Growth Metrics

Simulations Plus (SLP) Cost of Revenue (2010 - 2026)

Simulations Plus recorded quarterly Cost of Revenue of $8.1 million in Q1 2026, up 8.21% quarter-over-quarter from $7.5 million in Q4 2025, and up 119.21% year-over-year from $3.7 million in Q1 2025.

Simulations Plus' Cost of Revenue history runs 17 years deep, the most recent figure standing at $8.1 million for Q1 2026.

  • In Q1 2026, Cost of Revenue rose 119.21% year-over-year to $8.1 million; the TTM figure through Feb 2026 stood at $9.6 million (down 17.51% YoY), while the FY2025 annual figure was $11.9 million, up 33.53% from the prior year.
  • Cost of Revenue came in at $8.1 million for Q1 2026 at Simulations Plus, up from $7.5 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $8.7 million in Q4 2024 to a low of -$13.4 million in Q3 2025.
  • A 5-year average of $2.8 million and a median of $3.0 million in 2023 frame the typical range for Cost of Revenue.
  • On a YoY basis, Cost of Revenue climbed as much as 337.71% in 2024 and fell as far as 280.82% in 2024.
  • Simulations Plus' Cost of Revenue stood at $2.7 million in 2022, then dropped by 25.53% to $2.0 million in 2023, then surged by 337.71% to $8.7 million in 2024, then slipped by 13.51% to $7.5 million in 2025, then gained by 8.21% to $8.1 million in 2026.
  • According to Business Quant data, Cost of Revenue over the past three periods registered $8.1 million, $7.5 million, and -$13.4 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Veeva Systems 30.85 Bn 24.28 Bn 622.47 Mn 110.18 Mn
2 BrightSpring Health Services 12.29 Bn 11.41 Bn 482.22 Mn 260.92 Mn
3 Healthequity 7.80 Bn 7.48 Bn 256.31 Mn 26.83 Mn
4 Hinge Health 4.82 Bn 4.51 Bn 154.23 Mn 28.07 Mn
5 Doximity 4.21 Bn 3.46 Bn 125.97 Mn 112.73 Mn
6 Waystar Holding 4.18 Bn 4.03 Bn 268.04 Mn 45.83 Mn
7 10x Genomics 3.78 Bn 3.24 Bn 106.18 Mn 44.67 Mn
8 Privia Health 2.65 Bn 2.28 Bn 595.71 Mn 8.13 Mn
9 Omnicell 1.95 Bn 1.78 Bn 140.36 Mn 169.52 Mn
10 Simulations Plus 357.26 Mn 315.42 Mn 16.14 Mn 8.15 Mn

