Simulations Plus (SLP) Gross Margin (2010 - 2026)
Simulations Plus (SLP) posted Gross Margin of 69.12% for Q2 2026, up 4.0% sequentially from 66.46% in Q1 2026, and up 512.0% YoY from 11.29% in Q2 2025.
Simulations Plus (SLP) Gross Margin (2010 - 2026) Analysis & Trends
Simulations Plus has reported Gross Margin for 17 years, with the latest figure at 69.12% in Q2 2026.
- Quarterly Gross Margin rose 512.0% year-over-year to 69.12% in Q2 2026, while the trailing twelve-month figure through May 2026 was 63.38% (up 963.0% YoY) and the FY2025 annual result came in at 58.38%, down 326.0% from the prior year.
- Gross Margin improved to 69.12% in Q2 2026 per SLP's latest filing, from 66.46% in the prior quarter.
- Over five years, Gross Margin peaked at 83.37% in Q1 2023 and troughed at 36.57% in Q3 2024.
- A 5-year average of 68.77% and a median of 70.3% in 2024 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2024 and 2025: Gross Margin plunged 4182 bps in 2024, then jumped 1981 bps in 2025.
- Over 5 years, Gross Margin stood at 77.67% in 2022, then fell by 13 bps to 67.92% in 2023, then retreated by 20 bps to 53.99% in 2024, then climbed by 9 bps to 59.12% in 2025, then gained by 17 bps to 69.12% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 69.12%, 66.46%, and 59.12% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 39.72 Bn | 32.40 Bn | 662.02 Mn | 74.98% |
| 2 | BrightSpring Health Services | 12.19 Bn | 11.64 Bn | 492.75 Mn | 12.72% |
| 3 | Healthequity | 8.79 Bn | 8.52 Bn | 256.31 Mn | 72.27% |
| 4 | 10x Genomics | 7.31 Bn | 6.76 Bn | 112.50 Mn | 74.48% |
| 5 | Hinge Health | 7.10 Bn | 6.71 Bn | 183.95 Mn | 86.44% |
| 6 | MiniMed | 5.66 Bn | 5.36 Bn | 480.00 Mn | 57.35% |
| 7 | Waystar Holding | 4.76 Bn | 4.56 Bn | 221.99 Mn | 69.44% |
| 8 | Doximity | 4.46 Bn | 3.77 Bn | 132.93 Mn | 84.87% |
| 9 | Heartflow | 3.66 Bn | 3.28 Bn | 53.19 Mn | 83.00% |
| 10 | Simulations Plus | 370.97 Mn | 320.98 Mn | 15.13 Mn | 69.12% |
Historic Data
Download Data| Date | Value |
|---|---|
| May 31, 2026 | 69.12% |
| 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% |