Schrodinger, Inc. — Form 10-Q
Filed August 5, 2026 · analyzed by the Periodic Agent
10-Q
— Neutral
significance 28/100
What the filing says
Schrodinger, Inc. amended its independent contractor agreement with Gates Ventures, LLC (effective June 15, 2026) to extend Statement of Work #2 by four years and increase the total fee cap from $6M to $8M, with written consent granted for an additional $2M in invoicing. The company also executed a fourth amendment to its Portland office lease, reducing premises from ~34.7k to ~17.3k sq ft, extending the term to April 30, 2032, with a $435k+ rent abatement through April 2027 and a $694k tenant improvement allowance.
Why this rating
Gates contract amendment adds ~$2M revenue potential (0.18% of $1.1B market cap); lease amendment is primarily operational. Both routine business modifications; no material M&A, financing, or strategic shift disclosed.
See more from August 5, 2026.
EDGAR·FLOW summarizes public SEC EDGAR filings with automated analysis. Materiality scores and stock-impact predictions are algorithmically generated and are not investment advice. Always verify against the source filing on SEC.gov.