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Simulations Plus SLP Development — Revenue

Other product segments

Discovery
$2.48M-1.7%
Commercialization
$2.06M+1.8%
Clinical Operations
$277K-33.4%

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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:RevenueFromContractWithCustomerExcludingAssessedTax.

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)Three Months Ended / May 31, 2026Three Months Ended / May 31, 2025Nine Months Ended / May 31, 2026Nine Months Ended / May 31, 2025
Revenues
Software$12,608$12,615$36,126$36,814
Services9,2787,74828,47224,905
Total revenues21,88620,36364,59861,719
Cost of revenues
Software1,5132,5404,5737,765
Services5,2464,79117,86417,577
Total cost of revenues6,7597,33122,43725,342

Item 1. Unaudited Condensed Consolidated Financial Statements

FAQ

What is Simulations Plus's development — revenue?
Simulations Plus (SLP) reported development — revenue of $17.07M in Q1 2026.
How has Simulations Plus's development — revenue changed year-over-year?
Simulations Plus's development — revenue increased by 10.8% year-over-year, from $15.4M to $17.07M.
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.

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