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

California Resources Corp is the larger business by last-quarter revenue ($119.0M vs $87.2M, roughly 1.4× Schrodinger, Inc.). Schrodinger, Inc. produced more free cash flow last quarter ($-16.1M vs $-32.0M). Over the past eight quarters, Schrodinger, Inc.'s revenue compounded faster (54.4% CAGR vs -46.3%).

California Resources Corporation is an American energy corporation engaged in hydrocarbon exploration in California. It is organized in Delaware and headquartered in Long Beach, California. Its mineral acreage holdings in California constitute the largest privately held position in the state.

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.

CRC vs SDGR — Head-to-Head

Bigger by revenue
CRC
CRC
1.4× larger
CRC
$119.0M
$87.2M
SDGR
More free cash flow
SDGR
SDGR
$15.9M more FCF
SDGR
$-16.1M
$-32.0M
CRC
Faster 2-yr revenue CAGR
SDGR
SDGR
Annualised
SDGR
54.4%
-46.3%
CRC

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
CRC
CRC
SDGR
SDGR
Revenue
$119.0M
$87.2M
Net Profit
$32.5M
Gross Margin
65.7%
Operating Margin
-597.5%
-19.7%
Net Margin
37.3%
Revenue YoY
-1.2%
Net Profit YoY
180.8%
EPS (diluted)
$-8.02
$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
CRC
CRC
SDGR
SDGR
Q1 26
$119.0M
Q4 25
$679.0M
$87.2M
Q3 25
$715.0M
$54.3M
Q2 25
$702.0M
$54.8M
Q1 25
$814.0M
$59.6M
Q4 24
$826.0M
$88.3M
Q3 24
$870.0M
$35.3M
Q2 24
$412.0M
$47.3M
Net Profit
CRC
CRC
SDGR
SDGR
Q1 26
Q4 25
$12.0M
$32.5M
Q3 25
$64.0M
$-32.8M
Q2 25
$172.0M
$-43.2M
Q1 25
$115.0M
$-59.8M
Q4 24
$33.0M
$-40.2M
Q3 24
$345.0M
$-38.1M
Q2 24
$8.0M
$-54.0M
Gross Margin
CRC
CRC
SDGR
SDGR
Q1 26
Q4 25
65.7%
Q3 25
51.6%
Q2 25
47.8%
Q1 25
52.3%
Q4 24
72.6%
Q3 24
50.2%
Q2 24
66.2%
Operating Margin
CRC
CRC
SDGR
SDGR
Q1 26
-597.5%
Q4 25
6.9%
-19.7%
Q3 25
13.7%
-84.6%
Q2 25
38.0%
-96.6%
Q1 25
22.9%
-85.5%
Q4 24
8.2%
-23.5%
Q3 24
59.5%
-193.9%
Q2 24
9.2%
-111.4%
Net Margin
CRC
CRC
SDGR
SDGR
Q1 26
Q4 25
1.8%
37.3%
Q3 25
9.0%
-60.4%
Q2 25
24.5%
-78.8%
Q1 25
14.1%
-100.4%
Q4 24
4.0%
-45.5%
Q3 24
39.7%
-108.1%
Q2 24
1.9%
-114.2%
EPS (diluted)
CRC
CRC
SDGR
SDGR
Q1 26
$-8.02
Q4 25
$0.21
$0.45
Q3 25
$0.76
$-0.45
Q2 25
$1.92
$-0.59
Q1 25
$1.26
$-0.82
Q4 24
$0.87
$-0.55
Q3 24
$3.78
$-0.52
Q2 24
$0.11
$-0.74

