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6Mar 31, 2026·SEC
Feb 26, 2026·SEC
Dec 11, 2025·SEC
Certara, Inc. (CERT) fundamental analysis — strengths, weaknesses & financial health based on data analysis
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
Certara, Inc. (CERT) stock price & volume — 10-year historical chart
Certara, Inc. (CERT) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Certara, Inc. (CERT) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q1 2026Latest | Feb 26, 2026 | $0.09vs $0.11-18.2% | $104Mvs $103M+0.5% |
| Q4 2025 | Nov 6, 2025 | $0.14vs $0.11+27.3% | $105Mvs $103M+1.3% |
| Q3 2025 | Aug 6, 2025 | $0.07vs $0.10-30.0% | $105Mvs $104M+0.5% |
| Q2 2025 | May 5, 2025 | $0.14vs $0.13+7.7% | $106Mvs $104M+1.7% |
Certara, Inc. (CERT) competitors in Life Sciences and Precision Medicine Software — business model, growth, and fundamentals comparison
Certara, Inc. (CERT) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Certara, Inc. (CERT) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 163.72M | 208.51M | 243.53M | 286.1M | 335.64M | 354.34M | 385.15M | 418.84M |
| Revenue Growth % | - | 27.36% | 16.79% | 17.48% | 17.32% | 5.57% | 8.7% | 8.75% |
| Cost of Goods Sold | 71.04M | 79.77M | 100.77M | 111.62M | 132.58M | 141.02M | 154.52M | 161.13M |
| COGS % of Revenue | 43.39% | 38.26% | 41.38% | 39.01% | 39.5% | 39.8% | 40.12% | 38.47% |
| Gross Profit | 92.68M▲ 0% | 128.74M▲ 38.9% | 142.76M▲ 10.9% | 174.49M▲ 22.2% | 203.07M▲ 16.4% | 213.31M▲ 5.0% | 230.63M▲ 8.1% | 257.71M▲ 11.7% |
| Gross Margin % | 56.61% | 61.74% | 58.62% | 60.99% | 60.5% | 60.2% | 59.88% | 61.53% |
| Gross Profit Growth % | - | 38.92% | 10.89% | 22.22% | 16.38% | 5.05% | 8.12% | 11.74% |
| Operating Expenses | 97.33M | 109.13M | 167.19M | 160.91M | 170.55M | 254.09M | 232.36M | 180.14M |
| OpEx % of Revenue | 59.45% | 52.34% | 68.65% | 56.24% | 50.81% | 71.71% | 60.33% | 43.01% |
| Selling, General & Admin | 52.81M | 58.66M | 107.68M | 99.68M | 99.18M | 127.41M | 120.97M | 139.1M |
| SG&A % of Revenue | 32.26% | 28.13% | 44.22% | 34.84% | 29.55% | 35.96% | 31.41% | 33.21% |
| Research & Development | 10.48M | 11.63M | 19.64M | 20.38M | 28.2M | 34.17M | 37.1M | 41.04M |
| R&D % of Revenue | 6.4% | 5.58% | 8.07% | 7.12% | 8.4% | 9.64% | 9.63% | 9.8% |
| Other Operating Expenses | -107K | 38.84M | 39.86M | 40.85M | 43.16M | 92.51M | 74.29M | 0 |
| Operating Income | -4.65M▲ 0% | 19.61M▲ 521.6% | -24.42M▼ 224.5% | 13.58M▲ 155.6% | 32.52M▲ 139.5% | -40.77M▼ 225.4% | -1.73M▲ 95.8% | 21.02M▲ 1314.1% |
| Operating Margin % | -2.84% | 9.41% | -10.03% | 4.75% | 9.69% | -11.51% | -0.45% | 5.02% |
| Operating Income Growth % | - | 521.6% | -224.51% | 155.61% | 139.49% | -225.38% | 95.75% | 1314.1% |
| EBITDA | 32.36M | 61.17M | 18.33M | 58.69M | 84.99M | 15.3M | 66.3M | 77.57M |
