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Side-by-side financial comparison of Ranpak Holdings Corp. (PACK) and Rimini Street, Inc. (RMNI). Click either name above to swap in a different company.
Rimini Street, Inc. is the larger business by last-quarter revenue ($105.5M vs $93.7M, roughly 1.1× Ranpak Holdings Corp.). On growth, Ranpak Holdings Corp. posted the faster year-over-year revenue change (2.3% vs 1.2%). Over the past eight quarters, Ranpak Holdings Corp.'s revenue compounded faster (13.7% CAGR vs 1.1%).
Ranpak Holdings Corp. manufactures machines and paper products used in protective paper-based packing for shipping goods and merchandise for e-commerce and industry, along with automation solutions. The company is based in Concord, Ohio, and has production facilities and offices in Reno, Nevada; Kansas City, Missouri; the Netherlands; Czech Republic; Shanghai and Singapore. The paper packaging material can be used for multiple applications like wrapping, cushioning, void fill and cold chain p...
Rimini Street, Inc. is a global provider of independent third-party support services for enterprise software products including Oracle and SAP platforms. It serves clients across multiple industries worldwide, delivering cost-effective support, maintenance, and consulting solutions that help businesses cut operational expenses while ensuring software performance and security.
PACK vs RMNI — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $93.7M | $105.5M |
| Net Profit | — | $1.4M |
| Gross Margin | 39.0% | 59.0% |
| Operating Margin | -1.0% | 4.6% |
| Net Margin | — | 1.3% |
| Revenue YoY | 2.3% | 1.2% |
| Net Profit YoY | — | -59.4% |
| EPS (diluted) | $-0.11 | $0.01 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | — | $105.5M | ||
| Q4 25 | $93.7M | $109.8M | ||
| Q3 25 | $83.6M | $103.4M | ||
| Q2 25 | $77.8M | $104.1M | ||
| Q1 25 | $77.6M | $104.2M | ||
| Q4 24 | $91.6M | $114.2M | ||
| Q3 24 | $78.6M | $104.7M | ||
| Q2 24 | $72.8M | $103.1M |
| Q1 26 | — | $1.4M | ||
| Q4 25 | — | $724.0K | ||
| Q3 25 | $-10.4M | $2.8M | ||
| Q2 25 | $-7.5M | $30.3M | ||
| Q1 25 | $-10.9M | $3.4M | ||
| Q4 24 | — | $6.7M | ||
| Q3 24 | $-8.1M | $-43.1M | ||
| Q2 24 | $5.5M | $-1.1M |
| Q1 26 | — | 59.0% | ||
| Q4 25 | 39.0% | 60.4% | ||
| Q3 25 | 41.1% | 59.9% | ||
| Q2 25 | 37.1% | 60.4% | ||
| Q1 25 | 39.8% | 61.0% | ||
| Q4 24 | 45.2% | 63.7% | ||
| Q3 24 | 43.8% | 60.7% | ||
| Q2 24 | 43.5% | 59.1% |
| Q1 26 | — | 4.6% | ||
| Q4 25 | -1.0% | 4.5% | ||
| Q3 25 | -6.8% | 4.2% | ||
| Q2 25 | -12.5% | 39.6% | ||
| Q1 25 | -10.3% | 9.0% | ||
| Q4 24 | 1.5% | 13.0% | ||
| Q3 24 | -5.3% | -47.4% | ||
| Q2 24 | -7.1% | -0.8% |
| Q1 26 | — | 1.3% | ||
| Q4 25 | — | 0.7% | ||
| Q3 25 | -12.4% | 2.7% | ||
| Q2 25 | -9.6% | 29.1% | ||
| Q1 25 | -14.0% | 3.2% | ||
| Q4 24 | — | 5.8% | ||
| Q3 24 | -10.3% | -41.2% | ||
| Q2 24 | 7.6% | -1.1% |
| Q1 26 | — | $0.01 | ||
