

Equity base grew 61.1% — retained earnings accumulation or equity issuance strengthening the balance sheet.

Cash & Equivalents
Balance Sheet
+35.1%
$88.8M$120.0M

Cash position surged 35.1% — strong cash generation or capital raise providing significant financial cushion.

Interest Expense
P&L
+29.3%
$4.3M$5.5M

Interest costs rose 29.3% — monitor debt levels and coverage ratio in rising rate environment.

Current Assets
Balance Sheet
+17.2%
$256.3M$300.4M

Current assets grew 17.2% — improving short-term liquidity or inventory/receivables build.

Total Assets
Balance Sheet
+14.6%
$369.1M$423.1M

Asset base grew 14.6% — expansion through organic growth, acquisitions, or capital deployment.

LANGUAGE CHANGES
NEW — 2026-02-19
PRIOR — 2025-02-27
ADDED
The registrant had approximately 91,664,000 shares of its $0.0001 par value Common Stock outstanding as of February 17, 2026.
The 2026 Proxy Statement, or an amendment to this Form 10-K, will be filed with the SEC within 120 days after December 31, 2025.
Moreover, we operate in very competitive and rapidly changing markets in which new risks emerge from time to time.
You should read this Report and the documents that we reference in this Report and have filed with the United States Securities and Exchange Commission (the SEC ) as exhibits with the understanding that our actual future results, levels of activity and performance, as well as other events and circumstances, may be materially different from what we expect.
and its subsidiaries (referred to as Rimini Street, the Company, we and us ) are global providers of end-to-end third-party enterprise software support, managed services and Agentic AI ERP innovation solutions.
Our mission is to enable our clients to better control their IT roadmap by offering a comprehensive portfolio of unified software support services and related ERP solutions designed to be funded within existing budgets to accelerate the vision of Transformation without Disruption, empowering clients to put technology to work to produce more efficient business outcomes to provide a competitive advantage and facilitate growth.
We founded Rimini Street to disrupt and redefine the enterprise software support market by developing and delivering new solutions that filled an unmet need in the enterprise software market: an alternative to software vendor support.
As our reputation for technical capability, value, ingenuity, responsiveness and reliability has grown over the past twenty years, clients and prospects have asked us to expand the scope of our support, product and service offerings to meet other current and evolving needs and opportunities related to their enterprise software.
As a result, we began expanding our solutions portfolio (our Solutions Portfolio ) to provide a wider array of support for enterprise software including an expanded list of supported software through our Rimini Custom program; managed services for Workday, Dayforce and ServiceNow; and new solutions for security, interoperability, observability and consulting.
We believe that our current and prospective clients often seek to reduce the number of IT vendors to allow more manageable governance, with a desire to select vendors who can provide a wider scope of IT services and become true trusted partners.
REMOVED
The registrant had approximately 91,296,000 shares of its $0.0001 par value Common Stock outstanding as of February 25, 2025.
The 2025 Proxy Statement, or an amendment to this Form 10-K, will be filed with the SEC within 120 days after December 31, 2024.
Moreover, we operate in very competitive and rapidly changing markets.
You should read this Report and the documents that we reference in this Report and have filed with the SEC as exhibits with the understanding that our actual future results, levels of activity and performance, as well as other events and circumstances, may be materially different from what we expect.
and its subsidiaries (referred to as Rimini Street , the Company , we and us ) are global providers of end-to-end enterprise software support, products and services.
The Company offers a comprehensive family of unified solutions to run, manage, support, customize, configure, connect, protect, monitor, and optimize clients enterprise application, database, and technology software platforms.
We founded Rimini Street to disrupt and redefine the enterprise software support market by developing and delivering innovative new solutions that filled a then-unmet need in the enterprise software market.
Over the years, as our reputation for technical capability, value, innovation, responsiveness and trusted reliability grew, clients and prospects began asking us to expand the scope of our support, product and service offerings to meet other current and evolving needs and opportunities related to their enterprise software.
We also heard from prospects and clients that their goals include reducing the number of IT vendors to more manageable numbers from a governance perspective, with a desire to select vendors who can provide a wider scope of IT services and become true trusted partners.
To meet the needs of our clients and prospects and to service what we believe is a significantly expanded addressable market opportunity, we continue to expand our solutions portfolio (our Solutions Portfolio ) to a wider array of enterprise software including an expanded list of supported software for VMware; managed services for Oracle, SAP, Salesforce , IBM, ServiceNow , and open-source database software; and new solutions for security, interoperability, observability and consulting.
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