Schrödinger, Inc.

SDGR

SDGRSchrödinger, Inc. US flag

NASDAQ Global Select

14.93

USD

-0.01

- -

1.12BMarket Cap

Income Statement (USD)

API Chat

	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Sales/Revenue/Turnover	56	67	86	108	138	181	217	208	256
+ Sales & Services Revenue	56	67	86	108	138	181	217	208	256
- Cost of Revenue	16	24	36	45	72	80	76	75	113
+ Cost of Goods & Services	16	24	36	45	72	80	76	75	113
Gross Profit	40	43	49	63	66	101	141	132	143
+ Other Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	59	71	88	124	177	248	318	341	310
+ Selling, General & Admin	31	36	48	60	86	121	136	140	136
+ Research & Development	28	35	39	65	91	126	182	202	173
+ Other Operating Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -
Operating Income (Loss)	-19	-28	-39	-61	-111	-147	-177	-209	-167
- Non-Operating (Income) Loss	-2	- -	-13	-35	-11	2	-220	-24	-65
+ Interest Expense, Net	- -	- -	-2	-2	-1	- -	- -	- -	- -
+ Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Interest Income	- -	- -	2	2	1	- -	- -	- -	- -
+ Other Non-Op (Income) Loss	-2	1	-11	-32	-10	2	-220	-24	-65
Pretax Income	-17	-28	-26	-26	-101	-149	43	-186	-102
- Income Tax Expense (Benefit)	- -	- -	- -	- -	- -	- -	2	1	1
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	-17	-28	-26	-27	-101	-149	41	-187	-103
- Net Extraordinary Losses (Gains)	- -	- -	-2	-4	-2	- -	- -	- -	- -
+ Discontinued Operations	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	- -	- -	-2	-4	-2	- -	- -	- -	- -
Income (Loss) Incl. MI	-17	-28	-23	-22	-100	-149	41	-187	-103
- Minority Interest	- -	- -	1	2	1	- -	- -	- -	- -
Net Income, GAAP	-17	-28	-25	-24	-100	-149	41	-187	-103
- Preferred Dividends	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	-17	-28	-25	-24	-100	-149	41	-187	-103
EBIT	-19	-28	-39	-61	-111	-147	-177	-209	-167
EBITDA	-17	-25	-35	-57	-109	-142	-172	-203	-161
EBITDA Margin (%)	-31.13	-37.63	-41	-52.97	-78.73	-78.73	-79.34	-97.88	-62.87
EBITA	-19	-28	-39	-61	-111	-147	-177	-209	-167
Gross Margin (%)	71.46	64.43	57.39	58.72	47.57	55.83	64.93	63.64	55.74
Operating Margin (%)	-34.15	-41.97	-45.26	-56.35	-80.8	-81.13	-81.9	-100.85	-65.23
Profit Margin (%)	-31.23	-42.66	-28.72	-22.63	-72.78	-82.44	18.79	-90.16	-40.36
Sales per Employee	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -
Depreciation Expense	2	3	4	4	3	4	6	6	6
Basic Weighted Avg Shares	40	48	60	60	71	71	72	73	73
Basic EPS, GAAP	-0.43	-0.59	-0.41	-0.41	-1.42	-2.1	0.57	-2.57	-1.41
Basic EPS from Cont Ops	-0.43	-0.59	-0.43	-0.44	-1.43	-2.1	0.57	-2.57	-1.41
Diluted Weighted Avg Shares	40	48	60	60	71	71	75	73	73
Diluted EPS, GAAP	-0.43	-0.59	-0.41	-0.41	-1.42	-2.1	0.54	-2.57	-1.41
Diluted EPS from Cont Ops	-0.43	-0.59	-0.43	-0.44	-1.43	-2.1	0.54	-2.57	-1.41

Balance Sheet (USD)