| Q4 25 | $-0.11 | $0.00 | ||
| Q3 25 | $-0.12 | $0.03 | ||
| Q2 25 | $-0.09 | $0.32 | ||
| Q1 25 | $-0.13 | $0.04 | ||
| Q4 24 | $-0.13 | $0.07 | ||
| Q3 24 | $-0.10 | $-0.47 | ||
| Q2 24 | $0.07 | $-0.01 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $63.0M | $132.2M |
| Total DebtLower is stronger | $401.9M | $56.4M |
| Stockholders' EquityBook value | $534.9M | — |
| Total Assets | $1.1B | $397.1M |
| Debt / EquityLower = less leverage | 0.75× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $132.2M | ||
| Q4 25 | $63.0M | $120.0M | ||
| Q3 25 | $49.9M | $108.7M | ||
| Q2 25 | $49.2M | $101.3M | ||
| Q1 25 | $65.5M | $122.6M | ||
| Q4 24 | $76.1M | $88.8M | ||
| Q3 24 | $69.5M | $119.5M | ||
| Q2 24 | $65.1M | $134.2M |
| Q1 26 | — | $56.4M | ||
| Q4 25 | $401.9M | — | ||
| Q3 25 | $403.1M | — | ||
| Q2 25 | $403.1M | — | ||
| Q1 25 | $405.2M | — | ||
| Q4 24 | $406.4M | — | ||
| Q3 24 | $403.2M | — | ||
| Q2 24 | $396.1M | — |
| Q1 26 | — | — | ||
| Q4 25 | $534.9M | $-27.0M | ||
| Q3 25 | $537.8M | $-27.3M | ||
| Q2 25 | $539.0M | $-29.0M | ||
| Q1 25 | $544.1M | $-63.7M | ||
| Q4 24 | $548.1M | $-69.4M | ||
| Q3 24 | $564.3M | $-76.8M | ||
| Q2 24 | $566.2M | $-36.1M |
| Q1 26 | — | $397.1M | ||
| Q4 25 | $1.1B | $423.1M | ||
| Q3 25 | $1.1B | $352.9M | ||
| Q2 25 | $1.1B | $397.5M | ||
| Q1 25 | $1.1B | $343.0M | ||
| Q4 24 | $1.1B | $369.1M | ||
| Q3 24 | $1.1B | $343.8M | ||
| Q2 24 | $1.1B | $367.4M |
| Q1 26 | — | — | ||
| Q4 25 | 0.75× | — | ||
| Q3 25 | 0.75× | — | ||
| Q2 25 | 0.75× | — | ||
| Q1 25 | 0.74× | — | ||
| Q4 24 | 0.74× | — | ||
| Q3 24 | 0.71× | — | ||
| Q2 24 | 0.70× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $19.5M | — |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $19.5M | $19.6M | ||
| Q3 25 | $8.5M | $24.7M | ||
| Q2 25 | $-3.6M | $-17.8M | ||
| Q1 25 | $-1.3M | $33.7M | ||
| Q4 24 | $6.5M | $-37.7M | ||
| Q3 24 | $10.1M | $-18.5M | ||
| Q2 24 | $19.6M | $6.3M |
| Q1 26 | — | — | ||
| Q4 25 | — | $18.9M | ||
| Q3 25 | — | $23.5M | ||
| Q2 25 | — | $-19.5M | ||
| Q1 25 | — | $32.8M | ||
| Q4 24 | — | $-38.4M | ||
| Q3 24 | — | $-19.2M | ||
| Q2 24 | — | $5.4M |
| Q1 26 | — | — | ||
| Q4 25 | — | 17.2% | ||
| Q3 25 | — | 22.7% | ||
| Q2 25 | — | -18.8% | ||
| Q1 25 | — | 31.5% | ||
| Q4 24 | — | -33.6% | ||
| Q3 24 | — | -18.3% | ||
| Q2 24 | — | 5.2% |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.6% | ||
| Q3 25 | — | 1.2% | ||
| Q2 25 | — | 1.7% | ||
| Q1 25 | — | 0.9% | ||
| Q4 24 | — | 0.6% | ||
| Q3 24 | — | 0.6% | ||
| Q2 24 | — | 0.8% |
| Q1 26 | — | — | ||
| Q4 25 | — | 27.02× | ||
| Q3 25 | — | 8.94× | ||
| Q2 25 | — | -0.59× | ||
| Q1 25 | — | 10.06× | ||
| Q4 24 | — | -5.66× | ||
| Q3 24 | — | — | ||
| Q2 24 | 3.56× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
PACK
| Other | $47.9M | 51% |
| Europe And Asia Segment | $45.8M | 49% |
RMNI
Segment breakdown not available.
