Revenue and Bookings Growth
Second quarter revenue of $104.6 million represented 12% year-over-year growth, while second quarter bookings of $112 million reflected 13% year-over-year growth.
Software Revenue Surge
Software revenue of $46.7 million grew 22% on a reported basis and 9% organically, led by strong growth from Simcyp in addition to $5.1 million of contribution from Chemaxon.
EMA Qualification for Simcyp
Certara is the first and only company to receive European Medicines Agency (EMA) qualification for a PBPK Modeling Platform, a significant milestone for biosimulation.
Growing QSP Services
Strength in biosimulation services bookings was driven by QSP and Simcyp services. QSP reached a significant milestone with the optimization of ISB 2001, resulting in a Fast Track designation for relapsed refractory myeloma patients.
Strong Financial Performance
Adjusted EBITDA for the second quarter of 2025 was $31.9 million, an increase from $26.3 million in the second quarter of 2024, with an adjusted EBITDA margin of 31%.
Investment in AI and R&D
Certara is increasing investment in R&D to create a next-generation AI-enabled Model Informed Drug Development (MIDD) platform, with new products like CertaraIQ expected to launch in the fourth quarter.