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Side-by-side financial comparison of Rimini Street, Inc. (RMNI) and Target Hospitality Corp. (TH). Click either name above to swap in a different company.

Rimini Street, Inc. is the larger business by last-quarter revenue ($105.5M vs $73.5M, roughly 1.4× Target Hospitality Corp.). Rimini Street, Inc. runs the higher net margin — 1.3% vs -20.3%, a 21.6% gap on every dollar of revenue. On growth, Target Hospitality Corp. posted the faster year-over-year revenue change (22.0% vs 1.2%). Over the past eight quarters, Rimini Street, Inc.'s revenue compounded faster (1.1% CAGR vs 0.7%).

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.

Target Hospitality is a company that provides workforce lodging and other temporary, modular housing used for oil, gas and mining operations; large-scale events; and disaster relief. Target Hospitality is based in The Woodlands, Texas, and also has offices in Williston, North Dakota; Denver, Colorado; Calgary, Alberta.

RMNI vs TH — Head-to-Head

Bigger by revenue
RMNI
RMNI
1.4× larger
RMNI
$105.5M
$73.5M
TH
Growing faster (revenue YoY)
TH
TH
+20.8% gap
TH
22.0%
1.2%
RMNI
Higher net margin
RMNI
RMNI
21.6% more per $
RMNI
1.3%
-20.3%
TH
Faster 2-yr revenue CAGR
RMNI
RMNI
Annualised
RMNI
1.1%
0.7%
TH

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
RMNI
RMNI
TH
TH
Revenue
$105.5M
$73.5M
Net Profit
$1.4M
$-14.9M
Gross Margin
59.0%
9.6%
Operating Margin
4.6%
-22.9%
Net Margin
1.3%
-20.3%
Revenue YoY
1.2%
22.0%
Net Profit YoY
-59.4%
-219.1%
EPS (diluted)
$0.01
$-0.14

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.

Revenue
RMNI
RMNI
TH
TH
Q1 26
$105.5M
Q4 25
$109.8M
$73.5M
Q3 25
$103.4M
$91.6M
Q2 25
$104.1M
$54.9M
Q1 25
$104.2M
$54.9M
Q4 24
$114.2M
$60.2M
Q3 24
$104.7M
$65.8M
Q2 24
$103.1M
$67.5M
Net Profit
RMNI
RMNI
TH
TH
Q1 26
$1.4M
Q4 25
$724.0K
$-14.9M
Q3 25
$2.8M
$-795.0K
Q2 25
$30.3M
$-14.9M
Q1 25
$3.4M
$-6.5M
Q4 24
$6.7M
$12.5M
Q3 24
$-43.1M
$20.0M
Q2 24
$-1.1M
$18.4M
Gross Margin
RMNI
RMNI
TH
TH
Q1 26
59.0%
Q4 25
60.4%
9.6%
Q3 25
59.9%
19.6%
Q2 25
60.4%
-0.6%
Q1 25
61.0%
32.7%
Q4 24
63.7%
61.5%
Q3 24
60.7%
68.7%
Q2 24
59.1%
69.4%
Operating Margin
RMNI
RMNI
TH
TH
Q1 26
4.6%
Q4 25
4.5%
-22.9%
Q3 25
4.2%
0.1%
Q2 25
39.6%
-30.8%
Q1 25
9.0%
-2.0%
Q4 24
13.0%
34.5%
Q3 24
-47.4%
42.5%
Q2 24
-0.8%
43.8%
Net Margin
RMNI
RMNI
TH
TH
Q1 26
1.3%
Q4 25
0.7%
-20.3%
Q3 25
2.7%
-0.9%
Q2 25
29.1%
-27.2%
Q1 25
3.2%
-11.8%
Q4 24
5.8%
20.8%
Q3 24
-41.2%
30.4%
Q2 24
-1.1%
27.2%
EPS (diluted)
RMNI
RMNI
TH
TH
Q1 26
$0.01
Q4 25
$0.00
$-0.14
Q3 25
$0.03
$-0.01
Q2 25
$0.32
$-0.15
Q1 25
$0.04
$-0.07
Q4 24
$0.07
$0.12
Q3 24
$-0.47
$0.20
Q2 24
$-0.01
$0.18

