SLPNasdaqServices-Computer Integrated Systems DesignFiscal year ends August 31
Simulations Plus, Inc.
Financials through Q3 FY2026, quarter ended May 31, 2026Last filing: 10-Q on Jul 9, 2026
$18.50+0.00 (0.00%)
Close on Oct 7, 2026
- Market cap
- $374.42M
- P/E (TTM)
- 46.3
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
58.4%−16.0 pts over 5 years
Operating margin
-89.3%−117.2 pts over 5 years
Net margin
-81.7%−104.2 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +13.1% | +13.7% | +13.7% | +15.8% | |
| Gross profit | +7.1% | +2.4% | +8.4% | +12.7% | |
| Free cash flow | +36.5% | +0.6% | +10.3% | +9.4% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 23.4% | 9.6% | -42.1% | |
| Return on assets | 17.9% | 8.7% | -39.4% | |
| Current ratio | 5.98 | 23.45 | 7.67 | |
| Interest coverage | – | – | – | |
| Capex to revenue | 0.2% | 0.6% | 0.9% | |
| Diluted shares | 17M | 19M | 20M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Simulations Plus generated $90.41M from operations and spent $43.44M on capital expenditure, dividends and share buybacks. 10% of that went back into the business.
Generated
$90.41M
Used
$43.44M
Capital expenditure$4.18M10%Dividends$19.26M44%Share buybacks$20.00M46%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-81.7%
×Asset turnover0.48×
×Equity multiplier1.07×
=Return on equity, FY2025-42.1%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | -81.7% | 0.48× | 1.07× | -42.1% |
| FY2024 | 14.2% | 0.37× | 1.09× | 5.6% |
| FY2023 | 16.7% | 0.32× | 1.08× | 5.7% |
| FY2022 | 23.2% | 0.29× | 1.07× | 7.3% |
| FY2021 | 21.1% | 0.27× | 1.08× | 6.1% |
| FY2020 | 22.4% | 0.39× | 1.10× | 9.6% |
| FY2019 | 25.3% | 0.77× | 1.27× | 24.7% |
| FY2018 | 30.1% | 0.73× | 1.42× | 31.0% |
| FY2017 | 24.0% | 0.73× | 1.37× | 23.8% |
| FY2016 | 24.8% | 0.72× | 1.31× | 23.4% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
5of 8 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero-$64.72M
- Cash generatingOperating cash flow above zero$18.13M
- Return on assets improvedROA up on the prior year5.3% → -32.9%
- Earnings backed by cashOperating cash flow above net income$18.13M vs -$64.72M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose3.26 → 7.67
- No dilutionShare count did not rise20M → 20M
- Gross margin improvedGross margin up on the prior year61.63% → 58.38%
- More efficientAsset turnover rose0.38 → 0.40