Schrodinger (SDGR) Tax Rate (2019 - 2026)
Schrodinger (SDGR) recorded quarterly Tax Rate of 0.68% in Q1 2026, down 148.84% quarter-over-quarter from 1.4% in Q4 2025, and down 64.0% on a YoY basis from 1.9% in Q1 2025.
Schrodinger (SDGR) Tax Rate (2019 - 2026) Analysis & Trends
Schrodinger's Tax Rate history runs 8 years deep, the most recent figure standing at 0.68% for Q1 2026.
- In Q1 2026, Tax Rate fell 64.0% year-over-year to 0.68%; the TTM figure through Mar 2026 stood at 1.29% (down 78.0% YoY), while the FY2025 annual figure was 0.92%, down 16.0% from the prior year.
- Tax Rate was 0.68% for Q1 2026 at Schrodinger, down from 1.4% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 126.48% in Q2 2023 to a low of 2.45% in Q4 2024.
- Historically, Tax Rate has averaged 8.64% across 5 years, with a median of 0.05% in 2025.
- The sharpest annual moves came in 2023 and 2024: Tax Rate surged 12655 bps in 2023, then plunged 12664 bps in 2024.
- A 5-year view of Tax Rate shows it stood at 0.5% in 2022, then surged by 437 bps to 2.67% in 2023, then tumbled by 192 bps to 2.45% in 2024, then jumped by 157 bps to 1.4% in 2025, then plunged by 149 bps to 0.68% in 2026.
- The last three Tax Rate figures came in at 0.68% (Q1 2026), 1.4% (Q4 2025), and 0.5% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 27.35 Bn | 20.79 Bn | 662.02 Mn | 24.92% |
| 2 | BrightSpring Health Services | 12.12 Bn | 11.24 Bn | 482.22 Mn | 10.32% |
| 3 | Healthequity | 7.42 Bn | 7.15 Bn | 256.31 Mn | 24.88% |
| 4 | Hinge Health | 4.95 Bn | 4.64 Bn | 154.23 Mn | 2.26% |
| 5 | Doximity | 3.80 Bn | 3.05 Bn | 125.97 Mn | 40.49% |
| 6 | 10x Genomics | 3.78 Bn | 3.24 Bn | 106.18 Mn | -4.85% |
| 7 | Waystar Holding | 3.65 Bn | 3.49 Bn | 268.04 Mn | 27.58% |
| 8 | Privia Health | 2.66 Bn | 2.29 Bn | 595.71 Mn | 60.15% |
| 9 | Omnicell | 1.90 Bn | 1.73 Bn | 140.36 Mn | 32.53% |
| 10 | Schrodinger | 1.06 Bn | 659.83 Mn | 29.55 Mn | -0.68% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -0.68% |
| Mar 31, 2026 | -0.68% |
| Dec 31, 2025 | 1.40% |
| Dec 31, 2025 | 1.40% |
| Sep 30, 2025 | -0.50% |
| Sep 30, 2025 | -0.50% |
| Jun 30, 2025 | -0.67% |
| Jun 30, 2025 | -0.67% |
| Mar 31, 2025 | -0.05% |
| Mar 31, 2025 | -0.05% |
| Dec 31, 2024 | -2.45% |
| Dec 31, 2024 | -2.45% |
| Sep 30, 2024 | 0.24% |
| Sep 30, 2024 | 0.24% |
| Jun 30, 2024 | -0.15% |
| Jun 30, 2024 | -0.15% |
| Mar 31, 2024 | -0.84% |
| Mar 31, 2024 | -0.84% |
| Dec 31, 2023 | 2.67% |
| Dec 31, 2023 | 2.67% |