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
RMNI
RMNI
TH
TH
Cash + ST InvestmentsLiquidity on hand
$132.2M
$8.3M
Total DebtLower is stronger
$56.4M
$1.7M
Stockholders' EquityBook value
$389.3M
Total Assets
$397.1M
$530.2M
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
RMNI
RMNI
TH
TH
Q1 26
$132.2M
Q4 25
$120.0M
$8.3M
Q3 25
$108.7M
$30.4M
Q2 25
$101.3M
$19.2M
Q1 25
$122.6M
$34.5M
Q4 24
$88.8M
$190.7M
Q3 24
$119.5M
$177.7M
Q2 24
$134.2M
$154.3M
Total Debt
RMNI
RMNI
TH
TH
Q1 26
$56.4M
Q4 25
$1.7M
Q3 25
$2.0M
Q2 25
$26.3M
Q1 25
$42.9M
Q4 24
$1.5M
Q3 24
$994.0K
Q2 24
$1.1M
Stockholders' Equity
RMNI
RMNI
TH
TH
Q1 26
Q4 25
$-27.0M
$389.3M
Q3 25
$-27.3M
$402.4M
Q2 25
$-29.0M
$401.3M
Q1 25
$-63.7M
$415.3M
Q4 24
$-69.4M
$421.1M
Q3 24
$-76.8M
$417.6M
Q2 24
$-36.1M
$397.2M
Total Assets
RMNI
RMNI
TH
TH
Q1 26
$397.1M
Q4 25
$423.1M
$530.2M
Q3 25
$352.9M
$541.2M
Q2 25
$397.5M
$533.7M
Q1 25
$343.0M
$562.5M
Q4 24
$369.1M
$725.8M
Q3 24
$343.8M
$709.8M
Q2 24
$367.4M
$697.0M
Debt / Equity
RMNI
RMNI
TH
TH
Q1 26
Q4 25
0.00×
Q3 25
0.01×
Q2 25
0.07×
Q1 25
0.10×
Q4 24
0.00×
Q3 24
0.00×
Q2 24
0.00×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
RMNI
RMNI
TH
TH
Operating Cash FlowLast quarter
$5.7M
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.

Operating Cash Flow
RMNI
RMNI
TH
TH
Q1 26
Q4 25
$19.6M
$5.7M
Q3 25
$24.7M
$53.4M
Q2 25
$-17.8M
$11.1M
Q1 25
$33.7M
$3.9M
Q4 24
$-37.7M
$30.6M
Q3 24
$-18.5M
$31.4M
Q2 24
$6.3M
$39.1M
Free Cash Flow
RMNI
RMNI
TH
TH
Q1 26
Q4 25
$18.9M
Q3 25
$23.5M
Q2 25
$-19.5M
Q1 25
$32.8M
$-11.6M
Q4 24
$-38.4M
Q3 24
$-19.2M
Q2 24
$5.4M
FCF Margin
RMNI
RMNI
TH
TH
Q1 26
Q4 25
17.2%
Q3 25
22.7%
Q2 25
-18.8%
Q1 25
31.5%
-21.1%
Q4 24
-33.6%
Q3 24
-18.3%
Q2 24
5.2%
Capex Intensity
RMNI
RMNI
TH
TH
Q1 26
Q4 25
0.6%
Q3 25
1.2%
Q2 25
1.7%
Q1 25
0.9%
28.2%
Q4 24
0.6%
Q3 24
0.6%
Q2 24
0.8%
Cash Conversion
RMNI
RMNI
TH
TH
Q1 26
Q4 25
27.02×
Q3 25
8.94×
Q2 25
-0.59×
Q1 25
10.06×
Q4 24
-5.66×
2.44×
Q3 24
1.57×
Q2 24
2.13×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

RMNI
RMNI

Segment breakdown not available.

TH
TH

Services$40.9M56%
Hospitality And Facilities Services South$32.6M44%

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