---
schema_version: "secwatch.filing_event.v1"
accession: "0001023459-25-000036"
form_type: "8-K"
ticker: "SLP"
cik: "0001023459"
company_name: "Simulations Plus, Inc."
filed_at: "2025-06-11T23:59:59+00:00"
generated_at: "2026-05-19T12:23:55.786775+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Simulations Plus Q3 FY2025 revenue prelim $19-20M; full-year guidance cut to $76-80M

## Summary
- Preliminary Q3 FY2025 revenue expected $19-20M, subject to final adjustment.
- Full-year FY2025 revenue guidance reduced to $76-80M amid market headwinds.
- CEO cites budget cuts, project cancellations, delays from drug pricing uncertainty and tariffs.
- Software segment resilient; services demand more sensitive to market volatility.
- Strategic reorganization to streamline operations and focus on AI and platform integration.

## SEC filing metadata
- accession: 0001023459-25-000036
- form_type: 8-K
- ticker: SLP
- cik: 0001023459
- company_name: Simulations Plus, Inc.
- filed_at: 2025-06-11T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1023459/000102345925000036/0001023459-25-000036-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1023459/000102345925000036/slp-20250611.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001023459-25-000036
- JSON: https://secwatch.observer/filing/0001023459-25-000036.json
- Plain text: https://secwatch.observer/filing/0001023459-25-000036.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.