Model N, Inc. belongs to the Technology sector. Filings by its managers are published through SEC (Form 4). Model N, Inc. has had no insider filing for more than a year; the last one goes back to 27 June 2024.
Since 2021, the database holds no purchases and 124 sales by insiders of the company.
Elsewhere in the same sector, our signals recently picked up insider purchases at Gitlab Inc. and Baozun Inc. These figures are compiled from regulatory filings published by SEC (Form 4). They describe what insiders did and are not a recommendation.
This score ranks the purchase within its own market. A position size is suggested only on the venues of the backtested strategy universe; elsewhere, signals stay on watch. Not investment advice.
FY ended September 2023 · cache
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Model N, Inc. (ticker MODN) is a U.S.-based software company listed on the U.S. market, NYSE, in the United States. For investors, it is best understood as a specialized SaaS vendor focused on revenue management, pricing, and compliance workflows. The company was founded in December 1999 and has long been associated with Silicon Valley; its operational headquarters are in California, in the San Mateo / Redwood City area. Its commercial focus is concentrated in highly complex, regulated end markets: life sciences, medtech, and high tech.
Model N’s core business is to help manufacturers manage the full monetization lifecycle, from pricing strategy and contract execution to rebates, incentives, tender management, channel data, and regulatory compliance. Its cloud platform is designed to replace fragmented manual processes, spreadsheets, and legacy systems with integrated, automated workflows supported by analytics and AI. In practical terms, the company addresses pricing management, contracting, rebate and incentive programs, government pricing, and tender processes, with purpose-built offerings such as Revenue Cloud for Pharma, Revenue Cloud for Medtech, and Revenue Cloud for High Tech.
From a competitive standpoint, Model N’s differentiation lies in vertical specialization and functional depth around revenue optimization, compliance, and gross-to-net management. That niche positioning is important because its customers operate under tight regulatory scrutiny, complex distribution structures, and meaningful pricing pressure. The company highlights a global customer base and says its platform is trusted by leading companies across more than 120 countries, which underscores a broad geographic footprint even though the company itself remains U.S.-centered in terms of leadership and operations.
Recent developments suggest continued execution on product and go-to-market priorities. In January 2026, Model N appointed a Chief Product Officer and a Chief Technology Officer to strengthen product strategy and technology execution, including AI-related capabilities. In March 2026, the company announced a strategic partnership with CCX aimed at extending global market access and pricing-planning capabilities across the commercialization lifecycle. In April 2026, Model N said it manages $1.3 trillion in gross revenue for life sciences customers, which illustrates the scale of transaction flows handled by its platform. The company also continued to build out its leadership bench in 2025 and 2026, reinforcing growth and customer-success priorities. For investors tracking SEC Form 4 insider transactions, Model N remains a focused enterprise software name tied to long-duration demand trends in compliance automation, revenue governance, and digital transformation in regulated industries.
Purchases our model currently ranks for the recommendations list.
All recommendations| Fiscal year end | Revenue | Net income | Diluted EPS | Filing |
|---|---|---|---|---|
| Sep 2023 | 249.5 m USD | -33.9 m USD | -0.89 USD | 10-K |
| Sep 2022 | 219.2 m USD | -28.6 m USD | -0.78 USD | 10-K |
| Sep 2021 | 193.4 m USD | -29.7 m USD | -0.84 USD | 10-K |
| Sep 2020 | 161.1 m USD | -13.7 m USD | -0.40 USD | 10-K |
| Sep 2019 | 141.2 m USD | -19.3 m USD | -0.60 USD | 10-K |
Amounts in USD, as filed (forms 10-K, 20-F or 40-F). Source: SEC EDGAR.