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Q2 FY2026 EarningsQ2 FY26 results delivered a top-line beat with revenue of $58.9M exceeding the $47.2M consensus, driven by a $10M collaboration milestone in Drug Discovery. Non-GAAP net income significantly outperformed expectations due to a $45.9M gain from equity investments (Ajax Therapeutics acquisition), leading to a GAAP EPS of $0.08 vs. an expected loss of $0.39. ACV grew 27% YoY to $29.6M, while Software revenue fell 10% YoY during the transition to a hosted licensing model. Management raised FY26 Drug Discovery revenue guidance to $65M-$75M.
Financial report interval: 2026.03.30 - 2026.06.30
Overview: Schrodinger(SDGR) the Revenue is 58.89 M (+7.54%), Beat estimate;the EBIT is -41.55 M (+21.47%), Beat estimate;the EPS is 0.08 (+113.6%), Beat estimate.
Actual
YoY
Estimate
YoY
Vs estimate
YoY
RevenueExceed expectations
0.06B7.54%
0.05B13.72%
+0.01B21.26%
EBITExceed expectations
-0.04B21.47%
-0.05B8.39%
+0.01B13.08%
EPSExceed expectations
0.08113.56%
-0.385234.71%
+0.465278.85%
Revenue
ActualEstimateUnit: USD
qf
EBIT
ActualEstimateUnit: USD
qf
Net income
ActualEstimateUnit: USD
qf
EPS
ActualEstimateUnit: USD
qf
