Simulations Plus (SLP) Tax Rate (2010 - 2026)
Simulations Plus recorded quarterly Tax Rate of 23.79% in Q1 2026, down 23.09% quarter-over-quarter from 30.93% in Q4 2025, and up 1238.0% year-over-year from 1.78% in Q1 2025.
Simulations Plus' Tax Rate history runs 17 years deep, the most recent figure standing at 23.79% for Q1 2026.
- In Q1 2026, Tax Rate rose 1238.0% year-over-year to 23.79%; the TTM figure through Feb 2026 stood at 5.26% (down 1021.0% YoY), while the FY2025 annual figure was 6.72%, down 1308.0% from the prior year.
- Tax Rate came in at 23.79% for Q1 2026 at Simulations Plus, down from 30.93% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 173.34% in Q3 2025 to a low of 1301.45% in Q3 2023.
- A 5-year average of 42.08% and a median of 20.31% in 2022 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate plunged 145044 bps in 2023 and jumped 130805 bps in 2024, its largest moves.
- Simulations Plus' Tax Rate stood at 23.05% in 2022, then slipped by 17 bps to 19.16% in 2023, then increased by 24 bps to 23.7% in 2024, then jumped by 30 bps to 30.93% in 2025, then dropped by 23 bps to 23.79% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 23.79%, 30.93%, and 173.34% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 30.85 Bn | 24.28 Bn | 622.47 Mn | 23.09 |
| 2 | BrightSpring Health Services | 12.29 Bn | 11.41 Bn | 482.22 Mn | 10.32 |
| 3 | Healthequity | 7.80 Bn | 7.48 Bn | 256.31 Mn | 24.88 |
| 4 | Hinge Health | 4.82 Bn | 4.51 Bn | 154.23 Mn | 2.26 |
| 5 | Doximity | 4.21 Bn | 3.46 Bn | 125.97 Mn | 40.49 |
| 6 | Waystar Holding | 4.18 Bn | 4.03 Bn | 268.04 Mn | 27.58 |
| 7 | 10x Genomics | 3.78 Bn | 3.24 Bn | 106.18 Mn | -4.85 |
| 8 | Privia Health | 2.65 Bn | 2.28 Bn | 595.71 Mn | 60.15 |
| 9 | Omnicell | 1.95 Bn | 1.78 Bn | 140.36 Mn | 32.53 |
| 10 | Simulations Plus | 357.26 Mn | 315.42 Mn | 16.14 Mn | 23.79 |
Historic Data
Download Data| Date | Value |
|---|---|
| Feb 28, 2026 | 23.79 |
| Feb 28, 2026 | 23.79 |
| Nov 30, 2025 | 30.93 |
| Nov 30, 2025 | 30.93 |
| Aug 31, 2025 | 173.34 |
| Aug 31, 2025 | 173.34 |
| May 31, 2025 | 9.09 |
| May 31, 2025 | 9.09 |
| Feb 28, 2025 | 11.40 |
| Feb 28, 2025 | 11.40 |
| Nov 30, 2024 | 23.70 |
| Nov 30, 2024 | 23.70 |
| Aug 31, 2024 | 6.60 |
| Aug 31, 2024 | 6.60 |
| May 31, 2024 | 20.51 |
| May 31, 2024 | 20.51 |
| Feb 29, 2024 | 23.29 |
| Feb 29, 2024 | 23.29 |
| Nov 30, 2023 | 19.16 |
| Nov 30, 2023 | 19.16 |
| Aug 31, 2023 | -1,301.45 |
| Aug 31, 2023 | -1,301.45 |
| May 31, 2023 | 18.87 |
| May 31, 2023 | 18.87 |
