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Simulations Plus SLP Services — Gross Margin

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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×
Current ratio5.5×+1.1×

Where this comes from

Reported directly by Simulations Plus in its filing.

Tagged under the XBRL concept simu:GrossMarginPercentage.

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 services — gross margin?
Simulations Plus (SLP) reported services — gross margin of 33% in Q4 2025.
How has Simulations Plus's services — gross margin changed year-over-year?
Simulations Plus's services — gross margin increased by 32.0% year-over-year, from 25% to 33%.
What does services — gross margin mean?
This metric expresses the gross profit of the services segment as a percentage of its total revenue. It provides a standardized view of the profitability of service delivery, allowing for comparison of cost efficiency across different periods or business units. Higher margins indicate better pricing power or more efficient management of labor and direct service costs.