Schrodinger (SDGR) Operating Expenses (2019 - 2026)
Schrodinger (SDGR) posted quarterly Operating Expenses of $78.3 million for Q1 2026, down 4.48% year-over-year from $82.0 million in Q1 2025, and up 5.23% quarter-over-quarter from $74.4 million in Q4 2025.
Schrodinger (SDGR) Operating Expenses (2019 - 2026) Analysis & Trends
Schrodinger (SDGR) has reported Operating Expenses for 8 consecutive years, with $78.3 million the latest figure, recorded in 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 rose to $78.3 million in Q1 2026 per SDGR's latest filing, from $74.4 million in the prior quarter.
- Across five years, Operating Expenses topped out at $87.2 million in Q4 2023 and bottomed at $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.
- Annual changes were most pronounced in 2022 — Operating Expenses jumped 43.2% — and 2025, when it declined 14.12%.
- Schrodinger's Operating Expenses stood at $67.2 million in 2022, then climbed by 29.64% to $87.2 million in 2023, then dropped by 2.67% to $84.8 million in 2024, then fell by 12.25% to $74.4 million in 2025, then advanced by 5.23% to $78.3 million in 2026.
- Business Quant data shows SDGR's Operating Expenses at $78.3 million in Q1 2026, $74.4 million in Q4 2025, and $74.0 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 39.72 Bn | 32.40 Bn | 662.02 Mn | 388.91 Mn |
| 2 | BrightSpring Health Services | 12.19 Bn | 11.64 Bn | 492.75 Mn | 362.36 Mn |
| 3 | Healthequity | 8.79 Bn | 8.52 Bn | 256.31 Mn | 153.36 Mn |
| 4 | 10x Genomics | 7.31 Bn | 6.76 Bn | 112.50 Mn | 132.05 Mn |
| 5 | Hinge Health | 7.10 Bn | 6.71 Bn | 183.95 Mn | 143.51 Mn |
| 6 | MiniMed | 5.66 Bn | 5.36 Bn | 480.00 Mn | 398.00 Mn |
| 7 | Waystar Holding | 4.76 Bn | 4.56 Bn | 221.99 Mn | 243.63 Mn |
| 8 | Doximity | 4.46 Bn | 3.77 Bn | 132.93 Mn | 99.28 Mn |
| 9 | Heartflow | 3.66 Bn | 3.28 Bn | 53.19 Mn | 71.09 Mn |
| 10 | Schrodinger | 1.15 Bn | 740.43 Mn | 32.43 Mn | 73.98 Mn |
Historic Data
Download 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 |