Schrodinger (SDGR) Operating Expenses (2019 - 2026)
Schrodinger's (SDGR) quarterly Operating Expenses came in at $78.3 million in Q1 2026, down 4.48% year-on-year from $82.0 million in Q1 2025, and up 5.23% on a QoQ basis from $74.4 million in Q4 2025.
Schrodinger (SDGR) Operating Expenses (2019 - 2026) Analysis & Trends
Schrodinger (SDGR) has 8 years of Operating Expenses data on file, last reported at $78.3 million in Q1 2026.
- On a quarterly basis, Operating Expenses fell 4.48% year-over-year to $78.3 million in Q1 2026; TTM through Mar 2026 was $305.8 million, a 9.27% decrease from a year earlier, with the FY2025 full-year figure at $309.5 million, down 9.34% from the prior year.
- Operating Expenses for Q1 2026 stood at $78.3 million, up from $74.4 million in the prior quarter.
- Over the last five years, Operating Expenses for SDGR reached as high as $87.2 million in Q4 2023 and fell as low as $56.6 million in Q1 2022.
- Historically, Operating Expenses has averaged $76.2 million across 5 years, with a median of $78.3 million in 2026.
- Across the five-year window, Operating Expenses surged 43.2% in 2022 and slipped 14.12% in 2025, its largest moves.
- Year by year, Operating Expenses stood at $67.2 million in 2022, then increased by 29.64% to $87.2 million in 2023, then fell by 2.67% to $84.8 million in 2024, then decreased by 12.25% to $74.4 million in 2025, then grew by 5.23% to $78.3 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $78.3 million in Q1 2026, $74.4 million in Q4 2025, and $74.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 29.34 Bn | 22.03 Bn | 662.02 Mn | 388.91 Mn |
| 2 | BrightSpring Health Services | 13.49 Bn | 12.59 Bn | 482.22 Mn | 360.77 Mn |
| 3 | Healthequity | 7.96 Bn | 7.70 Bn | 256.31 Mn | 153.36 Mn |
| 4 | 10x Genomics | 6.17 Bn | 5.63 Bn | 106.18 Mn | 123.22 Mn |
| 5 | Hinge Health | 6.02 Bn | 5.70 Bn | 154.23 Mn | 122.16 Mn |
| 6 | MiniMed | 4.19 Bn | 3.89 Bn | 480.00 Mn | 398.00 Mn |
| 7 | Waystar Holding | 4.14 Bn | 4.07 Bn | 216.84 Mn | 233.41 Mn |
| 8 | Doximity | 3.82 Bn | 3.08 Bn | 125.97 Mn | 101.14 Mn |
| 9 | Privia Health | 3.10 Bn | 2.73 Bn | - | 596.43 Mn |
| 10 | Schrodinger | 1.12 Bn | 851.74 Mn | 29.55 Mn | 78.34 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 78.34 Mn |
| Dec 31, 2025 | 74.45 Mn |
| Sep 30, 2025 | 73.99 Mn |
| Jun 30, 2025 | 79.06 Mn |
| Mar 31, 2025 | 82.01 Mn |
| Dec 31, 2024 | 84.84 Mn |
| Sep 30, 2024 | 86.15 Mn |
| Jun 30, 2024 | 84.06 Mn |
| Mar 31, 2024 | 86.32 Mn |
| Dec 31, 2023 | 87.17 Mn |
| Sep 30, 2023 | 79.83 Mn |
| Jun 30, 2023 | 74.94 Mn |
| Mar 31, 2023 | 76.19 Mn |
| Dec 31, 2022 | 67.24 Mn |
| Sep 30, 2022 | 63.36 Mn |
| Jun 30, 2022 | 60.61 Mn |
| Mar 31, 2022 | 56.63 Mn |
| Dec 31, 2021 | 48.88 Mn |
| Sep 30, 2021 | 45.79 Mn |
| Jun 30, 2021 | 42.32 Mn |