Schrodinger SDGR
NASDAQ SDGR
$20.09 -0.62 (-2.99%)
At close: Sep 4, 2026 · 4:00 PM EDT

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

Schrodinger's (SDGR) quarterly Research & Development came in at $41.0 million in Q2 2026, down 4.96% year-over-year from $43.1 million in Q2 2025, and down 6.45% quarter-over-quarter from $43.8 million in Q1 2026.

Analysis

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

Schrodinger (SDGR) has reported Research & Development for 8 consecutive years, with $41.0 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Research & Development fell 4.96% year-over-year to $41.0 million in Q2 2026; TTM through Jun 2026 was $169.0 million, a 10.75% decrease from a year earlier, with the FY2025 full-year figure at $173.1 million, down 14.2% from the prior year.
  • Research & Development was $41.0 million for Q2 2026 at Schrodinger, down from $43.8 million in the prior quarter.
  • Over five years, Research & Development peaked at $51.5 million in Q4 2023 and troughed at $27.8 million in Q1 2022.
  • A 5-year average of $42.7 million and a median of $42.9 million in 2025 frame the typical range for Research & Development.
  • Across the five-year window, Research & Development soared 49.06% in 2023 and retreated 16.13% in 2025, its largest moves.
  • Over 5 years, Research & Development stood at $34.5 million in 2022, then soared by 49.06% to $51.5 million in 2023, then retreated by 4.13% to $49.4 million in 2024, then dropped by 16.13% to $41.4 million in 2025, then slipped by 0.97% to $41.0 million in 2026.
  • The last three Research & Development figures came in at $41.0 million (Q2 2026), $43.8 million (Q1 2026), and $41.4 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Veeva Systems 44.53 Bn 37.29 Bn 695.95 Mn 222.92 Mn
2 Waystar Holding 4.81 Bn 4.62 Bn 221.99 Mn 50.38 Mn
3 Doximity 4.74 Bn 4.05 Bn 132.93 Mn 45.05 Mn
4 CCC Intelligent Solutions Holdings 4.41 Bn 4.30 Bn 210.64 Mn 52.99 Mn
5 EverCommerce 1.40 Bn 1.27 Bn 119.50 Mn 33.72 Mn
6 Schrodinger 1.32 Bn 904.47 Mn 32.43 Mn 41.00 Mn
7 Certara 1.21 Bn 1.03 Bn 58.15 Mn 14.98 Mn
8 GoodRx Holdings 1.18 Bn 887.53 Mn 179.41 Mn 81.99 Mn
9 Healthstream 853.81 Mn 787.08 Mn 54.72 Mn 13.58 Mn
10 Phreesia 677.81 Mn 677.81 Mn 110.19 Mn 27.57 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 41.00 Mn
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