Simulations Plus, Inc.
Company Stats
- Market Cap
- $372.7M
- as of Sep 30, 2026
- Shares Outstanding
- 20.2M
- Free Float
- 80.6%
Income Statement
- Revenue
- $79.2M
- Operating Income
- -$70.7M
- Net Income
- -$64.7M
- EBITDA
- -$70.4M
- Non-cash Impairment
- $77.2M
- Revenue Growth, 3Y
- 13.7%
- FCF Margin, 3Y Avg
- 25.4%
- FCF Margin, Worst Year
- 18.2%
Cash Flow
- Free Cash Flow
- $17.4M
- FCF Yield
- 4.7%
- Owner FCF Yield
- 3.0%
Balance Sheet
- Cash & Equivalents
- $30.9M
Returns & Capital
- Buyback Yield, 3Y Avg
- 1.8%
- SBC, 3Y Avg
- $5.9M
Cash Flow by Year
| Year | Revenue | FCF | Margin |
|---|---|---|---|
| FY2025 | $79.2M | $17.4M | 22.0% |
| FY2024 | $70.0M | $12.8M | 18.2% |
| FY2023 | $59.6M | $21.4M | 35.9% |
| FY2022 | $53.9M | $17.1M | 31.7% |
| FY2021 | $46.5M | $17.6M | 37.8% |
Annual filing data through FY ended August 31, 2025; shares and float as of October 26, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.
Coverage
October 11, 2026
Weekly Deals
Micro-Cap Deals Roundup for Week of Oct. 5, 2026
October 9, 2026
Industry Earnings Roundup
Aci Lifts 2026 Guidance as Software Demand Stays Positive
September 28, 2026
QBook
Stronger demand supports expansion as pricing diverges
July 16, 2026
Small-Cap Signal
AI Infrastructure Pivot Trumps Legacy Cloud Resale
July 9, 2026
Deals
Simulations Plus Signs Altaris Takeover After Services-Led Quarter
Micro-Cap Deals Roundup for Week of Oct. 5, 2026
October 9, 2026
Industry Earnings Roundup
Aci Lifts 2026 Guidance as Software Demand Stays Positive
September 28, 2026
QBook
Stronger demand supports expansion as pricing diverges
July 16, 2026
Small-Cap Signal
AI Infrastructure Pivot Trumps Legacy Cloud Resale
July 9, 2026
Deals
Simulations Plus Signs Altaris Takeover After Services-Led Quarter