Schrodinger, Inc. (SDGR)

Schrödinger, Inc., together with its subsidiaries, develops physics-based computational platform that enables discovery of novel molecules for drug development and materials applications in the United States, the Asia-Pacific, Europe, Middle East, Africa, and internationally. The company operates in two segments, Software and Drug Discovery. The Software segment sells its software to transform molecular discovery for life sciences and materials science industries. The Drug Discovery segment focuses on building a portfolio of preclinical and clinical programs, internally and through collaborations. It has a research collaboration and license agreement with Novartis Pharma AG to advance multiple development candidates. Schrödinger, Inc. was incorporated in 1990 and is based in New York, New York.

Symbol
SDGR
Exchange
Nasdaq
Sector
Healthcare
Industry
Health Information Services
Market cap
$2.29B
52 week range
10.94 - 31.14

Valuation

Share price
$29.23 (close of 2026-09-23)
P/E (TTM)
-42.05x
Price to book
6.97x
Price to free cash flow
-17.61x
Enterprise value
$2.11B
Book value per share
$4.40

Price performance

PeriodChange
1 day-3.34%
5 days+25.72%
1 month+48.30%
3 months+94.35%
6 months+146.25%
Year to date+63.48%
1 year+53.36%
3 years+0.69%
5 years-51.69%
All time+2.06%

Profitability and growth

Return on equity
-28.37%
Return on invested capital
-68.75%
Return on assets
-14.22%
Return on capital employed
-31.08%
Gross margin
55.74%
Net margin
-40.36%
EBITDA margin
-62.87%
Revenue growth
23.29%
Net income growth
44.81%
Free cash flow growth
107.56%

Cash flow and balance sheet

Free cash flow yield (TTM)
-5.68%
Current ratio
2.71x
Net debt to EBITDA
1.22x

Latest reported year

Period end
2025-12-31
Fiscal year
2025
Revenue
$255.87M
Cost of revenue
$113.25M
Gross profit
$142.61M
EBITDA
$-160.87M
Net income
$-103.27M
Earnings per share
$-1.41
Research and development
$173.14M
Shares outstanding
73.44M

Income statement by year

Period endRevenueGross profitNet incomeEPS
2025-12-31$255.87M$142.61M$-103.27M$-1.41
2024-12-31$207.54M$132.08M$-187.12M$-2.57
2023-12-31$216.67M$140.69M$40.72M$0.57
2022-12-31$180.96M$101.02M$-149.19M$-2.10
2021-12-31$137.93M$65.62M$-100.39M$-1.42
2020-12-31$108.09M$63.47M$-24.46M$-0.41
2019-12-31$85.54M$49.09M$-24.57M$-4.09

Margins and returns by year

Period endGross marginNet marginReturn on equityReturn on capital
2025-12-3155.74%-40.36%-28.37%-68.75%
2024-12-3163.64%-90.16%-44.40%-53.40%
2023-12-3164.93%18.79%7.42%-34.05%
2022-12-3155.83%-82.44%-33.31%-30.98%
2021-12-3147.57%-72.78%-18.02%-21.57%
2020-12-3158.72%-22.63%-3.92%-14.05%
2019-12-3157.39%-28.72%26.33%-

Cash and debt by year

Period endCash
2025-12-31$230.52M
2024-12-31$147.33M
2023-12-31$155.31M
2022-12-31$90.47M
2021-12-31$120.27M
2020-12-31$202.30M
2019-12-31$25.99M

Free cash flow by year

Period endFree cash flowStock-based compensation
2025-12-31$12.46M$43.00M
2024-12-31$-164.68M$49.90M
2023-12-31$-150.14M$47.84M
2022-12-31$-127.70M$39.63M
2021-12-31$-77.84M$26.49M
2020-12-31$14.22M$10.54M
2019-12-31$-27.89M$2.19M

Investor relations

Next earnings report

Next confirmed report
2026-11-04

Past earnings dates

ReportedFiscal periodEPS estimate
2026-08-05Jun/2026-
2026-05-05--
2026-02-25--
2025-11-05--
2025-08-06--
2025-05-07--
2025-02-26--
2024-11-12--

Filings and sources

Company website
schrodinger.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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