Schrodinger (SDGR) Research & Development (2019 - 2026)

Schrodinger (SDGR) recorded quarterly Research & Development of $43.8 million in Q1 2026, up 5.86% quarter-over-quarter from $41.4 million in Q4 2025, and down 4.41% on a YoY basis from $45.8 million in Q1 2025.

Schrodinger (SDGR) Research & Development (2019 - 2026) Analysis & Trends

Schrodinger's Research & Development history runs 8 years deep, the most recent figure standing at $43.8 million for 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 $171.1 million (down 13.15% YoY), while the FY2025 annual figure was $173.1 million, down 14.2% from the prior year.
  • Research & Development was $43.8 million for Q1 2026 at Schrodinger, up from $41.4 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $51.5 million in Q4 2023 to a low of $27.8 million in Q1 2022.
  • Historically, Research & Development has averaged $42.8 million across 5 years, with a median of $43.1 million in 2025.
  • The sharpest annual moves came in 2023 and 2025: Research & Development surged 49.06% in 2023, then slipped 16.13% in 2025.
  • A 5-year view of Research & Development shows it stood at $34.5 million in 2022, then soared by 49.06% to $51.5 million in 2023, then dropped by 4.13% to $49.4 million in 2024, then retreated by 16.13% to $41.4 million in 2025, then gained by 5.86% to $43.8 million in 2026.
  • The last three Research & Development figures came in at $43.8 million (Q1 2026), $41.4 million (Q4 2025), and $42.8 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Veeva Systems 27.35 Bn 20.79 Bn 662.02 Mn 208.32 Mn
2 BrightSpring Health Services 12.12 Bn 11.24 Bn 482.22 Mn -
3 Healthequity 7.42 Bn 7.15 Bn 256.31 Mn 67.77 Mn
4 Hinge Health 4.95 Bn 4.64 Bn 154.23 Mn 30.34 Mn
5 Doximity 3.80 Bn 3.05 Bn 125.97 Mn 39.11 Mn
6 10x Genomics 3.78 Bn 3.24 Bn 106.18 Mn 56.85 Mn
7 Waystar Holding 3.65 Bn 3.49 Bn 268.04 Mn 18.37 Mn
8 Privia Health 2.66 Bn 2.29 Bn 595.71 Mn -
9 Omnicell 1.90 Bn 1.73 Bn 140.36 Mn 21.52 Mn
10 Schrodinger 1.06 Bn 659.83 Mn 29.55 Mn 43.82 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 43.82 Mn
Dec 31, 2025 41.40 Mn
Sep 30, 2025 42.76 Mn
Jun 30, 2025 43.14 Mn
Mar 31, 2025 45.84 Mn
Dec 31, 2024 49.36 Mn
Sep 30, 2024 50.98 Mn
Jun 30, 2024 50.84 Mn
Mar 31, 2024 50.61 Mn
Dec 31, 2023 51.49 Mn
Sep 30, 2023 46.83 Mn
Jun 30, 2023 42.71 Mn
Mar 31, 2023 40.74 Mn
Dec 31, 2022 34.54 Mn
Sep 30, 2022 32.89 Mn
Jun 30, 2022 31.12 Mn
Mar 31, 2022 27.82 Mn
Dec 31, 2021 25.15 Mn
Sep 30, 2021 23.22 Mn
Jun 30, 2021 21.09 Mn