---
schema_version: "secwatch.filing_event.v1"
accession: "0001023459-25-000043"
form_type: "8-K"
ticker: "SLP"
cik: "0001023459"
company_name: "Simulations Plus, Inc."
filed_at: "2025-07-14T23:59:59+00:00"
generated_at: "2026-05-18T06:35:52.177983+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Simulations Plus Q3 net loss $67.3M on $77.2M impairment; adjusted EPS $0.45 tops year-ago $0.27

## Summary
- Total revenue $20.4M (+10% YoY); software $12.6M (+6%), services $7.7M (+17%).
- Net loss of $67.3M ($3.35 diluted loss) includes $77.2M non-cash goodwill impairment; year-ago net income $3.1M.
- Adjusted diluted EPS $0.45 vs $0.27; adjusted EBITDA $7.4M (37% margin) vs $5.6M (30%).
- Full-year FY25 guidance: rev $76-80M (9-14% growth), adj. dil. EPS $0.93-$1.06, adj. EBITDA margin 23-27%.
- Strategic reorganization to functional model; staffing right-sized; new AI-driven initiatives across product lines.

## SEC filing metadata
- accession: 0001023459-25-000043
- form_type: 8-K
- ticker: SLP
- cik: 0001023459
- company_name: Simulations Plus, Inc.
- filed_at: 2025-07-14T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1023459/000102345925000043/0001023459-25-000043-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1023459/000102345925000043/slp-20250714.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001023459-25-000043
- JSON: https://secwatch.observer/filing/0001023459-25-000043.json
- Plain text: https://secwatch.observer/filing/0001023459-25-000043.txt

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