Simulations Plus, Inc. (SLP) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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SLP Revenue Growth
Revenue Breakdown (FY 2025)
SLP's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
SLP Revenue Analysis (2014–2025)
As of May 8, 2026, Simulations Plus, Inc. (SLP) generated trailing twelve-month (TTM) revenue of $78.7 million, reflecting slight decline in growth of -2.7% year-over-year. The most recent quarter (Q1 2026) recorded $18.4 million in revenue, up 5.5% sequentially.
Looking at the longer-term picture, SLP's 5-year compound annual growth rate (CAGR) stands at +13.7%, indicating consistent double-digit revenue growth. The company achieved its highest annual revenue of $79.2 million in 2025, representing a new all-time high.
Revenue diversification analysis shows SLP's business is primarily driven by License and Maintenance (58%), and Service (42%). With over half of revenue concentrated in License and Maintenance, the company maintains significant focus in this area while developing other growth vectors.
When compared to Healthcare sector peers including VEEV (+16.3% YoY), CERT (+8.7% YoY), and SCYX (+449.9% YoY), SLP has underperformed the peer group in terms of revenue growth. Compare SLP vs VEEV →
SLP Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| SLPCurrent | $79M | -2.7% | +13.7% | -89.3% | |
 VEEV | $3.2B | +16.3% | +16.9% | 28.7% | |
 CERT | $419M | +8.7% | +11.5% | 5.0% | |
 SCYX | $21M | +449.9% | - | -78.0% | |
 SDGR | $256M | +10.6% | +18.8% | -65.2% |
SLP Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $79.2M | +13.1% | $46.2M | 58.4% | $-70,729,000 | -89.3% |
| 2024 | $70.0M | +17.5% | $43.2M | 61.6% | $6.1M | 8.8% |
| 2023 | $59.6M | +10.5% | $47.9M | 80.5% | $8.7M | 14.6% |
| 2022 | $53.9M | +16.0% | $43.1M | 79.9% | $14.9M | 27.7% |
| 2021 | $46.5M | +11.7% | $35.9M | 77.2% | $11.3M | 24.2% |
| 2020 | $41.6M | +22.4% | $30.9M | 74.4% | $11.6M | 27.9% |
| 2019 | $34.0M | +14.5% | $24.9M | 73.4% | $10.6M | 31.3% |
| 2018 | $29.7M | +22.9% | $21.7M | 73.1% | $10.3M | 34.7% |
| 2017 | $24.1M | +20.9% | $17.8M | 73.9% | $8.3M | 34.2% |
| 2016 | $20.0M | +9.1% | $15.4M | 77.0% | $7.2M | 36.2% |
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Start ComparisonSLP — Frequently Asked Questions
Quick answers to the most common questions about buying SLP stock.
Is SLP's revenue growth accelerating or slowing?
SLP revenue growth slowed to -2.7%, below the 5-year CAGR of +13.7%. TTM revenue is $79M. The deceleration marks a shift from historical growth rates.
What is SLP's long-term revenue growth rate?
Simulations Plus, Inc.'s 5-year revenue CAGR of +13.7% reflects the variable expansion pattern. Current YoY growth of -2.7% is near this long-term average.
How is SLP's revenue distributed by segment?
SLP reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.