Financial Snapshot

Revenue
$193.3M
TTM
Gross Margin
61.42%
TTM
Net Earnings
-$177.6M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
410.74%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$449.4M
Q3 2024
Cash
Q3 2024
P/E
-9.113
Nov 29, 2024 EST
Free Cash Flow
-$172.4M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

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

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

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

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017
Selling, General & Admin $136.4M $121.5M $86.16M $59.69M $48.40M $34.30M $31.20M
YoY Change 12.27% 40.98% 44.34% 23.32% 41.12% 9.94%
% of Gross Profit 96.93% 120.24% 131.3% 94.05% 98.6% 79.95% 78.39%
Research & Development $181.8M $126.4M $90.90M $64.70M $39.40M $34.20M $27.70M
YoY Change 43.83% 39.02% 40.51% 64.18% 15.22% 23.47%
% of Gross Profit 129.19% 125.09% 138.53% 101.93% 80.26% 79.72% 69.6%
Depreciation & Amortization $5.552M $4.344M $2.847M $3.658M $3.640M $2.890M $1.690M
YoY Change 27.81% 52.58% -22.17% 0.49% 25.95% 71.01%
% of Gross Profit 3.95% 4.3% 4.34% 5.76% 7.41% 6.74% 4.25%
Operating Expenses $318.1M $247.8M $177.1M $124.4M $87.81M $70.90M $58.80M
YoY Change 28.37% 39.97% 42.35% 41.66% 23.85% 20.58%
Operating Profit -$177.4M -$146.8M -$111.4M -$60.92M -$38.72M -$28.00M -$19.00M
YoY Change 20.86% 31.74% 82.95% 57.34% 38.27% 47.37%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

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

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

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

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

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

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

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

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $1.6183 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 867 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 MultiPlan Corp Certara, Inc. Nutex Health, Inc. Definitive Healthcare Corp. GoodRx Holdings, Inc. NEXTGEN HEALTHCARE, INC. Phreesia, Inc.