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
DateValue
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%