Schrodinger (SDGR) Research & Development (2019 - 2026)
Schrodinger's (SDGR) quarterly Research & Development came in at $43.8 million in Q1 2026, down 4.41% year-on-year from $45.8 million in Q1 2025, and up 148.28% on a QoQ basis from -$90.8 million in Q4 2025.
Schrodinger (SDGR) Research & Development (2019 - 2026) Analysis & Trends
Schrodinger (SDGR) has 8 years of Research & Development data on file, last reported at $43.8 million in Q1 2026.
- On a quarterly basis, Research & Development fell 4.41% year-over-year to $43.8 million in Q1 2026; TTM through Mar 2026 was -$26.7 million, a 122.87% decrease from a year earlier, with the FY2025 full-year figure at $41.0 million, up 2.62% from the prior year.
- Research & Development for Q1 2026 stood at $43.8 million, up from -$90.8 million in the prior quarter.
- Over the last five years, Research & Development for SDGR reached as high as $105.1 million in Q4 2022 and fell as low as -$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.
- Across the five-year window, Research & Development jumped 463.46% in 2024 and plunged 1035.45% in 2025, its largest moves.
- Year by year, 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 surged by 148.28% to $43.8 million in 2026.
- Per Business Quant data, the three most recent Research & Development figures were $43.8 million in Q1 2026, -$90.8 million in Q4 2025, and $9.5 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 29.34 Bn | 22.03 Bn | 662.02 Mn | 208.32 Mn |
| 2 | BrightSpring Health Services | 13.49 Bn | 12.59 Bn | 482.22 Mn | - |
| 3 | Healthequity | 7.96 Bn | 7.70 Bn | 256.31 Mn | 26.83 Mn |
| 4 | 10x Genomics | 6.17 Bn | 5.63 Bn | 106.18 Mn | 56.85 Mn |
| 5 | Hinge Health | 6.02 Bn | 5.70 Bn | 154.23 Mn | 30.34 Mn |
| 6 | MiniMed | 4.19 Bn | 3.89 Bn | 480.00 Mn | 99.00 Mn |
| 7 | Waystar Holding | 4.14 Bn | 4.07 Bn | 216.84 Mn | 45.83 Mn |
| 8 | Doximity | 3.82 Bn | 3.08 Bn | 125.97 Mn | 39.11 Mn |
| 9 | Privia Health | 3.10 Bn | 2.73 Bn | - | 8.13 Mn |
| 10 | Schrodinger | 1.12 Bn | 851.74 Mn | 29.55 Mn | 43.82 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 21.09 Mn |