Financial Snapshot

Revenue
$207.5M
TTM
Gross Margin
60.17%
TTM
Net Earnings
-$187.1M
TTM
Current Assets
Q4 2024
Current Liabilities
Q4 2024
Current Ratio
331.16%
Q4 2024
Total Assets
Q4 2024
Total Liabilities
Q4 2024
Book Value
$421.4M
Q4 2024
Cash
Q4 2024
P/E
-6.503
Nov 29, 2024 EST
Free Cash Flow
-$164.7M
TTM

Revenues

Revenues

Revenue YoY Change

Revenues

Concept 2024 2023 2022 2021 2020 2019 2018 2017
Revenue $207.5M $216.7M $181.0M $137.9M $108.1M $85.54M $66.60M $55.70M
YoY Change -4.21% 19.73% 31.19% 27.6% 26.36% 28.44% 19.57%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept 2024 2023 2022 2021 2020 2019 2018 2017
Revenue $207.5M $216.7M $181.0M $137.9M $108.1M $85.54M $66.60M $55.70M
Cost Of Revenue $75.46M $75.97M $79.93M $72.31M $44.62M $36.45M $23.70M $15.90M
Gross Profit $132.1M $140.7M $101.0M $65.62M $63.47M $49.09M $42.90M $39.80M
Gross Profit Margin 63.64% 64.93% 55.83% 47.57% 58.72% 57.39% 64.41% 71.45%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operating Profits/Loss YoY Change

Operating Earnings to Gross Profit Ratio

Operating Profit Margin

Operational Expenses

Concept 2024 2023 2022 2021 2020 2019 2018 2017
Selling, General & Admin $139.6M $136.4M $121.5M $86.16M $59.69M $48.40M $34.30M $31.20M
YoY Change 2.36% 12.27% 40.98% 44.34% 23.32% 41.12% 9.94%
% of Gross Profit 105.69% 96.93% 120.24% 131.3% 94.05% 98.6% 79.95% 78.39%
Research & Development $201.8M $181.8M $126.4M $90.90M $64.70M $39.40M $34.20M $27.70M
YoY Change 11.01% 43.83% 39.02% 40.51% 64.18% 15.22% 23.47%
% of Gross Profit 152.77% 129.19% 125.09% 138.53% 101.93% 80.26% 79.72% 69.6%
Depreciation & Amortization $6.159M $5.552M $4.344M $2.847M $3.658M $3.640M $2.890M $1.690M
YoY Change 10.93% 27.81% 52.58% -22.17% 0.49% 25.95% 71.01%
% of Gross Profit 4.66% 3.95% 4.3% 4.34% 5.76% 7.41% 6.74% 4.25%
Operating Expenses $341.4M $318.1M $247.8M $177.1M $124.4M $87.81M $70.90M $58.80M
YoY Change 7.3% 28.37% 39.97% 42.35% 41.66% 23.85% 20.58%
Operating Profit -$209.3M -$177.4M -$146.8M -$111.4M -$60.92M -$38.72M -$28.00M -$19.00M
YoY Change 17.95% 20.86% 31.74% 82.95% 57.34% 38.27% 47.37%
Operating Profit To Gross Profit -158.46% -126.13% -145.33% -169.83% -95.97% -78.86% -65.27% -47.74%
Operating Profit To Revenue -100.85% -81.9% -81.13% -80.8% -56.35% -45.26% -42.04% -34.11%

Interest Expenses

Interest Expenses To Operating Income %

No data

Other Expense/Income

Interest & Other Expense/Income

Concept 2024 2023 2022 2021 2020 2019 2018 2017
Interest Expense $23.59M $220.4M -$2.309M $10.64M $34.60M $12.70M -$400.0K $2.000M
YoY Change -89.3% -9643.83% -121.71% -69.26% 172.44% -3275.0% -120.0%
% of Operating Profit
Other Income/Expense, Net $23.59M $220.4M -$2.309M $10.64M $34.62M $12.74M
YoY Change -89.3% -9643.83% -121.71% -69.28% 171.71%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept 2024 2023 2022 2021 2020 2019 2018 2017
Pretax Income -$185.7M $42.92M -$149.1M -$100.8M -$26.29M -$25.97M -$28.30M -$17.10M
YoY Change -532.7% -128.78% 47.93% 283.42% 1.23% -8.23% 65.5%
Income Tax $1.412M $2.199M $63.00K $411.0K $345.0K -$291.0K $100.0K $300.0K
% Of Pretax Income 5.12%
Net Earnings -$187.1M $40.72M -$149.2M -$100.4M -$24.46M -$24.57M -$28.40M -$17.40M
YoY Change -559.54% -127.29% 48.6% 310.39% -0.44% -13.48% 63.22%
Net Earnings / Revenue -90.16% 18.79% -82.44% -72.78% -22.63% -28.72% -42.64% -31.24%
Basic Earnings Per Share -$2.57 $0.57 -$2.10 -$1.42 -$0.41
Diluted Earnings Per Share -$2.57 $0.54 -$2.10 -$1.422M -$408.3K -$400.7K -$462.5K -$283.4K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

