Schrödinger reported strong performance in the first quarter of 2025, with total revenue increasing 63% year-over-year to $59.6 million, driven by significant growth in both software and drug discovery segments. The company reported a GAAP net loss of $59.8 million and a non-GAAP net loss of $46.7 million for the quarter.
Total revenue for Q1 2025 was $59.6 million, a 63% increase compared to Q1 2024.
Software revenue grew 46% year-over-year to $48.8 million in Q1 2025.
Drug discovery revenue saw substantial growth, increasing 237% to $10.7 million in Q1 2025.
The company reported a GAAP net loss of $59.8 million and a non-GAAP net loss of $46.7 million for the quarter.
Schrödinger maintained its previously issued financial guidance for the fiscal year ending December 31, 2025. For the second quarter of 2025, software revenue is expected to range from $38 million to $42 million.
Visualization of income flow from segment revenue to net income