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Simulations Plus SLP Software licenses — 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×
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 software licenses — revenue?
Simulations Plus (SLP) reported software licenses — revenue of $13.86M in Q4 2025.
How has Simulations Plus's software licenses — revenue changed year-over-year?
Simulations Plus's software licenses — revenue increased by 11.7% year-over-year, from $12.41M to $13.86M.
What is the long-term trend for Simulations Plus's software licenses — revenue?
Over 3 years (2022 to 2025), Simulations Plus's software licenses — revenue has grown at a 10.6% compound annual growth rate (CAGR), from $31.59M to $42.79M.
What does software licenses — revenue mean?
This metric represents the total revenue generated specifically from the sale and renewal of software licenses within the company's software segment. It reflects the core demand for the company's proprietary research and simulation software tools used by pharmaceutical and biotechnology clients. Growth in this figure indicates successful market adoption and the recurring value of the company's intellectual property portfolio.