API Chat

	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Total Current Assets	48	105	119	683	625	534	568	635	519
+ Cash, Cash Equivalents & STI	36	84	86	643	576	451	463	352	395
+ Cash & Cash Equivalents	10	78	26	202	120	90	155	147	231
+ ST Investments	26	6	60	440	456	361	308	205	165
+ Accounts & Notes Receiv	10	18	26	35	41	69	89	255	104
+ Accounts Receivable, Net	9	14	19	31	32	56	66	236	83
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	- -	4	7	4	9	13	23	20	21
+ Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Assets	2	3	7	5	8	14	16	28	19
+ Misc ST Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	10	16	37	63	131	155	235	188	207
+ Property, Plant & Equip, Net	5	8	19	15	85	120	141	136	122
+ Property, Plant & Equip	15	17	30	29	98	134	159	157	147
- Accumulated Depreciation	9	9	11	14	12	14	18	21	25
+ LT Investments & Receivables	3	5	15	46	43	26	83	43	74
+ LT Investments	3	5	15	46	43	26	83	43	74
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	2	3	2	2	3	9	11	9	11
+ Total Intangible Assets	- -	- -	- -	- -	- -	5	5	5	5
+ Goodwill	- -	- -	- -	- -	- -	5	5	5	5
+ Other Intangible Assets	- -	- -	- -	- -	- -	1	- -	- -	- -
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	2	3	2	2	3	3	6	4	6
Total Assets	58	121	155	746	756	689	803	823	726
+ Payables & Accruals	7	9	14	23	34	40	61	63	60
+ Accounts Payable	2	3	4	8	8	9	17	11	11
+ Accrued Taxes	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	5	7	11	15	26	30	44	52	48
+ ST Debt	- -	- -	6	5	2	11	17	17	16
+ ST Borrowings	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Finance Leases	- -	- -	6	5	2	11	17	17	16
+ Other ST Liabilities	11	18	25	45	55	58	56	112	113
+ Deferred Revenue	11	18	25	45	55	58	56	112	113
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Current Liabilities	18	27	45	73	91	109	134	192	189
+ LT Debt	- -	- -	9	7	78	105	111	101	93
+ LT Borrowings	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Finance Leases	- -	- -	9	7	78	105	111	101	93
+ Other LT Liabilities	86	165	195	42	30	26	10	109	80
+ Accrued Liabilities	3	4	2	41	30	26	9	109	79
+ Pension Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	82	162	192	1	- -	1	1	- -	1
Total Noncurrent Liabilities	86	165	204	49	108	132	121	210	173
Total Liabilities	103	192	249	122	199	241	254	402	362
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Share Capital & APIC	7	9	12	753	788	829	887	947	993
+ Common Stock	- -	- -	- -	1	1	1	1	1	1
+ Additional Paid in Capital	7	9	12	753	787	829	886	946	992
- Treasury Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Retained Earnings	-52	-81	-105	-130	-230	-379	-338	-526	-629
+ Other Equity	- -	- -	- -	- -	-1	-2	- -	- -	- -
Equity Before Minority Interest	-45	-72	-93	624	557	448	549	421	364
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Equity	-45	-72	-93	624	557	448	549	421	364
Total Liabilities & Equity	58	121	155	746	756	689	803	823	726
Shares Outstanding	60	60	60	70	71	71	72	73	74
Number of Employees	- -	- -	- -	- -	- -	- -	- -	- -	- -
Capital Leases - Total	- -	- -	14	12	80	116	128	118	109
Net Debt	-10	-78	-26	-202	-120	-90	-155	-147	-231
Net Debt to Equity	21.96	108.6	27.85	-32.42	-21.59	-20.2	-28.31	-34.96	-63.32
Tangible Common Equity Ratio	-78.34	-59.29	-60.1	83.62	73.64	64.77	68.13	50.91	49.8
Current Ratio	2.7	3.88	2.63	9.33	6.85	4.91	4.25	3.31	2.75
Cash Conversion Cycle	- -	29.27	37.41	35.82	41.99	48.38	39.58	198.82	191.7

Cash Flow Statement (USD)

API Chat

	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
+ Net Income	-17	-28	-26	-27	-101	-149	41	-187	-103
+ Depreciation & Amortization	2	3	4	4	3	4	6	6	6
+ Non-Cash Items	-1	2	-8	-19	23	47	-160	37	-7
+ Stock-Based Compensation	1	1	2	11	26	40	48	50	43
+ Deferred Income Taxes	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Asset Impairment Charge	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Non-Cash Adj	-2	- -	-11	-30	-3	7	-208	-13	-50
+ Chg in Non-Cash Work Cap	2	- -	4	59	5	-21	-23	-13	118
+ (Inc) Dec in Accts Receiv	- -	-8	-7	-9	-6	-28	-20	-166	151
+ (Inc) Dec in Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ (Inc) Dec in Prepaid Assets	-2	-1	- -	- -	-1	-7	-8	-3	-2
+ Inc (Dec) in Accts Payable	2	3	4	9	9	6	20	2	-2
+ Inc (Dec) in Other	2	7	7	60	2	7	-14	154	-28
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	-15	-24	-26	17	-71	-120	-137	-157	14
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp of Fixed Prod Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	-4	-5	-2	-3	-7	-8	-13	-7	-1
+ Acq of Fixed Prod Assets	-4	-5	-2	-3	-7	-8	-13	-7	-1
+ Acq of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash (Repurchase) of Equity	1	1	- -	537	- -	- -	- -	9	- -
+ Increase in Capital Stock	1	1	- -	537	- -	- -	- -	9	- -
+ Decrease in Capital Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Net Change in LT Investment	3	20	-53	-381	-10	93	63	110	42
+ Dec in LT Investment	42	20	57	139	408	365	384	362	355
+ Inc in LT Investment	-39	- -	-110	-520	-419	-271	-321	-251	-313
+ Net Cash From Acq & Div	3	-4	- -	-3	16	-7	-4	46	18
+ Cash from Divestitures	3	- -	- -	- -	16	- -	- -	49	18
+ Cash for Acq of Subs	-1	-4	- -	-3	- -	-7	-4	-3	- -
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	- -	- -	1	5	-15	12	147	- -	- -
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	2	11	-54	-382	-17	90	193	149	58
+ Dividends Paid	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Net Cash From Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash From Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Repayments of Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Financing Activities	- -	79	29	4	8	2	9	1	3
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	1	80	29	541	8	2	9	10	3
Effect of Foreign Exchange Rates	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Changes in Cash	-12	68	-51	176	-80	-28	65	2	75
EBITDA	-17	-25	-35	-57	-109	-142	-172	-203	-161
EBITDA Margin (%)	-31.13	-37.63	-41	-52.97	-78.73	-78.73	-79.34	-97.88	-62.87
Free Cash Flow	-19	-29	-28	14	-78	-128	-150	-165	12
Net Cash Paid for Acquisitions	-3	4	- -	3	-16	7	4	-46	-18
Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -	-150	- -	- -
Free Cash Flow to Equity	- -	-29	-28	14	-78	-128	-150	-165	12
Free Cash Flow per Basic Share	-0.47	-0.6	-0.47	0.24	-1.1	-1.79	-2.09	-2.27	0.17
Price/Free Cash Flow	- -	- -	- -	246.32	-38.72	-11.91	-21.77	-9.34	85.6
Cash Flow to Net Income	0.88	0.83	1.06	-0.68	0.7	0.8	-3.36	0.84	-0.13
Capital Expenditures	-4	-5	-2	-3	-7	-8	-13	-7	-1