Schrodinger (SDGR) Operating Expenses (2019 - 2026)
Schrodinger's (SDGR) quarterly Operating Expenses came in at $74.0 million in Q2 2026, down 6.43% year-over-year from $79.1 million in Q2 2025, and down 5.57% quarter-over-quarter from $78.3 million in Q1 2026.
Analysis
Schrodinger (SDGR) Operating Expenses (2019 - 2026) Analysis & Trends
Schrodinger (SDGR) has reported Operating Expenses for 8 consecutive years, with $74.0 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Expenses fell 6.43% year-over-year to $74.0 million in Q2 2026; TTM through Jun 2026 was $300.8 million, a 9.43% decrease from a year earlier, with the FY2025 full-year figure at $309.5 million, down 9.34% from the prior year.
- Operating Expenses was $74.0 million for Q2 2026 at Schrodinger, down from $78.3 million in the prior quarter.
- Over five years, Operating Expenses peaked at $87.2 million in Q4 2023 and troughed at $56.6 million in Q1 2022.
- A 5-year average of $76.1 million and a median of $77.3 million in 2023 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses soared 43.2% in 2022 and dropped 14.12% in 2025, its largest moves.
- Over 5 years, Operating Expenses stood at $67.2 million in 2022, then gained by 29.64% to $87.2 million in 2023, then decreased by 2.67% to $84.8 million in 2024, then dropped by 12.25% to $74.4 million in 2025, then slipped by 0.63% to $74.0 million in 2026.
- The last three Operating Expenses figures came in at $74.0 million (Q2 2026), $78.3 million (Q1 2026), and $74.4 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 44.53 Bn | 37.29 Bn | 695.95 Mn | 420.93 Mn |
| 2 | Waystar Holding | 4.81 Bn | 4.62 Bn | 221.99 Mn | 243.63 Mn |
| 3 | Doximity | 4.74 Bn | 4.05 Bn | 132.93 Mn | 99.28 Mn |
| 4 | CCC Intelligent Solutions Holdings | 4.41 Bn | 4.30 Bn | 210.64 Mn | 163.00 Mn |
| 5 | EverCommerce | 1.40 Bn | 1.27 Bn | 119.50 Mn | 134.54 Mn |
| 6 | Schrodinger | 1.32 Bn | 904.47 Mn | 32.43 Mn | 73.98 Mn |
| 7 | Certara | 1.21 Bn | 1.03 Bn | 58.15 Mn | 58.35 Mn |
| 8 | GoodRx Holdings | 1.18 Bn | 887.53 Mn | 179.41 Mn | 176.78 Mn |
| 9 | Healthstream | 853.81 Mn | 787.08 Mn | 54.72 Mn | 75.41 Mn |
| 10 | Phreesia | 677.81 Mn | 677.81 Mn | 110.19 Mn | 121.85 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 73.98 Mn |
| 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 |