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Simulations Plus (SLP) Financials

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$18.23 +0.02 (+0.12%)
As of 01:21 PM Eastern
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Annual Income Statements for Simulations Plus

Annual Income Statements for Simulations Plus

This table shows Simulations Plus' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 8/31/2015 8/31/2016 8/31/2017 8/31/2018 8/31/2019 8/31/2020 8/31/2021 8/31/2022 8/31/2023 8/31/2024 8/31/2025
Net Income / (Loss) Attributable to Common Shareholders		 3.84 4.95 5.79 8.93 8.58 9.33 9.78 12 9.96 9.95 -65
Consolidated Net Income / (Loss)		 3.84 4.95 5.79 8.93 8.58 9.33 9.78 12 9.96 9.95 -65
Net Income / (Loss) Continuing Operations		 3.84 4.95 5.79 8.93 8.58 9.33 9.78 12 9.96 9.95 -65
Total Pre-Tax Income 		5.69 7.24 8.24 10 11 11 11 15 12 12 -69
Total Operating Income		 5.86 7.23 8.26 10 11 12 11 15 8.73 6.13 -71
Total Gross Profit		 14 15 18 22 25 31 36 43 48 43 46
Total Revenue		 18 20 24 30 34 42 46 54 60 70 79
Operating Revenue		 18 20 24 30 34 42 46 54 60 70 79
Total Cost of Revenue		 4.39 4.60 6.31 7.99 9.03 11 11 11 12 27 33
Operating Cost of Revenue		 4.39 4.60 6.31 7.99 9.03 11 11 11 12 27 33
Total Operating Expenses		 8.07 8.14 9.57 11 14 19 25 28 39 37 117
Selling, General & Admin Expense		 6.74 6.69 8.20 9.58 12 16 21 20 28 22 21
Marketing Expense		 - - - - - - - 4.88 6.56 8.92 12
Research & Development Expense		 1.33 1.45 1.37 1.79 2.50 2.98 4.05 3.21 4.50 5.75 6.88
Impairment Charge		 - - - - - - - - 0.50 0.00 77
Total Other Income / (Expense), net		 -0.16 0.00 -0.02 -0.16 -0.09 -0.22 -0.17 0.20 2.97 6.28 1.35
Other Income / (Expense), net		 -0.18 -0.01 -0.00 -0.19 -0.13 -0.22 -0.17 0.20 2.97 6.28 1.35
Income Tax Expense		 1.85 2.29 2.45 1.20 1.97 2.06 1.30 2.63 1.73 2.46 -4.66
Basic Earnings per Share		 $0.23 $0.29 $0.34 $0.52 - $0.52 $0.49 $0.62 $0.50 $0.50 ($3.22)
Weighted Average Basic Shares Outstanding		 16.86M 17.03M 17.24M 17.33M 17.49M 17.82M 20.05M 20.20M 20.08M 19.99M 20.10M
Diluted Earnings per Share		 $0.23 $0.29 $0.33 $0.50 - $0.50 $0.47 $0.60 $0.49 $0.49 ($3.22)
Weighted Average Diluted Shares Outstanding		 17.03M 17.21M 17.52M 17.86M 18.06M 18.54M 20.74M 20.75M 20.47M 20.30M 20.10M
Weighted Average Basic & Diluted Shares Outstanding		 16.70M 17.10M 17M 17.20M 17.62M 19.93M 20.15M 20.30M 19.94M 20.07M 20.14M
Cash Dividends to Common per Share		 - - - - $0.24 $0.24 $0.24 $0.24 $0.24 $0.24 $0.24

Quarterly Income Statements for Simulations Plus

This table shows Simulations Plus' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026
Period end date 11/30/2023 2/29/2024 5/31/2024 8/31/2024 11/30/2024 2/28/2025 5/31/2025 8/31/2025 11/30/2025 2/28/2026 5/31/2026
Net Income / (Loss) Attributable to Common Shareholders		 1.95 4.03 3.14 0.84 0.21 3.07 -67 -0.68 0.68 4.54 3.58
Consolidated Net Income / (Loss)		 1.95 4.03 3.14 0.84 0.21 3.07 -67 -0.68 0.68 4.54 3.58
Net Income / (Loss) Continuing Operations		 1.95 4.03 3.14 0.84 0.21 3.07 -67 -0.68 0.68 4.54 3.58
Total Pre-Tax Income 		2.41 5.25 3.89 0.86 0.27 3.51 -74 0.89 0.97 5.89 4.81
Total Operating Income		 0.96 4.44 1.88 -1.15 0.13 2.71 -74 0.66 0.71 5.63 4.50
Total Gross Profit		 9.85 13 13 6.83 10 13 13 9.84 11 16 15
Total Revenue		 15 18 19 19 19 22 20 17 18 24 22
Operating Revenue		 15 18 19 19 19 22 20 17 18 24 22
Total Cost of Revenue		 4.65 5.08 5.29 12 8.71 9.31 7.33 7.62 7.53 8.15 6.76
Operating Cost of Revenue		 4.65 5.08 5.29 12 8.71 9.31 7.33 7.62 7.53 8.15 6.76
Total Operating Expenses		 8.89 8.78 11 7.98 10 10 87 9.19 10 11 11
Selling, General & Admin Expense		 5.68 5.52 7.68 3.47 5.39 4.56 6.14 4.85 4.02 4.11 4.68
Marketing Expense		 1.99 1.95 2.40 2.58 2.85 3.72 2.68 2.66 3.18 2.93 2.54
Research & Development Expense		 1.22 1.31 1.30 1.93 1.85 2.14 1.22 1.68 2.98 3.47 3.41
Impairment Charge		 - - 0.00 - - - 77 - - - 0.00
Total Other Income / (Expense), net		 1.45 0.81 2.01 2.01 0.14 0.80 0.18 0.23 0.26 0.26 0.31
Other Income / (Expense), net		 1.45 0.81 2.01 2.01 0.14 0.80 0.18 0.23 0.26 0.26 0.31
Income Tax Expense		 0.46 1.22 0.75 0.02 0.06 0.43 -6.73 1.57 0.29 1.35 1.23
Basic Earnings per Share		 $0.10 $0.20 $0.16 $0.04 $0.01 $0.15 ($3.35) ($0.03) $0.03 $0.22 $0.18
Weighted Average Basic Shares Outstanding		 19.95M 19.98M 20.00M 19.99M 20.07M 20.10M 20.11M 20.10M 20.14M 20.16M 20.21M
Diluted Earnings per Share		 $0.10 $0.20 $0.15 $0.04 $0.01 $0.15 ($3.35) ($0.03) $0.03 $0.22 $0.18
Weighted Average Diluted Shares Outstanding		 20.28M 20.32M 20.43M 20.30M 20.27M 20.28M 20.11M 20.10M 20.22M 20.24M 20.24M
Weighted Average Basic & Diluted Shares Outstanding		 19.97M 19.98M 20.01M 20.07M 20.09M 20.11M 20.13M 20.14M 20.15M 20.21M 20.22M

