What move does the options market price into Schrodinger's report?

Implied ±13.2%, either direction.

How often does Schrodinger move more than the options market prices?

1 of the last 8 reports moved at least as far as the implied move.

SDGRNasdaqPharmaceutical Preparations

Schrodinger, Inc. (SDGR) earnings date, market-implied expected move, and options open interest by expiry

26.18

−0.96 · −3.55%

Regular session14:33 ET

Open26.49Volume1.9MMkt cap$2.0BEPS-0.73

Day26.04 – 26.5527%52-wk10.95 – 33.7867%

SDGR

Schrodinger, Inc.

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

Inputs

±13.2%implied · report alone

8Q avg ±5.1%·×2.62·rich

23.5530.73

straddle ±18.1%

spot 27.14exp Nov 20ATM strike 27.5ATM straddle 5.77IV 110%

Oct 30 closereport share · term structure

Expected move

Inputs

Next report

Nov 4

after close · in 2 days

est.Q3 FY26

Calendar

Next report

Last report

+8.60%

vs ±12.1% implied · ×0.71

shaded = implied · ▲▼ = realized

Aug 5 '26 · confirmed

Implied vs realized

Linked news

4dLLY · customerWe're raising our price target on Eli Lilly as the obesity-drug boom rolls on
4dBMY · customerBristol Myers Squibb posts Q3 net earnings $2,162 million, diluted EPS $1.05, revenue $13,069 million

News

Largest filed tie

13F top-10 QoQ

+0.10%

shares held · 10 largest managers

13F · Jun 30 '26125d lag

232 managers

Top fund weight

0.03%

SDGR weight · IWM

N-PORTJun 30 '26

3 funds

Last reportshaded = implied▲▼ = realized× = |realized| ÷ implied

Schrodinger (SDGR) is expected to report on Nov 4 after close (estimated date).

Implied vs realized

8 reports

1 of 8≥ implied

avg implied: ±14.4%
avg realized: ±5.1%

Nov 12 '24Nov 12 '24confirmed±13.2%▲+13.87%×1.05

Feb 26 '25Feb 26 '25confirmed±15.7%▲+2.53%×0.16

May 7 '25May 7 '25confirmed±13.4%▲+0.67%×0.05

Aug 6 '25Aug 6 '25confirmed±10.8%▲+0.10%×0.01

Q3 FY25Nov 5 '25confirmed±16.8%▼−5.67%×0.34

Q1 FY26Feb 25 '26confirmed±20.5%▲+8.14%×0.40

May 5 '26May 5 '26confirmed±12.7%▲+0.85%×0.07

Q2 FY26Aug 5 '26confirmed±12.1%▲+8.60%×0.71

quarterimplied−25%0+25%realized×

Q2 FY26±12.1%▲+8.60%×0.71

May '26±12.7%

Shaded = implied · tick ▲▼ = realized · × = |realized| ÷ impliedSource: options EOD · implied at prior close · realized close to close

Implied vs realized

Positioning

OI · 3 expiries · Oct 29 close

0.27OI · 3 expiries · Oct 29 closeP/C open interest · Nov 20 · first expiry after the report

PUTS · chgexpiry · days · P/CCALLS · chgP/C

5,434+1%Nov 2018d20,1760%

7,120+232%Dec 1846d0.917,854−4%0.91

401+1%Mar 19137d0.075,839−8%0.07

ExpiryPutsCallsP/C

Nov 2018d5,434+1%20,1760%0.27

Dec 1846d7,120+232%7,854−4%0.91

Mar 19137d401+1%5,839−8%0.07

Hatched = puts · solid = calls · bars scaled per expiry · chg = OI vs prior sessionSource: options EOD

Positioning

Linked exposure

scenario · straddle±18.1%

Funds 3

IWM±0.0%

UWM±0.0%

VTI±0.0%

Dashed = straddleMethod Source: SEC filings · N-PORT · market data

Linked exposure

Revenue flow

as filedQ2 FY26

10.15%as filednet margin · revenue +0.52% QoQ · +7.54% YoY

Revenue$59M+0.52%

Gross profit$32M55.07%+9.76%

Operating income−$42M−70.55%+14.85%

Pre-tax income$7M+112.32%

Net income$6M10.15%+109.95%

Cost of revenue$26M−8.89%

Operating expenses$74M−5.57%

Tax$1M+236.27%

Other income$49M+551.72%

Source: SEC filings · standardized · QE Jun 30 '26 · bars = % of revenue

Revenue flow

Intraday

15m bars

Long dash = implied range · Oct 30 close · Hatch = extended hours · ▯ up · ▮ downSource: market data · 14:30 ET

Intraday

Event sensitivity

NFP ×1.28· ±3.6% vs ±2.8% · 10 releases

eventrelease day|move|up · n×base

NFPjobs report±3.6%2 of 10×1.28

PCEpersonal income & outlays±2.4%11 of 19×0.86

CPROFcorporate profits±2.4%4 of 12×0.85

GDPgross domestic product±2.4%9 of 19×0.84

PPIproducer prices±2.2%5 of 10×0.79

FOMCrate decision±2.2%10 of 24×0.77

CPIconsumer prices±1.1%3 of 10×0.40

Bar = avg |move| to ±4% · tick = ±2.8% avg day · ×base = |move| ÷ ±2.8% · min 6 releases

Earnings history

EPS 0.08 · consensus —

Quarter	Reported	EPS	Consensus
Q2 FY26	Aug 5 '26 · confirmed	0.08	—
Q1 FY26	Feb 25 '26 · confirmed	-0.81	—
Q3 FY25	Nov 5 '25 · confirmed	-0.45	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod