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Certara (CERT)

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Earnings summaries and quarterly performance for Certara.

Research analysts who have asked questions during Certara earnings calls.

Jeffrey Garro

Jeffrey Garro

Stephens Inc.

4 questions for CERT

Also covers: ACCD, DH, DOCS +9 more
KC

Kyle Crews

UBS

3 questions for CERT

Also covers: CYRX, MEDP, MRVI
Christine Rains

Christine Rains

William Blair

2 questions for CERT

Also covers: ICLR, IQV, SLP
CD

Constantine Davides

Citizens JMP

2 questions for CERT

Also covers: ADUS, AMN, CCRN +9 more
DW

David Windley

Jefferies Financial Group Inc.

2 questions for CERT

Also covers: CNC, CRL, CTLT +14 more
MS

Max Smock

William Blair & Company

2 questions for CERT

Also covers: CDMO, CRL, CTLT +7 more
AM

Ahmed Muhammad Rahat

Leerink Partners

1 question for CERT

Also covers: ICLR, OMI
AM

Andrew Moss

Bank of America

1 question for CERT

AK

Anna Kruszenski

Barclays

1 question for CERT

Also covers: CRL
Avantika Dhabaria

Avantika Dhabaria

BofA Securities

1 question for CERT

Also covers: STVN
BS

Brendan Smith

Stifel, Nicolaus & Company, Incorporated

1 question for CERT

Also covers: ABCL, ABSI, ARWR +19 more
CS

Charles Scholes

Not Disclosed

1 question for CERT

Also covers: ABNB, CHH, CUK +8 more
Daniel Clark

Daniel Clark

Leerink Partners

1 question for CERT

Also covers: ELAN, IDXX, IQV +3 more
Dave Windley

Dave Windley

Jefferies LLC

1 question for CERT

Also covers: CNC, ELV, HUM +7 more
Joe Vruwink

Joe Vruwink

Baird

1 question for CERT

Also covers: ADSK, BSY, CDNS +11 more
Joseph Vruwink

Joseph Vruwink

Baird

1 question for CERT

Also covers: ADSK, ANSS, BSY +13 more
Luke Sergott

Luke Sergott

Barclays

1 question for CERT

Also covers: A, AVTR, BRKR +19 more
Michael Cherny

Michael Cherny

Leerink Partners

1 question for CERT

Also covers: ACCD, ALGN, CAH +18 more
MG

Morgan Gryga

Morgan Stanley

1 question for CERT

Also covers: ABSI, HALO, SAGE
Scott Schoenhaus

Scott Schoenhaus

KeyBanc Capital Markets

1 question for CERT

Also covers: ALIT, DOCS, GDRX +8 more
SD

Steve Dechert

KeyBanc Capital Markets

1 question for CERT

Also covers: ABCL, ABSI, LFMD +2 more

Recent press releases and 8-K filings for CERT.

