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Side-by-side financial comparison of Piedmont Realty Trust, Inc. (PDM) and Schrodinger, Inc. (SDGR). Click either name above to swap in a different company.

Piedmont Realty Trust, Inc. is the larger business by last-quarter revenue ($143.3M vs $87.2M, roughly 1.6× Schrodinger, Inc.). Schrodinger, Inc. runs the higher net margin — 37.3% vs -31.4%, a 68.7% gap on every dollar of revenue. On growth, Piedmont Realty Trust, Inc. posted the faster year-over-year revenue change (0.4% vs -1.2%). Over the past eight quarters, Schrodinger, Inc.'s revenue compounded faster (54.4% CAGR vs 0.0%).

Piedmont Realty Trust, Inc. is a publicly traded real estate investment trust (REIT) that owns, operates, and invests in high-quality office properties primarily located in high-growth metropolitan areas across the United States. It serves corporate tenants across multiple industry sectors including technology, professional services, and healthcare, and pursues stable long-term returns for stakeholders via strategic property management and portfolio optimization.

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.

PDM vs SDGR — Head-to-Head

Bigger by revenue
PDM
PDM
1.6× larger
PDM
$143.3M
$87.2M
SDGR
Growing faster (revenue YoY)
PDM
PDM
+1.7% gap
PDM
0.4%
-1.2%
SDGR
Higher net margin
SDGR
SDGR
68.7% more per $
SDGR
37.3%
-31.4%
PDM
Faster 2-yr revenue CAGR
SDGR
SDGR
Annualised
SDGR
54.4%
0.0%
PDM

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
PDM
PDM
SDGR
SDGR
Revenue
$143.3M
$87.2M
Net Profit
$-45.0M
$32.5M
Gross Margin
65.7%
Operating Margin
-19.7%
Net Margin
-31.4%
37.3%
Revenue YoY
0.4%
-1.2%
Net Profit YoY
-27.9%
180.8%
EPS (diluted)
$-0.10
$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
PDM
PDM
SDGR
SDGR
Q1 26
$143.3M
Q4 25
$142.9M
$87.2M
Q3 25
$139.2M
$54.3M
Q2 25
$140.3M
$54.8M
Q1 25
$142.7M
$59.6M
Q4 24
$143.2M
$88.3M
Q3 24
$139.3M
$35.3M
Q2 24
$143.3M
$47.3M
Net Profit
PDM
PDM
SDGR
SDGR
Q1 26
$-45.0M
Q4 25
$-43.2M
$32.5M
Q3 25
$-13.5M
$-32.8M
Q2 25
$-16.8M
$-43.2M
Q1 25
$-10.1M
$-59.8M
Q4 24
$-30.0M
$-40.2M
Q3 24
$-11.5M
$-38.1M
Q2 24
$-9.8M
$-54.0M
Gross Margin
PDM
PDM
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
PDM
PDM
SDGR
SDGR
Q1 26
Q4 25
-19.7%
Q3 25
-84.6%
Q2 25
-96.6%
Q1 25
-85.5%
Q4 24
-23.5%
Q3 24
-193.9%
Q2 24
-111.4%
Net Margin
PDM
PDM
SDGR
SDGR
Q1 26
-31.4%
Q4 25
-30.3%
37.3%
Q3 25
-9.7%
-60.4%
Q2 25
-12.0%
-78.8%
Q1 25
-7.1%
-100.4%
Q4 24
-20.9%
-45.5%
Q3 24
-8.3%
-108.1%
Q2 24
-6.8%
-114.2%
EPS (diluted)
PDM
PDM
SDGR
SDGR
Q1 26
$-0.10
Q4 25
$-0.34
$0.45
Q3 25
$-0.11
$-0.45
Q2 25
$-0.14
$-0.59
Q1 25
$-0.08
$-0.82
Q4 24
$-0.25
$-0.55
Q3 24
$-0.09
$-0.52
Q2 24
$-0.08
$-0.74