Annual Cash Flow Statements for Simulations Plus

This table details how cash moves in and out of Simulations Plus' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 8/31/2015 8/31/2016 8/31/2017 8/31/2018 8/31/2019 8/31/2020 8/31/2021 8/31/2022 8/31/2023 8/31/2024 8/31/2025
Net Change in Cash & Equivalents		 -0.06 -0.52 -1.81 3.18 2.03 38 -12 15 5.96 -47 21
Net Cash From Operating Activities		 7.14 5.42 6.88 9.29 12 11 19 18 22 13 18
Net Cash From Continuing Operating Activities		 7.14 5.42 6.88 9.29 12 11 19 18 22 13 18
Net Income / (Loss) Continuing Operations		 3.84 4.95 5.79 8.93 8.58 9.33 9.78 12 9.96 9.95 -65
Consolidated Net Income / (Loss)		 3.84 4.95 5.79 8.93 8.58 9.33 9.78 12 9.96 9.95 -65
Depreciation Expense		 0.21 1.93 2.14 2.72 2.75 2.96 3.59 3.57 3.84 5.67 8.21
Amortization Expense		 1.78 - - - 0.00 0.00 2.35 1.68 -1.13 -1.12 -0.06
Non-Cash Adjustments To Reconcile Net Income		 0.30 0.35 0.62 0.71 0.24 1.58 2.65 2.77 5.50 6.43 83
Changes in Operating Assets and Liabilities, net		 1.01 -1.81 -1.67 -3.08 0.06 -2.96 0.83 -2.61 3.69 -7.62 -8.65
Net Cash From Investing Activities		 -3.13 -1.95 -4.36 -2.33 -1.96 -76 -27 4.31 7.37 -54 3.56
Net Cash From Continuing Investing Activities		 -3.13 -1.95 -4.36 -2.33 -1.96 -76 -27 4.31 7.37 -54 3.56
Purchase of Property, Plant & Equipment		 -1.24 -1.23 -1.56 -2.33 -1.91 -2.58 -4.58 -3.97 -3.67 -3.76 -3.34
Acquisitions		 -2.08 -0.72 0.00 0.00 -0.05 - 0.00 0.00 -8.22 -99 -0.23
Purchase of Investments		 - - -4.52 0.00 0.00 -77 -122 -101 -96 -68 -6.88
Sale and/or Maturity of Investments		 - - - - 0.00 0.00 100 109 115 116 15
Other Investing Activities, net		 - - - - - - - - 0.00 0.00 -1.00
Net Cash From Financing Activities		 -4.07 -3.98 -4.34 -3.77 -7.65 102 -4.68 -7.62 -23 -6.57 -1.15
Net Cash From Continuing Financing Activities		 -4.07 -3.98 -4.34 -3.77 -7.65 102 -4.68 -7.62 -23 -6.57 -1.15
Repurchase of Common Equity		 - - - - - - 0.00 0.00 -20 0.00 0.00
Payment of Dividends		 -3.38 -3.41 -3.45 -4.16 -4.20 -4.25 -4.81 -4.85 -4.81 -4.80 0.00
Other Financing Activities, net		 -0.69 -0.57 -0.89 0.39 -3.45 -1.13 0.13 -2.78 1.54 -1.77 -1.15
Cash Income Taxes Paid		 0.96 2.91 2.69 2.71 2.67 2.35 1.86 3.23 3.20 5.69 1.16

Quarterly Cash Flow Statements for Simulations Plus

This table details how cash moves in and out of Simulations Plus' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026
Period end date 11/30/2023 2/29/2024 5/31/2024 8/31/2024 11/30/2024 2/28/2025 5/31/2025 8/31/2025 11/30/2025 2/28/2026 5/31/2026
Net Change in Cash & Equivalents		 -18 -2.76 72 -99 -4.12 4.81 16 3.90 -0.66 -4.46 9.60
Net Cash From Operating Activities		 0.16 5.81 5.68 1.66 -1.27 5.67 8.14 5.59 4.23 6.41 8.71
Net Cash From Continuing Operating Activities		 0.16 5.81 5.68 1.66 -1.27 5.67 8.14 5.59 4.23 6.41 8.71
Net Income / (Loss) Continuing Operations		 1.95 4.03 3.14 0.84 0.21 3.07 -67 -0.68 0.68 4.54 3.58
Consolidated Net Income / (Loss)		 1.95 4.03 3.14 0.84 0.21 3.07 -67 -0.68 0.68 4.54 3.58
Depreciation Expense		 1.09 1.11 1.26 2.21 2.27 2.27 2.32 1.35 1.35 1.55 1.37
Amortization Expense		 -0.40 -0.40 -0.29 -0.03 -0.04 -0.02 -0.00 - 0.00 -0.10 0.11
Non-Cash Adjustments To Reconcile Net Income		 1.31 1.77 1.74 1.62 1.69 1.44 79 1.53 1.68 1.63 1.66
Changes in Operating Assets and Liabilities, net		 -3.79 -0.69 -0.17 -2.97 -5.39 -1.10 -5.55 3.39 0.53 -1.21 2.00
Net Cash From Investing Activities		 -17 -7.52 70 -100 -3.14 0.68 7.81 -1.79 -4.90 -11 0.88
Net Cash From Continuing Investing Activities		 -17 -7.52 70 -100 -3.14 0.68 7.81 -1.79 -4.90 -11 0.88
Purchase of Property, Plant & Equipment		 -0.85 -1.30 -0.92 -0.69 -0.73 -0.78 -1.06 -0.78 -0.89 -0.83 -0.76
Purchase of Investments		 -31 -28 -9.19 -0.03 -3.69 -1.66 -1.53 -0.01 -5.51 -11 -12
Sale and/or Maturity of Investments		 15 21 80 -0.00 1.50 3.12 10 - 1.50 - 14
Net Cash From Financing Activities		 -1.03 -1.05 -3.54 -0.95 0.29 -1.55 0.01 0.11 0.00 0.47 0.01
Net Cash From Continuing Financing Activities		 -1.03 -1.05 -3.54 -0.95 0.29 -1.55 0.01 0.11 0.00 0.47 0.01
Other Financing Activities, net		 0.16 0.15 -2.34 0.26 0.29 -1.55 0.01 0.11 0.00 0.47 0.01
Cash Income Taxes Paid		 0.10 3.05 1.07 1.48 0.11 0.50 0.40 0.14 0.14 0.21 0.40