Certara Discusses Q3 2025 Performance, Software Strategy, and Capital Deployment
CERT
Demand Weakening
New Projects/Investments
M&A
  • Certara (CERT) reported strong performance in Tier 3 biotech customers, with biosim services experiencing double-digit growth in Q3 2025, which partially offset weakness in Tier 1 large pharma customers due to decision-making and project delays.
  • The company anticipates a sequential increase in Q4 2025 bookings from Q3, although it expects this seasonality to be less pronounced than in prior years due to continued slowness from Tier 1 customers.
  • Certara is actively integrating AI into its software offerings, having launched new products like Coauthor (generative AI for regulatory writing) and Certara IQ (QSP software). The transition of its high-volume Phoenix product to a cloud version with AI features is expected to be a growth catalyst for software in 2026.
  • R&D investments grew 24% in Q3 2025 to support the launch of three new software products, while the company maintained the high end of its EBITDA margin guide through thoughtful spend allocation and high services team utilization. Certara expects to make a decision on the divestment of its regulatory services business by the end of 2025.
Nov 18, 2025, 7:00 PM
Certara Discusses Q3 2025 Performance, Software Strategy, and AI Integration at Stephens Conference
CERT
Demand Weakening
Product Launch
New Projects/Investments
  • Certara experienced strong performance from biotech (Tier 3) customers, particularly in biosim services, which saw double-digit growth in Q3 2025. However, weakness persisted with large pharma (Tier 1) customers due to decision-making and project delays, impacting regulatory and biosim services, with this trend carrying into Q4 2025.
  • The company is seeing strong adoption of Certara Cloud and has launched Phoenix Cloud to transition customers from desktop versions, aiming to be a growth catalyst for software in 2026. Certara is also actively embedding AI into its software offerings, including new products like Coauthor and Certara IQ, which are being monetized through direct sales and higher pricing for AI-enabled cloud versions.
  • Despite significant R&D investments (24% growth in Q3 2025), Certara is achieving the high end of its EBITDA margin guidance, supported by improving gross margins and high utilization of its services team. The company expects to make a decision on the potential divestment of its regulatory services business by the end of 2025 and continues to focus M&A on software assets.
Nov 18, 2025, 7:00 PM
Certara Discusses Q3 2025 Performance, Software Strategy, and Capital Deployment
CERT
Guidance Update
Product Launch
New Projects/Investments
  • Certara experienced a mixed demand environment in Q3 2025, with strong double-digit growth in biosim services from Tier 3 biotech customers offsetting weakness and project delays from Tier 1 large pharma customers. This weakness is expected to make Q4 bookings seasonality less pronounced than in prior years, though a sequential increase from Q3 is still anticipated.
  • The company is actively integrating AI into its software offerings, having launched CoAuthor (generative AI for regulatory writing) and Certara IQ (QSP software). AI features will also be embedded in the new Phoenix Cloud version, which is expected to be a key growth catalyst for software in 2026.
  • Certara is making significant R&D investments, with a 24% increase in Q3 2025, primarily for software development, while still achieving the highest end of its EBITDA margin guidance for the year. This is supported by improving gross margins due to software mix and high utilization of the services team.
  • The Net Revenue Retention (NRR) is in line with the company's plan but at the lower end, with Q3 organic software revenue growth of 6% yielding an NRR of 104. This is influenced by new biotech customers, price expansion, and some headwind from reduced seat licenses due to pharma layoffs.
  • Certara expects to provide an update on the potential divestment of its regulatory services business by the end of 2025. The company also continues to balance share buybacks (partially executed) with M&A focused on software assets, leveraging its track record of successful acquisitions like Chemaxon and Applied BioMath.
Nov 18, 2025, 7:00 PM
Certara Discusses Q3 Bookings Slowdown and Strategic Initiatives
CERT
Demand Weakening
New Projects/Investments
Guidance Update
  • Certara's CEO, William Feehery, acknowledged a slowdown in bookings during Q3 and early Q4, particularly in the regulatory business and with tier one clients, which led to a stronger-than-expected market reaction. He noted that bookings from biotechs (tier three) remained strong and that closing rates improved in Q4.
  • The company's regulatory business is undergoing a strategic review due to its volatility and decreased strategic importance, with the company expecting to provide clarity by the end of the year.
  • Certara launched Certara IQ, a new QSP modeling platform, aiming to set a new industry standard. The company is also advancing its cloud strategy, migrating all products to a portal, and anticipates accelerated software revenue in 2026 from new product offerings.
  • FDA initiatives to reduce animal testing are seen as a positive catalyst for Certara's biosimulation offerings, especially QSP, with regulatory guidance expected in 2026 to further drive adoption.
Nov 18, 2025, 10:30 AM
Certara CEO Discusses Q3 Bookings, Regulatory Review, and Product Expansion at Jefferies Conference
CERT
Demand Weakening
Product Launch
Guidance Update
