Definitive Healthcare (DH) Operating Expenses (2020 - 2026)
Definitive Healthcare's (DH) quarterly Operating Expenses came in at $242.9 million in Q1 2026, up 6.3% YoY from $228.5 million in Q1 2025, and up 230.37% on a QoQ basis from $73.5 million in Q4 2025.
Definitive Healthcare (DH) Operating Expenses (2020 - 2026) Analysis & Trends
Definitive Healthcare (DH) has 7 years of Operating Expenses data on file, last reported at $242.9 million in 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 grew to $242.9 million in Q1 2026, from $73.5 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $420.1 million in Q2 2024 to a low of $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 plunged 87.91%.
- Tracing DH's Operating Expenses over 5 years: stood at $61.3 million in 2022, then advanced by 3.52% to $63.5 million in 2023, then jumped by 131.76% to $147.2 million in 2024, then plunged by 50.03% to $73.5 million in 2025, then soared by 230.37% to $242.9 million in 2026.
- The last three Operating Expenses figures came in at $242.9 million (Q1 2026), $73.5 million (Q4 2025), and $54.7 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 39.72 Bn | 32.40 Bn | 662.02 Mn | 388.91 Mn |
| 2 | BrightSpring Health Services | 12.19 Bn | 11.64 Bn | 492.75 Mn | 362.36 Mn |
| 3 | Healthequity | 8.79 Bn | 8.52 Bn | 256.31 Mn | 153.36 Mn |
| 4 | 10x Genomics | 7.31 Bn | 6.76 Bn | 112.50 Mn | 132.05 Mn |
| 5 | Hinge Health | 7.10 Bn | 6.71 Bn | 183.95 Mn | 143.51 Mn |
| 6 | MiniMed | 5.66 Bn | 5.36 Bn | 480.00 Mn | 398.00 Mn |
| 7 | Waystar Holding | 4.76 Bn | 4.56 Bn | 221.99 Mn | 243.63 Mn |
| 8 | Doximity | 4.46 Bn | 3.77 Bn | 132.93 Mn | 99.28 Mn |
| 9 | Heartflow | 3.66 Bn | 3.28 Bn | 53.19 Mn | 71.09 Mn |
| 10 | Definitive Healthcare | 68.32 Mn | -72.07 Mn | 40.54 Mn | 47.29 Mn |
Historic Data
Download 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 |