Definitive Healthcare (DH) Operating Expenses (2020 - 2026)
Definitive Healthcare posted quarterly Operating Expenses of $242.9 million for Q1 2026, up 6.3% year-on-year 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) has 7 years of Operating Expenses data on file, last reported at $242.9 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 6.3% year-over-year to $242.9 million; the trailing twelve-month figure through Mar 2026 stood at $421.9 million (down 60.57% YoY), and the FY2025 full-year result was $407.5 million, down 55.13% from the prior year.
- Operating Expenses for Q1 2026 stood at $242.9 million, 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.
- The 5-year median for Operating Expenses is $63.5 million (2023), against an average of $136.3 million.
- The widest annual swing landed in 2024, when Operating Expenses jumped 579.11%; it then slumped 87.91% in 2025.
- A 5-year view of Operating Expenses shows it stood at $61.3 million in 2022, then climbed by 3.52% to $63.5 million in 2023, then surged by 131.76% to $147.2 million in 2024, then tumbled by 50.03% to $73.5 million in 2025, then jumped 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 30.85 Bn | 24.28 Bn | 622.47 Mn | 376.60 Mn |
| 2 | BrightSpring Health Services | 12.29 Bn | 11.41 Bn | 482.22 Mn | 360.77 Mn |
| 3 | Healthequity | 7.80 Bn | 7.48 Bn | 256.31 Mn | 153.36 Mn |
| 4 | Hinge Health | 4.82 Bn | 4.51 Bn | 154.23 Mn | 122.16 Mn |
| 5 | Doximity | 4.21 Bn | 3.46 Bn | 125.97 Mn | 101.14 Mn |
| 6 | Waystar Holding | 4.18 Bn | 4.03 Bn | 268.04 Mn | 233.41 Mn |
| 7 | 10x Genomics | 3.78 Bn | 3.24 Bn | 106.18 Mn | 123.22 Mn |
| 8 | Privia Health | 2.65 Bn | 2.28 Bn | 595.71 Mn | 596.43 Mn |
| 9 | Omnicell | 1.95 Bn | 1.78 Bn | 140.36 Mn | 123.51 Mn |
| 10 | Definitive Healthcare | 102.79 Mn | -10.44 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 |
| Mar 31, 2021 | 30.12 Mn |
| Dec 31, 2020 | 32.80 Mn |
| Sep 30, 2020 | 23.89 Mn |
| Jun 30, 2020 | 23.43 Mn |
| Mar 31, 2020 | 23.62 Mn |