Simulations Plus, Inc.
SLPDelisted Oct 6, 2026- Exchange
- Nasdaq
- Industry
- Services-Computer Integrated Systems Design
- SEC CIK
- 0001023459
Simulations Plus, Inc. was delisted on Oct 6, 2026; its insiders filed their last Form 4 on Oct 6, 2026; 169 institutions reported holding it in 13F filings for Q2 2026, worth $289.5M in total; no superinvestor held it.
- Currency
- USD
- Source
- SEC XBRL data (10-K, 10-Q, 20-F, 40-F)
- Updated
- Oct 8, 2026, 12:09 PM ET
Revenue flow, FY2025
Where the revenue went in FY2025, from the income statement below. Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue; hover over a band or a bar for the exact amount.
Net loss for FY2025: $64.7M (81.7% of revenue).
Income statement
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Aug 31, 2025 | Aug 31, 2024 | Aug 31, 2023 | Aug 31, 2022 | Aug 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Oct 22, 2025 | Oct 23, 2024 | Oct 25, 2023 | Oct 26, 2022 | Oct 25, 2021 |
| Revenue | $79.2M | $70.0M | $59.6M | $53.9M | $46.5M |
| Cost of revenue | $33.0M | $26.9M | $11.6M | $10.8M | $10.6M |
| Gross profit | $46.2M | $43.2M | $47.9M | $43.1M | $35.9M |
| Operating expenses | $117.0M | $37.0M | $39.2M | $28.2M | $24.6M |
| Research and development | $6.88M | $5.75M | $4.50M | $3.21M | $4.05M |
| Selling, general and administrative | $20.9M | $22.4M | $34.7M | $25.0M | $20.6M |
| Operating income | -$70.7M | $6.13M | $8.72M | $14.9M | $11.3M |
| Interest expense | – | – | – | – | $22.0K |
| Income tax | -$4.66M | $2.46M | $1.73M | $2.63M | $1.30M |
| Net income | -$64.7M | $9.95M | $9.96M | $12.5M | $9.78M |
| EPS, basic | $-3.22 | $0.50 | $0.50 | $0.62 | $0.49 |
| EPS, diluted | $-3.22 | $0.49 | $0.49 | $0.60 | $0.47 |
| Weighted shares, basic | 20.1M | 20.0M | 20.1M | 20.2M | 20.0M |
| Weighted shares, diluted | 20.1M | 20.3M | 20.5M | 20.7M | 20.7M |
| Margins and growth | |||||
| Gross margin | 58.4% | 61.6% | 80.5% | 79.9% | 77.2% |
| Operating margin | -89.3% | 8.8% | 14.6% | 27.7% | 24.2% |
| Net margin | -81.7% | 14.2% | 16.7% | 23.2% | 21.1% |
| Revenue growth, year over year | +13.1% | +17.5% | +10.5% | +16.0% | +11.7% |
| Net income growth, year over year | −750.2% | −0.1% | −20.2% | +27.6% | +4.8% |
Balance sheet
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Aug 31, 2025 | Aug 31, 2024 | Aug 31, 2023 | Aug 31, 2022 | Aug 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Oct 22, 2025 | Oct 23, 2024 | Oct 25, 2023 | Oct 26, 2022 | Oct 25, 2021 |
| Cash and equivalents | $30.9M | $10.3M | $57.5M | $51.6M | $37.0M |
| Short-term investments | $1.50M | $9.94M | $57.9M | $76.7M | $86.6M |
| Accounts receivable | $9.72M | $9.14M | $10.2M | $13.8M | $9.85M |
| Total current assets | $51.5M | $39.3M | $130.4M | $146.8M | $139.3M |
| Property, plant and equipment | $880.0K | $812.0K | $671.0K | $632.0K | $1.84M |
| Goodwill | $43.7M | $96.1M | $19.1M | $12.9M | $12.9M |
| Intangible assets | – | – | – | – | $10.5M |
| Total assets | $131.9M | $196.6M | $186.1M | $188.4M | $180.0M |
| Accounts payable | $470.0K | $602.0K | $144.0K | $225.0K | $387.0K |
