Rimini Street Delivers Strong Growth in Q1 2026 with Accelerating Momentum
Rimini Street, a leading provider of enterprise software support and next-generation AI ERP solutions, delivered strong growth in its first quarter 2026 results, marking another milestone in the company's evolution beyond traditional third-party enterprise software support.
According to Seth Ravin, CEO and President of Rimini Street, the company's first quarter results reflect continued growth and accelerating momentum. A growing number of organizations are leveraging Rimini Support and the company's proven Rimini Smart Path to execute their global ERP and operational transaction processes faster, better, and cheaper, with more agility and speed to value, all within existing budgets.
Rimini Street's adjusted calculated billings and adjusted ARR (Annual Recurring Revenue) grew year-over-year, with expanded remaining performance obligations. The company also made additional strategic investments in its next-generation Rimini Agentic AI ERP solutions, which can be quickly deployed over existing ERP software without the cost or risk of unnecessary upgrades, migrations, or replatforming.
During the quarter, Rimini Street closed 11 new client transactions with over $1 million in TCV (Total Contract Value) and totaling $33 million, compared to 5 transactions totaling $5.6 million during the same period last year. The company added 50 new logos that included household global and regional brand wins.
Rimini Street's CEO Seth Ravin emphasized the company's confidence in delivering growth in fiscal 2026, citing the combined strength of the second half of 2025 and first quarter 2026 results. He also highlighted the company's evolution beyond traditional third-party enterprise software support to a leader in helping clients modernize their existing business transaction systems in the AI era.
With over 1,900 employees in 22 countries, Rimini Street is now the software support and Rimini Agentic AI ERP company. The company believes it can help organizations achieve significant IT operating cost savings, improve profitability, enhance competitive advantage, and accelerate growth, with its clients already realizing over $10 billion in operational savings.
Rimini Street's proprietary three-step methodology, the Rimini Smart Path, allows clients to self-fund and accelerate innovation, especially AI and automation, without undergoing costly, risky, or unnecessary ERP upgrades or rip-and-replace migrations. This approach enables organizations to modernize their existing IT environments without operational disruption.
As a leader in Agentic AI ERP, Rimini Street is helping clients set a new vision, technical, and functional path forward from their current vendor ERP software release. A path that does not require any return to the vendor for a future upgrade or migration to their current ERP software release in order to achieve innovation and modernization.
With its strong growth momentum and strategic investments in AI ERP solutions, Rimini Street is well-positioned to deliver increased growth and profitability in fiscal 2026 and beyond.
