Schrodinger (SDGR) Operating Expenses (2019 - 2026)

Schrodinger (SDGR) recorded quarterly Operating Expenses of $78.3 million in Q1 2026, up 5.23% quarter-over-quarter from $74.4 million in Q4 2025, and down 4.48% on a YoY basis from $82.0 million in Q1 2025.

Schrodinger (SDGR) Operating Expenses (2019 - 2026) Analysis & Trends

Schrodinger's Operating Expenses history runs 8 years deep, the most recent figure standing at $78.3 million for Q1 2026.

  • In Q1 2026, Operating Expenses fell 4.48% year-over-year to $78.3 million; the TTM figure through Mar 2026 stood at $305.8 million (down 9.27% YoY), while the FY2025 annual figure was $309.5 million, down 9.34% from the prior year.
  • Operating Expenses was $78.3 million for Q1 2026 at Schrodinger, up from $74.4 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $87.2 million in Q4 2023 to a low of $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.
  • The sharpest annual moves came in 2022 and 2025: Operating Expenses surged 43.2% in 2022, then fell 14.12% in 2025.
  • A 5-year view of Operating Expenses shows it stood at $67.2 million in 2022, then grew by 29.64% to $87.2 million in 2023, then declined by 2.67% to $84.8 million in 2024, then retreated by 12.25% to $74.4 million in 2025, then climbed by 5.23% to $78.3 million in 2026.
  • The last three Operating Expenses figures came in at $78.3 million (Q1 2026), $74.4 million (Q4 2025), and $74.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Veeva Systems 27.35 Bn 20.79 Bn 662.02 Mn 388.91 Mn
2 BrightSpring Health Services 12.12 Bn 11.24 Bn 482.22 Mn 360.77 Mn
3 Healthequity 7.42 Bn 7.15 Bn 256.31 Mn 153.36 Mn
4 Hinge Health 4.95 Bn 4.64 Bn 154.23 Mn 122.16 Mn
5 Doximity 3.80 Bn 3.05 Bn 125.97 Mn 101.14 Mn
6 10x Genomics 3.78 Bn 3.24 Bn 106.18 Mn 123.22 Mn
7 Waystar Holding 3.65 Bn 3.49 Bn 268.04 Mn 233.41 Mn
8 Privia Health 2.66 Bn 2.29 Bn 595.71 Mn 596.43 Mn
9 Omnicell 1.90 Bn 1.73 Bn 140.36 Mn 123.51 Mn
10 Schrodinger 1.06 Bn 659.83 Mn 29.55 Mn 78.34 Mn

Historic Data

Download Data
DateValue
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