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How Schrodinger (SDGR) makes money

Schrodinger (SDGR) made $64.5M of revenue in the third quarter 2026 (Q3 2026), +19% from a year earlier. Software products and services brought in $38.2M (59%); Drug discovery brought in $24.2M (38%); Contribution brought in $2.2M (3%).

Drawing the Sankey…

Schrodinger revenue by segment, Q3 2026Schrodinger revenue by segment, Q3 2026Software products and services$38.2MDrug discovery$24.2MContribution$2.2M
Schrodinger revenue by quarterSchrodinger revenue by quarter$59.6MQ1 2025$54.8MQ2 2025$54.3MQ3 2025$87.2MQ4 2025$58.6MQ1 2026$58.9MQ2 2026$64.5MQ3 2026
Schrodinger: where each dollar of revenue goesSchrodinger: where each dollar of revenue goesIncome tax0¢

Revenue by segment, Q3 2026

SegmentRevenueShareQ/QY/Y
Software products and services$38.2M59.2%—+6%
  ↳ Hosted software$17.2M26.7%—+49%
  ↳ On-premise software$13.4M20.7%—-16%
  ↳ Software maintenance$4.6M7.1%—-33%
  ↳ Professional services$3.0M4.6%—+87%
Drug discovery$24.2M37.5%—+86%
Contribution$2.2M3.3%—-60%

Where each dollar of revenue goes

LineQ3 2026% of revenue
Revenue$64.5M100.0%
Income tax$156K0.2%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q3 2026$64.5M+19%
Q2 2026$58.9M+8%
Q1 2026$58.6M-2%
Q4 2025$87.2M-1%
Q3 2025$54.3M+54%
Q2 2025$54.8M+16%
Q1 2025$59.6M+63%

From Schrodinger's 10-Q filed Nov 4, 2026 (on EDGAR).

Questions

How does Schrodinger make money?

Schrodinger (SDGR) made $64.5M of revenue in the third quarter 2026 (Q3 2026), +19% from a year earlier. Software products and services brought in $38.2M (59%); Drug discovery brought in $24.2M (38%); Contribution brought in $2.2M (3%).

What is Schrodinger's biggest business?

Software products and services: $38.2M in the third quarter 2026, 59% of revenue, +6% from a year earlier.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.