Certara narrows 2026 revenue growth outlook as software revenue grows 11% in third quarter

Certara, Inc. (Nasdaq: CERT) reported its third quarter 2026 financial results on November 5, 2026. With nine months of results reported, the company narrowed its 2026 full year revenue growth range to 2% to 3%.¹ The company continues to expect software revenue growth to be above this range, while services revenue growth is expected to be at or below the low end of that range as it works to convert its pipeline into bookings and revenue.¹

On the outlook's other metrics, the company's previously communicated full-year 2026 adjusted EBITDA margin outlook of 29% to 31% remains appropriate based on performance through the first nine months of the year.¹ The company updated its expected full-year adjusted diluted earnings per share range to $0.31 to $0.34.¹ This outlook reflects continuing operations, excluding the Regulatory and Medical Writing business that was divested on May 8, 2026 and is now reported as discontinued operations.¹

On the corporate front, Certara appointed Grant Peterson Chief Product Officer, effective November 2.¹ Peterson brings more than 25 years of experience as a technology executive, having most recently served as Chief Product Officer of Conga, where he led the building and launch of the Conga Advantage platform, and having spent 12 years as Chief Technology Officer at DocuSign.¹ In his new role, he will focus the company's portfolio investments on accelerating growth across existing and new products.¹

On cash, Certara generated $30.7 million of cash from continuing operations in the quarter and ended with $214.9 million in cash, according to Interim Chief Financial Officer Faiz Mohammed.¹

For the quarter, total revenue reached $94.9 million versus $90.9 million a year earlier, with software revenue up to $48.8 million from $43.8 million and services revenue down to $46.1 million from $47.1 million.¹