Fundies.
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Schrodinger, Inc.

EDGAR
SDGR Quarterly report (10-Q) · filed 2026-08-05

Annual consolidated revenue for 2025: about USD 255.9M, using the latest reported figures. The previous period, 2024, was about USD 207.5M.

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Watchlist

Latest quarter

Revenue

58.9 million USD

2026 Q2 · USD

Exact inputs and evidence

Operating margin

-70.55%

2026 Q2 · %

Exact inputs and evidence
  • Operating Income: -41547000 USD Source
  • Revenue: 58889000 USD Source

Operating cash flow

-34.1 million USD

2026 Q2 · USD

Exact inputs and evidence
  • Operating Cash Flow: -48904000 USD Source
  • Operating Cash Flow: -14834000 USD Source

Free cash flow

-34.4 million USD

2026 Q2 · USD

Exact inputs and evidence
  • Operating Cash Flow: -48904000 USD Source
  • Operating Cash Flow: -14834000 USD Source
  • Capital Expenditure: 2869000 USD Source
  • Capital Expenditure: 2507000 USD Source
Cash and cash equivalents
288 million USD Source
Exact value

287853000 USD

Long-term debt including current maturities
Not available
Shares outstanding
63 million shares Source
Exact value

62977316 shares

Reported share-count change

1.31% · 814 thousand shares

Year-over-year change in reported shares. Splits, issuance and buybacks can affect this figure; it does not isolate employee compensation or economic dilution.

Exact inputs and evidence
  • 62163739 shares · 2022-12-31· Source
  • 62977316 shares · 2023-12-31· Source

Trailing twelve months

The four most recent complete quarters added together. This gives a full-year view that includes the latest quarterly results.

Revenue

259 million USD

2025-07-01 – 2026-06-30

Exact inputs and evidence
  • Revenue: 54324000 USD · 2025-07-01 – 2025-09-30 Source
  • Revenue: 255869000 USD · 2025-01-01 – 2025-12-31 Source
  • Revenue: 168634000 USD · 2025-01-01 – 2025-09-30 Source
  • Revenue: 58587000 USD · 2026-01-01 – 2026-03-31 Source
  • Revenue: 58889000 USD · 2026-04-01 – 2026-06-30 Source

Net income

-54.3 million USD

2025-07-01 – 2026-06-30

Exact inputs and evidence
  • Net income: -32795000 USD · 2025-07-01 – 2025-09-30 Source
  • Net income: -103265000 USD · 2025-01-01 – 2025-12-31 Source
  • Net income: -135776000 USD · 2025-01-01 – 2025-09-30 Source
  • Net income: -60026000 USD · 2026-01-01 – 2026-03-31 Source
  • Net income: 5975000 USD · 2026-04-01 – 2026-06-30 Source

Operating cash flow

-127 million USD

2025-07-01 – 2026-06-30

Exact inputs and evidence
  • Operating cash flow: 29992000 USD · 2025-01-01 – 2025-09-30 Source
  • Operating cash flow: 91865000 USD · 2025-01-01 – 2025-06-30 Source
  • Operating cash flow: 13899000 USD · 2025-01-01 – 2025-12-31 Source
  • Operating cash flow: 29992000 USD · 2025-01-01 – 2025-09-30 Source
  • Operating cash flow: -14834000 USD · 2026-01-01 – 2026-03-31 Source
  • Operating cash flow: -48904000 USD · 2026-01-01 – 2026-06-30 Source
  • Operating cash flow: -14834000 USD · 2026-01-01 – 2026-03-31 Source

Capital expenditure

3.4 million USD

2025-07-01 – 2026-06-30

Exact inputs and evidence
  • Capital expenditure: 1401000 USD · 2025-01-01 – 2025-09-30 Source
  • Capital expenditure: 910000 USD · 2025-01-01 – 2025-06-30 Source
  • Capital expenditure: 1442000 USD · 2025-01-01 – 2025-12-31 Source
  • Capital expenditure: 1401000 USD · 2025-01-01 – 2025-09-30 Source
  • Capital expenditure: 2507000 USD · 2026-01-01 – 2026-03-31 Source
  • Capital expenditure: 2869000 USD · 2026-01-01 – 2026-06-30 Source
  • Capital expenditure: 2507000 USD · 2026-01-01 – 2026-03-31 Source

