Simulations Plus (SLP) Gross Margin (2010 - 2026)
Simulations Plus recorded quarterly Gross Margin of 66.46% in Q1 2026, up 12.4% quarter-over-quarter from 59.12% in Q4 2025, and up 794.0% year-over-year from 7.43% in Q1 2025.
Simulations Plus' Gross Margin history runs 17 years deep, the most recent figure standing at 66.46% for Q1 2026.
- In Q1 2026, Gross Margin rose 794.0% year-over-year to 66.46%; the TTM figure through Feb 2026 stood at 61.97% (up 670.0% YoY), while the FY2025 annual figure was 58.38%, down 326.0% from the prior year.
- Gross Margin came in at 66.46% for Q1 2026 at Simulations Plus, up from 59.12% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 83.37% in Q1 2023 to a low of 36.57% in Q3 2024.
- A 5-year average of 68.75% and a median of 71.49% in 2024 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin tumbled 4182 bps in 2024 and soared 1981 bps in 2025, its largest moves.
- Simulations Plus' Gross Margin stood at 77.67% in 2022, then declined by 13 bps to 67.92% in 2023, then fell by 20 bps to 53.99% in 2024, then advanced by 9 bps to 59.12% in 2025, then climbed by 12 bps to 66.46% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 66.46%, 59.12%, and 56.38% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 30.85 Bn | 24.28 Bn | 622.47 Mn | 74.46% |
| 2 | BrightSpring Health Services | 12.29 Bn | 11.41 Bn | 482.22 Mn | 13.34% |
| 3 | Healthequity | 7.80 Bn | 7.48 Bn | 256.31 Mn | 72.27% |
| 4 | Hinge Health | 4.82 Bn | 4.51 Bn | 154.23 Mn | 84.60% |
| 5 | Doximity | 4.21 Bn | 3.46 Bn | 125.97 Mn | 86.65% |
| 6 | Waystar Holding | 4.18 Bn | 4.03 Bn | 268.04 Mn | 85.40% |
| 7 | 10x Genomics | 3.78 Bn | 3.24 Bn | 106.18 Mn | 70.39% |
| 8 | Privia Health | 2.65 Bn | 2.28 Bn | 595.71 Mn | 98.65% |
| 9 | Omnicell | 1.95 Bn | 1.78 Bn | 140.36 Mn | 45.30% |
| 10 | Simulations Plus | 357.26 Mn | 315.42 Mn | 16.14 Mn | 66.46% |
Historic Data
Download Data| Date | Value |
|---|---|
| Feb 28, 2026 | 66.46% |
| Nov 30, 2025 | 59.12% |
| Aug 31, 2025 | 56.38% |
| May 31, 2025 | 64.00% |
| Feb 28, 2025 | 58.52% |
| Nov 30, 2024 | 53.99% |
| Aug 31, 2024 | 36.57% |
| May 31, 2024 | 71.49% |
| Feb 29, 2024 | 72.23% |
| Nov 30, 2023 | 67.92% |
| Aug 31, 2023 | 78.39% |
| May 31, 2023 | 81.76% |
| Feb 28, 2023 | 83.37% |
| Nov 30, 2022 | 77.67% |
| Aug 31, 2022 | 77.19% |
| May 31, 2022 | 82.89% |
| Feb 28, 2022 | 80.87% |
| Nov 30, 2021 | 77.80% |
| Aug 31, 2021 | 71.70% |
| May 31, 2021 | 80.66% |
| Feb 28, 2021 | 77.86% |
| Nov 30, 2020 | 77.26% |
| Aug 31, 2020 | 71.96% |
| May 31, 2020 | 78.33% |
| Feb 29, 2020 | 74.23% |
| Nov 30, 2019 | 71.90% |
| Aug 31, 2019 | 71.46% |
| May 31, 2019 | 76.61% |
| Feb 28, 2019 | 73.94% |
| Nov 30, 2018 | 70.81% |
| Aug 31, 2018 | 68.30% |
| May 31, 2018 | 76.35% |
| Feb 28, 2018 | 71.24% |
| Nov 30, 2017 | 75.44% |
| Aug 31, 2017 | 68.51% |
| May 31, 2017 | 78.59% |
| Feb 28, 2017 | 72.76% |
| Nov 30, 2016 | 75.34% |
| Aug 31, 2016 | 73.22% |
| May 31, 2016 | 80.12% |
| Feb 29, 2016 | 75.52% |
| Nov 30, 2015 | 77.60% |
| Aug 31, 2015 | 70.79% |
| May 31, 2015 | 80.94% |
| Feb 28, 2015 | 75.28% |
| Nov 30, 2014 | 75.58% |
| Aug 31, 2014 | 76.93% |
| May 31, 2014 | 93.92% |
| Feb 28, 2014 | 84.03% |
| Nov 30, 2013 | 83.02% |
| Aug 31, 2013 | 80.29% |
| May 31, 2013 | 85.40% |
| Feb 28, 2013 | 84.00% |
| Nov 30, 2012 | 83.11% |
| Aug 31, 2012 | 80.27% |
| May 31, 2012 | 84.21% |
| Feb 29, 2012 | 85.78% |
| Nov 30, 2011 | 84.32% |
| Aug 31, 2011 | 77.90% |
| May 31, 2011 | 82.80% |
| Feb 28, 2011 | 84.26% |
| Nov 30, 2010 | 82.75% |