Historic Data

Download Data 🔒
DateValue
Feb 28, 2026 8.15 Mn
Feb 28, 2026 8.15 Mn
Nov 30, 2025 7.53 Mn
Nov 30, 2025 7.53 Mn
Aug 31, 2025 -13.44 Mn
Aug 31, 2025 -13.44 Mn
May 31, 2025 7.33 Mn
May 31, 2025 7.33 Mn
Feb 28, 2025 3.72 Mn
Feb 28, 2025 3.72 Mn
Nov 30, 2024 8.71 Mn
Nov 30, 2024 8.71 Mn
Aug 31, 2024 -6.11 Mn
Aug 31, 2024 -6.11 Mn
May 31, 2024 5.29 Mn
May 31, 2024 5.29 Mn
Feb 29, 2024 5.08 Mn
Feb 29, 2024 5.08 Mn
Nov 30, 2023 1.99 Mn
Nov 30, 2023 1.99 Mn
Aug 31, 2023 3.38 Mn
Aug 31, 2023 3.38 Mn
May 31, 2023 2.96 Mn
May 31, 2023 2.96 Mn
Feb 28, 2023 2.62 Mn
Feb 28, 2023 2.62 Mn
Nov 30, 2022 2.67 Mn
Nov 30, 2022 2.67 Mn
Aug 31, 2022 2.68 Mn
Aug 31, 2022 2.68 Mn
May 31, 2022 2.56 Mn
May 31, 2022 2.56 Mn
Feb 28, 2022 2.83 Mn
Feb 28, 2022 2.83 Mn
Nov 30, 2021 2.76 Mn
Nov 30, 2021 2.76 Mn
Aug 31, 2021 2.79 Mn
Aug 31, 2021 2.79 Mn
May 31, 2021 2.47 Mn
May 31, 2021 2.47 Mn
Feb 28, 2021 2.91 Mn
Feb 28, 2021 2.91 Mn
Nov 30, 2020 2.43 Mn
Nov 30, 2020 2.43 Mn
Aug 31, 2020 2.67 Mn
Aug 31, 2020 2.67 Mn
May 31, 2020 2.67 Mn
May 31, 2020 2.67 Mn
Feb 29, 2020 2.67 Mn
Feb 29, 2020 2.67 Mn
Nov 30, 2019 2.64 Mn
Nov 30, 2019 2.64 Mn
Aug 31, 2019 2.29 Mn
Aug 31, 2019 2.29 Mn
May 31, 2019 2.32 Mn
May 31, 2019 2.32 Mn
Feb 28, 2019 2.21 Mn
Feb 28, 2019 2.21 Mn
Nov 30, 2018 2.20 Mn
Nov 30, 2018 2.20 Mn
Aug 31, 2018 2.12 Mn
Aug 31, 2018 2.12 Mn
May 31, 2018 2.02 Mn
May 31, 2018 2.02 Mn
Feb 28, 2018 2.12 Mn
Feb 28, 2018 2.12 Mn
Nov 30, 2017 1.74 Mn
Nov 30, 2017 1.74 Mn
Aug 31, 2017 1.97 Mn
Aug 31, 2017 1.97 Mn
May 31, 2017 1.44 Mn
May 31, 2017 1.44 Mn
Feb 28, 2017 1.55 Mn
Feb 28, 2017 1.55 Mn
Nov 30, 2016 1.34 Mn
Nov 30, 2016 1.34 Mn
Aug 31, 2016 1.06 Mn
Aug 31, 2016 1.06 Mn
May 31, 2016 1.19 Mn
May 31, 2016 1.19 Mn
Feb 29, 2016 1.26 Mn
Feb 29, 2016 1.26 Mn
Nov 30, 2015 1.08 Mn
Nov 30, 2015 1.08 Mn
Aug 31, 2015 1.08 Mn
Aug 31, 2015 1.08 Mn
May 31, 2015 1.13 Mn
May 31, 2015 1.13 Mn
Feb 28, 2015 1.13 Mn
Feb 28, 2015 1.13 Mn
Nov 30, 2014 997,734.00
Nov 30, 2014 997,734.00
Aug 31, 2014 460,850.00
Aug 31, 2014 460,850.00
May 31, 2014 227,600.00
May 31, 2014 227,600.00
Feb 28, 2014 492,199.00
Feb 28, 2014 492,199.00
Nov 30, 2013 448,420.00
Nov 30, 2013 448,420.00
Aug 31, 2013 308,947.00
Aug 31, 2013 308,947.00
May 31, 2013 451,935.00
May 31, 2013 451,935.00
Feb 28, 2013 498,778.00
Feb 28, 2013 498,778.00
Nov 30, 2012 386,870.00
Nov 30, 2012 386,870.00
Aug 31, 2012 323,478.00
Aug 31, 2012 323,478.00
May 31, 2012 437,734.00
May 31, 2012 437,734.00
Feb 29, 2012 396,566.00
Feb 29, 2012 396,566.00
Nov 30, 2011 352,370.00
Nov 30, 2011 352,370.00
Aug 31, 2011 315,418.00
Aug 31, 2011 315,418.00
May 31, 2011 453,907.00
May 31, 2011 453,907.00
Feb 28, 2011 412,778.00
Feb 28, 2011 412,778.00
Nov 30, 2010 353,656.00
Nov 30, 2010 353,656.00