NASDAQ$SDGR

Schrodinger Inc/United States · Q2 2023 earnings

Q2 2023 earnings · · Investor relations

Headline financials

Total Revenue

$35.2M

Previous: $38.5M-8.5%
EPS (adj)

-$0.79

Previous: -$0.67-17.9%
Software Gross Margin

77.0%

Previous: 76.0%+1.3%
Capital Expenditures

-$6.01M

Previous: -$3.67M-63.7%
Free Cash Flow

-$1.73M

Previous: -$51.4M+96.6%
Net Income

$4.28M

Previous: -$47.7M+109.0%
Operating Income

-$61.1M

Previous: -$43.5M-40.6%
Gross Profit

$13.8M

Previous: $17.1M-19.4%
Cash & Equivalents

$286M

Previous: $127M+124.6%
Total Assets

$842M

Previous: $688M+22.3%
Stock-Based Comp

$11.8M

Previous: $10.4M+12.9%

Revenue & EPS history

Schrodinger · Revenue · Quarterly

$35.2M

Q2 2023-8.5%vs Q2 2022
Beat estimate in 8 of 14 quarters(57%)
ActualEstimate

Revenue by segment

Schrodinger · $5.84M total across 1 segment · Q2 2023

  • Drug Discovery
    $5.84M-31.0%

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2023

Historical avgQ2 2023

-2.2%

Avg return

Earnings day

-1.6%

Avg return

5 days after

+1.8%

Avg return

30 days after

42%

11 / 26 earnings

Positive

+31.4%

Q4 2021

Best reaction

-29.9%

Q4 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-0.2%+1.9%+23.0%
Q4 2025+8.3%+5.9%-6.1%
Q3 2025-5.8%-7.4%-10.8%
Q1 2025+0.6%+0.2%+3.8%
Q4 2024+2.5%-2.9%-8.0%
Q3 2024+13.1%-5.1%+7.8%
Q2 2024+0.1%-15.7%-6.8%
Q1 2024-4.9%-1.4%-11.7%
Q4 2023-23.1%-23.7%-18.4%
Q3 2023+15.3%+27.5%+49.7%
Q2 2023-26.9%-27.3%-29.8%
Q1 2023-5.1%-6.4%+22.3%
Q4 2022+14.5%+21.7%+16.8%
Q3 2022-14.6%-15.6%-29.2%
Q2 2022+1.5%-4.9%-19.1%
Q1 2022-5.5%-10.5%+1.5%
Q4 2021+31.4%+45.4%+36.4%
Q3 2021-16.1%-15.6%-31.6%
Q2 2021-5.1%-12.1%-0.1%
Q1 2021-6.8%-4.3%+19.4%
Q4 2020-29.9%-29.7%-20.8%
Q3 2020+12.4%+15.8%+39.6%
Q3 2019+12.4%+15.8%+39.6%
Q2 2020-2.5%-2.4%-24.2%
Q1 2020-8.1%+0.5%+3.0%
Q4 2019-14.6%+8.3%+1.5%
Q2 2019
Q1 2019
Q4 2018
Q3 2018

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro