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How Simulations Plus, Inc. makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$79.2M · 100%Cost of revenue$33M · 42%Gross profit$46.2M · 58%Operating income−$70.7M · −89%Income before tax−$69.4M · −88%Income tax−$4.7M · −6%Net income−$64.7M · −82%As of 2025-08-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$79.2M100%
  • 10-K · FY 2025Filing detailsAccession 0001023459-25-000060 · filed Dec 1, 2025
Cost of revenue$33M42%
  • 10-K · FY 2025Filing detailsAccession 0001023459-25-000060 · filed Dec 1, 2025
$46.2M58%
  • 10-K · FY 2025Filing detailsAccession 0001023459-25-000060 · filed Dec 1, 2025
−$70.7M−89%
  • 10-K · FY 2025Filing detailsAccession 0001023459-25-000060 · filed Dec 1, 2025
Income before tax−$69.4M−88%
  • 10-K · FY 2025Filing detailsAccession 0001023459-25-000060 · filed Dec 1, 2025
Income tax−$4.7M−6%
  • 10-K · FY 2025Filing detailsAccession 0001023459-25-000060 · filed Dec 1, 2025
−$64.7M−82%
  • 10-K · FY 2025Filing detailsAccession 0001023459-25-000060 · filed Dec 1, 2025
Source:
  • 10-K · FY 2025Filing detailsAccession 0001023459-25-000060 · filed Dec 1, 2025
· event Aug 31, 2025 · retrieved Oct 16, 2026 · annual-row source set
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