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Side-by-side financial comparison of Certara, Inc. (CERT) and Clarus Corp (CLAR). Click either name above to swap in a different company.

Certara, Inc. is the larger business by last-quarter revenue ($103.6M vs $65.4M, roughly 1.6× Clarus Corp). Certara, Inc. runs the higher net margin — -5.7% vs -47.8%, a 42.1% gap on every dollar of revenue. On growth, Certara, Inc. posted the faster year-over-year revenue change (3.3% vs -8.4%). Certara, Inc. produced more free cash flow last quarter ($27.8M vs $11.6M). Over the past eight quarters, Certara, Inc.'s revenue compounded faster (3.6% CAGR vs -2.9%).

Certara is a global leader in biopharmaceutical software and consulting services, specializing in modeling, simulation, and regulatory science solutions. It serves pharmaceutical companies, biotech firms and healthcare stakeholders across all drug development stages, helping accelerate new therapy launches, lower R&D risks and cut overall development costs.

Clarus Corp is a global designer, manufacturer, and distributor of high-performance outdoor recreation, climbing, camping, and lifestyle products. It manages a portfolio of leading consumer brands, serving outdoor enthusiasts, professional athletes, and retail partners across North America, Europe, and the Asia-Pacific region, with a focus on innovative, durable gear for active lifestyles.

CERT vs CLAR — Head-to-Head

Bigger by revenue
CERT
CERT
1.6× larger
CERT
$103.6M
$65.4M
CLAR
Growing faster (revenue YoY)
CERT
CERT
+11.7% gap
CERT
3.3%
-8.4%
CLAR
Higher net margin
CERT
CERT
42.1% more per $
CERT
-5.7%
-47.8%
CLAR
More free cash flow
CERT
CERT
$16.2M more FCF
CERT
$27.8M
$11.6M
CLAR
Faster 2-yr revenue CAGR
CERT
CERT
Annualised
CERT
3.6%
-2.9%
CLAR

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CERT
CERT
CLAR
CLAR
Revenue
$103.6M
$65.4M
Net Profit
$-5.9M
$-31.3M
Gross Margin
27.7%
Operating Margin
0.8%
-59.6%
Net Margin
-5.7%
-47.8%
Revenue YoY
3.3%
-8.4%
Net Profit YoY
-189.6%
52.3%
EPS (diluted)
$-0.04
$-0.81

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CERT
CERT
CLAR
CLAR
Q4 25
$103.6M
$65.4M
Q3 25
$104.6M
$69.3M
Q2 25
$104.6M
$55.2M
Q1 25
$106.0M
$60.4M
Q4 24
$100.4M
$71.4M
Q3 24
$94.8M
$67.1M
Q2 24
$93.3M
$56.5M
Q1 24
$96.7M
$69.3M
Net Profit
CERT
CERT
CLAR
CLAR
Q4 25
$-5.9M
$-31.3M
Q3 25
$1.5M
$-1.6M
Q2 25
$-2.0M
$-8.4M
Q1 25
$4.7M
$-5.2M
Q4 24
$6.6M
$-65.5M
Q3 24
$-1.4M
$-3.2M
Q2 24
$-12.6M
$-5.5M
Q1 24
$-4.7M
$21.9M
Gross Margin
CERT
CERT
CLAR
CLAR
Q4 25
27.7%
Q3 25
35.1%
Q2 25
35.6%
Q1 25
34.4%
Q4 24
33.4%
Q3 24
35.0%
Q2 24
36.1%
Q1 24
35.9%
Operating Margin
CERT
CERT
CLAR
CLAR
Q4 25
0.8%
-59.6%
Q3 25
2.9%
-4.4%
Q2 25
9.1%
-19.7%
Q1 25
7.2%
-11.2%
Q4 24
6.0%
-70.2%
Q3 24
2.7%
-8.0%
Q2 24
-9.7%
-14.4%
Q1 24
-1.3%
-9.8%
Net Margin
CERT
CERT
CLAR
CLAR
Q4 25
-5.7%
-47.8%
Q3 25
1.5%
-2.3%
Q2 25
-1.9%
-15.3%
Q1 25
4.5%
-8.7%
Q4 24
6.6%
-91.8%
Q3 24
-1.4%
-4.7%
Q2 24
-13.5%
-9.7%
Q1 24
-4.8%
31.6%
EPS (diluted)
CERT
CERT
CLAR
CLAR
Q4 25
$-0.04
$-0.81
Q3 25
$0.01
$-0.04
Q2 25
$-0.01
$-0.22
Q1 25
$0.03
$-0.14
Q4 24
$0.04
$-1.72
Q3 24
$-0.01
$-0.08
Q2 24
$-0.08
$-0.14
Q1 24
$-0.03
$0.57

