{"schema_version":"secwatch.filing_event.v1","accession":"0001490978-26-000009","form_type":"8-K","ticker":"SDGR","cik":"0001490978","company_name":"Schrodinger, Inc.","filed_at":"2026-02-25T23:59:59+00:00","discovered_at":"2026-05-14T18:02:35.211265+00:00","generated_at":"2026-05-16T00:15:12.846069+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Schrödinger reports 2025 revenue $255.9M (+23%), net loss $103.3M; guides 2026 software ACV $218-228M","bullets":["Software revenue $199.5M (+10.6%); drug discovery revenue $56.4M (+107%) vs $27.2M in 2024.","Software ACV $198.5M, up 4% YoY; net loss $103.3M vs $187.1M; adjusted EBITDA -$114.9M vs -$152.5M.","Accelerating transition to hosted software; GAAP software revenue expected to decline short-to-medium term while ACV unchanged.","2026 guidance: software ACV $218-228M (10-15% growth), drug discovery rev $55-65M, opex below 2025.","2028 objective: positive adjusted EBITDA by year-end, substantially complete hosted transition, drug discovery rev ~$50M/year."],"urls":{"canonical":"https://secwatch.observer/filing/0001490978-26-000009","json":"https://secwatch.observer/filing/0001490978-26-000009.json","markdown":"https://secwatch.observer/filing/0001490978-26-000009.md","text":"https://secwatch.observer/filing/0001490978-26-000009.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1490978/000149097826000009/0001490978-26-000009-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1490978/000149097826000009/sdgr-20260225.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T00:15:12.846069+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}