Adjusted EBITDA rose to $31.9 million with a margin of 31%, up from $26.3 million in the prior year quarter.
Certara reported second quarter 2025 revenue of $104.6 million, a 12% year-over-year increase on a reported basis and 10% on a constant currency basis.
Diluted loss per share improved to $0.01 from a loss of $0.08, with adjusted diluted EPS steady at $0.07.
Net loss narrowed to $2 million from $12.6 million in the prior year quarter, while adjusted net income was $11.6 million, slightly up from $11.4 million.
Services revenue increased 5% to $57.9 million, supported by strong bookings growth in QSP and Simcyp services.
Software revenue grew 22% to $46.7 million, driven by strong growth from Simcyp and a $5.1 million contribution from Chemaxon.
Total bookings for the quarter were $112 million, up 13% year-over-year, with trailing 12-month bookings reaching $470.8 million, a 15% increase.
Current Remaining Performance Obligations (RPO) ended at approximately $23.9 billion, representing 25.5% year-over-year constant currency growth.
Free cash flow margin was 16.5%, up 3% year-over-year, with a strong balance sheet including $10.8 billion in cash and investments.
Operating margin was 29.5%, over 2.5 points above guidance, driven by top line outperformance and AI operational efficiencies.
Renewal rate remained robust at 98%, underscoring ServiceNow's strategic importance as an AI platform for business transformation.
ServiceNow reported Q2 subscription revenues of $3.113 billion, growing 21.5% year-over-year in constant currency, beating guidance by 200 basis points.
Strong growth was seen across industries, notably transportation and logistics (100%+ growth), technology, media and telecom (70%+ growth), retail and hospitality, and energy & utilities (50%+ growth).
The company closed 89 deals greater than $1 million in net new ACV, including 11 deals over $5 million, with 528 customers generating over $5 million in ACV.
Dafinchi