| EBITDA Margin % | 19.77% | 29.34% | 7.53% | 20.51% | 25.32% | 4.32% | 17.21% | 18.52% |
| EBITDA Growth % | - | 89.04% | -70.03% | 220.15% | 44.8% | -82% | 333.43% | 17% |
| D&A (Non-Cash Add-back) | 37.01M | 41.56M | 42.75M | 45.12M | 52.47M | 56.07M | 68.03M | 56.56M |
| EBIT | -4.76M | 18.85M | -24.89M | 13.46M | 36.53M | -32.23M | 4.34M | 0 |
| Net Interest Income | -27.8M | -28M | -25.3M | -16.84M | -17.77M | -22.92M | -21.52M | 0 |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 27.8M | 28M | 25.3M | 16.84M | 17.77M | 22.92M | 21.52M | -19.74M |
| Other Income/Expense | -27.91M | -28.76M | -25.76M | -16.95M | -13.77M | -14.37M | -15.45M | -13.4M |
| Pretax Income | -32.56M▲ 0% | -9.15M▲ 71.9% | -50.18M▼ 448.4% | -3.38M▲ 93.3% | 18.75M▲ 655.7% | -55.14M▼ 394.0% | -17.18M▲ 68.8% | 7.62M▲ 144.3% |
| Pretax Margin % | -19.89% | -4.39% | -20.61% | -1.18% | 5.59% | -15.56% | -4.46% | 1.82% |
| Income Tax | 697K | -225K | -784K | 9.89M | 4.02M | 214K | -5.13M | 9.21M |
| Effective Tax Rate % | -2.14% | 2.46% | 1.56% | -293.07% | 21.46% | -0.39% | 29.87% | 120.94% |
| Net Income | -33.26M▲ 0% | -8.93M▲ 73.2% | -49.4M▼ 453.4% | -13.27M▲ 73.1% | 14.73M▲ 211.0% | -55.36M▼ 475.8% | -12.05M▲ 78.2% | -1.59M▲ 86.8% |
| Net Margin % | -20.31% | -4.28% | -20.28% | -4.64% | 4.39% | -15.62% | -3.13% | -0.38% |
| Net Income Growth % | - | 73.16% | -453.41% | 73.14% | 211.04% | -475.79% | 78.23% | 86.76% |
| Net Income (Continuing) | -33.26M | -8.93M | -49.4M | -13.27M | 14.73M | -55.36M | -12.05M | -1.59M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.25▲ 0% | -0.06▲ 77.3% | -0.32▼ 464.4% | -0.09▲ 72.3% | 0.09▲ 204.4% | -0.35▼ 478.8% | -0.08▲ 78.5% | -0.01▲ 86.7% |
| EPS Growth % | - | 77.32% | -464.37% | 72.34% | 204.41% | -478.79% | 78.54% | 86.68% |
| EPS (Basic) | -0.25 | -0.06 | -0.32 | -0.09 | 0.09 | -0.35 | -0.08 | -0.01 |
| Diluted Shares Outstanding | 132.41M | 157.34M | 152.98M | 149.84M | 159.35M | 158.94M | 160.39M | 160.39M |
| Basic Shares Outstanding | 132.41M | 157.34M | 152.98M | 149.84M | 156.88M | 158.94M | 160.39M | 160.39M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - |
Certara, Inc. (CERT) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 68.93M | 87.52M | 346.58M | 274.73M | 342.25M | 340.2M | 310.85M | 315.12M |
| Cash & Short-Term Investments | 11.68M | 29.26M | 271.38M | 185.8M | 236.59M | 234.95M | 179.18M | 189.39M |
| Cash Only | 11.68M | 29.26M | 271.38M | 185.8M | 236.59M | 234.95M | 179.18M | 189.39M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 49.88M | 52.36M | 64.8M | 78.31M | 88.81M | 93.26M | 119.08M | 103.53M |
| Days Sales Outstanding | 111.21 | 91.65 | 97.12 | 99.9 | 96.57 | 96.06 | 112.85 | 90.22 |
