Schrodinger, Inc.SDGREarnings & Financial Report
Schrodinger, Inc. is a leading provider of advanced computational chemistry and physics software platforms, along with related consulting services, focused on accelerating drug discovery and novel materials development. Its solutions are adopted by biopharmaceutical companies, chemical manufacturers, academic research institutions and government entities across North America, Europe and Asia Pacific to cut R&D costs and shorten innovation cycles.
Revenue
$35.3M
Gross Profit
$17.7M
Operating Profit
$-68.4M
Net Profit
$-38.1M
Gross Margin
50.2%
Operating Margin
-193.9%
Net Margin
-108.1%
YoY Growth
-17.1%
EPS
$-0.52
Schrodinger, Inc. Q3 FY2024 Financial Summary
Schrodinger, Inc. reported revenue of $35.3M (down 17.1% YoY) for Q3 FY2024, with a net profit of $-38.1M (up 38.5% YoY) (-108.1% margin). Cost of goods sold was $17.6M, operating expenses totaled $86.2M.
Key Financial Metrics
| Total Revenue | $35.3M |
|---|---|
| Net Profit | $-38.1M |
| Gross Margin | 50.2% |
| Operating Margin | -193.9% |
| Report Period | Q3 FY2024 |
Revenue Breakdown
Schrodinger, Inc. Q3 FY2024 revenue of $35.3M breaks down across 7 segments, led by On Premise Software at $12.3M (34.7% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| On Premise Software | $12.3M | 34.7% |
| Hosted Software | $8.8M | 25.0% |
| Maintenance | $5.7M | 16.0% |
| Drug Discovery Services Revenue From Contracts With Customers | $2.8M | 8.0% |
| Other | $2.6M | 7.3% |
| Professional Services | $2.0M | 5.8% |
| July2024Agreement With Bill Melinda Gates Foundation | $1.1M | 3.2% |
Schrodinger, Inc. Revenue by Segment — Quarterly Trend
Schrodinger, Inc. revenue by segment across the last 4 reported quarters, showing how each business line (such as On Premise Software and Hosted Software) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| On Premise Software | $44.4M | $15.9M | $15.7M | $25.4M |
| Hosted Software | $11.5M | $11.6M | $11.1M | — |
| Maintenance | $6.9M | $6.8M | $6.8M | $6.8M |
Schrodinger, Inc. Annual Revenue by Year
Schrodinger, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $255.9M).
| Year | Annual Revenue |
|---|---|
| 2025 | $255.9M |
| 2024 | $207.5M |
| 2023 | $216.7M |
| 2022 | $181.0M |
Schrodinger, Inc. Quarterly Revenue & Net Profit History
Schrodinger, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $87.2M | -1.2% | $32.5M | 37.3% |
| Q3 FY2025 | $54.3M | +53.9% | $-32.8M | -60.4% |
| Q2 FY2025 | $54.8M | +15.7% | $-43.2M | -78.8% |
| Q1 FY2025 | $59.6M | +62.7% | $-59.8M | -100.4% |
| Q4 FY2024 | $88.3M | +19.1% | $-40.2M | -45.5% |
| Q3 FY2024 | $35.3M | -17.1% | $-38.1M | -108.1% |
| Q2 FY2024 | $47.3M | +34.5% | $-54.0M | -114.2% |
| Q1 FY2024 | $36.6M | -43.5% | $-54.7M | -149.5% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $36.6M | $47.3M | $35.3M | $88.3M | $59.6M | $54.8M | $54.3M | $87.2M |
| YoY Growth | -43.5% | 34.5% | -17.1% | 19.1% | 62.7% | 15.7% | 53.9% | -1.2% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $737.8M | $688.4M | $669.3M | $823.2M | $743.0M | $688.2M | $653.7M | $726.2M |
| Liabilities | $224.1M | $214.4M | $219.9M | $401.8M | $369.5M | $345.4M | $332.3M | $362.1M |
| Equity | $513.7M | $474.0M | $449.4M | $421.4M | $373.5M | $342.9M | $321.4M | $364.1M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-39.3M | $-53.7M | $-33.3M | $-31.1M | $144.1M | $-52.2M | $-61.9M | $-16.1M |