Strong Sales Momentum
Rimini Street experienced growing sales momentum, including new client sales with TCV over $1 million and a strong ARR subscription renewals quarter.
Litigation Settlement with Oracle
Rimini Street entered a settlement agreement with Oracle, resolving long-standing litigation and receiving $37.9 million from Oracle related to attorney's fees and costs.
Revenue Growth and Gross Margin Improvement
Revenue for Q2 2025 was $104.1 million, a year-over-year increase of 1%, and gross margin improved to 60.4% from 59.1% in the prior year.
New Partnerships and Product Offerings
Rimini Street announced partnerships with Merlin Cyber and Dayforce, and expanded their service offerings, including successful client engagements with ServiceNow.