secwatch.observer — SEC 8-K summary
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Issuer:     Simulations Plus, Inc. (SLP)
CIK:        0001023459
Form:       8-K
Filed at:   2026-04-09T23:59:59+00:00
Accession:  0001023459-26-000013
Event type: earnings
Sentiment:  neutral
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1023459/000102345926000013/0001023459-26-000013-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1023459/000102345926000013/slp-20260409.htm
  HTML page:      https://secwatch.observer/filing/0001023459-26-000013

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer