Simulations Plus, Inc. Reports Second Quarter Fiscal 2026 Financial Results

Simulations Plus, Inc. announced its financial results for the second quarter ended February 28, 2026. The company reported an 8% increase in total revenue, reaching $24.3 million, with software revenue up 9% to $14.6 million and services revenue up 8% to $9.7 million. Gross profit increased to $16.1 million, with a gross margin of 66%. Net income rose to $4.5 million, or $0.22 per diluted share, compared to $3.1 million, or $0.15 per diluted share, in the prior year quarter. Adjusted EBITDA was $8.7 million, representing 36% of total revenue. For the first six months of fiscal 2026, total revenue increased by 3% to $42.7 million. The company is adjusting its fiscal 2026 guidance for adjusted diluted EPS to a range of $0.75 - $0.85, primarily due to an increase in the expected effective tax rate.