Filing Flows › Schrodinger (SDGR) › Q1 2025
Schrodinger (SDGR) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 7, 2025
Schrodinger (SDGR) reported revenue of $59.6M for the first quarter 2025 (Q1 2025), +63% from a year earlier and -33% from the quarter before. Operating margin was -85.5%, net loss $59.8M (100.4% of revenue).
Schrodinger, Q1 2025: revenue $59.6M (+63% year over year), operating margin -85.5%, net loss $59.8M, operating cash flow $144M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $59.6M | -33% | +63% |
| Operating profit | −$50.9M | — | — |
| Net earnings | −$59.8M | — | — |
| Operating cash flow | $144M | — | — |
| Free cash flow | $143M | — | — |
What changed
Revenue was $59.6M in Q1 2025, up 63% year over year and down 33% from the previous quarter. Software products and services was the largest line at 82% of revenue. Software products and services added $15.4M year over year (up 46%), 67% of the total change.
Gross margin was 52.3%, up 0.6 points from a year earlier. Operating costs exceeded revenue by $50.9M, an operating margin of -85.5%. Operating expenses fell 5% while revenue rose 63%. The quarter ended with a net loss of $59.8M, wider than the previous quarter's $40.2M loss.
Operating cash flow was $144.1M. Non-cash charges added back $1.6M of depreciation and amortization and $11.6M of share-based compensation. Working capital and other items added $190.7M. Capital expenditures of $596K left free cash flow of $143.5M.
Questions
What was Schrodinger's revenue in the first quarter 2025?
Schrodinger (SDGR) reported revenue of $59.6M for the first quarter 2025 (Q1 2025), +63% from a year earlier and -33% from the quarter before.
Was Schrodinger profitable in the first quarter 2025?
Operating loss was $50.9M (-85.5% of revenue) and net loss $59.8M.
Source: Schrodinger 10-Q on SEC EDGAR.