Schrodinger (SDGR) Research & Development (2019 - 2026)
Schrodinger (SDGR) posted quarterly Research & Development of $43.8 million for Q1 2026, down 4.41% year-over-year from $45.8 million in Q1 2025, and up 148.28% quarter-over-quarter from -$90.8 million in Q4 2025.
Schrodinger (SDGR) Research & Development (2019 - 2026) Analysis & Trends
Schrodinger (SDGR) has reported Research & Development for 8 consecutive years, with $43.8 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Research & Development fell 4.41% year-over-year to $43.8 million; the TTM figure through Mar 2026 stood at -$26.7 million (down 122.87% YoY), while the FY2025 annual figure was $41.0 million, up 2.62% from the prior year.
- Research & Development grew to $43.8 million in Q1 2026 per SDGR's latest filing, from -$90.8 million in the prior quarter.
- Across five years, Research & Development topped out at $105.1 million in Q4 2022 and bottomed at -$90.8 million in Q4 2025.
- Historically, Research & Development has averaged $19.2 million across 5 years, with a median of $10.2 million in 2024.
- Annual changes were most pronounced in 2024 — Research & Development soared 463.46% — and 2025, when it slumped 1035.45%.
- Schrodinger's Research & Development stood at $105.1 million in 2022, then slumped by 51.02% to $51.5 million in 2023, then plunged by 81.15% to $9.7 million in 2024, then plunged by 1035.45% to -$90.8 million in 2025, then soared by 148.28% to $43.8 million in 2026.
- Business Quant data shows SDGR's Research & Development at $43.8 million in Q1 2026, -$90.8 million in Q4 2025, and $9.5 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 39.72 Bn | 32.40 Bn | 662.02 Mn | 208.32 Mn |
| 2 | BrightSpring Health Services | 12.19 Bn | 11.64 Bn | 492.75 Mn | - |
| 3 | Healthequity | 8.79 Bn | 8.52 Bn | 256.31 Mn | 26.83 Mn |
| 4 | 10x Genomics | 7.31 Bn | 6.76 Bn | 112.50 Mn | 56.79 Mn |
| 5 | Hinge Health | 7.10 Bn | 6.71 Bn | 183.95 Mn | 81.41 Mn |
| 6 | MiniMed | 5.66 Bn | 5.36 Bn | 480.00 Mn | 99.00 Mn |
| 7 | Waystar Holding | 4.76 Bn | 4.56 Bn | 221.99 Mn | 50.38 Mn |
| 8 | Doximity | 4.46 Bn | 3.77 Bn | 132.93 Mn | 45.05 Mn |
| 9 | Heartflow | 3.66 Bn | 3.28 Bn | 53.19 Mn | 30.58 Mn |
| 10 | Schrodinger | 1.15 Bn | 740.43 Mn | 32.43 Mn | 41.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 41.00 Mn |
| Mar 31, 2026 | 43.82 Mn |
| Dec 31, 2025 | -90.78 Mn |
| Sep 30, 2025 | 9.52 Mn |
| Jun 30, 2025 | 10.73 Mn |
| Mar 31, 2025 | 45.84 Mn |
| Dec 31, 2024 | 9.70 Mn |
| Sep 30, 2024 | 10.35 Mn |
| Jun 30, 2024 | 50.84 Mn |
| Mar 31, 2024 | 10.17 Mn |
| Dec 31, 2023 | 51.49 Mn |
| Sep 30, 2023 | 9.11 Mn |
| Jun 30, 2023 | 9.02 Mn |
| Mar 31, 2023 | 9.15 Mn |
| Dec 31, 2022 | 105.11 Mn |
| Sep 30, 2022 | 7.16 Mn |
| Jun 30, 2022 | 7.43 Mn |
| Mar 31, 2022 | 27.82 Mn |
| Dec 31, 2021 | 25.15 Mn |
| Sep 30, 2021 | 5.56 Mn |