Simulations Plus (SLP) Q1 2026 Earnings Transcript | The Motley Fool
Summary
Simulations Plus reported Q1 FY2026 revenue of $18.4 million, down 3% year-over-year, with software revenue declining 17% while services grew 16%. Services now represent 52% of revenue, backlog rose 18% to $20.4 million, and the company finished the quarter with $35.7 million in cash and no debt. Management reiterated full-year guidance of $79–$82 million in revenue, targeted software mix of 57–62%, adjusted EBITDA margin of 26–30%, and adjusted EPS of $1.03–$1.10, noting seasonality in renewals will shape cadence. Executives highlighted favorable customer response to initial AI features in GastroPlus, signaled more aggressive pricing and future monetization, and said the Proficiency acquisition drove strong commercialization services that could presage increased software demand.