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Simulations Plus, Inc.

NASDAQ•SLP
CEO: Mr. Shawn M. O'Connor
Sector: Healthcare
Industry: Medical - Healthcare Information Services
Listing Date: 1997-06-18
Simulations Plus, Inc. develops drug discovery and development software for modeling and simulation, and prediction of molecular properties utilizing artificial intelligence and machine learning based technology worldwide. The company operates through Software and Services segments. It also offers GastroPlus, which simulates the absorption and drug interaction of compounds administered to humans and animals; and DDDPlus and MembranePlus simulation products. In addition, the company provides products based on mechanistic and mathematical models, such as DILIsym, NAFLDsym, ILDsym, IPFsym, RENAsym, MITOsym, and OBESITYsym products. Further, it offers Absorption, Distribution, Metabolism, Excretion, and Toxicity Predictor for chemistry-based computer program that takes molecular structures as inputs and predicts their properties; and MedChem Designer, as well as MonolixSuite products for modeling and simulation that allows for population analyses, rapid clinical trial data analyses, and regulatory submissions. Additionally, the company provides clinical-pharmacology-based consulting services, which includes population pharmacokinetic and pharmacodynamic modeling, exposure-response analyses, clinical trial simulations, data programming, and technical writing services in support of regulatory submissions; and early drug discovery services. Furthermore, it offers creative and insightful consulting services to support its quantitative systems pharmacology and other modeling systems. The company serves pharmaceutical, biotechnology, agrochemical, cosmetics, and food industry companies, as well as academic and regulatory agencies. Simulations Plus, Inc. was incorporated in 1996 and is headquartered in Lancaster, California.
Contact Information
42505 Tenth Street West, Lancaster, CA, 93534-7059, United States
661-723-7723
www.simulations-plus.com
Market Cap
$247.00M
P/E (TTM)
-3.8
40.8
Dividend Yield
--
52W High
$36.45
52W Low
$11.16
52W Range
4%
Rank30Top 19.5%
5.1
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Average • 5.1 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025

Financial Dashboard

Q1 2026 Data

Revenue

$18.42M-2.66%
4-Quarter Trend

EPS

$0.03+226.21%
4-Quarter Trend

FCF

$4.23M-411.32%
4-Quarter Trend

2026 Q1 Earnings Highlights

Key Highlights

Net Income Surges 228% Net Income $676K, surging 228% from $206K for the quarter. Strong profitability driven by effective cost management.
Operating Cash Flow Rebounds Operating cash flow $4.2M provided, reversing prior period's $1.3M usage. Significant working capital improvement noted.
Services Revenue Grows 16% Services revenue reached $9.54M, growing 16% compared to prior period. Strong growth offsetting software segment weakness.
Gross Margin Expansion Noted Gross margin expanded to 59% from 54% for the quarter. Lower software amortization improved overall profitability metrics.

Risk Factors

Software Revenue Declines Software revenue declined 17% to $8.88M. Clinical Operations and Development solution revenue decreased substantially this period.
R&D Spending Increases 61% Research and development costs increased 61% to $2.98M. Reflects higher investment in product and platform development activities.
Current Liabilities Increased Total current liabilities rose to $10.34M from $6.73M. Driven by deferred revenue growth and accounts payable increases.
Customer Revenue Concentration Revenue concentration risk exists; top three customers accounted for 11% of total revenues this reporting period.

Outlook

Future Innovation Investment R&D spend as percentage of revenue increased to 16% for future innovation and platform expansion efforts.
Strong Liquidity Position Expect existing cash and operations to fund activities for next 12 months. Seeking strategic acquisitions and partnerships.
Performance Obligations Backlog Remaining performance obligations total $15.2M as of November 30, 2025. 97% expected recognized within twelve months.
Share Repurchase Availability $30M remains available for future share repurchases under authorized program. No repurchases executed this quarter.

Peer Comparison

Revenue (TTM)

AGL stock ticker logoAGL
$5.93B
-2.1%
TBRG stock ticker logoTBRG
$349.88M
+3.1%
DH stock ticker logoDH
$241.52M
-4.2%

Gross Margin (Latest Quarter)

SPOK stock ticker logoSPOK
117.1%
+19.3pp
KRRO stock ticker logoKRRO
100.0%
+0.0pp
ACIU stock ticker logoACIU
100.0%
+0.0pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
CAPR$1.53B-18.6-71.0%11.5%
VNDA$565.07M-2.6-49.2%2.6%
CLLS$383.17M-11.4-31.8%27.0%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
-6.4%
Growth Under Pressure
4Q Net Income CAGR
-39.6%
Declining Profitability
Cash Flow Stability
100%
Strong Cash Flow

Deep Research

Next earnings:Apr 1, 2026
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