The financials
Schrödinger, Inc. by the numbers
Schrödinger, Inc. (SDGR) reported revenue of $59M in Q1 2026 (quarter ended March 31, 2026), down 1.6% from the same quarter a year earlier. That came with a gross margin of 50% and net loss of $60M. For the full year FY2025, revenue was $256M (+23% year on year) and net income −$103M. Its largest product in 2026-Q1 was Drug Discovery at $23M, 40% of the disclosed total, just ahead of Hosted Software at 21%.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $59M | $60M | −1.6% |
| Gross profit | $30M | $31M | −5.1% |
| Operating income | −$49M | −$51M | n/a |
| Net income | −$60M | −$60M | n/a |
| Diluted EPS | −$0.81 | −$0.82 | n/a |
| Product | Revenue | Share |
|---|---|---|
| Drug Discovery | $23M | 40% |
| Hosted Software | $12M | 21% |
| Drug Discovery Services | $12M | 21% |
| Maintenance | $6.7M | 12% |
| Professional Services | $2.6M | 4.6% |
| Oncology Neurology And Immunology Product | $700K | 1.2% |
| Drug Discovery Contribution | $148K | 0.3% |
| Contribution | $72K | 0.1% |
| Software Products And Services | $3K | 0.0% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q1 2026Total $56.9M (-54%)
Drug Discovery grew +124% year on yearSoftware Contribution -100% year on year
Segment Latestquarter on quarteryear on year
- Drug Discovery$22.9M$22.9MQoQ +70%year on year +124%+70%+124%
- Hosted Software$12.1M$12.1MQoQ +4.3%year on year +11%+4.3%+11%
- Drug Discovery Services$11.7M$11.7MQoQ -10%year on year +105%-10%+105%
- Maintenance$6.7M$6.7MQoQ -2.4%year on year -2.0%-2.4%-2.0%
- Professional Services$2.6M$2.6MQoQ +66%year on year +40%+66%+40%
- Oncology Neurology And Immunology Product$700.0K$700.0KQoQ -year on year +17%-+17%
- Drug Discovery Contribution$148.0K$148.0KQoQ -year on year -70%--70%
- Contribution$72.0K$72.0KQoQ -year on year -98%--98%
- Software Products And Services$3.0K$3.0KQoQ -100%year on year -67%-100%-67%
- Revenue From Contract With Customer Before Contribution--QoQ -year on year ---
- Software Contribution$0.00$0.00QoQ -year on year -100%--100%
Health Information Services
Ranks #14 of 14 by Smart Score