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| 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 |