Balance Sheet & Financial Strength

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

Metric
PDM
PDM
SDGR
SDGR
Cash + ST InvestmentsLiquidity on hand
$2.3M
$395.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.5B
$364.1M
Total Assets
$4.0B
$726.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PDM
PDM
SDGR
SDGR
Q1 26
$2.3M
Q4 25
$731.0K
$395.5M
Q3 25
$3.0M
$391.2M
Q2 25
$3.3M
$450.2M
Q1 25
$2.9M
$500.3M
Q4 24
$109.6M
$352.1M
Q3 24
$133.6M
$388.7M
Q2 24
$138.5M
$377.3M
Total Debt
PDM
PDM
SDGR
SDGR
Q1 26
Q4 25
$2.2B
Q3 25
$2.2B
Q2 25
$2.2B
Q1 25
$2.2B
Q4 24
$2.2B
Q3 24
$2.2B
Q2 24
$2.2B
Stockholders' Equity
PDM
PDM
SDGR
SDGR
Q1 26
$1.5B
Q4 25
$1.5B
$364.1M
Q3 25
$1.5B
$321.4M
Q2 25
$1.5B
$342.9M
Q1 25
$1.6B
$373.5M
Q4 24
$1.6B
$421.4M
Q3 24
$1.6B
$449.4M
Q2 24
$1.7B
$474.0M
Total Assets
PDM
PDM
SDGR
SDGR
Q1 26
$4.0B
Q4 25
$4.0B
$726.2M
Q3 25
$4.0B
$653.7M
Q2 25
$4.0B
$688.2M
Q1 25
$4.0B
$743.0M
Q4 24
$4.1B
$823.2M
Q3 24
$4.1B
$669.3M
Q2 24
$4.2B
$688.4M
Debt / Equity
PDM
PDM
SDGR
SDGR
Q1 26
Q4 25
1.49×
Q3 25
1.43×
Q2 25
1.41×
Q1 25
1.40×
Q4 24
1.40×
Q3 24
1.36×
Q2 24
1.34×

Cash Flow & Capital Efficiency

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

Metric
PDM
PDM
SDGR
SDGR
Operating Cash FlowLast quarter
$-16.1M
Free Cash FlowOCF − Capex
$-16.1M
FCF MarginFCF / Revenue
-18.5%
Capex IntensityCapex / Revenue
110.3%
0.0%
Cash ConversionOCF / Net Profit
-0.50×
TTM Free Cash FlowTrailing 4 quarters
$12.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PDM
PDM
SDGR
SDGR
Q1 26
Q4 25
$140.6M
$-16.1M
Q3 25
$35.8M
$-61.9M
Q2 25
$50.1M
$-52.2M
Q1 25
$3.7M
$144.1M
Q4 24
$198.1M
$-31.1M
Q3 24
$42.9M
$-33.3M
Q2 24
$66.8M
$-53.7M
Free Cash Flow
PDM
PDM
SDGR
SDGR
Q1 26
Q4 25
$-16.1M
Q3 25
$-62.4M
Q2 25
$-52.5M
Q1 25
$143.5M
Q4 24
$-32.0M
Q3 24
$-34.6M
Q2 24
$-54.7M
FCF Margin
PDM
PDM
SDGR
SDGR
Q1 26
Q4 25
-18.5%
Q3 25
-114.8%
Q2 25
-95.9%
Q1 25
240.9%
Q4 24
-36.2%
Q3 24
-98.0%
Q2 24
-115.6%
Capex Intensity
PDM
PDM
SDGR
SDGR
Q1 26
110.3%
Q4 25
0.0%
Q3 25
0.9%
Q2 25
0.6%
Q1 25
1.0%
Q4 24
1.0%
Q3 24
3.8%
Q2 24
2.1%
Cash Conversion
PDM
PDM
SDGR
SDGR
Q1 26
Q4 25
-0.50×
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

PDM
PDM

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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