| Total current liabilities | $6.72M | $12.1M | $12.0M | $7.74M | $11.6M |
| Total liabilities | $7.13M | $14.2M | $16.1M | $10.1M | $14.2M |
| Shareholders' equity | $124.8M | $182.4M | $170.0M | $178.2M | $165.8M |
Cash flow statement
Each column is one fiscal year, newest first. Free cash flow is operating cash flow minus capital expenditures.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Aug 31, 2025 | Aug 31, 2024 | Aug 31, 2023 | Aug 31, 2022 | Aug 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Oct 22, 2025 | Oct 23, 2024 | Oct 25, 2023 | Oct 26, 2022 | Oct 25, 2021 |
| Operating cash flow | $18.1M | $13.3M | $21.9M | $17.9M | $19.2M |
| Capital expenditures | $713.0K | $566.0K | $453.0K | $819.0K | $1.63M |
| Free cash flow | $17.4M | $12.8M | $21.4M | $17.1M | $17.6M |
| Depreciation and amortization | $8.21M | $5.67M | $3.84M | $3.57M | $3.59M |
| Stock-based compensation | $6.35M | $6.54M | $4.83M | $3.04M | $2.75M |
| Dividends paid | $0 | $4.80M | $4.81M | $4.85M | $4.81M |
| Share buybacks | $0 | $0 | $20.0M | – | – |
| Investing cash flow | $3.56M | -$54.0M | $7.37M | $4.30M | -$26.7M |
| Financing cash flow | -$1.15M | -$6.57M | -$23.3M | -$7.62M | -$4.68M |
| Net change in cash | $20.5M | – | – | – | – |
| Ratio | |||||
| Stock-based compensation, % of revenue | 8.0% | 9.3% | 8.1% | 5.6% | 5.9% |
Shares outstanding
Common shares outstanding as stated on the cover of each 10-K and 10-Q. The date is the cover date, not the period end; a rising count means dilution.
| Cover date | Shares outstanding | Change in a year | Filing |
|---|---|---|---|
| Jun 30, 2026 | 20.2M | +0.5% | SEC |
| Mar 31, 2026 | 20.2M | +0.5% | SEC |
| Dec 31, 2025 | 20.1M | +0.3% | SEC |
| Nov 14, 2025 | 20.1M | +0.4% | SEC |
| Jun 30, 2025 | 20.1M | +0.6% | SEC |
| Mar 31, 2025 | 20.1M | +0.6% | SEC |
| Dec 23, 2024 | 20.1M | +0.6% | SEC |
| Oct 18, 2024 | 20.1M | +0.6% | SEC |
Notes and known gaps
How these numbers are put together, and what they can't tell you.
- Numbers come from the XBRL data in each period's original 10-K, 10-Q, 20-F or 40-F, or its amendment. They are shown as filed: later filings don't restate earlier periods here.
- Reported is the filing date of the first 8-K with Item 2.02 (results of operations) after the period ended, no later than the 10-Q or 10-K and within 120 days. Companies that release results only in the 10-Q, and foreign companies, which use Form 6-K, have none.
Known gaps
- Foreign companies that file Form 20-F or 40-F have annual statements only: their quarterly results are furnished on Form 6-K, which has no XBRL data.
- EPS and share counts are as reported at the time, not adjusted for later stock splits.
- For ADRs, EPS is per ordinary share, not per ADS (one TSMC ADS is five ordinary shares).
- For banks, revenue may be interest income only, depending on how the bank tags its filings; cost of revenue and gross profit are usually blank.
- Companies with several share classes, such as Berkshire Hathaway, may have no EPS and no cover share count.
- Depreciation and amortization is missing for some companies that report it under their own XBRL tags.