Schrodinger (SDGR) Gross Margin (2019 - 2026)
Schrodinger's (SDGR) quarterly Gross Margin came in at 50.43% in Q1 2026, down 183.0% year-on-year from 60.76% in Q1 2025, and down 23.21% on a QoQ basis from 65.68% in Q4 2025.
Schrodinger (SDGR) Gross Margin (2019 - 2026) Analysis & Trends
Schrodinger (SDGR) has 8 years of Gross Margin data on file, last reported at 50.43% in Q1 2026.
- On a quarterly basis, Gross Margin fell 183.0% year-over-year to 50.43% in Q1 2026; TTM through Mar 2026 was 55.33%, a 728.0% decrease from a year earlier, with the FY2025 full-year figure at 55.74%, down 791.0% from the prior year.
- Gross Margin for Q1 2026 stood at 50.43%, down from 65.68% in the prior quarter.
- Over the last five years, Gross Margin for SDGR reached as high as 77.64% in Q4 2023 and fell as low as 39.25% in Q2 2023.
- Historically, Gross Margin has averaged 56.94% across 5 years, with a median of 52.26% in 2025.
- On a YoY basis, Gross Margin climbed as much as 2695 bps in 2024 and fell as far as 1892 bps in 2024.
- Year by year, Gross Margin stood at 68.09% in 2022, then climbed by 14 bps to 77.64% in 2023, then retreated by 6 bps to 72.61% in 2024, then slipped by 10 bps to 65.68% in 2025, then decreased by 23 bps to 50.43% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 50.43% in Q1 2026, 65.68% in Q4 2025, and 51.61% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 33.02 Bn | 25.71 Bn | 662.02 Mn | 74.98% |
| 2 | Healthequity | 8.59 Bn | 8.32 Bn | 256.31 Mn | 72.27% |
| 3 | 10x Genomics | 5.96 Bn | 5.42 Bn | 106.18 Mn | 70.39% |
| 4 | Hinge Health | 5.95 Bn | 5.64 Bn | 154.23 Mn | 84.60% |
| 5 | Waystar Holding | 4.58 Bn | 4.52 Bn | 216.84 Mn | 69.08% |
| 6 | MiniMed | 4.58 Bn | 4.28 Bn | 480.00 Mn | 57.35% |
| 7 | Doximity | 4.00 Bn | 3.25 Bn | 125.97 Mn | 86.65% |
| 8 | Privia Health | 3.07 Bn | 2.65 Bn | - | - |
| 9 | Omnicell | 1.92 Bn | 1.68 Bn | 140.36 Mn | 45.30% |
| 10 | Schrodinger | 1.13 Bn | 863.57 Mn | 29.55 Mn | 50.43% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 50.43% |
| Dec 31, 2025 | 65.68% |
| Sep 30, 2025 | 51.61% |
| Jun 30, 2025 | 47.77% |
| Mar 31, 2025 | 52.26% |
| Dec 31, 2024 | 72.61% |
| Sep 30, 2024 | 50.24% |
| Jun 30, 2024 | 66.20% |
| Mar 31, 2024 | 51.61% |
| Dec 31, 2023 | 77.64% |
| Sep 30, 2023 | 55.53% |
| Jun 30, 2023 | 39.25% |
| Mar 31, 2023 | 70.53% |
| Dec 31, 2022 | 68.09% |
| Sep 30, 2022 | 46.51% |
| Jun 30, 2022 | 44.54% |
| Mar 31, 2022 | 57.50% |
| Dec 31, 2021 | 57.10% |
| Sep 30, 2021 | 37.24% |
| Jun 30, 2021 | 40.22% |