| Inventory | 5.53M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | 28.43 | - | - | - | - | - | - | - |
| Other Current Assets | 3.32M | 2.14M | 3.03M | 1.65M | 8.47M | 5.63M | 4.27M | 22.2M |
| Total Non-Current Assets | 982.56M | 949.55M | 922.82M | 1.24B | 1.23B | 1.22B | 1.26B | 1.24B |
| Property, Plant & Equipment | 5.4M | 4.62M | 3.87M | 15.57M | 16.83M | 12.27M | 16.01M | 13.79M |
| Fixed Asset Turnover | 30.31x | 45.10x | 62.90x | 18.38x | 19.95x | 28.87x | 24.06x | 30.37x |
| Goodwill | 514.27M | 515M | 518.59M | 703.37M | 717.74M | 716.33M | 757.04M | 773.31M |
| Intangible Assets | 459.62M | 428M | 396.44M | 511.82M | 486.78M | 487.04M | 485.21M | 447.48M |
| Long-Term Investments | 1.16M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 1.26M | 1.1M | 1.16M | 2.17M | 5.62M | 3.05M | 2.03M | 1.64M |
| Total Assets | 1.05B▲ 0% | 1.04B▼ 1.4% | 1.27B▲ 22.4% | 1.51B▲ 19.1% | 1.57B▲ 4.0% | 1.56B▼ 0.6% | 1.58B▲ 0.8% | 1.56B▼ 1.2% |
| Asset Turnover | 0.16x | 0.20x | 0.19x | 0.19x | 0.21x | 0.23x | 0.24x | 0.27x |
| Asset Growth % | - | -1.37% | 22.4% | 19.09% | 4.05% | -0.62% | 0.77% | -1.18% |
| Total Current Liabilities | 65.45M | 63M | 75.34M | 92.22M | 103.16M | 130.02M | 146.09M | 153.38M |
| Accounts Payable | 4.91M | 4.92M | 6.39M | 7.46M | 7.53M | 5.17M | 3.5M | 3.43M |
| Days Payables Outstanding | 25.22 | 22.5 | 23.16 | 24.39 | 20.74 | 13.38 | 8.27 | 7.76 |
| Short-Term Debt | 3.15M | 4.21M | 4.68M | 3.02M | 3.02M | 3.02M | 3M | 2.96M |
| Deferred Revenue (Current) | 37.52M | 26.24M | 30.66M | 45.5M | 52.21M | 60.68M | 77.83M | 75.41M |
| Other Current Liabilities | 12.58M | 8.35M | 29.45M | 26.95M | 31.01M | 49.51M | 53.08M | 75.01M |
| Current Ratio | 1.05x | 1.39x | 4.60x | 2.98x | 3.32x | 2.62x | 2.13x | 2.05x |
| Quick Ratio | 0.97x | 1.39x | 4.60x | 2.98x | 3.32x | 2.62x | 2.13x | 2.05x |
| Cash Conversion Cycle | 114.42 | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 493.27M | 482.02M | 371.92M | 377.66M | 390.1M | 386.28M | 370.36M | 340.4M |
| Long-Term Debt | 404.8M | 397.12M | 294.1M | 291.75M | 289.99M | 288.22M | 292.43M | 8.44M |
| Capital Lease Obligations | 48K | 0 | 318K | 8.28M | 10.13M | 6.96M | 11.17M | 0 |
| Deferred Tax Liabilities | 85.67M | 82.16M | 75.89M | 76.1M | 67.35M | 50.83M | 40.42M | 34.37M |
| Other Non-Current Liabilities | 0 | 1.6M | 1.07M | 0 | 19.81M | 39.21M | 25.3M | 297.6M |
| Total Liabilities | 558.72M | 545.02M | 447.27M | 469.88M | 493.26M | 516.3M | 516.45M | 493.79M |
| Total Debt | 408.28M | 401.38M | 299.37M | 308.38M | 308.13M | 302.57M | 311.9M | 11.4M |
| Net Debt | 396.6M | 372.12M | 27.99M | 122.58M | 71.55M | 67.62M | 132.71M | -177.99M |
| Debt / Equity | 0.83x | 0.82x | 0.36x | 0.30x | 0.29x | 0.29x | 0.29x | 0.01x |
| Debt / EBITDA | 12.62x | 6.56x | 16.33x | 5.25x | 3.63x | 19.78x | 4.70x | 0.15x |
