Simulations Plus, INC 10-Q quarterly reports

Simulations Plus announces a definitive agreement to be acquired by Altaris, LLC for approximately $375 million, with the transaction expected to close in Q4 2026.

Simulations Plus, Inc. announced its second quarter fiscal year 2026 financial results, showcasing significant revenue growth and improved profitability.

Simulations Plus, Inc. reported a significant 228% increase in net income to $0.7 million for Q1 fiscal year 2026, despite a 3% decline in total revenues to $18.4 million, driven by strong services growth and reduced operating expenses.

Simulations Plus, Inc. reported a substantial net loss of $67.3 million for the three months ended May 31, 2025, primarily driven by $77.2 million in impairment charges related to goodwill, intangible, and long-lived assets, largely stemming from the underperformance of its Pro-ficiency acquisition.

Simulations Plus reports a 23% increase in revenue for the quarter ended February 28, 2025, but net income decreased due to higher costs associated with the Pro-ficiency acquisition.

Simulations Plus saw a 31% increase in revenue but a significant decrease in net income for the first quarter of fiscal year 2025, impacted by acquisition costs and internal restructuring.

Simulations Plus reported a 14% increase in revenue for the third quarter of 2024, but also saw a significant rise in costs due to internal restructuring and recent acquisitions.

Simulations Plus saw a revenue increase in the second quarter of 2024, but this was offset by a significant rise in cost of revenues due to internal restructuring and the acquisition of Immunetrics.