What is Simulations Plus's development — revenue?

Simulations Plus (SLP) reported development — revenue of $18.86M in Q4 2025.

What does development — revenue mean?

This metric represents the total gross revenue generated from the development segment, which encompasses specialized software solutions and associated consulting services for pharmaceutical research. It serves as a primary indicator of the company's ability to monetize its intellectual property and technical expertise within the drug discovery and development lifecycle. Tracking this revenue stream helps investors assess the scale and growth trajectory of the core business offerings.

Simulations Plus SLP Development — Revenue

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ONDSDevelopment Revenue — Revenue (Gross)

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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 development — revenue?: Simulations Plus (SLP) reported development — revenue of $18.86M in Q4 2025.
What does development — revenue mean?: This metric represents the total gross revenue generated from the development segment, which encompasses specialized software solutions and associated consulting services for pharmaceutical research. It serves as a primary indicator of the company's ability to monetize its intellectual property and technical expertise within the drug discovery and development lifecycle. Tracking this revenue stream helps investors assess the scale and growth trajectory of the core business offerings.