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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$370.52M+32.7%
Enterprise value$335.68M+32.7%
P/E45.7×
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:PropertyPlantAndEquipmentNet.

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
Total current assets75,12551,549
Long-term assets
Capitalized computer software development costs, net of accumulated amortization of $24,187 and $21,86311,20311,117
Property and equipment, net513880
Operating lease right-of-use assets395407
Intellectual property, net of accumulated amortization of $9,822 and $9,0215,3966,197
Other intangible assets, net of accumulated amortization of $5,127 and $4,39911,07411,896
Goodwill43,71743,717

Item 1. Unaudited Condensed Consolidated Financial Statements

FAQ

What is Simulations Plus's PP&E (net)?
Simulations Plus (SLP) reported PP&E (net) of $513K in Q1 2026.
How has Simulations Plus's PP&E (net) changed year-over-year?
Simulations Plus's PP&E (net) decreased by 24.7% year-over-year, from $681K to $513K.
What is the long-term trend for Simulations Plus's PP&E (net)?
Over 4 years (2021 to 2025), Simulations Plus's PP&E (net) has grown at a -16.8% compound annual growth rate (CAGR), from $1.84M to $880K.
What does PP&E (net) mean?
Total property, plant, and equipment minus accumulated depreciation — the net book value of all tangible long-lived assets.

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