Annual Balance Sheets for Simulations Plus

This table presents Simulations Plus' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 8/31/2015 8/31/2016 8/31/2017 8/31/2018 8/31/2019 8/31/2020 8/31/2021 8/31/2022 8/31/2023 8/31/2024 8/31/2025
Total Assets		 27 28 39 43 45 168 180 188 186 197 132
Total Current Assets		 12 13 13 18 21 129 139 147 130 39 52
Cash & Equivalents		 8.55 8.03 6.22 9.40 11 49 37 52 58 10 31
Short-Term Investments		 - - - - 0.00 67 87 77 58 9.94 1.50
Accounts Receivable		 1.59 3.01 4.05 5.51 5.03 7.42 9.85 14 10 9.14 9.72
Prepaid Expenses		 0.38 0.41 0.46 0.61 0.70 1.60 4.85 3.38 3.90 7.75 7.70
Current Deferred & Refundable Income Taxes		 0.21 0.56 0.46 0.31 0.77 0.97 1.01 1.39 0.80 2.20 1.78
Plant, Property, & Equipment, net		 0.41 0.26 0.29 0.34 0.34 0.44 1.84 0.63 0.67 0.81 0.88
Total Noncurrent Assets		 15 15 26 25 24 39 39 41 55 156 80
Goodwill		 4.79 4.79 10 10 10 13 13 13 19 96 44
Intangible Assets		 11 10 15 15 13 25 25 26 33 59 29
Noncurrent Deferred & Refundable Income Taxes		 - - - - - - - 0.00 1.44 0.00 4.77
Other Noncurrent Operating Assets		 0.03 0.03 0.03 0.04 0.04 0.98 1.33 1.86 1.67 1.57 1.81
Total Liabilities & Shareholders' Equity		 27 28 39 43 45 168 180 188 186 197 132
Total Liabilities		 7.81 5.08 13 11 7.52 12 14 10 16 14 7.14
Total Current Liabilities		 3.61 2.13 2.04 4.83 4.78 5.51 12 7.74 12 12 6.73
Accounts Payable		 0.21 0.11 0.24 0.35 0.20 0.35 0.39 0.23 0.14 0.60 0.47
Accrued Expenses		 - - - - - - 2.42 0.93 0.66 2.04 1.34
Current Deferred Revenue		 0.19 0.41 0.57 0.77 1.18 0.44 0.65 2.86 3.10 2.00 2.70
Current Employee Benefit Liabilities		 0.55 0.60 0.98 1.15 1.64 2.25 3.19 3.25 4.39 4.51 2.01
Other Current Liabilities		 2.62 1.01 0.25 2.56 1.76 2.46 4.93 0.46 3.69 2.92 0.21
Total Noncurrent Liabilities		 4.20 2.96 11 6.53 2.73 6.88 2.62 2.40 4.09 2.14 0.41
Other Noncurrent Operating Liabilities		 1.01 0.00 5.74 3.33 0.00 4.53 0.90 0.94 4.09 0.53 0.41
Total Equity & Noncontrolling Interests		 20 23 26 32 38 156 166 178 170 182 125
Total Preferred & Common Equity		 20 23 26 32 38 156 166 178 170 182 125
Preferred Stock		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity		 20 23 26 32 38 156 166 178 170 182 125
Common Stock		 9.72 11 12 13 15 129 133 139 145 152 159
Retained Earnings		 9.81 11 14 18 22 27 32 40 25 30 -34
Accumulated Other Comprehensive Income / (Loss)		 - - - - 0.00 0.06 -0.04 -0.31 -0.14 -0.25 -0.27
Other Equity Adjustments		 - - - - - - - 0.00 0.00 0.00 0.00

Quarterly Balance Sheets for Simulations Plus

This table presents Simulations Plus' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q2 2023 Q3 2023 Q1 2024 Q2 2024 Q3 2024 Q1 2025 Q2 2025 Q3 2025 Q1 2026 Q2 2026 Q3 2026
Period end date 2/28/2023 5/31/2023 11/30/2023 2/29/2024 5/31/2024 11/30/2024 2/28/2025 5/31/2025 11/30/2025 2/28/2026 5/31/2026
Total Assets		 173 179 186 194 193 197 201 134 138 146 153
Total Current Assets		 131 137 130 128 136 40 47 52 58 68 75
Cash & Equivalents		 39 55 40 37 109 6.19 11 27 30 26 35
Short-Term Investments		 76 67 74 71 9.88 12 10 1.50 5.50 16 15
Accounts Receivable		 11 10 10 13 10 13 16 15 12 18 17
Prepaid Expenses		 4.34 4.73 5.41 4.98 5.30 7.10 7.46 7.59 8.55 6.89 7.67
Current Deferred & Refundable Income Taxes		 0.40 0.00 0.04 1.36 1.20 2.33 1.38 0.95 1.75 0.67 0.26
Plant, Property, & Equipment, net		 0.82 0.70 0.49 0.84 0.88 0.82 0.80 0.68 0.79 0.75 0.51
Total Noncurrent Assets		 41 41 56 65 56 156 154 82 79 78 77
Goodwill		 13 13 19 19 19 96 96 43 44 44 44
Intangible Assets		 26 27 33 33 33 58 56 30 29 28 28
Noncurrent Deferred & Refundable Income Taxes		 - - 1.83 2.32 2.80 - - 7.43 4.61 4.59 4.17
Other Noncurrent Operating Assets		 1.74 1.50 1.55 1.59 1.47 1.83 1.28 0.86 1.77 1.72 1.78
Total Liabilities & Shareholders' Equity		 173 179 186 194 193 197 201 134 138 146 153
Total Liabilities		 8.61 9.74 13 17 12 12 12 11 11 13 14
Total Current Liabilities		 6.00 9.02 8.59 15 11 9.74 11 10 10 12 14
Accounts Payable		 0.35 0.36 0.32 0.36 0.66 1.12 1.21 1.66 0.86 0.80 2.23
Accrued Expenses		 0.54 0.55 0.73 2.99 0.89 0.58 1.40 2.20 0.92 1.47 1.05
Current Deferred Revenue		 2.05 3.17 2.66 2.46 1.44 3.23 3.35 4.34 5.72 5.53 5.28
Current Employee Benefit Liabilities		 2.64 3.82 2.17 3.18 4.11 1.88 4.43 1.66 2.66 4.40 4.89
Other Current Liabilities		 0.43 0.33 2.71 5.54 4.22 2.93 0.31 0.27 0.18 0.14 0.11
Total Noncurrent Liabilities		 2.61 0.72 4.85 2.41 0.51 2.48 1.18 0.45 0.38 0.37 0.38
Other Noncurrent Operating Liabilities		 0.75 0.61 4.85 2.41 0.51 0.84 0.48 0.45 0.38 0.37 0.38
Total Equity & Noncontrolling Interests		 165 169 172 177 181 185 190 124 127 134 139
Total Preferred & Common Equity		 165 169 172 177 181 185 190 124 127 134 139
Preferred Stock		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity		 165 169 172 177 181 185 190 124 127 134 139
Common Stock		 138 144 147 148 150 154 156 158 161 163 165
Retained Earnings		 27 26 26 29 31 31 34 -34 -34 -29 -26
Accumulated Other Comprehensive Income / (Loss)		 -0.28 -0.13 -0.20 -0.21 -0.31 -0.29 -0.32 -0.27 -0.28 -0.27 -0.27
Other Equity Adjustments		 - - 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Annual Metrics And Ratios for Simulations Plus

