Welcome to our dedicated page for Simulations Plus SEC filings (Ticker: SLP), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Simulations Plus, Inc. (Nasdaq: SLP) SEC filings page on Stock Titan provides access to the company’s official regulatory disclosures, including annual and quarterly reports, proxy statements, and current reports on Form 8‑K. As a California corporation in the professional, scientific, and technical services sector, Simulations Plus files with the U.S. Securities and Exchange Commission under file number 001‑32046.
Annual reports on Form 10‑K and quarterly reports on Form 10‑Q give detailed information on the company’s software and services segments, revenue mix, cost structure, research and development spending, and risk factors related to its biosimulation, cheminformatics, and consulting activities. These filings also describe the integration of AI/ML, PBPK, QSP/QST, and related modeling approaches that underpin its model‑informed and AI‑accelerated drug development offerings.
Proxy statements (DEF 14A) include information on board elections, auditor ratification, and equity incentive plans. For example, the company’s definitive proxy statement details proposals such as increasing shares authorized under the 2021 Equity Incentive Plan, board and committee structures, corporate governance practices, and executive compensation frameworks.
Current reports on Form 8‑K disclose material events such as changes in the independent registered public accounting firm, preliminary financial results and guidance, executive employment agreements, and scheduling of earnings releases and conference calls. These documents help investors understand governance decisions, auditor transitions, and key operational updates.
On Stock Titan, these filings are paired with AI‑powered summaries that highlight important points from lengthy documents, helping readers quickly identify items such as segment performance discussions, non‑GAAP reconciliations, equity plan amendments, and auditor changes. Users can also review filings related to compensation and equity awards, as well as other disclosures that shape the regulatory and governance profile of Simulations Plus.
Simulations Plus, Inc. Chief Revenue Officer John Anthony DiBella II reported an open-market sale of 1,000 shares of common stock at $13.37 per share on April 15, 2026. The transaction was executed automatically under a pre-arranged Rule 10b5-1 trading plan, and he now holds 89,140 shares directly.
Simulations Plus, Inc. reported solid growth and margin expansion for the quarter and six months ended February 28, 2026. Quarterly revenue rose to $24.3 million, up 8% year over year, driven by 9% software growth and 8% services growth. Gross margin improved to 66% from 59% as software amortization declined following prior Pro-ficiency impairments and services became more efficient.
Net income for the quarter increased to $4.5 million, up 48%, with diluted EPS of $0.22. For the first six months, revenue reached $42.7 million (up 3%), while net income climbed 59% to $5.2 million, reflecting higher services revenue, lower software costs and leaner G&A and sales spending. The company is reinvesting heavily in innovation: total R&D (expensed plus capitalized) rose to 18% of revenue, supporting an integrated, cloud-enabled, AI-driven modeling ecosystem.
The balance sheet remains strong with $25.7 million in cash and equivalents, $16.1 million in short-term investments and net working capital of $55.2 million, while operating cash flow more than doubled to $10.6 million. The effective tax rate increased to the mid‑20% range due to mix of earnings, GILTI impacts and lower FDII benefits, partly offset by accelerated deductions under the One Big Beautiful Bill Act.
Simulations Plus reported a strong second quarter of fiscal 2026, but cut its full‑year EPS outlook. Revenue for the quarter ended February 28, 2026 rose 8% to $24.3 million, with software up 9% to $14.6 million and services up 8% to $9.7 million.
Gross profit increased to $16.1 million and gross margin expanded to 66% from 59%. Net income grew to $4.5 million, or $0.22 diluted EPS, versus $3.1 million and $0.15 a year earlier. Adjusted EBITDA was $8.7 million, a 36% margin, compared with $6.6 million and a 29% margin.
For the first six months, revenue rose 3% to $42.7 million, as a 3% decline in software revenue to $23.5 million was offset by 12% growth in services to $19.2 million. The company now guides fiscal 2026 adjusted diluted EPS to $0.75–$0.85, down from $1.03–$1.10, reflecting a higher expected effective tax rate of 23–25% instead of 12–14%, while maintaining prior revenue, mix, and margin targets of $79–$82 million revenue, 0–4% growth, 57–62% software mix, and 26–30% adjusted EBITDA margin. Cash and short‑term investments were $41.8 million as of February 28, 2026.
Simulations Plus Inc — The Vanguard Group filed an amendment to a Schedule 13G/A describing an internal realignment. On January 12, 2026, Vanguard reorganized certain subsidiaries and will report those units separately. The filing states Vanguard "no longer has, or is deemed to have, beneficial ownership" of securities held by those subsidiaries; the Schedule reports 0 shares beneficially owned and 0% ownership.
The amendment is signed by Vanguard's Head of Global Fund Administration on March 27, 2026 and documents disaggregated reporting of prior holdings moving to separate subsidiary filings.
Simulations Plus, Inc. held its 2026 Annual Meeting of Shareholders, where investors approved an amendment to the 2021 Equity Incentive Plan increasing shares authorized for issuance from 2,500,000 to 3,450,000. The amendment had been approved by the Board in December 2025 and became effective upon shareholder approval on February 12, 2026.
Shareholders also re-elected four directors, ratified Rose, Snyder & Jacobs LLP as auditor for the fiscal year ending August 31, 2026, and supported an advisory proposal on the frequency of named executive officer compensation votes. A total of 13,229,922 shares, about 66% of the 20,146,585 shares entitled to vote as of December 15, 2025, were represented.
Simulations Plus Chief Revenue Officer John Anthony DiBella II exercised fully vested stock options for 10,300 shares of common stock on February 6, 2026. The options were exercised at $9.71 per share, converting derivative securities into common stock.
Following this transaction, DiBella directly beneficially owns 90,140 shares of Simulations Plus common stock. The derivative position reported as stock options was reduced to zero as a result of the exercise.
Simulations Plus, Inc. received a Schedule 13G reporting that First Light Asset Management, LLC and its chief executive officer Mathew P. Arens beneficially own 2,649,879 shares of the company’s common stock, representing 13.15% of the outstanding class.
The filing states that First Light and Mr. Arens share voting and dispositive power over these shares, while having no sole voting or dispositive authority. They certify that the shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Simulations Plus.
Simulations Plus, Inc. insiders Walter S. Woltosz and Virginia E. Woltosz reported an equity award of common stock. On January 30, 2026, 1,776 shares of Simulations Plus common stock were granted at a price of $0 as independent director compensation under the company’s 2021 Equity Incentive Plan.
Following this grant, the reporting persons disclosed beneficial ownership of 3,280,683 shares of Simulations Plus common stock held directly.
Simulations Plus director Sharlene Evans received a stock grant as part of her board compensation. On 01/30/2026, she acquired 1,776 shares of Simulations Plus common stock at a price of $0 per share, issued under the company’s 2021 Equity Incentive Plan.
After this grant, Evans beneficially owned 15,056 shares of Simulations Plus common stock in total, held directly.