---
schema_version: "secwatch.filing_event.v1"
accession: "0001023459-25-000059"
form_type: "8-K"
ticker: "SLP"
cik: "0001023459"
company_name: "Simulations Plus, Inc."
filed_at: "2025-12-01T23:59:59+00:00"
generated_at: "2026-05-16T15:50:32.303301+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Simulations Plus Q4 revenue down 6% to $17.5M, posts net loss; reaffirms FY2026 guidance

## Summary
- Q4 total revenue $17.5M (-6% YoY); software $9.0M (-9%); services $8.4M (-3%).
- Q4 net loss $0.7M (diluted EPS -$0.03) vs net income $0.8M ($0.04) prior year; adj. diluted EPS $0.10 vs $0.18.
- FY2025 revenue $79.2M (+13%); net loss $64.7M includes $77.2M non-cash impairment; adj. diluted EPS $1.03 vs $0.95.
- FY2026 guidance reaffirmed: revenue $79M-$82M, adj. EBITDA margin 26-30%, adj. diluted EPS $1.03-$1.10.
- CEO cites cautious demand but accelerating AI/cloud adoption; Investor Day on Jan 21, 2026.

## SEC filing metadata
- accession: 0001023459-25-000059
- form_type: 8-K
- ticker: SLP
- cik: 0001023459
- company_name: Simulations Plus, Inc.
- filed_at: 2025-12-01T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1023459/000102345925000059/0001023459-25-000059-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1023459/000102345925000059/slp-20251201.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001023459-25-000059
- JSON: https://secwatch.observer/filing/0001023459-25-000059.json
- Plain text: https://secwatch.observer/filing/0001023459-25-000059.txt

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