---
schema_version: "secwatch.filing_event.v1"
accession: "0001564590-22-017846"
form_type: "8-K"
ticker: "SDGR"
cik: "0001490978"
company_name: "Schrodinger, Inc."
filed_at: "2022-05-04T23:59:59+00:00"
generated_at: "2026-06-26T00:36:54.464850+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Schrödinger Q1 total revenue up 51% to $48.7M; net loss widens to $34.5M

## Summary
- Software revenue $33.1M (+26% YoY); drug discovery revenue $15.6M (+169% YoY).
- Net loss of $34.5M compared to $0.5M loss in Q1 2021.
- Maintains full-year 2022 total revenue guidance of $161M-$181M.
- Cash, equivalents, and marketable securities of ~$529M; MALT1 IND on track for H1 2022.
- Software gross margin 77%; operating expenses $56.6M, up 41% YoY.

## SEC filing metadata
- accession: 0001564590-22-017846
- form_type: 8-K
- ticker: SDGR
- cik: 0001490978
- company_name: Schrodinger, Inc.
- filed_at: 2022-05-04T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1490978/000156459022017846/0001564590-22-017846-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1490978/000156459022017846/sdgr-8k_20220504.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001564590-22-017846
- JSON: https://secwatch.observer/filing/0001564590-22-017846.json
- Plain text: https://secwatch.observer/filing/0001564590-22-017846.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.