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
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