| Feb 28, 2023 | 17.64 |
| Feb 28, 2023 | 17.64 |
| Nov 30, 2022 | 23.05 |
| Nov 30, 2022 | 23.05 |
| Aug 31, 2022 | 148.99 |
| Aug 31, 2022 | 148.99 |
| May 31, 2022 | 15.45 |
| May 31, 2022 | 15.45 |
| Feb 28, 2022 | 20.31 |
| Feb 28, 2022 | 20.31 |
| Nov 30, 2021 | 21.52 |
| Nov 30, 2021 | 21.52 |
| Aug 31, 2021 | -74.29 |
| Aug 31, 2021 | -74.29 |
| May 31, 2021 | 15.68 |
| May 31, 2021 | 15.68 |
| Feb 28, 2021 | 6.19 |
| Feb 28, 2021 | 6.19 |
| Nov 30, 2020 | 17.26 |
| Nov 30, 2020 | 17.26 |
| Aug 31, 2020 | -7.36 |
| Aug 31, 2020 | -7.36 |
| May 31, 2020 | 22.33 |
| May 31, 2020 | 22.33 |
| Feb 29, 2020 | 24.19 |
| Feb 29, 2020 | 24.19 |
| Nov 30, 2019 | 24.70 |
| Nov 30, 2019 | 24.70 |
| Aug 31, 2019 | -3.65 |
| Aug 31, 2019 | -3.65 |
| May 31, 2019 | 25.02 |
| May 31, 2019 | 25.02 |
| Feb 28, 2019 | 22.12 |
| Feb 28, 2019 | 22.12 |
| Nov 30, 2018 | 24.02 |
| Nov 30, 2018 | 24.02 |
| Aug 31, 2018 | 27.31 |
| Aug 31, 2018 | 27.31 |
| May 31, 2018 | 29.16 |
| May 31, 2018 | 29.16 |
| Feb 28, 2018 | -45.72 |
| Feb 28, 2018 | -45.72 |
| Nov 30, 2017 | 31.82 |
| Nov 30, 2017 | 31.82 |
| Aug 31, 2017 | 30.73 |
| Aug 31, 2017 | 30.73 |
| May 31, 2017 | 32.57 |
| May 31, 2017 | 32.57 |
| Feb 28, 2017 | 33.01 |
| Feb 28, 2017 | 33.01 |
| Nov 30, 2016 | 30.80 |
| Nov 30, 2016 | 30.80 |
| Aug 31, 2016 | 23.17 |
| Aug 31, 2016 | 23.17 |
| May 31, 2016 | 31.82 |
| May 31, 2016 | 31.82 |
| Feb 29, 2016 | 32.30 |
| Feb 29, 2016 | 32.30 |
| Nov 30, 2015 | 35.56 |
| Nov 30, 2015 | 35.56 |
| Aug 31, 2015 | 19.44 |
| Aug 31, 2015 | 19.44 |
| May 31, 2015 | 34.37 |
| May 31, 2015 | 34.37 |
| Feb 28, 2015 | 32.85 |
| Feb 28, 2015 | 32.85 |
| Nov 30, 2014 | 29.12 |
| Nov 30, 2014 | 29.12 |
| Aug 31, 2014 | -428.89 |
| Aug 31, 2014 | -428.89 |
| May 31, 2014 | 37.42 |
| May 31, 2014 | 37.42 |
| Feb 28, 2014 | 29.22 |
| Feb 28, 2014 | 29.22 |
| Nov 30, 2013 | 30.94 |
| Nov 30, 2013 | 30.94 |
| Aug 31, 2013 | -151.64 |
| Aug 31, 2013 | -151.64 |
| May 31, 2013 | 35.74 |
| May 31, 2013 | 35.74 |
| Feb 28, 2013 | 32.48 |
| Feb 28, 2013 | 32.48 |
| Nov 30, 2012 | 34.46 |
| Nov 30, 2012 | 34.46 |
| Aug 31, 2012 | -2.80 |
| Aug 31, 2012 | -2.80 |
| May 31, 2012 | 32.71 |
| May 31, 2012 | 32.71 |
| Feb 29, 2012 | 33.42 |
| Feb 29, 2012 | 33.42 |
| Nov 30, 2011 | 29.02 |
| Nov 30, 2011 | 29.02 |
| Aug 31, 2011 | -9.44 |
| Aug 31, 2011 | -9.44 |
| May 31, 2011 | 23.52 |
| May 31, 2011 | 23.52 |
| Feb 28, 2011 | 34.92 |
| Feb 28, 2011 | 34.92 |
| Nov 30, 2010 | 30.84 |
| Nov 30, 2010 | 30.84 |