This table displays calculated financial ratios and metrics derived from Simulations Plus' official financial filings.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 8/31/2015 8/31/2016 8/31/2017 8/31/2018 8/31/2019 8/31/2020 8/31/2021 8/31/2022 8/31/2023 8/31/2024 8/31/2025
DEI Shares Outstanding		 16,892,117.00 17,051,964.00 17,245,346.00 17,365,084.00 17,531,487.00 17,820,057.00 20,132,906.00 - - - 20,127,110.00
DEI Adjusted Shares Outstanding		 16,892,117.00 17,051,964.00 17,245,346.00 17,365,084.00 17,531,487.00 17,820,057.00 20,132,906.00 - - - 20,127,110.00
DEI Earnings Per Adjusted Shares Outstanding		 0.23 0.29 0.34 0.51 0.49 0.52 0.49 - - - -3.22
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 59.80% 9.05% 20.86% 22.90% 14.51% 22.43% 11.73% 16.01% 10.52% 17.52% 13.09%
EBITDA Growth		 38.87% 19.39% 13.63% 23.42% 3.42% 8.11% 18.65% 19.63% -29.29% 17.77% -461.03%
EBIT Growth		 26.62% 27.20% 14.47% 22.38% 4.06% 8.22% -2.65% 36.36% -22.63% 6.12% -659.00%
NOPAT Growth		 32.85% 25.13% 17.33% 56.34% -4.60% 9.85% 4.41% 24.01% -39.65% -33.83% -1,106.87%
Net Income Growth		 27.02% 28.81% 16.92% 54.38% -3.94% 8.73% 4.82% 27.61% -20.20% -0.07% -750.17%
EPS Growth		 27.78% 26.09% 13.79% 51.52% 0.00% 0.00% -6.00% 27.66% -18.33% 0.00% -757.14%
Operating Cash Flow Growth		 34.49% -24.11% 27.01% 35.03% 25.30% -6.23% 75.98% -6.79% 22.10% -39.06% 36.08%
Free Cash Flow Firm Growth		 -194.70% 691.78% -25.13% 569.35% -19.67% -186.49% 282.23% -42.39% -35.74% -3,667.76% 119.69%
Invested Capital Growth		 61.00% 33.89% 33.24% 14.97% 16.54% 52.50% 5.38% 18.58% 9.10% 197.21% -43.00%
Revenue Q/Q Growth		 10.32% 1.25% 10.57% 1.44% 4.10% 3.78% 0.65% 3.64% 7.00% 4.53% -1.50%
EBITDA Q/Q Growth		 7.22% 3.63% -6.97% 3.18% 0.92% 2.51% -6.23% 0.82% -7.79% 15.91% -1.32%
EBIT Q/Q Growth		 7.52% 5.01% 5.31% 2.83% 1.41% 1.81% -14.17% 4.54% -6.57% 6.83% 0.04%
NOPAT Q/Q Growth		 9.54% 4.50% 7.59% 2.23% 8.17% 3.21% -17.02% 4.17% -7.71% -15.37% 2.50%
Net Income Q/Q Growth		 7.51% 6.40% 6.66% 2.15% 9.17% 1.40% -19.70% 10.37% -4.11% 3.20% -2.41%
EPS Q/Q Growth		 9.52% 7.41% 3.13% 4.17% 0.00% 0.00% -16.07% 3.45% -2.00% 2.08% -2.22%
Operating Cash Flow Q/Q Growth		 20.66% -8.86% -7.44% 17.60% 5.62% 6.70% 22.02% -1.90% -18.21% -9.49% 27.62%
Free Cash Flow Firm Q/Q Growth		 86.83% -68.55% -65.29% 212.09% -20.80% 2.07% 39.86% 88.67% -82.14% -1,033.86% 124.01%
Invested Capital Q/Q Growth		 -17.98% 3.35% 15.38% -5.71% 2.28% 2.02% -7.58% -9.21% 16.04% 162.03% -3.02%
Profitability Metrics		 - - - - - - - - - - -
Gross Margin		 76.02% 76.96% 73.87% 73.05% 73.43% 74.39% 77.19% 79.92% 80.48% 61.63% 58.38%
EBITDA Margin		 41.85% 45.82% 43.08% 43.26% 39.07% 34.50% 36.64% 37.78% 24.17% 24.22% -77.33%
Operating Margin		 31.98% 36.21% 34.24% 34.71% 31.35% 27.90% 24.22% 27.66% 14.64% 8.76% -89.33%
EBIT Margin		 30.99% 36.14% 34.23% 34.09% 30.97% 27.38% 23.86% 28.04% 19.63% 17.73% -87.62%
Profit (Net Income) Margin		 20.98% 24.79% 23.98% 30.12% 25.27% 22.44% 21.05% 23.16% 16.72% 14.22% -81.74%
Tax Burden Percent		 67.50% 68.41% 70.24% 88.12% 81.31% 81.95% 88.25% 82.59% 85.17% 80.20% 93.28%
Interest Burden Percent		 100.32% 100.25% 99.73% 100.27% 100.32% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Effective Tax Rate		 32.50% 31.59% 29.76% 11.88% 18.69% 18.05% 11.75% 17.41% 14.83% 19.80% 0.00%
Return on Invested Capital (ROIC)		 44.42% 38.52% 33.85% 43.10% 35.51% 28.70% 24.16% 26.72% 14.21% 4.54% -38.89%
ROIC Less NNEP Spread (ROIC-NNEP)		 45.70% 38.49% 34.09% 44.89% 36.22% 28.98% 24.28% 26.58% 12.14% -2.89% 18.93%
Return on Net Nonoperating Assets (RNNOA)		 -22.44% -15.10% -10.01% -12.14% -10.84% -19.07% -18.08% -19.46% -8.49% 1.11% -3.24%
Return on Equity (ROE)		 21.98% 23.42% 23.85% 30.96% 24.66% 9.63% 6.08% 7.26% 5.72% 5.65% -42.13%
Cash Return on Invested Capital (CROIC)		 -2.33% 9.54% 5.35% 29.17% 20.23% -12.88% 18.92% 9.72% 5.50% -94.76% 15.88%
Operating Return on Assets (OROA)		 23.49% 26.17% 24.91% 24.73% 23.79% 10.66% 6.36% 8.21% 6.25% 6.49% -42.23%
Return on Assets (ROA)		 15.90% 17.95% 17.45% 21.85% 19.40% 8.74% 5.62% 6.78% 5.32% 5.20% -39.39%
Return on Common Equity (ROCE)		 21.98% 23.42% 23.85% 30.96% 24.66% 9.63% 6.08% 7.26% 5.72% 5.65% -42.13%
Return on Equity Simple (ROE_SIMPLE)		 19.68% 21.78% 22.43% 27.99% 22.78% 5.98% 5.90% 7.00% 5.86% 5.46% 0.00%
Net Operating Profit after Tax (NOPAT)		 3.95 4.95 5.80 9.07 8.66 9.51 9.93 12 7.43 4.92 -50
NOPAT Margin		 21.59% 24.77% 24.05% 30.59% 25.49% 22.87% 21.37% 22.84% 12.47% 7.02% -62.53%
Net Nonoperating Expense Percent (NNEP)		 -1.29% 0.04% -0.24% -1.79% -0.72% -0.28% -0.12% 0.13% 2.08% 7.42% -57.82%
Return On Investment Capital (ROIC_SIMPLE)		 - - - - - - - - - - -39.67%
Cost of Revenue to Revenue		 23.98% 23.04% 26.13% 26.95% 26.57% 25.61% 22.81% 20.08% 19.52% 38.37% 41.62%
SG&A Expenses to Revenue		 36.78% 33.52% 33.96% 32.31% 34.72% 39.34% 44.26% 37.26% 47.27% 31.92% 26.45%
R&D to Revenue		 7.25% 7.24% 5.67% 6.04% 7.36% 7.15% 8.71% 5.95% 7.56% 8.22% 8.69%
Operating Expenses to Revenue		 44.04% 40.75% 39.63% 38.34% 42.08% 46.49% 52.97% 52.26% 65.83% 52.88% 147.70%
Earnings before Interest and Taxes (EBIT)		 5.67 7.22 8.26 10 11 11 11 15 12 12 -69
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 7.66 9.15 10 13 13 14 17 20 14 17 -61
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 5.33 6.03 9.21 10.93 16.36 6.66 5.29 6.74 5.18 3.98 2.29
Price to Tangible Book Value (P/TBV)		 24.97 17.34 831.99 51.00 43.93 8.80 6.83 8.63 7.46 26.36 5.50
Price to Revenue (P/Rev)		 5.68 6.87 9.84 11.76 18.14 25.00 18.87 22.28 14.79 10.36 3.60
Price to Earnings (P/E)		 27.08 27.71 41.04 39.04 71.81 111.42 89.63 96.21 88.45 72.86 0.00
Dividend Yield		 4.06% 2.49% 1.82% 1.19% 0.68% 0.41% 0.55% 0.40% 0.54% 0.66% 0.00%
Earnings Yield		 3.69% 3.61% 2.44% 2.56% 1.39% 0.90% 1.12% 1.04% 1.13% 1.37% 0.00%
Enterprise Value to Invested Capital (EV/IC)		 8.70 8.78 11.81 15.07 23.05 23.08 17.86 21.45 14.03 4.35 2.74
Enterprise Value to Revenue (EV/Rev)		 5.22 6.47 9.58 11.44 17.81 22.21 16.21 19.90 12.85 10.07 3.19
Enterprise Value to EBITDA (EV/EBITDA)		 12.46 14.11 22.25 26.45 45.58 64.38 44.24 52.67 53.17 41.57 0.00
Enterprise Value to EBIT (EV/EBIT)		 16.83 17.89 28.00 33.56 57.49 81.12 67.95 70.97 65.47 56.81 0.00
