---
schema_version: "secwatch.filing_event.v1"
accession: "0001023459-26-000013"
form_type: "8-K"
ticker: "SLP"
cik: "0001023459"
company_name: "Simulations Plus, Inc."
filed_at: "2026-04-09T23:59:59+00:00"
generated_at: "2026-05-15T06:45:18.965041+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Simulations Plus Q2 revenue up 8% to $24.3M, adjusted EPS $0.35; cuts FY adjusted EPS guidance on higher tax rate

## Summary
- Total revenue $24.3M (+8% YoY); software $14.6M (+9%), services $9.7M (+8%). Gross margin improved to 66% from 59%.
- Net income $4.5M ($0.22 diluted EPS) vs $3.1M ($0.15); adjusted diluted EPS $0.35 vs $0.31.
- Adjusted EBITDA margin 36% ($8.7M) vs 29% ($6.6M) in prior year quarter.
- FY 2026 adjusted diluted EPS guidance cut to $0.75-$0.85 (from $1.03-$1.10) due to higher expected tax rate (23-25% vs 12-14%); revenue outlook unchanged $79M-$82M.

## SEC filing metadata
- accession: 0001023459-26-000013
- form_type: 8-K
- ticker: SLP
- cik: 0001023459
- company_name: Simulations Plus, Inc.
- filed_at: 2026-04-09T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- 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/1023459/000102345926000013/0001023459-26-000013-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1023459/000102345926000013/slp-20260409.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001023459-26-000013
- JSON: https://secwatch.observer/filing/0001023459-26-000013.json
- Plain text: https://secwatch.observer/filing/0001023459-26-000013.txt

## Key facts
- Earnings Releases
  Simulations Plus, Inc. reported second quarter fiscal 2026, ended February 28, 2026 results: revenue $24.3 million, net income $4.5 million, EPS $0.22. Guidance lowered.
  - Period: second quarter fiscal 2026, ended February 28, 2026
  - Revenue: $24.3 million
  - Net income: $4.5 million
  - EPS: $0.22
  - Guidance: lowered
  - Result: reported results
  source text: for its second quarter fiscal 2026, ended February 28, 2026. Second Quarter 2026 Financial Highlights (as compared to second quarter 2025) • Total revenue increased 8% to $24.3 million • Software revenue increased 9% to $14.6 million, representing 60% of total revenue • Services revenue increased 8% to $9.7 million, representing 40% of total revenue • Gross
  evidence_url: https://www.sec.gov/Archives/edgar/data/1023459/000102345926000013/0001023459-26-000013-index.htm

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