  • Certara's CEO, William Feehery, reported a slowdown in bookings at the end of Q3 and beginning of Q4, particularly in the regulatory business and with tier one clients, though tier three biotechs showed strong results and Q4 closing rates are improving.
  • The company's regulatory business is currently under strategic review due to its volatility and questions arising from FDA disruption, with clarity expected by year-end.
  • Certara anticipates a positive impact from the FDA's initiative to reduce animal testing, as its modeling technology can provide superior data for first-in-human dosing, with further guidance expected in 2026.
  • The company is expanding its product portfolio with new offerings like Simcyp Discovery and Simcyp Biopharmaceuticals for broader use cases, and has launched Certara IQ as a new QSP modeling platform aiming to set an industry standard.
  • Despite a slower pricing environment and short-term market hesitancy, Certara is focused on growing biosimulation usage and expects accelerated software revenue in 2026 from new products and its cloud platform strategy.
Nov 18, 2025, 10:30 AM
Certara Announces Q3 2025 Financial Results and Updates FY 2025 Guidance
CERT
Earnings
Guidance Update
Demand Weakening
  • Certara reported Q3 2025 revenue of $104.6 million, representing a 10% GAAP and constant currency year-over-year increase, and adjusted EBITDA of $35.2 million, which grew 7% year-over-year.
  • The company's adjusted diluted EPS for Q3 2025 was $0.14, and the adjusted EBITDA margin was 34%.
  • Total bookings increased by 1% in Q3 2025, with Software bookings growing 17% while Services bookings decreased by 9% due to spending hesitancy. The Software Net Retention Rate (NRR) for Q3 2025 was 103.9%.
  • Certara updated its FY 2025 guidance, projecting reported revenue growth of 8-9% for the full year.
Nov 6, 2025, 10:00 PM
Certara Announces Q3 2025 Financial Results and Updates Full-Year Guidance
CERT
Earnings
Guidance Update
Demand Weakening
  • Certara reported Q3 2025 revenue of $104.6 million, a 10% year-over-year increase, and adjusted EBITDA of $35.2 million with a 34% margin.
  • Q3 2025 bookings totaled $96.6 million, representing 1% growth, which was below expectations due to cautious spending and delayed deal timelines among Tier 1 services customers, a trend that persisted into early Q4.
  • The company narrowed its full-year 2025 revenue guidance to $415 million-$420 million and raised its adjusted EBITDA margin guidance to around 32% and adjusted EPS guidance to $0.45-$0.47 per share.
  • Certara launched new products including Pinnacle 21 Enterprise, Phoenix Cloud, and Certara IQ, while increasing R&D investment by 24% year-over-year.
  • The company repurchased approximately $41 million of stock during 2025 as part of a $100 million share repurchase program and expects to share a definitive outcome of its regulatory services business strategic review before the end of 2025.
Nov 6, 2025, 10:00 PM
Certara Reports Q3 2025 Financial Results and Updates Full Year Guidance
CERT
Earnings
Guidance Update
  • Certara, Inc. reported revenue of $104.6 million for the third quarter of fiscal year 2025, representing 10% growth compared to $94.8 million in Q3 2024.
  • Net income was $1.5 million in Q3 2025, a 211% increase from a net loss of $1.4 million in Q3 2024.
  • Adjusted EBITDA grew 7% to $35.2 million in Q3 2025, compared to $33.1 million in Q3 2024.
  • The company updated its full-year 2025 revenue guidance to a range of $415 million to $420 million and its adjusted diluted earnings per share to $0.45 - $0.47.
Nov 6, 2025, 9:23 PM
Certara Reports Third Quarter 2025 Financial Results
CERT
Earnings
Guidance Update
Product Launch
  • Certara reported third quarter 2025 revenue of $104.6 million, representing a 10% increase compared to $94.8 million in the third quarter of 2024. Software revenue grew 22% to $43.8 million, and services revenue increased 3% to $60.8 million.
  • The company achieved net income of $1.5 million in Q3 2025, a significant improvement from a net loss of $1.4 million in Q3 2024. Adjusted EBITDA increased by 7% to $35.2 million.
  • Diluted earnings per share for the third quarter of 2025 was $0.01, compared to a diluted loss per share of $(0.01) in the third quarter of 2024. Adjusted diluted earnings per share was $0.14, flat compared to $0.13 in the prior year period.
  • Total bookings for the third quarter of 2025 were $96.6 million, showing a 1% year-over-year growth, with software bookings growing 17% to $40.8 million. However, services bookings decreased 9% to $55.8 million, mainly due to softer trends in Regulatory services among tier-one customers.
  • Certara is raising its 2025 profitability targets and narrowing its revenue guidance as it approaches the end of the year. The company also recently launched new software products, including CertaraIQ for QSP modeling.
Nov 6, 2025, 9:15 PM
Certara, Inc. Files 8-K Detailing Terms of Credit Facilities and Debt Agreements
CERT
Debt Issuance
New Projects/Investments
M&A
  • Certara, Inc. filed an 8-K on October 16, 2025.
  • The filing outlines detailed definitions and terms related to the company's credit facilities and debt agreements, covering aspects such as permitted uses of loan proceeds, investments, and dispositions of assets.
  • Proceeds from various loan types, including Initial Term Loans, Revolving Loans, and several amendment-related term loans, are designated for purposes such as financing transactions, paying transaction costs, working capital, general corporate purposes, funding acquisitions, and replacing existing term loans.
  • The document also defines conditions that would constitute an Event of Default concerning loan guaranties, collateral documents, and subordination provisions.
Oct 16, 2025, 8:31 PM