All three tenses have at least two readings, so the archetype blend applies as printed.
All nine metrics read as filed from the record.
What did they actually do?
Has it survived what it has been through?
3 warning events since 2017; the latest 2026-10-06.
From the record
Simulations Plus, Inc.'s filings since 2017 show 3 warning events of 2 kinds: a notice about its exchange listing (8-K item 3.01, the latest 2026-10-06); an auditor change (8-K item 4.01, 2 times, the latest 2025-07-15) (its current reports).
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
What has it actually done, year after year?
+13.7% a year over 4 filed years; profitable in 3 of 4.
From the record
Simulations Plus, Inc.'s 4 filed years say what it did: revenue went from $54 million in fiscal 2022 to $79 million in fiscal 2025, up 13.7% a year; it rose in 3 of 3 years; it never fell from a peak; net income was positive in 3 of 4 of those years (its annual reports).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
How has it treated the people who own it?
Share count shrank 1.1% a year. 56% of cash flow returned. Insiders: 12 sales, 0 purchases.
From the record
Over the 3 fiscal years to 2025-08-31, Simulations Plus, Inc.'s diluted share count shrank about 1.1% a year, and dividends and buybacks returned about 56% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 12 sales (12 under scheduled 10b5-1 plans) and 0 purchases of their own stock on the open market in the year to 2026-10-06 (their Form 4 filings).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
What are they doing right now?
Is it financially healthy right now?
ROE -52%: lost 52¢ per shareholder dollar. Leverage 5%: owes 5¢ per asset dollar.
From the record
Return on equity: in the fiscal year ended 2025-08-31, Simulations Plus, Inc. lost about 52 cents for every dollar of shareholders' money, and gross profitability: its products earned about 35 cents per dollar of everything the company owns. Leverage: it owed about 5 cents per dollar of assets, and net share issuance: its share count shrank 1.0% over the year (the filed statements).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
How strong is its position in its industry?
bottom 48% of 40 in its family; net margin -81.7%.
From the record
Simulations Plus, Inc.'s standing among 40 graded names in its industry family: revenue of $79 million in fiscal 2025 ranks in the bottom 38% by size; a net margin of -81.7% ranks in the bottom 34%; revenue growth of 13.7% a year over the last 3 filed years ranks in the top 29% (its annual reports).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
What are the people in charge doing?
top 38% of 26 in its family for leadership; chief executive since 2018.
From the record
Simulations Plus, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Oconnor, Shawn (Chief Executive Officer, as filed), filing under that title since 2018-07-06, 8.4 years (top 24% of its family); the 10 officers and directors filing in the last fifteen months have been on the record a median of 8.8 years (top 14%); 9 officer or director changes were reported on Form 8-K since 2023-11-13, against the 10 people in charge now (bottom 25%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
What are they set up to do next?
How much room does it have to grow?
top 32% of 39 in its family for room to expand.
From the record
Simulations Plus, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $31 million against no long-term debt tagged leaves 23.4% of its assets as net cash, top 26% of its family; cash from operations less capital spending is 22% of revenue (top 12%); a gross margin of 58.4% (top 23%); research spending of 8.7% of revenue (bottom 31%) (its annual report).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
What could actually drive growth from here?
top 37% of 38 in its family for growth drivers.
From the record
Simulations Plus, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 13.7% a year over the last three filed years against 13.7% over all 4, speeding up (top 42% of its family); the newest year grew 13.1% (top 39%); research spending grew 29% a year (top 11%); capital spending grew -4.5% a year (bottom 43%) (its annual reports). Simulations Plus, Inc. reported 2 lines of business in fiscal 2025: Software at $46 million (58%), Services at $33 million (42%); 2 of 2 grew against the year before (its annual report).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
Did its newest year beat what its own record pointed to?
bottom 19% of 32 in its family for expectations against reality.
From the record
Simulations Plus, Inc.'s newest year against its own record: revenue of $79 million in fiscal 2025 came in 0.8% below the $80 million its prior three years' pace pointed to (bottom 45% of its family); net income of $65 million against a prior three-year average of $11 million (bottom 3%); a net margin of -81.7% against 18% before (bottom 8%) (its annual reports).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made