Definitive Healthcare (DH) Operating Expenses (2020 - 2026)
Definitive Healthcare's (DH) quarterly Operating Expenses came in at $47.3 million in Q2 2026, down 6.88% on a YoY basis from $50.8 million in Q2 2025, and down 80.53% quarter-over-quarter from $242.9 million in Q1 2026.
Analysis
Definitive Healthcare (DH) Operating Expenses (2020 - 2026) Analysis & Trends
Definitive Healthcare (DH) has reported Operating Expenses for 7 consecutive years, with $47.3 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Expenses fell 6.88% year-over-year to $47.3 million; the trailing twelve-month figure through Jun 2026 stood at $418.4 million (down 40.3% YoY), and the FY2025 full-year result was $407.5 million, down 55.13% from the prior year.
- Operating Expenses declined to $47.3 million in Q2 2026 per DH's latest filing, from $242.9 million in the prior quarter.
- Across five years, Operating Expenses topped out at $420.1 million in Q2 2024 and bottomed at $47.3 million in Q2 2026.
- Historically, Operating Expenses has averaged $131.3 million across 5 years, with a median of $62.7 million in 2023.
- The sharpest annual moves came in 2024 and 2025: Operating Expenses surged 579.11% in 2024, then sank 87.91% in 2025.
- Over 5 years, 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 plunged by 35.69% to $47.3 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $47.3 million, $242.9 million, and $73.5 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 44.53 Bn | 37.29 Bn | 695.95 Mn | 420.93 Mn |
| 2 | Waystar Holding | 4.81 Bn | 4.62 Bn | 221.99 Mn | 243.63 Mn |
| 3 | Doximity | 4.74 Bn | 4.05 Bn | 132.93 Mn | 99.28 Mn |
| 4 | CCC Intelligent Solutions Holdings | 4.41 Bn | 4.30 Bn | 210.64 Mn | 163.00 Mn |
| 5 | EverCommerce | 1.40 Bn | 1.27 Bn | 119.50 Mn | 134.54 Mn |
| 6 | Schrodinger | 1.32 Bn | 904.47 Mn | 32.43 Mn | 73.98 Mn |
| 7 | Certara | 1.21 Bn | 1.03 Bn | 58.15 Mn | 58.35 Mn |
| 8 | GoodRx Holdings | 1.18 Bn | 887.53 Mn | 179.41 Mn | 176.78 Mn |
| 9 | Healthstream | 853.81 Mn | 787.08 Mn | 54.72 Mn | 75.41 Mn |
| 10 | Definitive Healthcare | 112.08 Mn | -28.30 Mn | 40.54 Mn | 47.29 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 47.29 Mn |
| 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 |