Enterprise Value to NOPAT (EV/NOPAT)		 24.16 26.10 39.85 37.40 69.86 97.13 75.85 87.11 103.03 143.38 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)		 13.39 23.85 33.63 36.55 51.98 84.65 39.22 59.93 35.03 52.93 13.95
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 105.36 252.09 55.26 122.60 0.00 96.86 239.47 266.00 0.00 12.51
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to Equity		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Financial Leverage		 -0.49 -0.39 -0.29 -0.27 -0.30 -0.66 -0.74 -0.73 -0.70 -0.39 -0.17
Leverage Ratio		 1.38 1.31 1.37 1.42 1.27 1.10 1.08 1.07 1.08 1.09 1.07
Compound Leverage Factor		 1.39 1.31 1.36 1.42 1.28 1.10 1.08 1.07 1.08 1.09 1.07
Debt to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Short-Term Debt to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital		 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Debt to EBITDA		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Debt to EBITDA		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to EBITDA		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Debt to NOPAT		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Debt to NOPAT		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to NOPAT		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Altman Z-Score		 10.20 18.80 13.38 20.84 51.85 51.94 38.62 72.84 34.37 31.58 22.89
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios		 - - - - - - - - - - -
Current Ratio		 3.19 5.98 6.20 3.69 4.42 23.45 12.04 18.98 10.88 3.26 7.67
Quick Ratio		 2.81 5.19 5.03 3.09 3.44 22.42 11.53 18.36 10.48 2.44 6.26
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 -0.21 1.23 0.92 6.14 4.93 -4.27 7.78 4.48 2.88 -103 20
Operating Cash Flow to CapEx		 575.34% 438.49% 440.97% 398.81% 610.55% 422.29% 419.65% 450.88% 595.21% 354.26% 542.05%
Free Cash Flow to Firm to Interest Expense		 0.00 0.00 24.03 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow to Interest Expense		 0.00 0.00 180.10 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense		 0.00 0.00 139.26 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 0.76 0.72 0.73 0.73 0.77 0.39 0.27 0.29 0.32 0.37 0.48
Accounts Receivable Turnover		 11.09 8.68 6.84 6.20 6.45 6.68 5.38 4.56 4.97 7.24 8.40
Inventory Turnover		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Fixed Asset Turnover		 72.00 59.63 88.17 94.73 100.45 106.76 40.83 43.65 91.45 94.42 93.59
Accounts Payable Turnover		 25.84 28.98 36.15 26.98 32.49 38.37 28.73 35.37 63.04 72.02 61.49
Days Sales Outstanding (DSO)		 32.90 42.06 53.37 58.83 56.63 54.63 67.84 80.03 73.48 50.41 43.45
Days Inventory Outstanding (DIO)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Payable Outstanding (DPO)		 14.12 12.59 10.10 13.53 11.24 9.51 12.71 10.32 5.79 5.07 5.94
Cash Conversion Cycle (CCC)		 18.78 29.47 43.27 45.30 45.40 45.11 55.14 69.71 67.69 45.34 37.52
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 11 15 20 23 26 40 42 50 55 162 92
Invested Capital Turnover		 2.06 1.56 1.41 1.41 1.39 1.26 1.13 1.17 1.14 0.65 0.62
Increase / (Decrease) in Invested Capital		 4.16 3.72 4.89 2.93 3.72 14 2.15 7.84 4.55 108 -70
Enterprise Value (EV)		 96 129 231 339 605 924 753 1,073 766 705 253
Market Capitalization		 104 137 238 349 616 1,040 877 1,201 881 725 285
Book Value per Share		 $1.16 $1.33 $1.50 $1.84 $2.15 $8.76 $8.23 $8.81 $8.53 $9.12 $6.20
Tangible Book Value per Share		 $0.25 $0.46 $0.02 $0.39 $0.80 $6.63 $6.37 $6.88 $5.93 $1.38 $2.58
Total Capital		 20 23 26 32 38 156 166 178 170 182 125
Total Debt		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Long-Term Debt		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Debt		 -8.55 -8.03 -6.22 -9.40 -11 -116 -124 -128 -115 -20 -32
Capital Expenditures (CapEx)		 1.24 1.23 1.56 2.33 1.91 2.58 4.58 3.97 3.67 3.76 3.34
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 -0.63 2.54 4.41 3.60 4.95 7.58 4.14 11 2.92 7.02 12
Debt-free Net Working Capital (DFNWC)		 7.92 11 11 13 16 124 128 139 118 27 45
Net Working Capital (NWC)		 7.92 11 11 13 16 124 128 139 118 27 45
Net Nonoperating Expense (NNE)		 0.11 -0.00 0.02 0.14 0.07 0.18 0.15 -0.17 -2.53 -5.04 15
Net Nonoperating Obligations (NNO)		 -8.55 -8.03 -6.22 -9.40 -11 -116 -124 -128 -115 -20 -32
Total Depreciation and Amortization (D&A)		 1.99 1.93 2.14 2.72 2.75 2.96 5.94 5.25 2.71 4.55 8.15
Debt-free, Cash-free Net Working Capital to Revenue		 -3.45% 12.74% 18.27% 12.12% 14.56% 18.21% 8.90% 20.07% 4.90% 10.02% 15.75%
Debt-free Net Working Capital to Revenue		 43.24% 52.95% 44.02% 43.81% 48.22% 297.16% 274.91% 257.96% 198.71% 38.95% 56.61%
Net Working Capital to Revenue		 43.24% 52.95% 44.02% 43.81% 48.22% 297.16% 274.91% 257.96% 198.71% 38.95% 56.61%
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 $0.23 $0.29 $0.34 $0.52 $0.49 $0.52 $0.00 $0.62 $0.50 $0.50 ($3.22)
Adjusted Weighted Average Basic Shares Outstanding		 16.86M 17.03M 17.24M 17.33M 17.49M 17.82M 20.05M 20.20M 20.08M 19.99M 20.10M
Adjusted Diluted Earnings per Share		 $0.23 $0.29 $0.33 $0.50 $0.48 $0.50 $0.00 $0.60 $0.49 $0.49 ($3.22)
Adjusted Weighted Average Diluted Shares Outstanding		 17.03M 17.21M 17.52M 17.86M 18.06M 18.54M 20.74M 20.75M 20.47M 20.30M 20.10M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 17.00M 17.23M 17.28M 17.42M 17.62M 19.93M 20.15M 20.30M 19.94M 20.07M 20.14M
Normalized Net Operating Profit after Tax (NOPAT)		 3.95 4.95 5.80 9.07 8.66 9.51 9.93 12 7.43 4.92 4.54
Normalized NOPAT Margin		 21.59% 24.77% 24.05% 30.59% 25.49% 22.87% 21.37% 22.84% 12.47% 7.02% 5.74%
Pre Tax Income Margin		 31.08% 36.23% 34.14% 34.18% 31.07% 27.38% 23.86% 28.04% 19.63% 17.73% -87.62%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 0.00 0.00 216.37 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT to Interest Expense		 0.00 0.00 152.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
EBIT Less CapEx to Interest Expense		 0.00 0.00 175.52 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT Less CapEx to Interest Expense		 0.00 0.00 111.16 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 87.84% 68.95% 59.58% 46.58% 48.90% 45.54% 49.18% 38.82% 48.28% 48.18% 0.00%
Augmented Payout Ratio		 87.84% 68.95% 59.58% 46.58% 48.90% 45.54% 49.18% 38.82% 249.06% 48.18% 0.00%

