What is Schrodinger's contract liabilities?

Schrodinger (SDGR) reported contract liabilities of $59.02M in Q1 2026.

How has Schrodinger's contract liabilities changed year-over-year?

Schrodinger's contract liabilities decreased by 43.5% year-over-year, from $104.5M to $59.02M.

What is the long-term trend for Schrodinger's contract liabilities?

Over 4 years (2021 to 2025), Schrodinger's contract liabilities has grown at a 27.3% compound annual growth rate (CAGR), from $30.06M to $78.88M.

What does contract liabilities mean?

Revenue collected or billed in advance of performance — deferred revenue under ASC 606 terminology, representing future revenue obligations.

Schrodinger SDGR Contract Liabilities

Contract Liabilities at other companies

Recursion Pharmaceuticals, Inc.RXRX

$114.72M-11.5%

Absci CorporationABSI

$641K-41.7%

AbCellera Biologics Inc.ABCL

$8.99M-72.4%

Septerna, Inc.SEPN

$92.18M—

Nurix Therapeutics, Inc.NRIX

$7.59M-68.6%

Charles River LaboratoriesCRL

——

Segments

By product

See full

Software products and services$6.2M-51.2%

Other financials

Income statement

See full

Revenue$58.6M-1.6%

Gross profit$29.5M-5.1%

Operating income-$48.8M+4.1%

Net income-$60.0M-0.4%

EPS (diluted)-$0.81+1.2%

Balance sheet

See full

Cash & equivalents$267.7M-20.7%

Total debt$107.0M-7.9%

Total equity$313.5M-16.1%

Total assets$634.2M-14.6%

Cash flow

See full

Operating cash flow-$14.8M-110%

CapEx$2.5M+321%

Free cash flow-$17.3M-112%

Valuation

See full

Market cap$1.15B-41.8%

Enterprise value$984.71M-44.4%

P/S4.5×-4.0×

Profitability

See full

Gross margin55.3%-7.3pp

Operating margin-64.7%-12.0pp

Net margin-68.5%—

FCF margin9.6%+5.1pp

Returns & leverage

See full

Return on equity-45.7%—

Debt / equity0.3×0.0×

Current ratio2.7×-0.7×

Where this comes from

Reported directly by Schrodinger in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerLiabilityNoncurrent.

The official record: Schrodinger’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Schrodinger's contract liabilities?: Schrodinger (SDGR) reported contract liabilities of $59.02M in Q1 2026.
How has Schrodinger's contract liabilities changed year-over-year?: Schrodinger's contract liabilities decreased by 43.5% year-over-year, from $104.5M to $59.02M.
What is the long-term trend for Schrodinger's contract liabilities?: Over 4 years (2021 to 2025), Schrodinger's contract liabilities has grown at a 27.3% compound annual growth rate (CAGR), from $30.06M to $78.88M.
What does contract liabilities mean?: Revenue collected or billed in advance of performance — deferred revenue under ASC 606 terminology, representing future revenue obligations.