Schrodinger, Inc.

Annual Trend FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Cash and cash equivalents $26.0m $202.3m $120.3m $90.5m $155.3m $147.3m $230.5m
Accounts receivable, net of allowance for doubtful accounts of $440 and $210 $18.7m $31.4m $31.7m $56.0m $66.0m $235.7m $83.0m
Unbilled and other receivables, net of allowance for unbilled receivables of $140 and $100 $7.1m $4.0m $8.8m $13.1m $23.1m $19.6m $21.4m
Prepaid expenses $6.5m $4.4m $5.0m $8.6m $9.9m $12.2m $12.5m
Total current assets $118.5m $683.0m $625.1m $534.0m $567.8m $635.0m $519.3m
Property and equipment, net $6.3m $5.1m $10.0m $14.2m $23.3m $24.2m $19.5m
Goodwill $0 $4.8m $4.8m $4.8m $4.8m
Right of use assets - operating leases $12.8m $10.1m $75.4m $106.0m $117.8m $111.9m $102.7m
Other assets $2.3m $2.4m $2.9m $3.3m $6.0m $4.2m $6.3m
Restricted cash $500k $500k $3.0m $5.2m $5.8m $15.3m $6.9m
Marketable securities $59.8m $440.4m $456.2m $360.6m $307.7m $204.8m $164.9m
Equity investments $15.4m $45.7m $43.2m $25.7m $83.3m $43.2m $73.6m
Deferred revenue $25.1m $45.4m $55.4m $57.9m $56.2m $111.9m $112.9m
Lease liabilities - operating leases $5.6m $4.5m $2.0m $11.0m $16.9m $16.8m $16.4m
Deferred revenue, long-term $2.2m $41.2m $30.1m $25.6m $9.0m $108.8m $78.9m
Lease liabilities - operating leases, long-term $8.9m $7.2m $77.8m $105.5m $111.0m $101.1m $92.8m
Other liabilities, long-term $900k $654k $300k $800k $667k $146k $1.3m
Total assets $155.3m $746.3m $756.5m $688.6m $803.0m $823.2m $726.2m
Total liabilities and stockholders' equity $155.3m $746.3m $756.5m $688.6m $803.0m $823.2m $726.2m
Accounts payable $3.5m $8.4m $8.1m $9.5m $16.8m $10.7m $11.5m
Accrued payroll, taxes, and benefits $7.0m $12.0m $18.4m $24.9m $31.8m $42.1m $39.3m
Other accrued liabilities $3.8m $2.9m $7.3m $5.5m $12.0m $10.3m $9.2m
Total current liabilities $45.0m $73.2m $91.2m $108.8m $133.7m $191.7m $189.1m
Total liabilities $57.0m $122.2m $199.4m $240.7m $254.4m $401.8m $362.1m
Preferred stock, $0.01 par value. Authorized 10,000,000 shares; zero shares issued and outstanding at December 31, 2025 and December 31, 2024, respectively 0 0 0 0 0
Common stock $61k $607k $710k $714k $722k $729k $737k
Additional paid-in capital $11.7m $752.6m $787.0m $828.7m $886.0m $946.0m $992.0m
Accumulated deficit ($105.1m) ($129.6m) ($230.0m) ($379.1m) ($338.4m) ($525.5m) ($628.8m)
Accumulated other comprehensive income $16k $317k ($651k) ($2.4m) $281k $220k $107k
Total stockholders' equity ($93.4m) $624.0m $557.1m $447.9m $548.6m $421.4m $364.1m