Quarterly Metrics And Ratios for Simulations Plus

This table displays calculated financial ratios and metrics derived from Simulations Plus' official financial filings.

Metric Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026
Period end date 11/30/2023 2/29/2024 5/31/2024 8/31/2024 11/30/2024 2/28/2025 5/31/2025 8/31/2025 11/30/2025 2/28/2026 5/31/2026
DEI Shares Outstanding		 - - - - - - 20,111,045.00 20,127,110.00 20,144,564.00 20,146,585.00 20,205,482.00
DEI Adjusted Shares Outstanding		 - - - - - - 20,111,045.00 20,127,110.00 20,144,564.00 20,146,585.00 20,205,482.00
DEI Earnings Per Adjusted Shares Outstanding		 - - - - - - -3.35 -0.03 0.03 0.23 0.18
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 21.20% 16.22% 14.23% 19.42% 30.51% 22.55% 9.81% -6.45% -2.66% 8.29% 7.48%
EBITDA Growth		 26.56% 4.24% -11.98% 327.89% -19.54% -3.27% -1,574.71% -26.17% -7.21% 27.30% 108.76%
EBIT Growth		 48.70% 3.63% -21.26% 1,150.72% -88.78% -33.21% -2,003.44% 3.01% 259.26% 67.79% 106.49%
NOPAT Growth		 14.87% 2.57% -54.39% 48.85% -87.61% -30.26% -3,527.14% 55.10% 416.88% 82.53% 106.44%
Net Income Growth		 56.22% -3.47% -21.73% 57.87% -89.41% -23.70% -2,245.90% -180.78% 228.16% 47.53% 105.31%
EPS Growth		 66.67% 0.00% -25.00% 33.33% -90.00% -25.00% -2,333.33% -175.00% 200.00% 46.67% 105.37%
Operating Cash Flow Growth		 -96.56% 4.85% -33.50% -45.62% -886.42% -2.43% 43.28% 235.76% 432.34% 13.11% 6.94%
Free Cash Flow Firm Growth		 -139.09% -428.79% -217.27% -1,510.66% -1,088.67% -1,450.72% -539.62% 163.66% 170.01% 175.81% 111.28%
Invested Capital Growth		 20.29% 20.83% 31.62% 197.21% 184.90% 182.58% 54.02% -43.00% -45.10% -45.33% -6.59%
Revenue Q/Q Growth		 -7.22% 26.24% 1.31% 0.65% 1.39% 18.54% -9.22% -14.26% 5.50% 31.87% -9.90%
EBITDA Q/Q Growth		 336.90% 92.01% -18.33% -37.54% -17.84% 130.81% -1,345.10% 103.13% 3.25% 216.67% -14.37%
EBIT Q/Q Growth		 3,386.96% 118.29% -25.93% -77.81% -68.71% 1,199.26% -2,210.72% 101.20% 9.11% 506.80% -18.35%
NOPAT Q/Q Growth		 135.31% 339.09% -55.51% -174.16% 108.55% 2,372.07% -2,286.35% 99.03% 198.43% 772.97% -22.85%
Net Income Q/Q Growth		 264.23% 107.15% -22.14% -73.13% -75.56% 1,392.23% -2,289.88% 98.99% 199.27% 570.86% -21.17%
EPS Q/Q Growth		 233.33% 100.00% -25.00% -73.33% -75.00% 1,400.00% -2,333.33% 99.10% 200.00% 633.33% -18.18%
Operating Cash Flow Q/Q Growth		 -94.71% 3,486.42% -2.17% -70.72% -176.56% 544.98% 43.66% -31.40% -24.22% 51.44% 35.82%
Free Cash Flow Firm Q/Q Growth		 -34.56% 24.56% -94.81% -714.43% 0.70% 1.58% 19.65% 181.06% 9.21% 6.57% -88.05%
Invested Capital Q/Q Growth		 7.12% 1.81% 4.00% 162.03% 2.68% 0.98% -43.31% -3.02% -1.11% 0.56% -3.14%
Profitability Metrics		 - - - - - - - - - - -
Gross Margin		 67.92% 72.23% 71.49% 36.57% 53.99% 58.52% 64.00% 56.38% 59.12% 66.46% 69.12%
EBITDA Margin		 21.39% 32.54% 26.23% 16.28% 13.19% 25.68% -352.26% 12.85% 12.57% 30.19% 28.69%
Operating Margin		 6.62% 24.27% 10.14% -6.17% 0.67% 12.09% -364.51% 3.77% 3.87% 23.18% 20.56%
EBIT Margin		 16.59% 28.69% 20.98% 4.62% 1.43% 15.64% -363.62% 5.09% 5.27% 24.23% 21.96%
Profit (Net Income) Margin		 13.41% 22.01% 16.92% 4.52% 1.09% 13.70% -330.58% -3.90% 3.67% 18.67% 16.33%
Tax Burden Percent		 80.84% 76.71% 80.64% 97.68% 76.30% 87.63% 90.91% -76.60% 69.69% 77.05% 74.39%
Interest Burden Percent		 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Effective Tax Rate		 19.16% 23.29% 19.36% 2.32% 23.70% 12.37% 0.00% 176.60% 30.31% 22.95% 25.61%
Return on Invested Capital (ROIC)		 6.21% 22.14% 10.06% -3.89% 0.34% 7.31% -260.91% -1.80% 1.65% 11.06% 13.61%
ROIC Less NNEP Spread (ROIC-NNEP)		 5.26% 21.60% 8.71% -6.79% 0.17% 6.31% -240.08% -1.13% 0.98% 10.43% 13.03%
Return on Net Nonoperating Assets (RNNOA)		 -3.66% -14.73% -6.00% 2.61% -0.06% -2.39% 116.17% 0.19% -0.17% -2.04% -3.89%
Return on Equity (ROE)		 2.55% 7.41% 4.05% -1.28% 0.27% 4.92% -144.74% -1.60% 1.48% 9.02% 9.72%
Cash Return on Invested Capital (CROIC)		 -4.37% -4.80% -16.63% -94.76% -92.31% -92.78% -107.13% 15.88% 20.16% 22.43% 14.87%
Operating Return on Assets (OROA)		 5.48% 10.11% 7.56% 1.69% 0.56% 6.21% -178.74% 2.45% 2.48% 11.22% 12.54%
Return on Assets (ROA)		 4.43% 7.75% 6.09% 1.65% 0.42% 5.45% -162.50% -1.88% 1.73% 8.64% 9.33%
Return on Common Equity (ROCE)		 2.55% 7.41% 4.05% -1.28% 0.27% 4.92% -144.74% -1.60% 1.48% 9.02% 9.72%
Return on Equity Simple (ROE_SIMPLE)		 6.19% 5.94% 5.33% 0.00% 4.45% 3.83% -51.05% 0.00% 0.00% 0.00% 0.00%
Net Operating Profit after Tax (NOPAT)		 0.78 3.41 1.52 -1.12 0.10 2.38 -52 -0.50 0.50 4.34 3.35
NOPAT Margin		 5.35% 18.62% 8.18% -6.02% 0.51% 10.59% -255.16% -2.89% 2.70% 17.86% 15.29%
Net Nonoperating Expense Percent (NNEP)		 0.95% 0.53% 1.34% 2.90% 0.17% 1.00% -20.84% -0.67% 0.67% 0.62% 0.58%
Return On Investment Capital (ROIC_SIMPLE)		 0.45% 1.92% - - 0.05% 1.25% -41.98% -0.40% 0.39% 3.24% 2.41%
Cost of Revenue to Revenue		 32.08% 27.77% 28.51% 63.43% 46.01% 41.48% 36.00% 43.62% 40.88% 33.54% 30.88%
SG&A Expenses to Revenue		 39.19% 30.14% 41.40% 18.61% 28.50% 20.31% 30.16% 27.79% 21.82% 16.93% 21.40%
R&D to Revenue		 8.39% 7.17% 7.01% 10.31% 9.77% 9.55% 5.97% 9.60% 16.18% 14.29% 15.56%
Operating Expenses to Revenue		 61.30% 47.96% 61.35% 42.73% 53.33% 46.43% 428.51% 52.61% 55.25% 43.28% 48.56%
Earnings before Interest and Taxes (EBIT)		 2.41 5.25 3.89 0.86 0.27 3.51 -74 0.89 0.97 5.89 4.81
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 3.10 5.96 4.86 3.04 2.50 5.76 -72 2.24 2.32 7.33 6.28
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 4.52 4.67 5.32 3.98 3.45 3.07 5.17 2.29 2.69 1.84 2.49
Price to Tangible Book Value (P/TBV)		 6.48 6.62 7.47 26.36 20.68 15.77 12.77 5.50 6.27 3.98 5.11
Price to Revenue (P/Rev)		 12.53 12.78 14.37 10.36 8.56 7.41 7.97 3.60 4.35 3.06 4.21
Price to Earnings (P/E)		 72.99 78.57 99.80 72.86 77.61 80.20 0.00 0.00 0.00 0.00 42.65
Dividend Yield		 0.61% 0.58% 0.50% 0.66% 0.76% 0.83% 0.75% 0.00% 0.00% 0.00% 0.00%
Earnings Yield		 1.37% 1.27% 1.00% 1.37% 1.29% 1.25% 0.00% 0.00% 0.00% 0.00% 2.34%
