Schrodinger Inc’s Revenue by Segment (2019-2021)

Exclusive Data

You need the Pro Plan for unlimited access.

Pro Plan

$49 per month*

60% discount ends in:

00
Days
00
Hours
00
Mins.
00
Seconds

.

Download

About

This statistic highlights Schrodinger Inc’s Revenue by Segment from Q1 2019 onwards, split across drug discovery, and software products and services.
Subscribe to Pro or Enterprise plans to unlock this feature.
More information
Subscribe to Pro or Enterprise plans to unlock this feature.
Contact the Analyst
Share on facebook
Share on twitter
Share on linkedin
Share on email
Share on reddit
Share on facebook
Share on twitter
Share on linkedin
Share on email

Become a smarter investor today.

Access Business Quant for as low as $19/month

Become a smarter investor today.

Access KPIs & Segment Financials on US stocks

This statistic highlights Schrodinger Inc’s Revenue by Segment from Q1 2019 onwards, split across drug discovery, and software products and services.

Schrodinger Inc’s Revenue by Segment

Segment Q3 2020 Q2 2021 Q3 2021 Contribution for Q3 2021
Software products and services $22.86 $24.05 $24.28 81%
Drug discovery $2.94 $5.73 $5.57 19%
Total $25.80 $29.78 $29.85 100%

(All figures are in millions, except percentages)

Overview

The above table depicts the amount of quarterly revenue earned by different segments of the company from 2020 to 2021. Overall software products and services continue to dominate the revenue share of the company. Drug discovery saw a decrease in revenue from Q2 2021 to Q3 2021.

Drug Discovery

The company uses its computational platform for drug discovery programs. This segment is primarily focused on raising revenue and building a diverse portfolio of programs, both internal as well as collaborative. They generate drug discovery revenue from collaborations, which include upfront payments, research funding payments and discovery and development milestones. In the future, they plan on deriving drug discovery revenue in the form of option fees and royalties on commercial drug sales.

Where this segment contributes 19% to the total share of revenue in Q3 2021, the revenue in this segment has seen a sharp increase from $2.94 million in Q3 2020 to $5.57 million in Q3 2021. A slight decline in revenue is seen from Q2 2021 to Q3 2021 since drug discovery revenues are highly variable since they are dependent on the timing of milestones related to collaborative agreements

Software Products and Services

The company’s software segment is based on licensing the company’s software to help transform the process of drug development in life sciences as well as material science industries. This segment raises revenue in various software product licenses, hosted software subscriptions, software maintenance, professional services, and contributions. The software is sold in 2 ways:

  1. Through a product license that enables the customers to install the software directly for a specified term.
  2. A subscription that allows customers to access the cloud-based software.

The revenue from this segment has seen a steady increase throughout the years and contributes 81% to the total revenue share as of Q3 2021. The revenue has risen from $22.86 million in Q3 2020 to $24.28 million in Q3 2021.

About the company

Schrodinger offers its customers a variety of software solutions to its customers majorly biopharmaceutical and industrial companies, academic institutions, and government laboratories. Their software helps in drug development without incurring huge costs. Schrodinger also engages in internal drug discovery programs with an aim to rapidly advance the discovery of best-in-class therapies. Collaborating on drug discovery programs is an important part of their business but their main goal is to pursue an increasing number of wholly-owned programs.

Did you like Schrodinger Inc’s Revenue by Segment statistic?

Access more such KPI data points and segment financials on thousands of US stocks, with Business Quant.

You can get started here.

Read more

Access Segment financials and KPI data on US stocks

Our Plans

Always know what you’ll pay. No hidden costs or surprises.

  • Annual
  • Monthly

Basic

Get to know us

  • Access only basic data
  • This statistic is not included The statistic that you're currently viewing, is not included in the Basic plan. Please subscribe to the Pro plan to access this statistic.
$0
per month
Start for Free

60% discount until May 31

Pro

For serious investing

  • This statistic is included Instant access to all the data and features on the Business Quant platform. This also includes access to the statistic that you're currently viewing.
  • Granular KPI data Access segment financials, non-GAAP metrics and KPI data from presentations and filings. Examples include financials by segment / region / product category, AT&T's broadband subscriber trends, Tesla's deliveries by model and lots more.
  • Stock research tools Features include : Stock screener, Stock comparison, sector financials, stock warnings, advanced charting tools, financial statements dating back 10+ years, stock reports, SEC filings and stock ratings. There are 200+ financial items and ratios on thousands of US stocks.
  • Industry data & tools Access premium operating data on 40+ industries. Examples include market share, smartphone shipments by vendor, subscribers by wireless carrier, historical gold production. There are 20,000+ such statistics.
$49
$19
per month*
Buy Now

Enterprise

For tailored workflows

  • All of Pro plan Get unfettered access to all our dashboards and dossiers.
  • Custom built features Get tailored dashboards built specially for you , based on your set of requirements, to simplify your research workflow.
$99
per month, onwards*
Contact Us

* Billed annually, local taxes extra. 

Basic

Get to know us

  • Access only basic data
  • This statistic is not included The statistic that you're currently viewing, is not included in the Basic plan. Please subscribe to the Pro plan to access this statistic.
$0
per month
Start for Free

60% discount on Annual plan

Pro

For serious investing

  • This statistic is included Instant access to all the data and features on the Business Quant platform. This also includes access to the statistic that you're currently viewing.
  • Granular KPI data Access segment financials, non-GAAP metrics and KPI data from presentations and filings. Examples include financials by segment / region / product category, AT&T's broadband subscriber trends, Tesla's deliveries by model and lots more.
  • Stock research tools Features include : Stock screener, Stock comparison, sector financials, stock warnings, advanced charting tools, financial statements dating back 10+ years, stock reports, SEC filings and stock ratings. There are 200+ financial items and ratios on thousands of US stocks.
  • Industry data & tools Access premium operating data on 40+ industries. Examples include market share, smartphone shipments by vendor, subscribers by wireless carrier, historical gold production. There are 20,000+ such statistics.
$49
per month*
Buy Now

Enterprise

For tailored workflows

  • All of Pro plan Get unfettered access to all our features.
  • Custom built features Get tailored dashboards built specially for you , based on your set of requirements, to simplify your research workflow.
$99
per month, onwards*
Contact Us

* Local taxes extra. 

BQ Star Yellow 60%

Get Pro for 60% off

  • Access all features immediately
  • Datasets updated every day
  • Export data in CSV and XLSX formats

Offer Ends In

Starting from $49 $19 / month

.