Definitive Healthcare (DH) Research & Development (2020 - 2026)

Definitive Healthcare's (DH) quarterly Research & Development came in at $6.5 million in Q1 2026, down 68.53% YoY from $20.7 million in Q1 2025, and up 124.32% on a QoQ basis from -$26.7 million in Q4 2025.

Definitive Healthcare (DH) Research & Development (2020 - 2026) Analysis & Trends

Definitive Healthcare (DH) has 7 years of Research & Development data on file, last reported at $6.5 million in Q1 2026.

  • Quarterly Research & Development fell 68.53% year-over-year to $6.5 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $20.6 million (down 41.76% YoY) and the FY2025 annual result came in at $34.8 million, down 4.77% from the prior year.
  • Research & Development advanced to $6.5 million in Q1 2026, from -$26.7 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $24.7 million in Q2 2023 to a low of -$26.9 million in Q4 2024.
  • A 5-year average of $13.2 million and a median of $20.5 million in 2025 frame the typical range for Research & Development.
  • Annual changes were most pronounced in 2022 — Research & Development surged 346.35% — and 2024, when it slumped 332.66%.
  • Tracing DH's Research & Development over 5 years: stood at $10.1 million in 2022, then advanced by 14.22% to $11.6 million in 2023, then tumbled by 332.66% to -$26.9 million in 2024, then climbed by 0.71% to -$26.7 million in 2025, then jumped by 124.32% to $6.5 million in 2026.
  • The last three Research & Development figures came in at $6.5 million (Q1 2026), -$26.7 million (Q4 2025), and $20.4 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Veeva Systems 39.72 Bn 32.40 Bn 662.02 Mn 208.32 Mn
2 BrightSpring Health Services 12.19 Bn 11.64 Bn 492.75 Mn -
3 Healthequity 8.79 Bn 8.52 Bn 256.31 Mn 26.83 Mn
4 10x Genomics 7.31 Bn 6.76 Bn 112.50 Mn 56.79 Mn
5 Hinge Health 7.10 Bn 6.71 Bn 183.95 Mn 81.41 Mn
6 MiniMed 5.66 Bn 5.36 Bn 480.00 Mn 99.00 Mn
7 Waystar Holding 4.76 Bn 4.56 Bn 221.99 Mn 50.38 Mn
8 Doximity 4.46 Bn 3.77 Bn 132.93 Mn 45.05 Mn
9 Heartflow 3.66 Bn 3.28 Bn 53.19 Mn 30.58 Mn
10 Definitive Healthcare 68.32 Mn -72.07 Mn 40.54 Mn 19.16 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 19.16 Mn
Mar 31, 2026 6.50 Mn
Dec 31, 2025 -26.73 Mn
Sep 30, 2025 20.38 Mn
Jun 30, 2025 20.47 Mn
Mar 31, 2025 20.65 Mn
Dec 31, 2024 -26.92 Mn
Sep 30, 2024 20.13 Mn
Jun 30, 2024 21.55 Mn
Mar 31, 2024 10.13 Mn
Dec 31, 2023 11.57 Mn
Sep 30, 2023 22.80 Mn
Jun 30, 2023 24.70 Mn
Mar 31, 2023 23.42 Mn
Dec 31, 2022 10.13 Mn
Sep 30, 2022 21.18 Mn
Jun 30, 2022 23.59 Mn
Mar 31, 2022 21.29 Mn
Dec 31, 2021 5.75 Mn
Sep 30, 2021 4.75 Mn