Simulations Plus, Inc. (SLP) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Sales/Revenue | 24.29M | 18.42M | 17.46M | 20.36M | 22.43M | 18.92M | 18.66M | 18.54M | 18.3M | 14.5M | 15.63M | 16.23M | 15.75M | 11.96M | 11.73M | 14.96M | 14.8M | 12.42M | 9.84M | 12.78M |
| Revenue Growth % | 8.29% | -2.66% | -6.45% | 9.81% | 22.55% | 30.51% | 19.42% | 14.23% | 16.22% | 21.2% | 33.19% | 8.52% | 6.45% | -3.65% | 19.24% | 17.08% | 12.54% | 16.04% | 3.15% | 3.89% |
| Cost of Goods Sold | 8.15M | 7.53M | 7.62M | 7.33M | 9.3M | 8.71M | 11.84M | 5.29M | 5.08M | 4.65M | 3.38M | 2.96M | 2.62M | 2.67M | 2.68M | 2.56M | 2.83M | 2.76M | 2.79M | 2.47M |
| COGS % of Revenue | 33.54% | 40.88% | 43.62% | 36% | 41.48% | 46.01% | 63.43% | 28.51% | 27.77% | 32.08% | 21.61% | 18.24% | 16.63% | 22.33% | 22.81% | 17.11% | 19.13% | 22.2% | 28.3% | 19.34% |
| Gross Profit | 16.14M | 10.89M | 9.84M | 13.03M | 13.13M | 10.22M | 6.83M | 13.26M | 13.22M | 9.85M | 12.25M | 13.27M | 13.13M | 9.29M | 9.06M | 12.4M | 11.97M | 9.66M | 7.06M | 10.31M |
| Gross Margin % | 66.46% | 59.12% | 56.38% | 64% | 58.52% | 53.99% | 36.57% | 71.49% | 72.23% | 67.92% | 78.39% | 81.76% | 83.37% | 77.67% | 77.19% | 82.89% | 80.87% | 77.8% | 71.7% | 80.66% |
| Gross Profit Growth % | 22.98% | 6.59% | 44.23% | -1.7% | -0.71% | 3.76% | -44.29% | -0.12% | 0.69% | 5.97% | 35.27% | 7.04% | 9.73% | -3.81% | 28.36% | 20.32% | 16.9% | 16.85% | 2.77% | 7% |
| Operating Expenses | 10.51M | 10.18M | 9.19M | 87.26M | 10.41M | 10.09M | 7.98M | 11.38M | 8.78M | 8.89M | 12.54M | 9.18M | 9.1M | 8.41M | 8.36M | 7.45M | 6.49M | 5.87M | 6.88M | 5.76M |
| OpEx % of Revenue | 43.28% | 55.25% | 52.61% | 428.51% | 46.43% | 53.33% | 42.73% | 61.35% | 47.96% | 61.3% | 80.2% | 56.52% | 57.75% | 70.34% | 71.27% | 49.83% | 43.84% | 47.27% | 69.93% | 45.11% |
| Selling, General & Admin | 7.04M | 7.2M | 7.51M | 8.82M | 8.27M | 8.24M | 6.05M | 10.08M | 7.47M | 7.67M | 11.46M | 8.23M | 7.78M | 7.25M | 7.59M | 6.8M | 5.58M | 4.99M | 5.61M | 5.09M |
| SG&A % of Revenue | 28.99% | 39.07% | 43% | 43.32% | 36.88% | 43.56% | 32.42% | 54.34% | 40.79% | 52.9% | 73.32% | 50.7% | 49.39% | 60.59% | 64.72% | 45.45% | 37.74% | 40.17% | 56.97% | 39.87% |
| Research & Development | 3.47M | 2.98M | 1.68M | 1.22M | 2.14M | 1.85M | 1.93M | 1.3M | 1.31M | 1.22M | 1.08M | 945K | 1.32M | 1.17M | 769K | 655K | 902K | 882K | 1.28M | 670K |
