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Simulations Plus SLP Total Software — Revenue

Other segment segments

Total Services
$9.28M+19.7%

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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)For the three months ended / May 31, 2026For the three months ended / % of total*For the three months ended / May 31, 2025For the three months ended / % of total
Development9,81378%9,63177%
Clinical Operations2772%4163%
Commercialization3441
Total Software12,608100%12,615100%
Discovery
Development7,25578%5,76874%
Commercialization2,02322%1,98026%
Total Services9,278100%7,748100%

Item 1. Unaudited Condensed Consolidated Financial Statements

FAQ

What is Simulations Plus's total software — revenue?
Simulations Plus (SLP) reported total software — revenue of $12.61M in Q1 2026.
How has Simulations Plus's total software — revenue changed year-over-year?
Simulations Plus's total software — revenue decreased by 0.1% year-over-year, from $12.62M to $12.61M.
What is the long-term trend for Simulations Plus's total software — revenue?
Over 2 years (2023 to 2025), Simulations Plus's total software — revenue has grown at a 12.0% compound annual growth rate (CAGR), from $36.52M to $45.83M.
What does total software — revenue mean?
This metric represents the total gross revenue generated specifically from the software product segment of the business. It reflects the company's ability to monetize its proprietary software platforms and recurring license agreements within its core industry. Growth in this figure indicates successful market adoption and the scalability of the company's software-driven business model.

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