Simulations Plus (SLP) Releases Q2 2026 Earnings: Revenue and EPS Beat, Operating Profit Surges

Simulations Plus Inc. (SLP) reported Q2 2026 revenue of $24.29 million, up 8.29% year-over-year and ahead of the consensus revenue estimate of $21.88 million.

Revenue: $24.29 million (+8.29% YoY)

Gross profit: $16.14 million (+22.98% YoY)

Operating profit: $5.63 million (+107.6% YoY)

Net income to common shareholders: $4.54 million (+47.53% YoY)

Diluted EPS: $0.22 (+46.67% YoY), beating the estimate of $0.20

Both top-line and per-share results beat expectations, with revenue roughly 11% above the estimate and diluted EPS about 10% higher than projected.

Cash from operating activities: $4.23 million (down 25.31% YoY)

Purchases of property, plant and equipment: $264,000 (up 300.0% YoY)

Cash and cash equivalents: $30.19 million (up 174.65% YoY)

Total liabilities: $10.72 million (down 9.77% YoY)

Cost of sales declined to $8.15 million (-12.43% YoY), which helped expand gross profit and supported the strong jump in operating profit.

Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.

Simulations Plus Inc. Insider Trading Activity

Simulations Plus Inc. insiders have traded $SLP stock on the open market 1 times in the past 6 months. Of those trades, 0 have been purchases and 1 have been sales.

Here’s a breakdown of recent trading of $SLP stock by insiders over the last 6 months:

LISA LAVANGE sold 866 shares for an estimated $14,644

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

Simulations Plus Inc. Hedge Fund Activity

We have seen 88 institutional investors add shares of Simulations Plus Inc. stock to their portfolio, and 82 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

FIRST LIGHT ASSET MANAGEMENT, LLC added 1,201,157 shares (+156.4%) to their portfolio in Q4 2025, for an estimated $21,897,092
AMERIPRISE FINANCIAL INC removed 722,336 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $13,168,185
TRIBUTARY CAPITAL MANAGEMENT, LLC removed 616,125 shares (-54.2%) from their portfolio in Q4 2025, for an estimated $11,231,958
FIRST EAGLE INVESTMENT MANAGEMENT, LLC added 434,275 shares (+1898.1%) to their portfolio in Q4 2025, for an estimated $7,916,833
MEROS INVESTMENT MANAGEMENT, LP added 339,242 shares (+inf%) to their portfolio in Q4 2025, for an estimated $6,184,381
SIO CAPITAL MANAGEMENT, LLC removed 320,307 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $5,839,196
MARSHALL WACE, LLP added 319,301 shares (+127.5%) to their portfolio in Q4 2025, for an estimated $5,820,857

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

Simulations Plus Inc. Government Contracts

We have seen $102,768 of award payments to $SLP over the last year.

Here are some of the awards which we have have seen pay out the most over the last year:

GASTROPLUS?, DDDPLUS AND MEMBRANEPLUS SOFTWARE LICENSES: $80,446

To track government contracts to publicy traded companies, check out Quiver Quantitative's government contracts dashboard.