Free cash flow

-130 million USD

2025-07-01 – 2026-06-30

Exact inputs and evidence
  • Operating cash flow: 29992000 USD · 2025-01-01 – 2025-09-30 Source
  • Operating cash flow: 91865000 USD · 2025-01-01 – 2025-06-30 Source
  • Operating cash flow: 13899000 USD · 2025-01-01 – 2025-12-31 Source
  • Operating cash flow: 29992000 USD · 2025-01-01 – 2025-09-30 Source
  • Operating cash flow: -14834000 USD · 2026-01-01 – 2026-03-31 Source
  • Operating cash flow: -48904000 USD · 2026-01-01 – 2026-06-30 Source
  • Operating cash flow: -14834000 USD · 2026-01-01 – 2026-03-31 Source
  • Capital expenditure: 1401000 USD · 2025-01-01 – 2025-09-30 Source
  • Capital expenditure: 910000 USD · 2025-01-01 – 2025-06-30 Source
  • Capital expenditure: 1442000 USD · 2025-01-01 – 2025-12-31 Source
  • Capital expenditure: 1401000 USD · 2025-01-01 – 2025-09-30 Source
  • Capital expenditure: 2507000 USD · 2026-01-01 – 2026-03-31 Source
  • Capital expenditure: 2869000 USD · 2026-01-01 – 2026-06-30 Source
  • Capital expenditure: 2507000 USD · 2026-01-01 – 2026-03-31 Source

Company performance

Up to ten complete financial years · consolidated figures

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2026-08-05.

Financial data available through: 2025-12-31.

Coverage by financial measure
  • Revenue: 7 of 11 periods available· newest 2025-12-31
  • Operating income: 7 of 11 periods available· newest 2025-12-31
  • Net income: 7 of 11 periods available· newest 2025-12-31
  • Operating cash flow: 7 of 11 periods available· newest 2025-12-31
  • Capital expenditure: 7 of 11 periods available· newest 2025-12-31
  • Total assets: 7 of 11 periods available· newest 2025-12-31
  • Total liabilities: 7 of 11 periods available· newest 2025-12-31
  • Current assets: 7 of 11 periods available· newest 2025-12-31
  • Current liabilities: 7 of 11 periods available· newest 2025-12-31
  • Cash and cash equivalents: 7 of 11 periods available· newest 2025-12-31
  • long term debt: No compatible figures in this window
  • Shares outstanding: 5 of 11 periods available· newest 2023-12-31

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

  • Revenue

    +23.3%

    Prior period

    USD 207.54 million

    –

    Current period

    USD 255.87 million

    –

    Exact inputs and evidence

    255869000 − 207539000 = 48330000 USD

    207539000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    255869000 USD · 2025-01-01 – 2025-12-31

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  • Net income

    +USD 83.86 million

    Prior period

    −USD 187.12 million

    –

    Current period

    −USD 103.27 million

    –

    Exact inputs and evidence

    -103265000 − -187123000 = 83858000 USD

    -187123000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    -103265000 USD · 2025-01-01 – 2025-12-31

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  • Operating cash flow

    +USD 171.27 million

    Prior period

    −USD 157.37 million

    –

    Current period

    USD 13.9 million

    –

    Exact inputs and evidence

    13899000 − -157368000 = 171267000 USD

    -157368000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    13899000 USD · 2025-01-01 – 2025-12-31

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  • Capital expenditure

    -80.3%

    Prior period

    USD 7.31 million

    –

    Current period

    USD 1.44 million

    –

    Exact inputs and evidence

    1442000 − 7311000 = -5869000 USD

    7311000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    1442000 USD · 2025-01-01 – 2025-12-31

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Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2025 2025-01-01 – 2025-12-31

  • Revenue USD 255.87 million 100% of revenue
  • Cost of revenue USD 113.26 million 44% of revenue
  • Operating expenses USD 309.51 million 121% of revenue
  • Operating income −USD 166.9 million −65% of revenue
  • Tax, interest and other Derived −USD 63.63 million −25% of revenue
  • Net income −USD 103.27 million −40% of revenue

Cash

  • Operating cash flow USD 13.9 million 5.4% of revenue
  • Capital expenditure USD 1.44 million 0.6% of revenue
  • Free cash flow Derived USD 12.46 million 4.9% of revenue

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 2019 Operating loss: operating costs were 145% of revenue.
  • 2020 Operating loss: operating costs were 156% of revenue.
  • 2021 Operating loss: operating costs were 181% of revenue.
  • 2022 Operating loss: operating costs were 181% of revenue.
  • 2023 Operating loss: operating costs were 182% of revenue.
  • 2024 Operating loss: operating costs were 201% of revenue.
  • 2025 Operating loss: operating costs were 165% of revenue.
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
2019 2019-01-01 – 2019-12-3185543000 124258000 Derived -38715000 -14144000 Derived -24571000 -27895000 Derived
Source
2020 2020-01-01 – 2020-12-31108095000 169011000 Derived -60916000 -36453000 Derived -24463000 14219000 Derived
Source
2021 2021-01-01 – 2021-12-31137931000 249374000 Derived -111443000 -11050000 Derived -100393000 -77836000 Derived
Source
2022 2022-01-01 – 2022-12-31180955000 327772000 Derived -146817000 2369000 Derived -149186000 -127697000 Derived
Source
2023 2023-01-01 – 2023-12-31216666000 394114000 Derived -177448000 -218168000 Derived 40720000 -150136000 Derived
Source
2024 2024-01-01 – 2024-12-31207539000 416835000 Derived -209296000 -22173000 Derived -187123000 -164679000 Derived
Source
2025 2025-01-01 – 2025-12-31255869000 422765000 Derived -166896000 -63631000 Derived -103265000 12457000 Derived
Source