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CERT
CERT
CLAR
CLAR
Cash + ST InvestmentsLiquidity on hand
$189.4M
$36.7M
Total DebtLower is stronger
$293.1M
$0
Stockholders' EquityBook value
$1.1B
$196.4M
Total Assets
$1.6B
$249.0M
Debt / EquityLower = less leverage
0.28×
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CERT
CERT
CLAR
CLAR
Q4 25
$189.4M
$36.7M
Q3 25
$172.7M
$29.5M
Q2 25
$162.3M
$28.5M
Q1 25
$179.1M
$41.3M
Q4 24
$179.2M
$45.4M
Q3 24
$233.0M
$36.4M
Q2 24
$224.6M
$46.2M
Q1 24
$224.8M
$47.5M
Total Debt
CERT
CERT
CLAR
CLAR
Q4 25
$293.1M
$0
Q3 25
$293.5M
$2.0M
Q2 25
$294.2M
$1.9M
Q1 25
$294.8M
$1.9M
Q4 24
$295.4M
$1.9M
Q3 24
$296.1M
Q2 24
$296.7M
Q1 24
$290.8M
$37.0K
Stockholders' Equity
CERT
CERT
CLAR
CLAR
Q4 25
$1.1B
$196.4M
Q3 25
$1.1B
$225.8M
Q2 25
$1.1B
$225.1M
Q1 25
$1.1B
$229.3M
Q4 24
$1.1B
$233.1M
Q3 24
$1.1B
$308.5M
Q2 24
$1.0B
$307.3M
Q1 24
$1.1B
$310.4M
Total Assets
CERT
CERT
CLAR
CLAR
Q4 25
$1.6B
$249.0M
Q3 25
$1.5B
$283.1M
Q2 25
$1.5B
$286.5M
Q1 25
$1.6B
$292.8M
Q4 24
$1.6B
$294.1M
Q3 24
$1.5B
$375.3M
Q2 24
$1.5B
$369.4M
Q1 24
$1.5B
$377.0M
Debt / Equity
CERT
CERT
CLAR
CLAR
Q4 25
0.28×
0.00×
Q3 25
0.28×
0.01×
Q2 25
0.27×
0.01×
Q1 25
0.27×
0.01×
Q4 24
0.28×
0.01×
Q3 24
0.28×
Q2 24
0.28×
Q1 24
0.28×
0.00×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CERT
CERT
CLAR
CLAR
Operating Cash FlowLast quarter
$28.8M
$12.5M
Free Cash FlowOCF − Capex
$27.8M
$11.6M
FCF MarginFCF / Revenue
26.8%
17.7%
Capex IntensityCapex / Revenue
1.0%
1.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$94.4M
$-9.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CERT
CERT
CLAR
CLAR
Q4 25
$28.8M
$12.5M
Q3 25
$32.3M
$-5.7M
Q2 25
$17.8M
$-9.4M
Q1 25
$17.4M
$-2.1M
Q4 24
$49.4M
$16.6M
Q3 24
$17.0M
$-8.3M
Q2 24
$9.8M
$834.0K
Q1 24
$4.3M
$-16.4M
Free Cash Flow
CERT
CERT
CLAR
CLAR
Q4 25
$27.8M
$11.6M
Q3 25
$32.1M
$-7.0M
Q2 25
$17.8M
$-11.3M
Q1 25
$16.8M
$-3.3M
Q4 24
$49.0M
$14.4M
Q3 24
$16.8M
$-9.4M
Q2 24
$9.4M
$-744.0K
Q1 24
$3.7M
$-18.3M
FCF Margin
CERT
CERT
CLAR
CLAR
Q4 25
26.8%
17.7%
Q3 25
30.7%
-10.0%
Q2 25
17.0%
-20.4%
Q1 25
15.8%
-5.4%
Q4 24
48.8%
20.1%
Q3 24
17.7%
-14.0%
Q2 24
10.1%
-1.3%
Q1 24
3.8%
-26.3%
Capex Intensity
CERT
CERT
CLAR
CLAR
Q4 25
1.0%
1.4%
Q3 25
0.2%
1.8%
Q2 25
0.1%
3.4%
Q1 25
0.6%
2.0%
Q4 24
0.4%
3.1%
Q3 24
0.2%
1.6%
Q2 24
0.5%
2.8%
Q1 24
0.6%
2.7%
Cash Conversion
CERT
CERT
CLAR
CLAR
Q4 25
Q3 25
21.19×
Q2 25
Q1 25
3.66×
Q4 24
7.51×
Q3 24
Q2 24
Q1 24
-0.75×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CERT
CERT

Segment breakdown not available.

CLAR
CLAR

Other$37.1M57%
Outdoor Segment$25.3M39%
Adventure Segment$3.0M5%

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