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Side-by-side financial comparison of Clarus Corp (CLAR) and Schrodinger, Inc. (SDGR). Click either name above to swap in a different company.

Schrodinger, Inc. is the larger business by last-quarter revenue ($87.2M vs $65.4M, roughly 1.3× Clarus Corp). Schrodinger, Inc. runs the higher net margin — 37.3% vs -47.8%, a 85.1% gap on every dollar of revenue. On growth, Schrodinger, Inc. posted the faster year-over-year revenue change (-1.2% vs -8.4%). Clarus Corp produced more free cash flow last quarter ($11.6M vs $-16.1M). Over the past eight quarters, Schrodinger, Inc.'s revenue compounded faster (54.4% CAGR vs -2.9%).

Clarus Corp is a global designer, manufacturer, and distributor of high-performance outdoor recreation, climbing, camping, and lifestyle products. It manages a portfolio of leading consumer brands, serving outdoor enthusiasts, professional athletes, and retail partners across North America, Europe, and the Asia-Pacific region, with a focus on innovative, durable gear for active lifestyles.

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.

CLAR vs SDGR — Head-to-Head

Bigger by revenue
SDGR
SDGR
1.3× larger
SDGR
$87.2M
$65.4M
CLAR
Growing faster (revenue YoY)
SDGR
SDGR
+7.2% gap
SDGR
-1.2%
-8.4%
CLAR
Higher net margin
SDGR
SDGR
85.1% more per $
SDGR
37.3%
-47.8%
CLAR
More free cash flow
CLAR
CLAR
$27.7M more FCF
CLAR
$11.6M
$-16.1M
SDGR
Faster 2-yr revenue CAGR
SDGR
SDGR
Annualised
SDGR
54.4%
-2.9%
CLAR

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CLAR
CLAR
SDGR
SDGR
Revenue
$65.4M
$87.2M
Net Profit
$-31.3M
$32.5M
Gross Margin
27.7%
65.7%
Operating Margin
-59.6%
-19.7%
Net Margin
-47.8%
37.3%
Revenue YoY
-8.4%
-1.2%
Net Profit YoY
52.3%
180.8%
EPS (diluted)
$-0.81
$0.45

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CLAR
CLAR
SDGR
SDGR
Q4 25
$65.4M
$87.2M
Q3 25
$69.3M
$54.3M
Q2 25
$55.2M
$54.8M
Q1 25
$60.4M
$59.6M
Q4 24
$71.4M
$88.3M
Q3 24
$67.1M
$35.3M
Q2 24
$56.5M
$47.3M
Q1 24
$69.3M
$36.6M
Net Profit
CLAR
CLAR
SDGR
SDGR
Q4 25
$-31.3M
$32.5M
Q3 25
$-1.6M
$-32.8M
Q2 25
$-8.4M
$-43.2M
Q1 25
$-5.2M
$-59.8M
Q4 24
$-65.5M
$-40.2M
Q3 24
$-3.2M
$-38.1M
Q2 24
$-5.5M
$-54.0M
Q1 24
$21.9M
$-54.7M
Gross Margin
CLAR
CLAR
SDGR
SDGR
Q4 25
27.7%
65.7%
Q3 25
35.1%
51.6%
Q2 25
35.6%
47.8%
Q1 25
34.4%
52.3%
Q4 24
33.4%
72.6%
Q3 24
35.0%
50.2%
Q2 24
36.1%
66.2%
Q1 24
35.9%
51.6%
Operating Margin
CLAR
CLAR
SDGR
SDGR
Q4 25
-59.6%
-19.7%
Q3 25
-4.4%
-84.6%
Q2 25
-19.7%
-96.6%
Q1 25
-11.2%
-85.5%
Q4 24
-70.2%
-23.5%
Q3 24
-8.0%
-193.9%
Q2 24
-14.4%
-111.4%
Q1 24
-9.8%
-184.3%
Net Margin
CLAR
CLAR
SDGR
SDGR
Q4 25
-47.8%
37.3%
Q3 25
-2.3%
-60.4%
Q2 25
-15.3%
-78.8%
Q1 25
-8.7%
-100.4%
Q4 24
-91.8%
-45.5%
Q3 24
-4.7%
-108.1%
Q2 24
-9.7%
-114.2%
Q1 24
31.6%
-149.5%
EPS (diluted)
CLAR
CLAR
SDGR
SDGR
Q4 25
$-0.81
$0.45
Q3 25
$-0.04
$-0.45
Q2 25
$-0.22
$-0.59
Q1 25
$-0.14
$-0.82
Q4 24
$-1.72
$-0.55
Q3 24
$-0.08
$-0.52
Q2 24
$-0.14
$-0.74
Q1 24
$0.57
$-0.76

