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Schrodinger swings to Q2 GAAP profit of $6 million; revenue rises 8% to $58.9 million

PUBT·08/05/2026 20:25:09
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Schrodinger swings to Q2 GAAP profit of $6 million; revenue rises 8% to $58.9 million
  • Schrödinger reported Q2 net income of USD 5.98 million, swinging from a loss; revenue rose 8% to USD 58.89 million.
  • Software revenue fell 10% to USD 32.54 million; hosted revenue was 47% of software revenue as the shift to hosted licensing continued.
  • Drug discovery revenue more than doubled to USD 22.99 million, driven by a USD 10 million Ajax Therapeutics collaboration milestone.
  • ACV rose 27% to USD 29.6 million; operating loss narrowed to USD 41.55 million as operating expenses fell 6% to USD 73.98 million.
  • Launched early access Bunsen agentic AI co-scientist; guided 2026 ACV at USD 218 million-USD 228 million, drug discovery revenue at USD 65 million-USD 75 million.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Schrodinger Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202608051605BIZWIRE_USPR_____20260805_BW908510) on August 05, 2026, and is solely responsible for the information contained therein.