What is Simulations Plus's clinical operations — revenue?

Simulations Plus (SLP) reported clinical operations — revenue of $415K in Q4 2025.

What does clinical operations — revenue mean?

This metric represents the total gross revenue generated from clinical operations, consulting, and contract research services provided to the pharmaceutical and biotechnology industries. It tracks the financial performance of the service-based segment, reflecting the company's ability to monetize its expertise in drug development and clinical trial support. Monitoring this revenue stream helps investors assess the scale and growth trajectory of the company's service-oriented business model.

Simulations Plus SLP Clinical Operations — Revenue

Similar metrics at other companies

SRT

SRTAClinical — Revenue

$19.79M—

MMSClinical Services — Revenue

$530.81M+5.3%

FTREClinical Services Segment — Revenue

$636.5M-2.3%

SRT

SRTAOther Clinical — Revenue

$9.95M—

TOIClinical trials & other — Total operating revenue

$813K-60.2%

BLLNClinical trial support and other services — Revenue

$1.14M+61.0%

Other financials

Income statement

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Revenue$24.3M+8.3%

Gross profit$16.1M+23.0%

Operating income$5.6M+108%

Net income$4.5M+47.5%

EPS (diluted)$0.22+46.7%

Balance sheet

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Cash & equivalents$25.7M+134%

Total debt$508.0K-36.2%

Total equity$133.8M-29.4%

Total assets$146.5M-27.3%

Cash flow

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Operating cash flow$6.4M+13.1%

CapEx$46.0K-30.3%

Free cash flow$6.4M+13.6%

Valuation

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Market cap$366.73M+5.2%

Enterprise value$341.51M+6.0%

P/S4.6×+0.2×

Profitability

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Gross margin62%+6.7pp

Operating margin-84.3%—

Net margin-78%-87.2pp

FCF margin29.5%+14.9pp

Returns & leverage

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Return on equity-38.8%-42.8pp

Debt / equity0×0.0×

Current ratio5.5×+1.1×

Where this comes from

Reported directly by Simulations Plus in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The official record: Simulations Plus’s 10-Q, filed April 10, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Simulations Plus's clinical operations — revenue?: Simulations Plus (SLP) reported clinical operations — revenue of $415K in Q4 2025.
What does clinical operations — revenue mean?: This metric represents the total gross revenue generated from clinical operations, consulting, and contract research services provided to the pharmaceutical and biotechnology industries. It tracks the financial performance of the service-based segment, reflecting the company's ability to monetize its expertise in drug development and clinical trial support. Monitoring this revenue stream helps investors assess the scale and growth trajectory of the company's service-oriented business model.