Schrodinger (SDGR) Tax Rate (2019 - 2026)
Schrodinger (SDGR) posted quarterly Tax Rate of 0.68% for Q1 2026, down 64.0% year-over-year from 1.9% in Q1 2025, and down 148.84% quarter-over-quarter from 1.4% in Q4 2025.
Schrodinger (SDGR) Tax Rate (2019 - 2026) Analysis & Trends
Schrodinger (SDGR) has reported Tax Rate for 8 consecutive years, with 0.68% the latest figure, recorded in 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 fell to 0.68% in Q1 2026 per SDGR's latest filing, from 1.4% in the prior quarter.
- Across five years, Tax Rate topped out at 126.48% in Q2 2023 and bottomed at 2.45% in Q4 2024.
- Historically, Tax Rate has averaged 8.64% across 5 years, with a median of 0.05% in 2025.
- Annual changes were most pronounced in 2023 — Tax Rate jumped 12655 bps — and 2024, when it tumbled 12664 bps.
- Schrodinger's Tax Rate stood at 0.5% in 2022, then jumped by 437 bps to 2.67% in 2023, then slumped by 192 bps to 2.45% in 2024, then soared by 157 bps to 1.4% in 2025, then tumbled by 149 bps to 0.68% in 2026.
- Business Quant data shows SDGR's Tax Rate at 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 | 39.72 Bn | 32.40 Bn | 662.02 Mn | 24.92% |
| 2 | BrightSpring Health Services | 12.19 Bn | 11.64 Bn | 492.75 Mn | 7.39% |
| 3 | Healthequity | 8.79 Bn | 8.52 Bn | 256.31 Mn | 24.88% |
| 4 | 10x Genomics | 7.31 Bn | 6.76 Bn | 112.50 Mn | 3.83% |
| 5 | Hinge Health | 7.10 Bn | 6.71 Bn | 183.95 Mn | 1.67% |
| 6 | MiniMed | 5.66 Bn | 5.36 Bn | 480.00 Mn | -101.09% |
| 7 | Waystar Holding | 4.76 Bn | 4.56 Bn | 221.99 Mn | 27.54% |
| 8 | Doximity | 4.46 Bn | 3.77 Bn | 132.93 Mn | 39.76% |
| 9 | Heartflow | 3.66 Bn | 3.28 Bn | 53.19 Mn | -0.14% |
| 10 | Schrodinger | 1.15 Bn | 740.43 Mn | 32.43 Mn | 18.67% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 18.67% |
| Jun 30, 2026 | 18.67% |
| Jun 30, 2026 | 18.67% |
| 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% |