Amounts are exact, in USD.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

USD 255.9M 2025
Revenue historyRevenue reported for each complete financial period. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.276.3M207.3M138.2M69.1M0.0201920222025
Values and sources
Revenue values and source evidence
PeriodSeriesValue(USD)Source evidence
2019Revenue85543000
2020Revenue108095000
2021Revenue137931000
2022Revenue180955000
2023Revenue216666000
2024Revenue207539000
2025Revenue255869000

Revenue growth

Change in revenue from the same financial period one year earlier.

23.3% 2025
Revenue growth historyChange in revenue from the same financial period one year earlier. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.34%24%13%3%-7%201920222025
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
2019Year over yearNo prior comparable period
2020Year over year26.4%
2021Year over year27.6%
2022Year over year31.2%
2023Year over year19.7%
2024Year over year-4.2%
2025Year over year23.3%

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin -65.2% 2025
Net margin -40.4% 2025
Free cash flow margin 4.9% 2025
Profit margins historyOperating income, net income and free cash flow as a share of revenue. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.28%-6%-41%-76%-110%201920222025
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
2019Operating margin-45.3%
2020Operating margin-56.4%
2021Operating margin-80.8%
2022Operating margin-81.1%
2023Operating margin-81.9%
2024Operating margin-100.8%
2025Operating margin-65.2%
2019Net margin-28.7%
2020Net margin-22.6%
2021Net margin-72.8%
2022Net margin-82.4%
2023Net margin18.8%
2024Net margin-90.2%
2025Net margin-40.4%
2019Free cash flow margin-32.6%
2020Free cash flow margin13.2%
2021Free cash flow margin-56.4%
2022Free cash flow margin-70.6%
2023Free cash flow margin-69.3%
2024Free cash flow margin-79.3%
2025Free cash flow margin4.9%

Operating cash flow

Cash generated by the company’s normal business operations.

USD 13.9M 2025
Operating cash flow historyCash generated by the company’s normal business operations. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.30.7M-19.8M-70.3M-120.8M-171.3M201920222025
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2019Operating cash flow-26059000
2020Operating cash flow16757000
2021Operating cash flow-70669000
2022Operating cash flow-119683000
2023Operating cash flow-136733000
2024Operating cash flow-157368000
2025Operating cash flow13899000

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

USD 12.5M 2025
Free cash flow historyOperating cash flow minus capital expenditure for the same period and unit. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.28.5M-23.3M-75.2M-127.1M-179.0M201920222025
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2019Free cash flow-27895000
2020Free cash flow14219000
2021Free cash flow-77836000
2022Free cash flow-127697000
2023Free cash flow-150136000
2024Free cash flow-164679000
2025Free cash flow12457000

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

49.9% 2025
Liabilities to assets historyTotal liabilities as a share of total assets. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.54%40%27%13%0%201920222025
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
2019Liabilities / assets36.7%
2020Liabilities / assets16.4%
2021Liabilities / assets26.4%
2022Liabilities / assets35%
2023Liabilities / assets31.7%
2024Liabilities / assets48.8%
2025Liabilities / assets49.9%

Current assets to current liabilities

Current assets divided by current liabilities.

2.75× 2025
Current assets to current liabilities historyCurrent assets divided by current liabilities. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.10.08×7.56×5.04×2.52×0.00×201920222025
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
2019Current assets / current liabilities2.63×
2020Current assets / current liabilities9.33×
2021Current assets / current liabilities6.85×
2022Current assets / current liabilities4.91×
2023Current assets / current liabilities4.25×
2024Current assets / current liabilities3.31×
2025Current assets / current liabilities2.75×

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
PeriodNet incomeOperating cash flowCapital expenditureFree cash flow
2019 2019-01-01 – 2019-12-31
−USD 24.57 million
Exact value

Exact value: -24571000 USD

2019-01-01 – 2019-12-31: -24571000 USD Inspect Net Income Open source
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−USD 26.06 million
Exact value