Balance Sheet & Financial Strength

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

Metric
CRC
CRC
SDGR
SDGR
Cash + ST InvestmentsLiquidity on hand
$395.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$2.9B
$364.1M
Total Assets
$726.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CRC
CRC
SDGR
SDGR
Q1 26
Q4 25
$132.0M
$395.5M
Q3 25
$196.0M
$391.2M
Q2 25
$72.0M
$450.2M
Q1 25
$214.0M
$500.3M
Q4 24
$372.0M
$352.1M
Q3 24
$241.0M
$388.7M
Q2 24
$1.0B
$377.3M
Total Debt
CRC
CRC
SDGR
SDGR
Q1 26
Q4 25
Q3 25
$1.0B
Q2 25
$1.0B
Q1 25
$1.0B
Q4 24
$1.1B
Q3 24
$1.1B
Q2 24
$1.2B
Stockholders' Equity
CRC
CRC
SDGR
SDGR
Q1 26
$2.9B
Q4 25
$3.7B
$364.1M
Q3 25
$3.4B
$321.4M
Q2 25
$3.4B
$342.9M
Q1 25
$3.5B
$373.5M
Q4 24
$3.5B
$421.4M
Q3 24
$3.5B
$449.4M
Q2 24
$2.1B
$474.0M
Total Assets
CRC
CRC
SDGR
SDGR
Q1 26
Q4 25
$7.4B
$726.2M
Q3 25
$6.8B
$653.7M
Q2 25
$6.7B
$688.2M
Q1 25
$6.8B
$743.0M
Q4 24
$7.1B
$823.2M
Q3 24
$7.1B
$669.3M
Q2 24
$4.5B
$688.4M
Debt / Equity
CRC
CRC
SDGR
SDGR
Q1 26
Q4 25
Q3 25
0.29×
Q2 25
0.30×
Q1 25
0.29×
Q4 24
0.32×
Q3 24
0.32×
Q2 24
0.57×

Cash Flow & Capital Efficiency

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

Metric
CRC
CRC
SDGR
SDGR
Operating Cash FlowLast quarter
$99.0M
$-16.1M
Free Cash FlowOCF − Capex
$-32.0M
$-16.1M
FCF MarginFCF / Revenue
-26.9%
-18.5%
Capex IntensityCapex / Revenue
0.0%
Cash ConversionOCF / Net Profit
-0.50×
TTM Free Cash FlowTrailing 4 quarters
$380.0M
$12.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CRC
CRC
SDGR
SDGR
Q1 26
$99.0M
Q4 25
$235.0M
$-16.1M
Q3 25
$279.0M
$-61.9M
Q2 25
$165.0M
$-52.2M
Q1 25
$186.0M
$144.1M
Q4 24
$206.0M
$-31.1M
Q3 24
$220.0M
$-33.3M
Q2 24
$97.0M
$-53.7M
Free Cash Flow
CRC
CRC
SDGR
SDGR
Q1 26
$-32.0M
Q4 25
$115.0M
$-16.1M
Q3 25
$188.0M
$-62.4M
Q2 25
$109.0M
$-52.5M
Q1 25
$131.0M
$143.5M
Q4 24
$118.0M
$-32.0M
Q3 24
$141.0M
$-34.6M
Q2 24
$63.0M
$-54.7M
FCF Margin
CRC
CRC
SDGR
SDGR
Q1 26
-26.9%
Q4 25
16.9%
-18.5%
Q3 25
26.3%
-114.8%
Q2 25
15.5%
-95.9%
Q1 25
16.1%
240.9%
Q4 24
14.3%
-36.2%
Q3 24
16.2%
-98.0%
Q2 24
15.3%
-115.6%
Capex Intensity
CRC
CRC
SDGR
SDGR
Q1 26
Q4 25
17.7%
0.0%
Q3 25
12.7%
0.9%
Q2 25
8.0%
0.6%
Q1 25
6.8%
1.0%
Q4 24
10.7%
1.0%
Q3 24
9.1%
3.8%
Q2 24
8.3%
2.1%
Cash Conversion
CRC
CRC
SDGR
SDGR
Q1 26
Q4 25
19.58×
-0.50×
Q3 25
4.36×
Q2 25
0.96×
Q1 25
1.62×
Q4 24
6.24×
Q3 24
0.64×
Q2 24
12.13×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CRC
CRC

Segment breakdown not available.

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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