Schrödinger Q3 revenue beats estimates on demand for its computational platform

Schrodinger

05/11/2025 22:29

Overview

Schrödinger Q3 2025 revenue rises 54% yr/yr, beating analyst expectations

Software revenue grows 28% yr/yr, reflecting demand for computational platform

Company lowers software revenue growth guidance, citing timing of pharma scale-up

Outlook

Schrödinger lowers 2025 software revenue growth guidance to 8%-13%

Company raises 2025 drug discovery revenue forecast to $49 mln-$52 mln

Schrödinger expects 2025 software gross margin of 73%-75%

Result Drivers

SOFTWARE DEMAND - Software revenue grew 28% due to increased demand for Schrödinger's computational platform

DRUG DISCOVERY REVENUE - Drug discovery revenue rose significantly due to upfront payments from ongoing collaborations

GUIDANCE ADJUSTMENT - Co lowered software revenue growth guidance due to timing of pharma scale-up opportunities

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$54.30 mln
$51.50 mln (8 Analysts)
Q3 Net Loss
-$32.80 mln
Q3 Software Gross Margin
73.00%
Q3 Gross Profit
$28.04 mln
Q3 Operating Expenses
$74 mln
Q3 Software Revenue
$40.90 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the software peer group is "buy"

Wall Street's median 12-month price target for Schrodinger Inc is $28.00, about 28.6% above its November 4 closing price of $19.99

Press Release: ID:nBw1jC2Qga

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)