Filing Flows › Schrodinger (SDGR) › Q2 2025
Schrodinger (SDGR) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 6, 2025
Schrodinger (SDGR) reported revenue of $54.8M for the second quarter 2025 (Q2 2025), +16% from a year earlier and -8% from the quarter before. Operating margin was -96.6%, net loss $43.2M (78.8% of revenue).
Schrodinger, Q2 2025: revenue $54.8M (+16% year over year), operating margin -96.6%, net loss $43.2M, operating cash flow −$52.2M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $54.8M | -8% | +16% |
| Operating profit | −$52.9M | — | — |
| Net earnings | −$43.2M | — | — |
| Operating cash flow | −$52.2M | -136% | — |
What changed
Revenue was $54.8M in Q2 2025, up 16% year over year and down 8% from the previous quarter. Software products and services was the largest line at 74% of revenue. Software products and services added $5.1M year over year (up 15%), 69% of the total change.
Gross margin was 47.8%, down 18.4 points from a year earlier. Operating costs exceeded revenue by $52.9M, an operating margin of -96.6%. Operating expenses fell 6% while revenue rose 16%. The fastest-growing cost line was Sales & marketing (+11%). The quarter ended with a net loss of $43.2M, narrower than the previous quarter's $59.8M loss. Non-operating items added $10.0M, -23% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$52.2M. Non-cash charges added back $1.5M of depreciation and amortization and $10.6M of share-based compensation. Working capital and other items used $21.2M. Capital expenditures of $314K exceeded it, leaving free cash flow of −$52.5M.
Questions
What was Schrodinger's revenue in the second quarter 2025?
Schrodinger (SDGR) reported revenue of $54.8M for the second quarter 2025 (Q2 2025), +16% from a year earlier and -8% from the quarter before.
Was Schrodinger profitable in the second quarter 2025?
Operating loss was $52.9M (-96.6% of revenue) and net loss $43.2M.
Source: Schrodinger 10-Q on SEC EDGAR.