earnings
confidence high
sentiment neutral
materiality 0.70
Schrödinger Q4 software revenue $79.7M (+16% YoY); 2025 outlook: rev growth 10-15%, drug disc rev $45-50M
Schrodinger, Inc.
2024-FY EPS reported
-$2.57
revenue$207,539,000
- Q4 2024 total revenue $88.3M (+19% YoY); software revenue $79.7M (+16% YoY).
- Full-year 2024 net loss $187.1M vs net income $40.7M in 2023; non-GAAP net loss $191.4M.
- Cash, equivalents, and marketable securities $367.5M at Dec 31, 2024; received $150M upfront from Novartis in Jan 2025.
- 2025 guidance: software revenue growth 10-15%; drug discovery revenue $45-50M; software gross margin 74-75%; OpEx growth <5%.
- Expanded collaboration with Lilly (undisclosed target); Novartis collaboration cleared with $150M payment received.