Definitive Healthcare (DH) Operating Expenses (2020 - 2026)
Definitive Healthcare (DH) posted Operating Expenses of $242.9 million for Q1 2026, up 230.37% on a QoQ basis from $73.5 million in Q4 2025, and up 6.3% year-over-year from $228.5 million in Q1 2025.
Definitive Healthcare (DH) Operating Expenses (2020 - 2026) Analysis & Trends
Definitive Healthcare's Operating Expenses history runs 7 years deep, the most recent figure standing at $242.9 million for Q1 2026.
- Quarterly Operating Expenses rose 6.3% year-over-year to $242.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $421.9 million (down 60.57% YoY) and the FY2025 annual result came in at $407.5 million, down 55.13% from the prior year.
- Operating Expenses was $242.9 million for Q1 2026 at Definitive Healthcare, up from $73.5 million in the prior quarter.
- Across five years, Operating Expenses topped out at $420.1 million in Q2 2024 and bottomed at $50.4 million in Q1 2022.
- A 5-year average of $136.3 million and a median of $63.5 million in 2023 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2024 — Operating Expenses jumped 579.11% — and 2025, when it tumbled 87.91%.
- Definitive Healthcare's Operating Expenses stood at $61.3 million in 2022, then grew by 3.52% to $63.5 million in 2023, then soared by 131.76% to $147.2 million in 2024, then slumped by 50.03% to $73.5 million in 2025, then surged by 230.37% to $242.9 million in 2026.
- Business Quant data shows DH's Operating Expenses at $242.9 million in Q1 2026, $73.5 million in Q4 2025, and $54.7 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 31.97 Bn | 24.65 Bn | 662.02 Mn | 388.91 Mn |
| 2 | BrightSpring Health Services | 14.72 Bn | 13.82 Bn | 482.22 Mn | 360.77 Mn |
| 3 | Healthequity | 8.31 Bn | 8.05 Bn | 256.31 Mn | 153.36 Mn |
| 4 | Hinge Health | 5.99 Bn | 5.68 Bn | 154.23 Mn | 122.16 Mn |
| 5 | 10x Genomics | 5.92 Bn | 5.38 Bn | 106.18 Mn | 123.22 Mn |
| 6 | MiniMed | 4.54 Bn | 4.24 Bn | 480.00 Mn | 398.00 Mn |
| 7 | Waystar Holding | 4.48 Bn | 4.42 Bn | 216.84 Mn | 233.41 Mn |
| 8 | Doximity | 3.96 Bn | 3.21 Bn | 125.97 Mn | 101.14 Mn |
| 9 | Privia Health | 3.15 Bn | 2.73 Bn | - | 596.43 Mn |
| 10 | Definitive Healthcare | 71.53 Mn | -86.16 Mn | 41.65 Mn | 242.94 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 242.94 Mn |
| Dec 31, 2025 | 73.54 Mn |
| Sep 30, 2025 | 54.68 Mn |
| Jun 30, 2025 | 50.78 Mn |
| Mar 31, 2025 | 228.55 Mn |
| Dec 31, 2024 | 147.17 Mn |
| Sep 30, 2024 | 274.40 Mn |
| Jun 30, 2024 | 420.10 Mn |
| Mar 31, 2024 | 66.63 Mn |
| Dec 31, 2023 | 63.50 Mn |
| Sep 30, 2023 | 348.81 Mn |
| Jun 30, 2023 | 61.86 Mn |
| Mar 31, 2023 | 59.57 Mn |
| Dec 31, 2022 | 61.34 Mn |
| Sep 30, 2022 | 57.72 Mn |
| Jun 30, 2022 | 54.65 Mn |
| Mar 31, 2022 | 50.36 Mn |
| Dec 31, 2021 | 48.51 Mn |
| Sep 30, 2021 | 37.24 Mn |
| Jun 30, 2021 | 36.91 Mn |