Certara Reports Q3 2026 Results with Strong Software Growth and Margin Expansion
Certara (CERT) reported third-quarter 2026 financial results characterized by a significant shift toward software, which grew 11% year-over-year to $48.8 million. This growth in the software segment helped drive total revenue to $94.9 million, a 4% increase compared to the previous year. The company's adjusted EBITDA margin expanded to 31.8%, up from 28.1% in the second quarter, supported by cost-saving measures and an improved product mix. While software bookings rose 15%, services revenue saw a slight decline of 2% as the company continues its transition toward a specialist-led service model. Management noted that 2026 serves as a transitional year focused on operational improvements and cloud migration, with 10% of total accounts already moved to the Phoenix Cloud platform. Despite some volatility in services, the overall financial position remains stable with improved GAAP net loss figures.
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Topics: EBITDA margin financial results revenue growth software revenue