0001635282-26-000014
SEC filingRimini Street, Inc. reported strong financial results for fiscal year 2025, ending December 31, 2025. The company generated $421.5 million in revenue, achieving a gross profit of $254.6 million and net income of $37.1 million. Operating income was $59.9 million, with operating cash flow of $60.2 million. The company maintained a solid liquidity position with $120.0 million in cash and cash equivalents, though it reported a stockholders' deficit of $27.0 million. Key drivers included effective cost management and revenue growth, though the company faced significant litigation costs totaling $31.4 million net. The financial performance demonstrates operational efficiency despite legal challenges.
Rimini Street, Inc. reported solid financial performance for fiscal year 2025. The company generated $421.5 million in revenue, representing the top-line growth for the period. Gross profit reached $254.6 million, reflecting the company's ability to maintain profitability from its core operations. Operating income was $59.9 million, demonstrating effective management of operating expenses which totaled $194.7 million. Net income for the year was $37.1 million, with comprehensive income slightly higher at $38.9 million due to foreign currency translation gains and other adjustments. The company's operating cash flow was strong at $60.2 million, indicating healthy cash generation from core business activities.
The company's revenue of $421.5 million represents the total income generated from its operations. The document does not provide segment breakdowns or geographic mix data, so detailed revenue analysis by business unit or region cannot be provided. Similarly, specific growth drivers beyond the overall revenue figure are not disclosed in the available data. The company's cost of revenue was $166.9 million, resulting in a gross profit margin of approximately 60.4%. This suggests the company maintains healthy margins on its service offerings, though specific product or service line contributions are not detailed in the provided information.
The company demonstrated solid profitability metrics for fiscal year 2025. Gross margin was approximately 60.4%, calculated from revenue of $421.5 million and cost of revenue of $166.9 million. Operating margin was approximately 14.2%, derived from operating income of $59.9 million against total revenue. The cost structure shows sales and marketing expenses of $151.6 million, general and administrative expenses of $70.0 million, and significant litigation-related costs totaling $31.4 million net. These litigation costs, including a $36.2 million settlement and $4.8 million in professional fees, impacted overall profitability. Reorganization costs of $4.5 million also contributed to operating expenses.
The company generated strong operating cash flow of $60.2 million for fiscal year 2025. Investing activities used $4.6 million primarily for capital expenditures, while financing activities used $26.6 million for debt repayments and stock repurchases. The net change in cash was positive $31.9 million. The balance sheet shows total assets of $423.1 million, with current assets of $300.4 million including $120.0 million in cash and cash equivalents. Total liabilities were $450.1 million, resulting in a stockholders' deficit of $27.0 million. The company had $63.2 million in long-term debt and $4.0 million in current maturities. Deferred revenue was significant at $287.5 million total ($268.7 million current, $18.8 million noncurrent).
The provided document does not contain specific forward-looking statements, management guidance, or strategic priorities for future periods. No explicit risk factors, growth projections, or strategic initiatives are disclosed in the financial data presented. The analysis is limited to the historical financial results for fiscal year 2025 as reported in the 10-K filing. Investors should refer to the complete filing for any management discussion and analysis sections that might contain forward-looking information, but such content is not included in the provided data extracts.