Exact value: -26059000 USD

2019-01-01 – 2019-12-31: -26059000 USD Inspect Operating Cash Flow Open source
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USD 1.84 million
Exact value

Exact value: 1836000 USD

2019-01-01 – 2019-12-31: 1836000 USD Inspect Capital Expenditure Open source
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−USD 27.9 million
Calculation and evidence

-26059000 − 1836000 USD

Exact free cash flow: -27895000 USD

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2020 2020-01-01 – 2020-12-31
−USD 24.46 million
Exact value

Exact value: -24463000 USD

2020-01-01 – 2020-12-31: -24463000 USD Inspect Net Income Open source
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USD 16.76 million
Exact value

Exact value: 16757000 USD

2020-01-01 – 2020-12-31: 16757000 USD Inspect Operating Cash Flow Open source
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USD 2.54 million
Exact value

Exact value: 2538000 USD

2020-01-01 – 2020-12-31: 2538000 USD Inspect Capital Expenditure Open source
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USD 14.22 million
Calculation and evidence

16757000 − 2538000 USD

Exact free cash flow: 14219000 USD

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2021 2021-01-01 – 2021-12-31
−USD 100.39 million
Exact value

Exact value: -100393000 USD

2021-01-01 – 2021-12-31: -100393000 USD Inspect Net Income Open source
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−USD 70.67 million
Exact value

Exact value: -70669000 USD

2021-01-01 – 2021-12-31: -70669000 USD Inspect Operating Cash Flow Open source
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USD 7.17 million
Exact value

Exact value: 7167000 USD

2021-01-01 – 2021-12-31: 7167000 USD Inspect Capital Expenditure Open source
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−USD 77.84 million
Calculation and evidence

-70669000 − 7167000 USD

Exact free cash flow: -77836000 USD

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2022 2022-01-01 – 2022-12-31
−USD 149.19 million
Exact value

Exact value: -149186000 USD

2022-01-01 – 2022-12-31: -149186000 USD Inspect Net Income Open source
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−USD 119.68 million
Exact value

Exact value: -119683000 USD

2022-01-01 – 2022-12-31: -119683000 USD Inspect Operating Cash Flow Open source
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USD 8.01 million
Exact value

Exact value: 8014000 USD

2022-01-01 – 2022-12-31: 8014000 USD Inspect Capital Expenditure Open source
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−USD 127.7 million
Calculation and evidence

-119683000 − 8014000 USD

Exact free cash flow: -127697000 USD

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2023 2023-01-01 – 2023-12-31
USD 40.72 million
Exact value

Exact value: 40720000 USD

2023-01-01 – 2023-12-31: 40720000 USD Inspect Net Income Open source
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−USD 136.73 million
Exact value

Exact value: -136733000 USD

2023-01-01 – 2023-12-31: -136733000 USD Inspect Operating Cash Flow Open source
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USD 13.4 million
Exact value

Exact value: 13403000 USD

2023-01-01 – 2023-12-31: 13403000 USD Inspect Capital Expenditure Open source
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−USD 150.14 million
Calculation and evidence

-136733000 − 13403000 USD

Exact free cash flow: -150136000 USD

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2024 2024-01-01 – 2024-12-31
−USD 187.12 million
Exact value

Exact value: -187123000 USD

2024-01-01 – 2024-12-31: -187123000 USD Inspect Net Income Open source
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−USD 157.37 million
Exact value

Exact value: -157368000 USD

2024-01-01 – 2024-12-31: -157368000 USD Inspect Operating Cash Flow Open source
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USD 7.31 million
Exact value

Exact value: 7311000 USD

2024-01-01 – 2024-12-31: 7311000 USD Inspect Capital Expenditure Open source
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−USD 164.68 million
Calculation and evidence

-157368000 − 7311000 USD

Exact free cash flow: -164679000 USD

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2025 2025-01-01 – 2025-12-31
−USD 103.27 million
Exact value

Exact value: -103265000 USD

2025-01-01 – 2025-12-31: -103265000 USD Inspect Net Income Open source
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USD 13.9 million
Exact value

Exact value: 13899000 USD

2025-01-01 – 2025-12-31: 13899000 USD Inspect Operating Cash Flow Open source
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USD 1.44 million
Exact value

Exact value: 1442000 USD

2025-01-01 – 2025-12-31: 1442000 USD Inspect Capital Expenditure Open source
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USD 12.46 million
Calculation and evidence

13899000 − 1442000 USD

Exact free cash flow: 12457000 USD

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Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

30 filings · 2,719 latest values · 2,719 originally reported values

Dataset published . Source filing dates and reporting periods are shown separately.

Identifiers: 0001490978, 1490978, SDGR, edgar:1490978

Also known as Schrodinger, Inc.