secwatch.observer — SEC 8-K summary
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Issuer:     Schrodinger, Inc. (SDGR)
CIK:        0001490978
Form:       8-K
Filed at:   2022-02-24T23:59:59+00:00
Accession:  0001564590-22-006692
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Schrödinger Q4 software revenue $38.6M, up 55% YoY; guides 2022 total revenue $161-181M
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- Q4 total revenue $46.2M (+40% YoY); software revenue $38.6M (+55% YoY); drug discovery $7.6M.
- FY 2021 total revenue $137.9M (+28% YoY); net loss $101.2M vs $26.6M loss in 2020.
- 2022 guidance: total revenue $161-181M; software $126-136M; drug discovery $35-45M; gross margin mid-70s%.
- Karen Akinsanya promoted to president of R&D; MALT1 IND H1 2022; Phase 1 study in H2 2022.
- Cash $579M; ACV $112.1M (+22% YoY); 190 customers >$100k ACV.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1490978/000156459022006692/0001564590-22-006692-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1490978/000156459022006692/sdgr-8k_20220224.htm
  HTML page:      https://secwatch.observer/filing/0001564590-22-006692

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer