Rimini Street Continues to Revolutionize Enterprise Software with Innovative Solutions and Strong Financial Growth
Rimini Street, the leading provider of enterprise software support services, has once again demonstrated its commitment to innovation and customer satisfaction in its second quarter 2026 earnings report. The company's fiscal performance reflects its ability to deliver value to clients while improving profitability.
As announced by Seth Ravin, CEO and President, during the Q2 2026 earnings conference call, Rimini Street has achieved four consecutive quarters of improved growth metrics, aligning with the vision, strategy, and plan shared at the December 2025 Investor Day. The company's guidance for fiscal year 2026 remains on track, reiterating its Rule of 20 results.
During the quarter, Rimini Street closed 14 new client transactions with over $1 million in Total Contract Value (TCV), totaling $30 million and added 58 new logos. For the first half of 2026, the company closed 25 new client transactions with over $1 million in TCV, totaling $62.9 million and added 108 new logos.
The success can be attributed to the company's ability to source or assist with the closing of a meaningful number of sales transactions through its partnerships and alliances. Additionally, clients continued their adoption of Rimini Street's AI solutions, which are helping them solve real business problems using innovative technology deployed over existing ERP software without any need for upgrades, migrations, or replatforming.
"Our clients used the collective savings from switching to Rimini Street annual maintenance on their ERP software and avoided costly low-value ERP upgrades and migrations to fund their Rimini AI ERP solution deployments," said Michael Perica, CFO. "They did not have to spend beyond their current IT budgets for the innovation."
The company's focus remains on enabling clients to extract more value from their existing systems and achieve innovation and modernization that lowers total cost of operations, improves profitability, and enhances competitive advantage.
As Seth Ravin emphasized, "Real innovation is not about installing a software vendor's next dot AI release. It is about reducing total operating costs, improving profitability, and enhancing competitive advantage."
Rimini Street's leadership in Agentic AI ERP has helped clients set a new vision, technical, and functional path forward from their current vendor ERP software release.
