Schrodinger (SDGR) Tax Rate (2019 - 2026)
Schrodinger's (SDGR) quarterly Tax Rate came in at 0.68% in Q1 2026, down 64.0% year-on-year from 1.9% in Q1 2025, and down 148.84% on a QoQ basis from 1.4% in Q4 2025.
Schrodinger (SDGR) Tax Rate (2019 - 2026) Analysis & Trends
Schrodinger (SDGR) has 8 years of Tax Rate data on file, last reported at 0.68% in Q1 2026.
- On a quarterly basis, Tax Rate fell 64.0% year-over-year to 0.68% in Q1 2026; TTM through Mar 2026 was 1.29%, a 78.0% decrease from a year earlier, with the FY2025 full-year figure at 0.92%, down 16.0% from the prior year.
- Tax Rate for Q1 2026 stood at 0.68%, down from 1.4% in the prior quarter.
- Over the last five years, Tax Rate for SDGR reached as high as 126.48% in Q2 2023 and fell as low as 2.45% in Q4 2024.
- Historically, Tax Rate has averaged 8.64% across 5 years, with a median of 0.05% in 2025.
- Across the five-year window, Tax Rate surged 12655 bps in 2023 and sank 12664 bps in 2024, its largest moves.
- Year by year, Tax Rate stood at 0.5% in 2022, then soared by 437 bps to 2.67% in 2023, then slumped by 192 bps to 2.45% in 2024, then surged by 157 bps to 1.4% in 2025, then tumbled by 149 bps to 0.68% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 0.68% in Q1 2026, 1.4% in Q4 2025, and 0.5% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 29.34 Bn | 22.03 Bn | 662.02 Mn | 24.92% |
| 2 | BrightSpring Health Services | 13.49 Bn | 12.59 Bn | 482.22 Mn | 10.32% |
| 3 | Healthequity | 7.96 Bn | 7.70 Bn | 256.31 Mn | 24.88% |
| 4 | 10x Genomics | 6.17 Bn | 5.63 Bn | 106.18 Mn | -4.85% |
| 5 | Hinge Health | 6.02 Bn | 5.70 Bn | 154.23 Mn | 2.26% |
| 6 | MiniMed | 4.19 Bn | 3.89 Bn | 480.00 Mn | -101.09% |
| 7 | Waystar Holding | 4.14 Bn | 4.07 Bn | 216.84 Mn | 27.64% |
| 8 | Doximity | 3.82 Bn | 3.08 Bn | 125.97 Mn | 40.49% |
| 9 | Privia Health | 3.10 Bn | 2.73 Bn | - | 60.15% |
| 10 | Schrodinger | 1.12 Bn | 851.74 Mn | 29.55 Mn | -0.68% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -0.68% |
| Mar 31, 2026 | -0.68% |
| Mar 31, 2026 | -0.68% |
| Dec 31, 2025 | 1.40% |
| Dec 31, 2025 | 1.40% |
| Dec 31, 2025 | 1.40% |
| Sep 30, 2025 | -0.50% |
| Sep 30, 2025 | -0.50% |
| Sep 30, 2025 | -0.50% |
| Jun 30, 2025 | -0.67% |
| Jun 30, 2025 | -0.67% |
| Jun 30, 2025 | -0.67% |
| Mar 31, 2025 | -0.05% |
| Mar 31, 2025 | -0.05% |
| Mar 31, 2025 | -0.05% |
| Dec 31, 2024 | -2.45% |
| Dec 31, 2024 | -2.45% |
| Dec 31, 2024 | -2.45% |
| Sep 30, 2024 | 0.24% |
| Sep 30, 2024 | 0.24% |