Schrodinger, Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Revenue | $255.9M | $207.5M | $216.7M | $181.0M | $137.9M | $108.1M | $85.5M |
| Cost of Revenue | $113.3M | $75.5M | $76.0M | $79.9M | $72.3M | $44.6M | $36.5M |
| Gross Profit | $142.6M | $132.1M | $140.7M | $101.0M | $65.6M | $63.5M | $49.1M |
| Gross Margin | 55.7% | 63.6% | 64.9% | 55.8% | 47.6% | 58.7% | 57.4% |
| Operating Expenses | |||||||
| Research & Development | $173.1M | $201.8M | $181.8M | $126.4M | $90.9M | $64.7M | $39.4M |
| SG&A Expense | $95.4M | $99.7M | $99.1M | $90.8M | $64.0M | $41.9M | $27.0M |
| Operating Income | $-166.9M | $-209.3M | $-177.4M | $-146.8M | $-111.4M | $-60.9M | $-38.7M |
| Operating Margin | -65.2% | -100.8% | -81.9% | -81.1% | -80.8% | -56.4% | -45.3% |
| Interest Expense | — | — | — | — | — | — | — |
| Pretax Income | $-102.3M | $-185.7M | $42.9M | $-149.1M | $-100.8M | $-26.3M | $-26.0M |
| Income Tax Expense | $939.0K | $1.4M | $2.2M | $63.0K | $411.0K | $345.0K | $-291.0K |
| Net Income | $-103.3M | $-187.1M | $40.7M | $-149.2M | $-100.4M | $-24.5M | $-24.6M |
| Net Margin | -40.4% | -90.2% | 18.8% | -82.4% | -72.8% | -22.6% | -28.7% |
| EPS (Basic) | $-1.41 | $-2.57 | $0.57 | $-2.10 | $-1.42 | $-0.41 | $-4.09 |
| EPS (Diluted) | $-1.41 | $-2.57 | $0.54 | $-2.10 | $-1.42 | $-0.41 | $-4.09 |
| Shares Outstanding (Basic) | 73.4M | 72.7M | 71.8M | 71.2M | 70.6M | 60.0M | 6.1M |
| Shares Outstanding (Diluted) | 73.4M | 72.7M | 75.0M | 71.2M | 70.6M | 60.0M | 6.1M |
| Dividends Per Share | — | — | — | — | — | — | — |