Simulations Plus, Inc.
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2015 | 76.0% | 32.0% | 21.0% |
| FY2016 | 77.0% | 36.2% | 24.8% |
| FY2017 | 73.9% | 34.2% | 24.0% |
| FY2018 | 73.1% | 34.7% | 30.1% |
| FY2019 | 73.4% | 31.3% | 25.3% |
| FY2020 | 74.4% | 27.9% | 22.4% |
| FY2021 | 77.2% | 24.2% | 21.1% |
| FY2022 | 79.9% | 27.7% | 23.2% |
| FY2023 | 80.5% | 14.6% | 16.7% |
| FY2024 | 61.6% | 8.8% | 14.2% |
In the short run, the market is a voting machine but in the long run, it is a weighing machine.