Quick Answer
Simulations Plus, Inc. reported R&D Expense of $6.88 million for fiscal year 2025.
Simulations Plus, Inc. R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2025 | $6.88M | +19.6% |
| 2024 | $5.75M | +27.8% |
| 2023 | $4.50M | +40.4% |
| 2022 | $3.21M | -20.7% |
| 2021 | $4.05M | +36.0% |
| 2020 | $2.98M | +19.0% |
| 2019 | $2.50M | +39.6% |
| 2018 | $1.79M | +30.9% |
| 2017 | $1.37M | -5.4% |
| 2016 | $1.45M | +8.8% |
| 2015 | $1.33M | +39.4% |
| 2014 | $952.8K | +18.7% |
| 2013 | $802.4K | -15.3% |
| 2012 | $947.6K | — |
Quarterly R&D Expense
| Quarter Ending | R&D Expense | YoY | QoQ |
|---|---|---|---|
| November 30, 2025 | $2.98M | +61.3% | +145.1% |
| May 31, 2025 | $1.22M | -6.5% | -43.3% |
| February 28, 2025 | $2.14M | +63.3% | +16.0% |
| November 30, 2024 | $1.85M | +51.8% | +42.2% |
| May 31, 2024 | $1.30M | +37.6% | -0.9% |
| February 29, 2024 | $1.31M | -0.4% | +7.8% |
| November 30, 2023 | $1.22M | +4.4% | +28.8% |
| May 31, 2023 | $945.0K | +44.3% | -28.2% |
- Simulations Plus, Inc. showed an increase of +19.6% in R&D Expense compared to the prior fiscal year.
- Over the 2012–2025 period, Simulations Plus, Inc.’s r&d expense has grown by 626.5% (from $947.6 thousand to $6.88 million).
- The most recent figure is from Simulations Plus, Inc.’s fiscal year 2025 report (Form 10-K), filed with the SEC on December 1, 2025.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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