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Simulations Plus SLP Medical Communications — Revenue

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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-K, filed December 1, 2025.

Filed
Dec 1, 2025
Fiscal year
FY2025
Accession
0001023459-25-000060
(in thousands, except per common share amounts)Years ended August 31, 2025Years ended August 31, 2024Years ended August 31, 2023
Revenues
Software$45,828$41,024$36,517
Services33,35128,98923,060
Total revenues79,17970,01359,577
Cost of revenues
Software9,6526,4783,627
Services23,30620,3848,003
Total cost of revenues32,95826,86211,630

Item 15. – EXHIBITS, FINANCIAL STATEMENT SCHEDULES

FAQ

What is Simulations Plus's medical communications — revenue?
Simulations Plus (SLP) reported medical communications — revenue of $2.03M in Q2 2025.
How has Simulations Plus's medical communications — revenue changed year-over-year?
Simulations Plus's medical communications — revenue increased by 622.1% year-over-year, from $281K to $2.03M.
What does medical communications — revenue mean?
This metric represents the total gross revenue generated from specialized medical communications services provided to pharmaceutical and biotechnology clients. It reflects the company's ability to monetize scientific content dissemination and strategic communication support within its service portfolio. Growth in this segment indicates successful expansion into non-software service offerings and deeper integration into the drug development lifecycle.

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