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| Date | Value |
|---|---|
| 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 |