| R&D % of Revenue | 14.29% | 16.18% | 9.6% | 5.97% | 9.55% | 9.77% | 10.31% | 7.01% | 7.17% | 8.39% | 6.88% | 5.82% | 8.36% | 9.75% | 6.55% | 4.38% | 6.1% | 7.1% | 12.97% | 5.24% |
| Other Operating Expenses | 0 | 0 | 0 | 1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 5.63M | 713K | 659K | -74.23M | 2.71M | 126K | -1.15M | 1.88M | 4.44M | 960K | -284K | 4.1M | 4.03M | 878K | 694K | 4.95M | 5.48M | 3.79M | 174K | 4.54M |
| Operating Margin % | 23.18% | 3.87% | 3.77% | -364.51% | 12.09% | 0.67% | -6.17% | 10.14% | 24.27% | 6.62% | -1.82% | 25.24% | 25.61% | 7.34% | 5.91% | 33.06% | 37.04% | 30.53% | 1.77% | 35.55% |
| Operating Income Growth % | 107.6% | 465.87% | 157.25% | -4048.19% | -38.95% | -86.88% | -305.28% | -54.11% | 10.11% | 9.34% | -140.92% | -17.17% | -26.39% | -76.84% | 298.85% | 8.89% | 57.2% | 24.25% | -92.11% | 17.76% |
| EBITDA | 7.18M | 2.06M | 2.01M | -71.91M | 4.99M | 2.39M | 1.05M | 3.14M | 5.55M | 2.05M | 753K | 5.04M | 4.97M | 1.8M | 1.54M | 5.83M | 6.47M | 4.64M | 1.1M | 5.43M |
| EBITDA Margin % | 29.55% | 11.18% | 11.53% | -353.13% | 22.23% | 12.63% | 5.65% | 16.95% | 30.3% | 14.14% | 4.82% | 31.06% | 31.55% | 15.05% | 13.16% | 38.97% | 43.76% | 37.34% | 11.2% | 42.48% |
| EBITDA Growth % | 43.94% | -13.89% | 90.81% | -2387.88% | -10.11% | 16.58% | 40.11% | -37.66% | 11.63% | 13.88% | -51.23% | -13.52% | -23.26% | -61.15% | 40.11% | 7.41% | 47.26% | 18.39% | -63.66% | 16.83% |
| D&A (Non-Cash Add-back) | 1.55M | 1.35M | 1.35M | 2.32M | 2.27M | 2.27M | 2.21M | 1.26M | 1.1M | 1.09M | 1.04M | 945K | 935K | 923K | 850K | 884K | 995K | 845K | 928K | 886K |
| EBIT | 5.89M | 970K | 889K | 3M | 3.51M | 270K | 863K | 3.89M | 5.25M | 2.41M | 2.69M | 4.94M | 5.07M | 1.62M | 892K | 4.83M | 5.53M | 3.86M | 175K | 4.49M |
| Net Interest Income | 288K | 267K | 239K | 170K | 154K | 159K | 213K | 1.52M | 1.35M | 1.29M | 1.25M | 1.12M | 985K | 771K | 439K | 139K | 75K | 64K | 45K | 37K |
| Interest Income | 288K | 267K | 239K | 170K | 154K | 159K | 213K | 1.52M | 1.35M | 1.29M | 1.25M | 1.12M | 985K | 771K | 439K | 139K | 75K | 64K | 45K | 37K |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Income/Expense | 256K | 257K | 230K | 182K | 796K | 144K | 2.01M | 2.01M | 810K | 1.45M | 353K | 843K | 1.03M | 740K | 198K | -112K | 53K | 65K | 1K | -51K |
| Pretax Income | 5.89M | 970K | 889K | -74.04M | 3.51M | 270K | 863K | 3.89M | 5.25M | 2.41M | 69K | 4.94M | 5.07M | 1.62M | 892K | 4.83M | 5.53M | 3.86M | 175K | 4.49M |
