Short answer
Schrodinger, Inc. (SDGR) filed its Q2 2026 10-Q quarterly report on Aug 5, 2026 for the quarter ended Jun 30, 2026. Quarterly revenue was $59M (up 7.5% year over year) with net income of $6M.
Q2 2026 key financials · XBRL
- Revenue
- $59M
- +7.5% YoY · +0.5% QoQ
- Net income
- $6M
- +113.8% YoY · +110.0% QoQ
- Operating margin
- -70.6%
- Gross margin
- 55.1%
- EPS (diluted)
- $0.08
- +113.6% YoY · +109.9% QoQ
Source: XBRL data from the Schrodinger, Inc. (SDGR) Q2 2026 10-Q on SEC EDGAR. USD.
Schrodinger, Inc. Q2 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Revenue $58.9M, up 8% YoY from $54.8M
- Net income $6.0M vs net loss $43.2M YoY, primarily from $57.2M Ajax acquisition payment
- ACV $29.6M vs $23.3M YoY
- Cash payment $57.2M, including $47.2M Ajax equity proceeds and $10.0M milestone payment
- Near-term revenue headwind from transition to hosted software, with revenue expected to decline as recognition shifts over contract terms
Risk Factors
- Newly emphasized AI risk: Bunsen and other AI tools require significant investment, while emerging regulation could increase platform-development costs
- Most materially updated revenue risk: Hosted-software migration expected to reduce near-term revenue as recognition shifts from upfront to ratable
- Regulatory and compliance risk: AI outputs may trigger legal claims involving bias, intellectual-property infringement, data leakage, or automated-decision rules
- Competitive risk: Rivals adopting AI faster could weaken Schrodinger’s software position and adversely affect results
- Financial risk: $418.8 million in cash, restricted cash, and marketable securities expected to fund operations through at least 24 months
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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