Schrodinger (SDGR) Cost of Revenue (2019 - 2026)
Schrodinger's (SDGR) quarterly Cost of Revenue came in at $26.5 million in Q2 2026, down 7.5% year-over-year from $28.6 million in Q2 2025, and down 8.89% quarter-over-quarter from $29.0 million in Q1 2026.
Analysis
Schrodinger (SDGR) Cost of Revenue (2019 - 2026) Analysis & Trends
Schrodinger (SDGR) has reported Cost of Revenue for 8 consecutive years, with $26.5 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Cost of Revenue fell 7.5% year-over-year to $26.5 million in Q2 2026; TTM through Jun 2026 was $111.7 million, a 13.11% increase from a year earlier, with the FY2025 full-year figure at $113.3 million, up 50.09% from the prior year.
- Cost of Revenue was $26.5 million for Q2 2026 at Schrodinger, down from $29.0 million in the prior quarter.
- Over five years, Cost of Revenue peaked at $29.9 million in Q4 2025 and troughed at $16.0 million in Q2 2024.
- A 5-year average of $22.2 million and a median of $21.0 million in 2022 frame the typical range for Cost of Revenue.
- Across the five-year window, Cost of Revenue declined 25.16% in 2024 and jumped 78.77% in 2025, its largest moves.
- Over 5 years, Cost of Revenue stood at $18.1 million in 2022, then dropped by 8.62% to $16.6 million in 2023, then jumped by 45.92% to $24.2 million in 2024, then climbed by 23.79% to $29.9 million in 2025, then declined by 11.64% to $26.5 million in 2026.
- The last three Cost of Revenue figures came in at $26.5 million (Q2 2026), $29.0 million (Q1 2026), and $29.9 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 44.53 Bn | 37.29 Bn | 695.95 Mn | 232.01 Mn |
| 2 | Waystar Holding | 4.81 Bn | 4.62 Bn | 221.99 Mn | 97.69 Mn |
| 3 | Doximity | 4.74 Bn | 4.05 Bn | 132.93 Mn | 23.69 Mn |
| 4 | CCC Intelligent Solutions Holdings | 4.41 Bn | 4.30 Bn | 210.64 Mn | 75.29 Mn |
| 5 | EverCommerce | 1.40 Bn | 1.27 Bn | 119.50 Mn | 32.52 Mn |
| 6 | Schrodinger | 1.32 Bn | 904.47 Mn | 32.43 Mn | 26.46 Mn |
| 7 | Certara | 1.21 Bn | 1.03 Bn | 58.15 Mn | 35.12 Mn |
| 8 | GoodRx Holdings | 1.18 Bn | 887.53 Mn | 179.41 Mn | 21.00 Mn |
| 9 | Healthstream | 853.81 Mn | 787.08 Mn | 54.72 Mn | 29.02 Mn |
| 10 | Phreesia | 677.81 Mn | 677.81 Mn | 110.19 Mn | 19.27 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 26.46 Mn |
| Mar 31, 2026 | 29.04 Mn |
| Dec 31, 2025 | 29.94 Mn |
| Sep 30, 2025 | 26.29 Mn |
| Jun 30, 2025 | 28.60 Mn |
| Mar 31, 2025 | 28.43 Mn |
| Dec 31, 2024 | 24.19 Mn |
| Sep 30, 2024 | 17.56 Mn |
| Jun 30, 2024 | 16.00 Mn |
| Mar 31, 2024 | 17.71 Mn |
| Dec 31, 2023 | 16.58 Mn |
| Sep 30, 2023 | 18.93 Mn |
| Jun 30, 2023 | 21.38 Mn |
| Mar 31, 2023 | 19.09 Mn |
| Dec 31, 2022 | 18.14 Mn |
| Sep 30, 2022 | 19.78 Mn |
| Jun 30, 2022 | 21.34 Mn |
| Mar 31, 2022 | 20.68 Mn |
| Dec 31, 2021 | 19.81 Mn |
| Sep 30, 2021 | 18.74 Mn |