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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |