SLP
Simulations Plus, Inc.18.86
-0.57-2.93%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q2 '26
Cautious tone dominates Q&A
Q&A largely reaffirmed prepared remarks, with management stressing a 'fragile' macro despite H1 momentum and unchanged FY26 guidance. Details fleshed out three large-pharma AI collaborations as ongoing roadmap ties, not new wins, with financial models still in talks for FY27 monetization. Cross-sell upside got emphasis via sales reorganization and ecosystem play, alongside some competitive new-logo wins at smaller biopharma. Proficiency services backlog swelled 18%. Environment remains fragile. Investors will watch AI rollout and retention in choppy biopharma.
Key Stats
Market Cap
379.93MP/E (TTM)
-Basic EPS (TTM)
-3.22Dividend Yield
0%Recent Filings
8-K
Shareholders approve plan expansion
Simulations Plus shareholders approved four directors—Weiner, Woltosz, Paglia, and Evans—at the February 12, 2026 annual meeting, ratified Rose, Snyder & Jacobs as auditors, and amended the 2021 Equity Incentive Plan to boost authorized shares from 2,500,000 to 3,450,000 (10.4M for, 66% turnout). Plan change bolsters talent retention options. Woltosz faced heavy withholdings.
10-Q
Q1 FY2026 results
Simulations Plus posted Q1 FY2026 revenues of $18.4M, down 3% y/y yet steady q/q, with services up 16% to $9.5M offsetting a 17% software dip to $8.9M; gross margin expanded to 59% from 54% on lower software amortization post-Pro-ficiency impairment. Operating income jumped to $0.7M from $0.1M, diluted EPS held at $0.03 on 20.2M shares, while cash from operations hit $4.2M. Cash sits at $30.2M, short-term investments $5.5M, no debt. Services now 52% of revenue. Strong cash flow covers needs.
8-K
Q1 revenue dips 3%
Simulations Plus reported Q1 fiscal 2026 revenue of $18.4 million, down 3% year-over-year, with software dropping 17% to $8.9 million while services surged 16% to $9.5 million. Gross margin expanded to 59% from 54%, driving net income to $0.7 million ($0.03 diluted EPS) versus $0.2 million last year. Services powered the rebound. FY2026 guidance holds at $79M-$82M revenue.
8-K
Exec employment deals signed
Simulations Plus inked amended/restated employment deals on December 2, 2025, for CEO O'Connor ($547,700 base), CFO Frederick, CRO DiBella (both $359,100), and others, plus initial pacts for new Co-CPTO Guffrey, COO Fohey, CSO Lukacova. All feature performance-tied cash/stock bonuses, 12-month severance sans cause. Locks leadership amid at-will terms.
10-K
FY2025 results
Simulations Plus posted FY2025 revenue of $79.2M, up 13% y/y, fueled by $11.7M from full-year Pro-ficiency contribution versus $2.3M prior year—yet Q4 triggered massive $77.2M impairments on software and services goodwill after revenue underperformance and stock plunge. Gross margins slipped to 58% from 62% as Pro-ficiency lagged. Operating cash surged to $18.1M. Q4 reorganization consolidated units into Software/Services. Liquidity solid at $44.8M net working capital. No dividends; $30M remains for buybacks. Federal shutdowns threaten grant-funded client projects.
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