| Net Debt / EBITDA | 12.26x | 6.08x | 1.53x | 2.09x | 0.84x | 4.42x | 2.00x | -2.29x |
| Interest Coverage | -0.17x | 0.70x | -0.97x | 0.81x | 1.83x | -1.78x | -0.08x | - |
| Total Equity | 492.77M▲ 0% | 492.05M▼ 0.1% | 822.13M▲ 67.1% | 1.04B▲ 26.7% | 1.08B▲ 3.6% | 1.05B▼ 3.0% | 1.06B▲ 1.1% | 1.06B▲ 0.4% |
| Equity Growth % | - | -0.15% | 67.08% | 26.73% | 3.63% | -3.04% | 1.13% | 0.39% |
| Book Value per Share | 3.72 | 3.13 | 5.37 | 6.95 | 6.78 | 6.59 | 6.60 | 6.63 |
| Total Shareholders' Equity | 492.77M | 492.05M | 822.13M | 1.04B | 1.08B | 1.05B | 1.06B | 1.06B |
| Common Stock | 1.32M | 1.32M | 1.53M | 1.6M | 1.6M | 1.6M | 1.62M | 1.64M |
| Retained Earnings | -14.43M | -12.94M | -62.34M | -75.6M | -60.87M | -116.23M | -128.28M | -129.88M |
| Treasury Stock | 0 | 0 | 0 | -38K | -3M | -9.4M | -18.18M | 0 |
| Accumulated OCI | -1.65M | -5.5M | -1.59M | -3.93M | -8.23M | -7.59M | -13.42M | 2.04M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Certara, Inc. (CERT) cash flow — operating, investing & free cash flow history
| Line item | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 11.59M | 38.02M | 44.81M | 60.39M | 92.54M | 82.75M | 80.47M | 96.33M |
| Operating CF Margin % | 7.08% | 18.24% | 18.4% | 21.11% | 27.57% | 23.35% | 20.89% | 23% |
| Operating CF Growth % | - | 228.03% | 17.84% | 34.76% | 53.25% | -10.58% | -2.77% | 19.71% |
| Net Income | -33.26M | -8.93M | -49.4M | -13.27M | 14.73M | -55.36M | -12.05M | -1.59M |
| Depreciation & Amortization | 37.01M | 41.56M | 42.75M | 45.12M | 54.01M | 57.6M | 68.03M | 75.16M |
| Stock-Based Compensation | 1.71M | 1.69M | 64.51M | 29.48M | 30.35M | 28.3M | 34.77M | 33.08M |
| Deferred Taxes | -3.55M | -6.7M | -7.83M | -1.18M | 0 | 0 | -12.7M | -8.32M |
| Other Non-Cash Items | 1.36M | 1.66M | 1.49M | 3.16M | 8.34M | 51.35M | 10.59M | -2M |
| Working Capital Changes | 8.32M | 8.74M | -6.71M | -2.92M | -14.88M | 863K | -8.18M | 0 |
| Change in Receivables | -2.03M | -1.52M | -3.93M | -10.07M | -15.01M | 152K | -16.23M | 428K |
| Change in Inventory | -2.61M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | -6.36M | 10.03M | 2.38M | 0 | 0 | 0 | -4.76M | 4.4M |
| Cash from Investing | -73.91M | -9.52M | -8.61M | -269.92M | -27.84M | -79.55M | -112.37M | -26.56M |
| Capital Expenditures | -11.48M | -2.11M | -7.94M | -8.9M | -1.43M | -1.78M | -1.63M | -1.76M |
| CapEx % of Revenue | 7.02% | 1.01% | 3.26% | 3.11% | 0.43% | 0.5% | 0.42% | 0.42% |
| Acquisitions | -62.42M | 0 | -675K | -261.02M | -15.31M | -64.23M | -91.33M | -13.23M |
| Investments | - | - | - | - | - | - | - | - |
| Other Investing | -6.73M | -7.41M | 0 | 0 | -11.1M | -13.55M | -19.42M | -11.57M |
| Cash from Financing | 57.3M | -8.49M | 208.21M | 123.39M | -7.36M | -9.45M | -21.01M | -63.99M |