No data

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

No data

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

No data

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept 2024 2023 2022 2021 2020 2019 2018 2017
Cash & Short-Term Investments $352.1M $463.0M $451.1M $576.5M $642.7M $85.80M $84.10M $36.30M
YoY Change -23.95% 2.64% -21.75% -10.3% 649.07% 2.02% 131.68%
Cash & Equivalents $147.3M $155.3M $90.47M $120.3M $202.3M $26.00M $77.70M $10.00M
Short-Term Investments $204.8M $307.7M $360.6M $456.2M $440.4M $59.80M $6.400M $26.40M
Other Short-Term Assets $27.54M $15.68M $13.81M $8.030M $4.900M $7.000M $2.600M $2.000M
YoY Change 75.65% 13.5% 72.0% 63.88% -30.0% 169.23% 30.0%
Inventory
Prepaid Expenses
Receivables $252.3M $87.10M $67.33M $40.02M $35.00M $25.60M $18.00M $9.800M
Other Receivables $3.077M $2.017M $1.759M $536.0K $400.0K $100.0K $0.00 $0.00
Total Short-Term Assets $635.0M $567.8M $534.0M $625.1M $683.0M $118.5M $104.7M $48.10M
YoY Change 11.83% 6.33% -14.57% -8.48% 476.37% 13.18% 117.67%
Property, Plant & Equipment $136.1M $141.1M $120.2M $85.41M $15.30M $19.00M $8.000M $5.400M
YoY Change -3.56% 17.36% 40.77% 458.23% -19.47% 137.5% 48.15%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $43.21M $83.25M $25.68M $43.17M $45.70M $15.40M $5.400M $2.600M
YoY Change -48.1% 224.15% -40.5% -5.54% 196.75% 185.19% 107.69%
Other Assets $4.155M $6.014M $3.311M $2.851M $2.400M $2.300M $2.600M $1.900M
YoY Change -30.91% 81.64% 16.13% 18.79% 4.35% -11.54% 36.84%
Total Long-Term Assets $188.2M $235.2M $154.6M $131.4M $63.30M $36.80M $16.00M $9.900M
YoY Change -19.96% 52.11% 17.63% 107.63% 72.01% 130.0% 61.62%
Total Assets $823.2M $803.0M $688.6M $756.5M $746.3M $155.3M $120.7M $58.00M
YoY Change
Accounts Payable $10.67M $16.82M $9.470M $8.079M $8.400M $3.500M $2.800M $1.600M
YoY Change -36.57% 77.56% 17.22% -3.82% 140.0% 25.0% 75.0%
Accrued Expenses $69.14M $60.63M $41.40M $27.76M $19.40M $16.40M $6.600M $5.100M
YoY Change 14.04% 46.45% 49.11% 43.11% 18.29% 148.48% 29.41%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $191.7M $133.7M $108.8M $91.21M $73.20M $45.00M $27.00M $17.80M
YoY Change 43.44% 22.86% 19.28% 24.61% 62.67% 66.67% 51.69%
Long-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $210.0M $120.7M $131.9M $108.2M $49.00M $12.00M $3.600M $3.300M
YoY Change 73.98% -8.46% 21.9% 120.8% 308.33% 233.33% 9.09%
Total Long-Term Liabilities $210.0M $120.7M $131.9M $108.2M $49.00M $12.00M $3.600M $3.300M
YoY Change 73.98% -8.46% 21.9% 120.8% 308.33% 233.33% 9.09%
Total Liabilities $401.8M $254.4M $240.7M $199.4M $122.2M $57.10M $30.60M $21.10M
YoY Change 57.93% 5.69% 20.7% 63.19% 114.01% 86.6% 45.02%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

No data

Treasury Stock Shares

No data

Stock Issuance & Repurchase

Ownership Data

Concept 2024 2023 2022 2021 2020 2019 2018 2017
Basic Shares Outstanding 72.67M shares 71.78M shares 71.17M shares 70.59M shares 60.02M shares
Diluted Shares Outstanding 72.67M shares 74.99M shares 71.17M shares 70.59M shares 60.02M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Dividends

No data

Stock Price

Market Cap: $1.2168 Billion

About Schrodinger Inc

Schrödinger, Inc. engages in the provision of chemical simulation software solutions to pharmaceutical industry. The company is headquartered in New York City, New York and currently employs 891 full-time employees. The company went IPO on 2020-02-06. The software platform is used by biopharmaceutical and industrial companies, academic institutions, and government laboratories around the world. The firm operates through two segments: Software and Drug Discovery. The Software segment is focused on selling its software to transform drug discovery across the life sciences industry, as well as to customers in materials science industries. The Drug Discovery segment is focused on building a diverse portfolio of preclinical and clinical programs, internally and through collaborations, that have advanced to various stages of discovery and development. The firm's pipeline of drug discovery programs includes SGR-1505 (MALT1 Inhibitor), SGR-2921 (CDC7 Inhibitor), SGR-3515 (WEE1 Inhibitor). Its software was used by researchers around the world at more than 1,760 academic institutions.

Industry: Pharmaceutical Preparations Peers: Veradigm Inc American Well Corp Claritev Corp Certara Inc Nutex Health Inc Definitive Healthcare Corp GoodRx Holdings Inc NEXTGEN HEALTHCARE, INC. Phreesia Inc