10-Q quarterly report · filed Nov 5, 2025

Schrodinger, Inc. (SDGR) Q3 2025 10-Q Quarterly Report

Short answer

Schrodinger, Inc. (SDGR) filed its Q3 2025 10-Q quarterly report on Nov 5, 2025 for the quarter ended Sep 30, 2025. Quarterly revenue was $54M (up 53.9% year over year) with net income of −$33M.

Q3 2025 key financials · XBRL

Revenue
$54M
+53.9% YoY · −0.8% QoQ
Net income
−$33M
+14.0% YoY · +24.0% QoQ
Operating margin
-84.6%
Gross margin
51.6%
EPS (diluted)
−$0.44
+15.4% YoY · +25.4% QoQ

Source: XBRL data from the Schrodinger, Inc. (SDGR) Q3 2025 10-Q on SEC EDGAR. USD.

Schrodinger, Inc. Q3 2025 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Revenue $54.3M, up 54% YoY from $35.3M
  • Net loss $32.8M vs $38.1M YoY
  • Restructuring reducing annualized operating expenses approximately $30M
  • Workforce reduced approximately 60 employees, representing approximately 7% of full-time employees
  • Cash savings approximately $70M expected from phasing out independent clinical development and restructuring

Risk Factors

  • Operating losses: net loss $135.8 million for nine months ended September 30, 2025, with accumulated deficit of $661.3 million
  • Liquidity: $401.0 million in cash, restricted cash, and marketable securities expected to fund operations through at least 24 months
  • Revenue concentration: software renewals and sales to biopharmaceutical customers remain critical to operating results
  • Competitive pressure: competitors include established providers and machine-learning drug-discovery companies with greater resources
  • Accounting compliance: changing financial-reporting standards could require policy changes, system enhancements, or financial-statement restatements

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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