Enterprise Value to Invested Capital (EV/IC)		 11.37 11.91 13.63 4.35 3.72 3.34 6.42 2.74 3.35 2.23 3.32
Enterprise Value to Revenue (EV/Rev)		 10.69 10.96 12.60 10.07 8.32 7.14 7.61 3.19 3.90 2.54 3.60
Enterprise Value to EBITDA (EV/EBITDA)		 44.13 46.34 57.66 41.57 37.87 34.71 0.00 0.00 0.00 0.00 16.27
Enterprise Value to EBIT (EV/EBIT)		 53.22 55.95 72.62 56.81 60.28 65.75 0.00 0.00 0.00 0.00 23.56
Enterprise Value to NOPAT (EV/NOPAT)		 88.32 92.65 145.20 143.38 146.25 184.77 0.00 0.00 0.00 0.00 39.82
Enterprise Value to Operating Cash Flow (EV/OCF)		 38.37 40.32 57.33 52.93 52.12 47.76 43.09 13.95 12.97 8.39 11.86
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 12.51 11.79 7.01 21.57
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to Equity		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Financial Leverage		 -0.70 -0.68 -0.69 -0.39 -0.37 -0.38 -0.48 -0.17 -0.17 -0.20 -0.30
Leverage Ratio		 1.07 1.07 1.06 1.09 1.07 1.08 1.07 1.07 1.07 1.08 1.09
Compound Leverage Factor		 1.07 1.07 1.06 1.09 1.07 1.08 1.07 1.07 1.07 1.08 1.09
Debt to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Short-Term Debt to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital		 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Debt to EBITDA		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Debt to EBITDA		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to EBITDA		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Debt to NOPAT		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Debt to NOPAT		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to NOPAT		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Altman Z-Score		 36.10 30.61 50.23 31.38 32.09 30.31 35.12 24.65 19.82 12.48 15.77
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios		 - - - - - - - - - - -
Current Ratio		 15.10 8.81 11.98 3.26 4.15 4.37 5.11 7.67 5.62 5.47 5.54
Quick Ratio		 14.47 8.37 11.41 2.44 3.18 3.54 4.27 6.26 4.63 4.86 4.95
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 -9.08 -6.85 -13 -109 -108 -106 -85 69 76 81 9.63
Operating Cash Flow to CapEx		 19.04% 446.58% 619.17% 241.16% -175.72% 731.48% 765.41% 716.28% 476.27% 770.67% 1,144.42%
Free Cash Flow to Firm to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 0.33 0.35 0.36 0.37 0.39 0.40 0.49 0.48 0.47 0.46 0.57
Accounts Receivable Turnover		 5.64 5.28 6.58 7.24 6.43 5.31 6.45 8.40 6.30 4.65 5.13
Inventory Turnover		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Fixed Asset Turnover		 106.27 77.68 84.62 94.42 113.99 95.63 102.86 93.59 97.61 103.78 137.45
Accounts Payable Turnover		 49.05 45.28 36.26 72.02 43.03 44.87 32.04 61.49 32.05 30.49 15.42
Days Sales Outstanding (DSO)		 64.77 69.18 55.47 50.41 56.76 68.78 56.59 43.45 57.89 78.55 71.13
Days Inventory Outstanding (DIO)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Payable Outstanding (DPO)		 7.44 8.06 10.07 5.07 8.48 8.13 11.39 5.94 11.39 11.97 23.66
Cash Conversion Cycle (CCC)		 57.33 61.11 45.40 45.34 48.28 60.64 45.19 37.52 46.51 66.58 47.46
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 58 60 62 162 167 168 95 92 91 92 89
Invested Capital Turnover		 1.16 1.19 1.23 0.65 0.66 0.69 1.02 0.62 0.61 0.62 0.89
Increase / (Decrease) in Invested Capital		 9.86 10 15 108 108 109 33 -70 -75 -76 -6.28
Enterprise Value (EV)		 664 709 844 705 619 561 612 253 306 205 296
Market Capitalization		 778 826 963 725 638 582 640 285 342 246 346
Book Value per Share		 $8.64 $8.87 $9.05 $9.12 $9.20 $9.43 $6.15 $6.20 $6.32 $6.64 $6.88
Tangible Book Value per Share		 $6.02 $6.25 $6.45 $1.38 $1.54 $1.84 $2.49 $2.58 $2.71 $3.07 $3.35
Total Capital		 172 177 181 182 185 190 124 125 127 134 139
Total Debt		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Long-Term Debt		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Debt		 -114 -118 -119 -20 -18 -21 -28 -32 -36 -42 -50
Capital Expenditures (CapEx)		 0.85 1.30 0.92 0.69 0.73 0.78 1.06 0.78 0.89 0.83 0.76
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 7.21 4.93 5.33 7.02 12 15 13 12 12 13 12
Debt-free Net Working Capital (DFNWC)		 121 113 124 27 31 36 42 45 48 55 62
Net Working Capital (NWC)		 121 113 124 27 31 36 42 45 48 55 62
Net Nonoperating Expense (NNE)		 -1.17 -0.62 -1.62 -1.97 -0.11 -0.70 15 0.18 -0.18 -0.20 -0.23
Net Nonoperating Obligations (NNO)		 -114 -118 -119 -20 -18 -21 -28 -32 -36 -42 -50
Total Depreciation and Amortization (D&A)		 0.70 0.70 0.97 2.18 2.23 2.25 2.31 1.35 1.35 1.45 1.47
Debt-free, Cash-free Net Working Capital to Revenue		 11.61% 7.62% 7.96% 10.02% 16.78% 18.63% 16.41% 15.75% 15.39% 16.62% 14.10%
Debt-free Net Working Capital to Revenue		 194.97% 175.40% 185.58% 38.95% 41.19% 45.85% 51.81% 56.61% 60.76% 68.56% 75.02%
Net Working Capital to Revenue		 194.97% 175.40% 185.58% 38.95% 41.19% 45.85% 51.81% 56.61% 60.76% 68.56% 75.02%
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 $0.10 $0.20 $0.16 $0.04 $0.01 $0.15 ($3.35) ($0.03) $0.03 $0.22 $0.18
Adjusted Weighted Average Basic Shares Outstanding		 19.95M 19.98M 20.00M 19.99M 20.07M 20.10M 20.11M 20.10M 20.14M 20.16M 20.21M
Adjusted Diluted Earnings per Share		 $0.10 $0.20 $0.15 $0.04 $0.01 $0.15 ($3.35) ($0.03) $0.03 $0.22 $0.18
Adjusted Weighted Average Diluted Shares Outstanding		 20.28M 20.32M 20.43M 20.30M 20.27M 20.28M 20.11M 20.10M 20.22M 20.24M 20.24M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 19.97M 19.98M 20.01M 20.07M 20.09M 20.11M 20.13M 20.14M 20.15M 20.21M 20.22M
Normalized Net Operating Profit after Tax (NOPAT)		 0.78 3.41 1.52 -1.12 0.10 2.38 2.10 0.46 0.50 4.34 3.35
Normalized NOPAT Margin		 5.35% 18.62% 8.18% -6.02% 0.51% 10.59% 10.30% 2.64% 2.70% 17.86% 15.29%
Pre Tax Income Margin		 16.59% 28.69% 20.98% 4.62% 1.43% 15.64% -363.62% 5.09% 5.27% 24.23% 21.96%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
EBIT Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 44.90% 45.55% 49.66% 48.18% 43.82% 33.09% -1.90% 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio		 44.90% 45.55% 49.66% 48.18% 43.82% 33.09% -1.90% 0.00% 0.00% 0.00% 0.00%

