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Simulations Plus SLP Medical Communications — Revenue

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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-K, filed December 1, 2025, on SEC EDGAR. View the filing →

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Questions, answered.

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.