Schrodinger Inc (SDGR)

Gross profit margin

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Gross profit	US$ in thousands	132,083	140,692	101,022	65,620	63,472
Revenue	US$ in thousands	207,539	216,666	180,955	137,931	108,095
Gross profit margin		63.64%	64.93%	55.83%	47.57%	58.72%

December 31, 2024 calculation

Gross profit margin = Gross profit ÷ Revenue
= $132,083K ÷ $207,539K
= 63.64%

The gross profit margin of Schrodinger Inc has shown fluctuations over the years, as evidenced by the following data: in 2020, the gross profit margin stood at 58.72%, indicating a strong profitability in that year. However, by the end of 2021, the margin had decreased to 47.57%, suggesting a decline in the company's ability to generate profit from its core operations.

There was a notable recovery in 2022, with the gross profit margin rising to 55.83%, albeit not reaching the levels seen in 2020. The positive trend continued into 2023, where the margin significantly improved to 64.93%, showcasing a substantial increase in profitability.

By the end of 2024, Schrodinger Inc maintained a robust gross profit margin of 63.64%, indicating continued strength in generating profit from its sales. Overall, the company's gross profit margin has displayed a mix of fluctuations and improvements over the years, highlighting the importance of effectively managing costs and maximizing revenue to enhance overall profitability.