| Debt Issued (Net) | 66.02M | -8.44M | -104.36M | -3.88M | -3.31M | -3.04M | 4.05M | 0 |
| Equity Issued (Net) | 10K | -53K | 1000K | 1000K | -1000K | -1000K | -1000K | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | -1.1M | -703K | -1.08M | 0 | -2.96M | -6.4M | -8.69M | -42.61M |
| Other Financing | -8.73M | 0 | -2.9M | -6.08M | -1.09M | 0 | -16.37M | -63.99M |
| Net Change in Cash | -6.35M▲ 0% | 17.57M▲ 376.6% | 243.53M▲ 1285.7% | -86.67M▼ 135.6% | 53.06M▲ 161.2% | -4.74M▼ 108.9% | -55.77M▼ 1077.3% | 10.21M▲ 118.3% |
| Free Cash Flow | 107K▲ 0% | 28.51M▲ 26543.0% | 36.87M▲ 29.3% | 51.49M▲ 39.6% | 91.11M▲ 77.0% | 80.98M▼ 11.1% | 78.84M▼ 2.6% | 94.56M▲ 19.9% |
| FCF Margin % | 0.07% | 13.67% | 15.14% | 18% | 27.15% | 22.85% | 20.47% | 22.58% |
| FCF Growth % | - | 26542.99% | 29.34% | 39.63% | 76.97% | -11.12% | -2.64% | 19.94% |
| FCF per Share | 0.00 | 0.18 | 0.24 | 0.34 | 0.57 | 0.51 | 0.49 | 0.59 |
| FCF Conversion (FCF/Net Income) | -0.35x | -4.26x | -0.91x | -4.55x | 6.28x | -1.49x | -6.68x | -60.39x |
| Interest Paid | 25.71M | 26.43M | 27.61M | 14.17M | 17.27M | 19.09M | 22.74M | 0 |
| Taxes Paid | 3.17M | 4.11M | 12.28M | 8.6M | 0 | 0 | 14.66M | 0 |
Certara, Inc. (CERT) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | -6.75% | -1.81% | -7.52% | -1.42% | 1.39% | -5.21% | -1.14% | -0.15% |
| Return on Invested Capital (ROIC) | -0.39% | 1.68% | -2.14% | 1.01% | 2.11% | -2.7% | -0.11% | 1.52% |
| Gross Margin | 56.61% | 61.74% | 58.62% | 60.99% | 60.5% | 60.2% | 59.88% | 61.53% |
| Net Margin | -20.31% | -4.28% | -20.28% | -4.64% | 4.39% | -15.62% | -3.13% | -0.38% |
| Debt / Equity | 0.83x | 0.82x | 0.36x | 0.30x | 0.29x | 0.29x | 0.29x | 0.01x |
| Interest Coverage | -0.17x | 0.70x | -0.97x | 0.81x | 1.83x | -1.78x | -0.08x | - |
| FCF Conversion | -0.35x | -4.26x | -0.91x | -4.55x | 6.28x | -1.49x | -6.68x | -60.39x |
| Revenue Growth | - | 27.36% | 16.79% | 17.48% | 17.32% | 5.57% | 8.7% | 8.75% |
Certara, Inc. (CERT) SEC filings — annual & quarterly reports (10-K, 10-Q)
Mar 31, 2026·SEC
Feb 26, 2026·SEC
Dec 11, 2025·SEC
Certara, Inc. (CERT) stock FAQ — growth, dividends, profitability & financials explained
Certara, Inc. (CERT) reported $418.8M in revenue for fiscal year 2025. This represents a 156% increase from $163.7M in 2018.
Certara, Inc. (CERT) grew revenue by 8.7% over the past year. This is steady growth.
Certara, Inc. (CERT) reported a net loss of $1.6M for fiscal year 2025.
Certara, Inc. (CERT) has a return on equity (ROE) of -0.2%. Negative ROE indicates the company is unprofitable.
Certara, Inc. (CERT) generated $66.8M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
Certara, Inc. (CERT) financial analysis — history, returns, DCA and operating performance tools
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates