How will Rimini Street's wind-down of PeopleSoft support by Q3 2025 affect Oracle's legacy software revenue going forward?

Rimini Street's wind-down of PeopleSoft support, which is scheduled to be completed by July 31, 2028, is unlikely to have a substantial impact on Oracle's overall legacy software revenue.1

Rimini Street announced its decision to cease offering support for Oracle PeopleSoft software in July 2024.1 At that time, the annual revenue generated by Rimini Street from PeopleSoft support services was approximately $30 million, representing about 6% of Rimini Street's total revenue for the three and six months ended June 30, 2025.1

In contrast, Oracle's software support revenues for the three months ended November 30, 2025, were $4.938 billion, and $9.893 billion for the six months ended November 30, 2025.2 These figures represent a 1% increase in software support revenue year-over-year for both periods.2

Given the significant disparity in scale between the $30 million in PeopleSoft support revenue being shed by Rimini Street and Oracle's multi-billion dollar software support business, any direct revenue transfer back to Oracle from this wind-down would likely be a very small fraction of Oracle's total. While some former Rimini Street PeopleSoft clients might return to Oracle for support, others may opt for alternative third-party providers or accelerate their migration to newer cloud-based solutions, thereby mitigating a direct and significant revenue boost for Oracle's legacy offerings.