Simulations Plus, Inc.
Financial highlights
| Metric | FY 08/31/25 | FY 08/31/24 | FY 08/31/23 | FY 08/31/22 | FY 08/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $79.2M | $70.0M | $59.6M | $53.9M | $46.5M |
| Cost of revenue | $33.0M | $26.9M | $11.6M | $10.8M | $10.6M |
| Gross profit | $46.2M | $43.2M | $47.9M | $43.1M | $35.9M |
| Selling, general & administrative | $20.9M | $22.4M | $27.7M | $20.1M | $20.6M |
| Research and development | $6.9M | $5.8M | $4.5M | $3.2M | $4.0M |
| Operating expenses | $117.0M | $37.0M | $39.2M | $28.2M | $24.6M |
| Operating income | -$70.7M | $6.1M | $8.7M | $14.9M | $11.3M |
| Interest expense | — | — | — | — | $22,000 |
| Pretax income | -$69.4M | $12.4M | $11.7M | $15.1M | $11.1M |
| Income tax expense | -$4.7M | $2.5M | $1.7M | $2.6M | $1.3M |
| Net income | -$64.7M | $10.0M | $10.0M | $12.5M | $9.8M |
| Balance Sheet | |||||
| Cash and equivalents | $30.9M | $10.3M | $57.5M | $51.6M | $37.0M |
| Current assets | $51.5M | $39.3M | $130.4M | $146.8M | $139.3M |
| Total assets | $131.9M | $196.6M | $186.1M | $188.4M | $180.0M |
| Current liabilities | $6.7M | $12.1M | $12.0M | $7.7M | $11.6M |
| Total liabilities | $7.1M | $14.2M | $16.1M | $10.1M | $14.2M |
| Stockholders' equity | $124.8M | $182.4M | $170.0M | $178.2M | $165.8M |
| Cash Flow Statement | |||||
| Cash from operations | $18.1M | $13.3M | $21.9M | $17.9M | $19.2M |
| Depreciation and amortization | $300,000 | $300,000 | $200,000 | $300,000 | $200,000 |
| Stock-based compensation | $6.4M | $6.5M | $4.8M | $3.0M | $2.8M |
| Capital expenditure | $713,000 | $566,000 | $453,000 | $819,000 | $1.6M |
| Free cash flow | $17.4M | $12.8M | $21.4M | $17.1M | $17.6M |
| Dividends paid | $0 | $4.8M | $4.8M | $4.8M | $4.8M |
| Share repurchases | $0 | $0 | $20.0M | $0 | $0 |
| Impairments | $77.2M | $0 | $500,000 | $0 | $0 |
Shares outstanding 20.2M · Free float 80.6%
Annual filing data through FY ended August 31, 2025; float as of July 11, 2026.