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Simulations Plus SLP Accrued Expenses

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Other financials

Income statement

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Revenue$21.9M+7.5%
Gross profit$15.1M+16.1%
Operating income$4.5M+106%
Net income$3.6M+105%
EPS (diluted)$0.18+105%

Balance sheet

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Cash & equivalents$35.3M+31.1%
Total debt$487.0K-32.3%
Total equity$139.0M+12.3%
Total assets$153.0M+13.9%

Cash flow

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Operating cash flow$8.7M+6.9%
CapEx$93.0K-68.7%
Free cash flow$8.6M+9.8%

Valuation

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Market cap$371.13M+32.9%
Enterprise value$336.29M+33.0%
P/E45.8×
P/S4.5×+1.0×

Profitability

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Gross margin63.4%+9.6pp
Operating margin13.2%
Net margin9.9%+5.2pp
FCF margin29.9%+12.8pp

Returns & leverage

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Return on equity6.2%+3.3pp
Debt / equity0.0×
Current ratio5.5×+0.4×

Where this comes from

Reported directly by Simulations Plus in its filing.

Tagged under the XBRL concept us-gaap:EmployeeRelatedLiabilitiesCurrent.

The source filing: Simulations Plus’s 10-Q, filed July 9, 2026.

Filed
Jul 9, 2026, 4:10 PM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q2 2026
Accession
0001023459-26-000038
(in thousands, except per common share and common share data)May 31, 2026August 31, 2025
LIABILITIES AND SHAREHOLDERS' EQUITY
Current liabilities
Accounts payable$2,234$470
Accrued compensation4,8882,010
Accrued expenses1,0541,343
Operating lease liability - current portion112206
Deferred revenue5,2782,696
Total current liabilities13,5666,725

Item 1. Unaudited Condensed Consolidated Financial Statements

FAQ

What is Simulations Plus's accrued expenses?
Simulations Plus (SLP) reported accrued expenses of $4.89M in Q1 2026.
How has Simulations Plus's accrued expenses changed year-over-year?
Simulations Plus's accrued expenses increased by 195.2% year-over-year, from $1.66M to $4.89M.
What is the long-term trend for Simulations Plus's accrued expenses?
Over 4 years (2021 to 2025), Simulations Plus's accrued expenses has grown at a -10.9% compound annual growth rate (CAGR), from $3.19M to $2.01M.
What does accrued expenses mean?
Expenses incurred but not yet paid or invoiced — interest accruals, tax accruals, warranty reserves, and other timing differences.

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