SDGR Q1 2024 Earnings — Schrödinger, Inc. Revenue & Financial Results | Market Cap Arena

SDGRSchrödinger, Inc.

$935M

Q1 2024 Earnings

Healthcare Medical - Healthcare Information Services

Income Statement

Revenue

$37M-43.5% YoY

Gross Profit

$19M51.6% margin

Operating Income

-$67M-184.3% margin

Net Income

-$55M-149.5% margin

EPS (Diluted)

$-0.76

QoQ Revenue Growth

-50.6%

Cash Flow

Operating Cash Flow

-$39M

Free Cash Flow

-$43M

Stock-Based Comp.

$12M

Balance Sheet

Total Assets

$738M

Total Liabilities

$224M

Stockholders' Equity

$514M

Cash & Equivalents

$130M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$37M	$65M	-43.5%
Gross Profit	$19M	$46M	-58.7%
Operating Income	-$67M	-$31M	-121.1%
Net Income	-$55M	$129M	-142.4%

Revenue Segments

Software Products And Services

$33M33%

Revenue From Contract With Customer Before Contribution

$33M33%

On Premise Software

$18M18%

Hosted Software

$7M7%

Maintenance

$6M6%

Professional Services

$3M3%

Geographic Segments

UNITED STATES

$23M64%

EMEA

$7M20%

APAC

$6M15%

Non-US

$604,0002%