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Schrodinger SDGR Software contribution — Deferred Revenue

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Other financials

Income statement

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Revenue$58.9M+7.5%
Gross profit$32.4M+24.0%
Operating income-$41.5M+21.5%
Net income$6.0M+114%
EPS (diluted)$0.08+114%

Balance sheet

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Cash & equivalents$292.9M+26.3%
Total debt$108.0M-5.5%
Total equity$329.0M-4.1%
Total assets$640.4M-7.0%

Cash flow

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Operating cash flow-$34.1M
CapEx$362.0K+15.3%
Free cash flow-$34.4M

Valuation

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Market cap$1.36B-0.9%
Enterprise value$1.17B-6.4%
P/S5.2×-0.5×

Profitability

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Gross margin56.9%-1.6pp
Operating margin-59.2%-12.6pp
Net margin-68.5%
FCF margin9.6%+5.1pp

Returns & leverage

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Return on equity-45.7%
Debt / equity0.3×0.0×
Current ratio2.7×-0.6×

Where this comes from

Reported directly by Schrodinger in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerLiability.

The source filing: Schrodinger’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 4:08 PM EDT
Fiscal quarter
Q4 FY2026
Calendar quarter
Q4 2026
Accession
0001490978-26-000068

During the three and six months ended June 30, 2026 and 2025, the Company recognized $8.8 million, $20.5 million, $7.6 million, and $13.3 million of revenue, respectively, associated with the research collaboration and license agreement. As of June 30, 2026 and December 31, 2025, there was $80.0 million and $100.5 million of deferred revenue, net of contract assets, respectively, related to the agreements, which was classified as either current or non-current in the condensed consolidated balance sheets based on the period the services are expected to be performed. As of both June 30, 2026 and December 31, 2025, the Company had no outstanding receivables for this collaboration.

Item 1. Financial Statements.

FAQ

What is Schrodinger's software contribution — deferred revenue?
Schrodinger (SDGR) reported software contribution — deferred revenue of $80M in Q2 2026.
How has Schrodinger's software contribution — deferred revenue changed year-over-year?
Schrodinger's software contribution — deferred revenue decreased by 22.6% year-over-year, from $103.4M to $80M.
What does software contribution — deferred revenue mean?
Reflects payments received from customers for software licenses or services that have not yet been earned as revenue. This serves as a key indicator of future revenue recognition and customer commitment to the software platform.

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