Schrodinger/$SDGR

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About Schrodinger

Schrodinger Inc is a healthcare-based software company. It offers software solutions designed to support and accelerate the discovery, design, and optimization of molecules. The company operates in two reportable segments: Software and Drug Discovery. The software segment is focused on selling software to transform drug discovery across the life sciences industry, as well as to customers in materials science industries. The drug discovery segment is focused on generating revenue from a diverse portfolio of preclinical and clinical programs, internally and through collaborations, that have various stages of discovery and development. The majority of the company's revenue is derived from the Software segment. Geographically, it derives the maximum revenue from the United States.
Ticker
$SDGR
Sector
Health
Primary listing
NASDAQ
Employees
850

Schrodinger Metrics

BasicAdvanced
$2.2B
-
-$0.74
1.69
-

What the Analysts think about Schrodinger

Analyst ratings (Buy, Hold, Sell) for Schrodinger stock.
Analyst projections of the future price of Schrodinger stock.

Bulls say / Bears say

Underlying software demand is growing despite the hosted transition: Q2 ACV rose 27% to $29.6 million, while 2026 guidance calls for ACV growth of 10–15%. Early access to Bunsen and a large-scale Bristol Myers Squibb deployment could increase usage and broaden the customer base. (Last10K, BioSpace)
Schrödinger is shifting towards a more capital-light therapeutics model. Tectora raised $55 million from NEA and RA Capital to advance two early-stage programmes, while Schrödinger retained equity and potential milestone and royalty exposure without funding all development itself. (InvestorPlace)
The company has substantial financial flexibility to develop its platform and pursue partnerships: Q2 ended with $418.8 million in cash and marketable securities. Its physics-based FEP+ research also reported testing more than 230 compounds across five challenging targets, supporting the case that the platform offers differentiated scientific value. (Last10K, MarketChameleon)
Core software revenue fell 10% year on year to $32.5 million in Q2 as the shift to hosted licensing affected near-term revenue recognition. Software gross margin also fell to 71%, from 76% a year earlier. (Last10K)
The $6 million Q2 net profit was not evidence of recurring profitability: other income included a $48.9 million gain linked largely to Eli Lilly’s Ajax acquisition. Operating expenses were $74 million, above the quarter’s $58.9 million revenue. (Last10K)
Drug-discovery revenue remains lumpy and milestone-dependent: Q2’s rise to $23 million from $13.9 million was mainly due to a $10 million Ajax milestone, which also drove the higher 2026 guidance. Most pipeline assets remain preclinical, leaving future milestones and royalties uncertain. (Last10K, Seeking Alpha)
Data summarised monthly by Lightyear AI. Last updated on 17 Sept 2026.

Schrodinger Financial Performance

Revenues and expenses
Income statement
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
Net income
Profit margin

Schrodinger Earnings Performance

Company profitability
Earnings per share
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
Expected
Surprise

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