Financials Breakdown Chart

Key Financial Trends

Simulations Plus (NASDAQ: SLP) showed a sharp rebound in the latest quarter, but the four-year trend still looks uneven. Revenue recovered in Q2 2026, profitability improved from the prior quarter, and the balance sheet remains solid with more cash than debt. However, the company has seen significant volatility in operating results, including a major impairment charge in 2025 and a steep drop in cash compared with a year earlier.

  • Q2 2026 revenue rebounded to $24.3 million, up from $18.4 million in Q1 2026 and $17.5 million in Q4 2025, showing a meaningful sequential recovery.
  • Operating income improved to $5.6 million in Q2 2026 from just $0.7 million in Q1 2026, suggesting better operating leverage.
  • Net income increased to $4.5 million in Q2 2026, compared with $0.7 million in Q1 2026 and a loss in Q4 2025.
  • Operating cash flow was strong at $6.4 million in Q2 2026, which indicates the business continues to generate cash from core operations.
  • The company ended Q2 2026 with $41.8 million in cash and short-term investments and only $12.7 million in total liabilities, leaving it with a healthy net cash position.
  • Debt appears minimal, with no meaningful interest-bearing borrowings visible in the data, which reduces financial risk.
  • Revenue in Q2 2026 was higher than the same quarter last year, rising from $22.4 million in Q2 2025 to $24.3 million.
  • Gross margin remains decent but not exceptional: Q2 2026 gross profit was $16.1 million on $24.3 million of revenue, or about 66%.
  • R&D and marketing spending remain significant, which is normal for a software and services company but keeps pressure on margins.
  • Share count has stayed relatively stable around 20.2 million diluted shares, so dilution has not been a major issue recently.
  • Balance-sheet goodwill and intangible assets remain large, so future impairment risk is something investors should continue to watch.
  • Longer-term earnings have been highly volatile, including a massive Q3 2025 operating loss driven by a $77.2 million impairment charge.
  • Cash fell sharply versus a year ago, with cash and equivalents down from $109.1 million in Q3 2024 to $25.7 million in Q2 2026.
  • Total assets also declined materially, from about $192.7 million in Q3 2024 to $146.5 million in Q2 2026, reflecting the weaker balance-sheet footprint after the impairment and cash reduction.
  • Operating performance has been choppy over the last four years, with several quarters of low profitability and one large loss, which makes the turnaround less predictable.
  • Deferred revenue and current liabilities remain meaningful, so execution needs to stay strong to support near-term working capital needs.

Bottom line: Simulations Plus looks financially stable on the surface, with strong liquidity and a net cash position, and the latest quarter shows a real improvement in sales and earnings. Still, the company’s multi-year track record is marked by volatility, especially the 2025 impairment and swings in operating performance. For retail investors, the key question is whether the latest rebound is the start of a steadier recovery or just another short-term bounce.

07/21/26 01:22 PM ETAI Generated. May Contain Errors.

Simulations Plus Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Simulations Plus' financial year ends in August. Their financial year 2025 ended on August 31, 2025.

Simulations Plus' net income appears to be on a downward trend, with a most recent value of -$64.72 million in 2025, falling from $3.84 million in 2015. The previous period was $9.95 million in 2024. See where experts think Simulations Plus is headed by visiting Simulations Plus' forecast page.

Simulations Plus' total operating income in 2025 was -$70.73 million, based on the following breakdown:
  • Total Gross Profit: $46.22 million
  • Total Operating Expenses: $116.95 million

Over the last 10 years, Simulations Plus' total revenue changed from $18.31 million in 2015 to $79.18 million in 2025, a change of 332.3%.

Simulations Plus' total liabilities were at $7.14 million at the end of 2025, a 49.8% decrease from 2024, and a 8.7% decrease since 2015.

In the past 10 years, Simulations Plus' cash and equivalents has ranged from $6.22 million in 2017 to $57.52 million in 2023, and is currently $30.85 million as of their latest financial filing in 2025.

Over the last 10 years, Simulations Plus' book value per share changed from 1.16 in 2015 to 6.20 in 2025, a change of 436.2%.


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Financial statements for NASDAQ:SLP last updated on 7/9/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.
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