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Side-by-side financial comparison of Sol-Gel Technologies Ltd. (SLGL) and Simulations Plus, Inc. (SLP). Click either name above to swap in a different company.

Simulations Plus, Inc. is the larger business by last-quarter revenue ($18.4M vs $17.3M, roughly 1.1× Sol-Gel Technologies Ltd.). Sol-Gel Technologies Ltd. runs the higher net margin — 67.3% vs 3.7%, a 63.6% gap on every dollar of revenue. On growth, Sol-Gel Technologies Ltd. posted the faster year-over-year revenue change (217.7% vs -2.7%).

Sol-Gel Technologies Ltd. is a specialty biopharmaceutical company focused on developing and commercializing innovative dermatology treatments. Leveraging its proprietary sol-gel delivery technology, it creates topical therapies for common skin conditions including acne, rosacea and atopic dermatitis, with primary markets across North America and Europe, partnering with established healthcare firms to expand product reach.

Simulations Plus, Inc. develops absorption, distribution, metabolism, excretion, and toxicity (ADMET) modeling and simulation software for the pharmaceutical and biotechnology, industrial chemicals, cosmetics, food ingredients, and herbicide industries. In September 2014, the company acquired Cognigen Corporation, a provider of clinical trial data analysis and consulting services.

SLGL vs SLP — Head-to-Head

Bigger by revenue
SLP
SLP
1.1× larger
SLP
$18.4M
$17.3M
SLGL
Growing faster (revenue YoY)
SLGL
SLGL
+220.4% gap
SLGL
217.7%
-2.7%
SLP
Higher net margin
SLGL
SLGL
63.6% more per $
SLGL
67.3%
3.7%
SLP

Income Statement — Q2 FY2025 vs Q1 FY2026

Metric
SLGL
SLGL
SLP
SLP
Revenue
$17.3M
$18.4M
Net Profit
$11.6M
$676.0K
Gross Margin
59.1%
Operating Margin
65.1%
3.9%
Net Margin
67.3%
3.7%
Revenue YoY
217.7%
-2.7%
Net Profit YoY
487.6%
228.2%
EPS (diluted)
$4.17
$0.03

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
SLGL
SLGL
SLP
SLP
Q4 25
$18.4M
Q3 25
$17.5M
Q2 25
$17.3M
$20.4M
Q1 25
$22.4M
Q4 24
$18.9M
Q3 24
$18.7M
Q2 24
$5.4M
$18.5M
Q1 24
$18.3M
Net Profit
SLGL
SLGL
SLP
SLP
Q4 25
$676.0K
Q3 25
$-681.0K
Q2 25
$11.6M
$-67.3M
Q1 25
$3.1M
Q4 24
$206.0K
Q3 24
$843.0K
Q2 24
$2.0M
$3.1M
Q1 24
$4.0M
Gross Margin
SLGL
SLGL
SLP
SLP
Q4 25
59.1%
Q3 25
56.4%
Q2 25
64.0%
Q1 25
58.5%
Q4 24
54.0%
Q3 24
36.6%
Q2 24
71.5%
Q1 24
72.2%
Operating Margin
SLGL
SLGL
SLP
SLP
Q4 25
3.9%
Q3 25
3.8%
Q2 25
65.1%
-364.5%
Q1 25
12.1%
Q4 24
0.7%
Q3 24
-6.2%
Q2 24
29.9%
10.1%
Q1 24
24.3%
Net Margin
SLGL
SLGL
SLP
SLP
Q4 25
3.7%
Q3 25
-3.9%
Q2 25
67.3%
-330.6%
Q1 25
13.7%
Q4 24
1.1%
Q3 24
4.5%
Q2 24
36.4%
16.9%
Q1 24
22.0%
EPS (diluted)
SLGL
SLGL
SLP
SLP
Q4 25
$0.03
Q3 25
$-0.03
Q2 25
$4.17
$-3.35
Q1 25
$0.15
Q4 24
$0.01
Q3 24
$0.04
Q2 24
$0.71
$0.15
Q1 24
$0.20

Balance Sheet & Financial Strength

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

Metric
SLGL
SLGL
SLP
SLP
Cash + ST InvestmentsLiquidity on hand
$24.3M
$35.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$31.9M
$127.1M
Total Assets
$39.3M
$137.8M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SLGL
SLGL
SLP
SLP
Q4 25
$35.7M
Q3 25
$32.4M
Q2 25
$24.3M
$28.4M
Q1 25
$21.4M
Q4 24
$18.2M
Q3 24
$20.3M
Q2 24
$26.5M
$119.0M
Q1 24
$108.5M
Stockholders' Equity
SLGL
SLGL
SLP
SLP
Q4 25
$127.1M
Q3 25
$124.8M
Q2 25
$31.9M
$123.8M
Q1 25
$189.5M
Q4 24
$184.7M
Q3 24
$182.4M
Q2 24
$34.9M
$180.9M
Q1 24
$177.0M
Total Assets
SLGL
SLGL
SLP
SLP
Q4 25
$137.8M
Q3 25
$131.9M
Q2 25
$39.3M
$134.4M
Q1 25
$201.4M
Q4 24
$196.9M
Q3 24
$196.6M
Q2 24
$42.0M
$192.7M
Q1 24
$194.0M

Cash Flow & Capital Efficiency

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

Metric
SLGL
SLGL
SLP
SLP
Operating Cash FlowLast quarter
$4.2M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
0.0%
Cash ConversionOCF / Net Profit
6.26×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SLGL
SLGL
SLP
SLP
Q4 25
$4.2M
Q3 25
$5.6M
Q2 25
$8.1M
Q1 25
$5.7M
Q4 24
$-1.3M
Q3 24
$1.7M
Q2 24
$5.7M
Q1 24
$5.8M
Free Cash Flow
SLGL
SLGL
SLP
SLP
Q4 25
Q3 25
$5.3M
Q2 25
$7.8M
Q1 25
$5.6M
Q4 24
$-1.4M
Q3 24
$1.6M
Q2 24
$5.6M
Q1 24
$5.4M
FCF Margin
SLGL
SLGL
SLP
SLP
Q4 25
Q3 25
30.5%
Q2 25
38.5%
Q1 25
25.0%
Q4 24
-7.2%
Q3 24
8.8%
Q2 24
30.0%
Q1 24
29.4%
Capex Intensity
SLGL
SLGL
SLP
SLP
Q4 25
0.0%
Q3 25
1.5%
Q2 25
1.5%
Q1 25
0.3%
Q4 24
0.5%
Q3 24
0.1%
Q2 24
0.6%
Q1 24
2.4%
Cash Conversion
SLGL
SLGL
SLP
SLP
Q4 25
6.26×
Q3 25
Q2 25
Q1 25
1.84×
Q4 24
-6.18×
Q3 24
1.97×
Q2 24
1.81×
Q1 24
1.44×

Financial Flow Comparison

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

Revenue Breakdown by Segment

SLGL
SLGL

Segment breakdown not available.

SLP
SLP

Services Segment$9.5M52%
Development$7.2M39%
Discovery$1.3M7%

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