Certara, Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $418.8M | $385.1M | $354.3M | $335.6M | $286.1M |
| Cost of revenue | — | — | $141.0M | $132.6M | $111.6M |
| Research and development | $41.0M | $37.1M | $34.2M | $28.2M | $20.4M |
| Operating expenses | $236.7M | $232.4M | $254.1M | $170.5M | $160.9M |
| Operating income | $21.0M | -$1.7M | -$40.8M | $32.5M | $13.6M |
| Interest expense | $19.7M | $21.5M | $22.9M | $17.8M | $16.8M |
| Pretax income | $7.6M | -$17.2M | -$55.1M | $18.8M | -$3.4M |
| Income tax expense | $9.2M | -$5.1M | $214,000 | $4.0M | $9.9M |
| Net income | -$1.6M | -$12.1M | -$55.4M | $14.7M | -$13.3M |
| Balance Sheet | |||||
| Cash and equivalents | $189.4M | $179.2M | $235.0M | $236.6M | $185.8M |
| Current assets | $315.1M | $310.9M | $340.2M | $342.3M | $274.7M |
| Total assets | $1.6B | $1.6B | $1.6B | $1.6B | $1.5B |
| Current liabilities | $153.4M | $146.1M | $130.0M | $103.2M | $92.2M |
| Total liabilities | $493.8M | $516.4M | $516.3M | $493.3M | $469.9M |
| Total debt | $295.5M | $298.5M | $294.4M | $297.5M | $300.5M |
| Stockholders' equity | $1.1B | $1.1B | $1.0B | $1.1B | $1.0B |
| Cash Flow Statement | |||||
| Cash from operations | $96.3M | $80.5M | $82.8M | $92.5M | $60.4M |
| Depreciation and amortization | $75.2M | $68.0M | $56.1M | $1.7M | $2.1M |
| Stock-based compensation | $33.1M | $34.8M | $28.3M | $30.3M | $29.5M |
| Capital expenditure | $1.8M | $1.6M | $1.8M | $1.4M | $1.1M |
| Free cash flow | $94.6M | $78.8M | $81.0M | $91.1M | $59.2M |
| Share repurchases | $42.6M | $0 | $0 | — | — |
| Impairments | $0 | $0 | $47.0M | $0 | $0 |
Shares outstanding 155.6M · Free float 73.3%
Annual filing data through FY ended December 31, 2025; float as of July 15, 2026.