Schrodinger (SDGR) Research & Development (2019 - 2026)
Schrodinger (SDGR) posted Research & Development of $41 million for Q2 2026, down 5.0% from $43.14 million a year earlier and down 6.4% from the prior quarter.
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Analysis
Schrodinger (SDGR) Research & Development (2019 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Research & Development at Schrodinger was $168.98 million, down 10.7% year-over-year; for FY2025, it came in at $173.14 million, down 14.2% from FY2024.
- Annual Research & Development shows a five-year compound annual growth rate of 21.8% (FY2020 to FY2025).
- In prior years, Schrodinger's Research & Development was $201.79 million in FY2024 (+11.0%), $181.77 million in FY2023 (+43.8%), $126.37 million in FY2022 (+39.0%) and $90.9 million in FY2021 (+40.5%).
- The Q2 2026 figure stands as the lowest quarterly Research & Development since Q1 2023.
- On a year-over-year basis, Research & Development has declined in each of the last seven quarters, with an average decline of 7.7% over the last eight quarters.
- The strongest year-over-year quarter for Research & Development in the past five years was Q4 2023, with growth of 49.1%; the weakest was Q4 2025, with a decline of 16.1%.
- According to Business Quant data, Research & Development for the three prior quarters was $43.82 million (Q1 2026), $41.4 million (Q4 2025) and $42.76 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - | - |
| 2 | Veeva Systems | 45.35 Bn | 17.59 Bn | 695.95 Mn | 222.92 Mn |
| 3 | Samsara | 22.20 Bn | 18.97 Bn | 392.58 Mn | 102.56 Mn |
| 4 | Toast | 17.53 Bn | 10.20 Bn | 516.00 Mn | 109.00 Mn |
| 5 | Ptc | 15.47 Bn | 14.28 Bn | 490.47 Mn | 115.71 Mn |
| 6 | Trimble | 13.41 Bn | 12.48 Bn | 674.90 Mn | 177.10 Mn |
| 7 | Duolingo | 12.56 Bn | 7.73 Bn | 216.74 Mn | 92.20 Mn |
| 8 | Manhattan Associates | 11.77 Bn | 10.77 Bn | 168.33 Mn | 34.77 Mn |
| 9 | Costar | 10.95 Bn | 4.91 Bn | 728.00 Mn | 107.00 Mn |
| 10 | Schrodinger | 1.94 Bn | 336.25 Mn | 32.43 Mn | 41.00 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 |
API Access
Schrodinger Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=SDGR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "SDGR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=SDGR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();