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CLAR
CLAR
SDGR
SDGR
Cash + ST InvestmentsLiquidity on hand
$36.7M
$395.5M
Total DebtLower is stronger
$0
Stockholders' EquityBook value
$196.4M
$364.1M
Total Assets
$249.0M
$726.2M
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CLAR
CLAR
SDGR
SDGR
Q4 25
$36.7M
$395.5M
Q3 25
$29.5M
$391.2M
Q2 25
$28.5M
$450.2M
Q1 25
$41.3M
$500.3M
Q4 24
$45.4M
$352.1M
Q3 24
$36.4M
$388.7M
Q2 24
$46.2M
$377.3M
Q1 24
$47.5M
$431.1M
Total Debt
CLAR
CLAR
SDGR
SDGR
Q4 25
$0
Q3 25
$2.0M
Q2 25
$1.9M
Q1 25
$1.9M
Q4 24
$1.9M
Q3 24
Q2 24
Q1 24
$37.0K
Stockholders' Equity
CLAR
CLAR
SDGR
SDGR
Q4 25
$196.4M
$364.1M
Q3 25
$225.8M
$321.4M
Q2 25
$225.1M
$342.9M
Q1 25
$229.3M
$373.5M
Q4 24
$233.1M
$421.4M
Q3 24
$308.5M
$449.4M
Q2 24
$307.3M
$474.0M
Q1 24
$310.4M
$513.7M
Total Assets
CLAR
CLAR
SDGR
SDGR
Q4 25
$249.0M
$726.2M
Q3 25
$283.1M
$653.7M
Q2 25
$286.5M
$688.2M
Q1 25
$292.8M
$743.0M
Q4 24
$294.1M
$823.2M
Q3 24
$375.3M
$669.3M
Q2 24
$369.4M
$688.4M
Q1 24
$377.0M
$737.8M
Debt / Equity
CLAR
CLAR
SDGR
SDGR
Q4 25
0.00×
Q3 25
0.01×
Q2 25
0.01×
Q1 25
0.01×
Q4 24
0.01×
Q3 24
Q2 24
Q1 24
0.00×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CLAR
CLAR
SDGR
SDGR
Operating Cash FlowLast quarter
$12.5M
$-16.1M
Free Cash FlowOCF − Capex
$11.6M
$-16.1M
FCF MarginFCF / Revenue
17.7%
-18.5%
Capex IntensityCapex / Revenue
1.4%
0.0%
Cash ConversionOCF / Net Profit
-0.50×
TTM Free Cash FlowTrailing 4 quarters
$-9.9M
$12.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CLAR
CLAR
SDGR
SDGR
Q4 25
$12.5M
$-16.1M
Q3 25
$-5.7M
$-61.9M
Q2 25
$-9.4M
$-52.2M
Q1 25
$-2.1M
$144.1M
Q4 24
$16.6M
$-31.1M
Q3 24
$-8.3M
$-33.3M
Q2 24
$834.0K
$-53.7M
Q1 24
$-16.4M
$-39.3M
Free Cash Flow
CLAR
CLAR
SDGR
SDGR
Q4 25
$11.6M
$-16.1M
Q3 25
$-7.0M
$-62.4M
Q2 25
$-11.3M
$-52.5M
Q1 25
$-3.3M
$143.5M
Q4 24
$14.4M
$-32.0M
Q3 24
$-9.4M
$-34.6M
Q2 24
$-744.0K
$-54.7M
Q1 24
$-18.3M
$-43.4M
FCF Margin
CLAR
CLAR
SDGR
SDGR
Q4 25
17.7%
-18.5%
Q3 25
-10.0%
-114.8%
Q2 25
-20.4%
-95.9%
Q1 25
-5.4%
240.9%
Q4 24
20.1%
-36.2%
Q3 24
-14.0%
-98.0%
Q2 24
-1.3%
-115.6%
Q1 24
-26.3%
-118.5%
Capex Intensity
CLAR
CLAR
SDGR
SDGR
Q4 25
1.4%
0.0%
Q3 25
1.8%
0.9%
Q2 25
3.4%
0.6%
Q1 25
2.0%
1.0%
Q4 24
3.1%
1.0%
Q3 24
1.6%
3.8%
Q2 24
2.8%
2.1%
Q1 24
2.7%
11.2%
Cash Conversion
CLAR
CLAR
SDGR
SDGR
Q4 25
-0.50×
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
-0.75×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CLAR
CLAR

Other$37.1M57%
Outdoor Segment$25.3M39%
Adventure Segment$3.0M5%

SDGR
SDGR

On Premise Software$44.4M51%
Drug Discovery Services$17.6M20%
Hosted Software$11.5M13%
Maintenance$6.9M8%
Professional Services$3.8M4%
July2024Agreement With Bill Melinda Gates Foundation$2.7M3%

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