| Pretax Margin % | 24.23% | 5.27% | 5.09% | -363.62% | 15.64% | 1.43% | 4.62% | 20.98% | 28.69% | 16.59% | 0.44% | 30.43% | 32.18% | 13.52% | 7.6% | 32.31% | 37.4% | 31.05% | 1.78% | 35.15% |
| Income Tax | 1.35M | 294K | 1.57M | -6.73M | 434K | 64K | 20K | 753K | 1.22M | 461K | -465K | 932K | 894K | 373K | -69K | 747K | 1.12M | 830K | -130K | 704K |
| Effective Tax Rate % | 22.95% | 30.31% | 176.6% | 9.09% | 12.37% | 23.7% | 2.32% | 19.36% | 23.29% | 19.16% | -673.91% | 18.87% | 17.64% | 23.05% | -7.74% | 15.45% | 20.31% | 21.52% | -74.29% | 15.68% |
| Net Income | 4.54M | 676K | -681K | -67.32M | 3.07M | 206K | 843K | 3.14M | 4.03M | 1.95M | 534K | 4.01M | 4.17M | 1.25M | 961K | 4.09M | 4.41M | 3.03M | 305K | 3.79M |
| Net Margin % | 18.67% | 3.67% | -3.9% | -330.58% | 13.7% | 1.09% | 4.52% | 16.92% | 22.01% | 13.41% | 3.42% | 24.69% | 26.5% | 10.41% | 8.19% | 27.32% | 29.8% | 24.37% | 3.1% | 29.64% |
| Net Income Growth % | 47.53% | 228.16% | -180.78% | -2245.9% | -23.7% | -89.41% | 57.87% | -21.73% | -3.47% | 56.22% | -44.43% | -1.93% | -5.33% | -58.86% | 215.08% | 7.92% | 37.31% | 22.07% | -86.06% | 28.98% |
| Net Income (Continuing) | 4.54M | 676K | -681K | -67.32M | 3.07M | 206K | 843K | 3.14M | 4.03M | 1.95M | 534K | 4.01M | 4.17M | 1.25M | 961K | 4.09M | 4.41M | 3.03M | 305K | 3.79M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.22 | 0.03 | -0.03 | -3.35 | 0.15 | 0.01 | 0.04 | 0.15 | 0.20 | 0.10 | 0.03 | 0.20 | 0.20 | 0.06 | 0.04 | 0.20 | 0.21 | 0.15 | 0.01 | 0.18 |
| EPS Growth % | 46.67% | 227.45% | -180.48% | -2333.33% | -25% | -89.36% | 56.72% | -25% | 0% | 60.37% | -33% | 0% | -4.76% | -60.13% | 172.11% | 11.11% | 40% | 25% | -86.64% | 12.5% |
| EPS (Basic) | 0.23 | 0.03 | -0.03 | -3.35 | 0.15 | 0.01 | 0.04 | 0.16 | 0.20 | 0.10 | 0.03 | 0.20 | 0.21 | 0.06 | 0.05 | 0.20 | 0.21 | 0.15 | 0.02 | 0.19 |
| Diluted Shares Outstanding | 20.23M | 20.22M | 20.14M | 20.11M | 20.28M | 20.27M | 20.05M | 20.43M | 20.32M | 20.28M | 19.94M | 20.36M | 20.53M | 20.82M | 20.8M | 20.77M | 20.75M | 20.75M | 20.75M | 20.8M |
| Basic Shares Outstanding | 20.15M | 20.14M | 20.14M | 20.11M | 20.1M | 20.07M | 20.05M | 20M | 19.98M | 19.95M | 19.94M | 19.97M | 20.11M | 20.29M | 20.24M | 20.21M | 20.18M | 20.15M | 20.14M | 20.11M |
| Dividend Payout Ratio | - | - | - | - | - | - | 142.59% | 38.25% | 29.73% | 61.49% | 223.97% | 29.94% | 28.63% | 97.83% | 126.33% | 29.65% | 27.47% | 39.95% | 396.07% | 31.87% |