Definitive Healthcare (DH) Research & Development (2020 - 2026)
Definitive Healthcare posted quarterly Research & Development of $6.5 million for Q1 2026, down 30.13% year-on-year from $9.3 million in Q1 2025, and down 34.71% on a QoQ basis from $10.0 million in Q4 2025.
Definitive Healthcare (DH) has 7 years of Research & Development data on file, last reported at $6.5 million in Q1 2026.
- For the quarter ending Q1 2026, Research & Development fell 30.13% year-over-year to $6.5 million; the trailing twelve-month figure through Mar 2026 stood at $32.0 million (down 10.4% YoY), and the FY2025 full-year result was $34.8 million, down 4.77% from the prior year.
- Research & Development for Q1 2026 stood at $6.5 million, down from $10.0 million in the prior quarter.
- Across five years, Research & Development topped out at $11.6 million in Q4 2023 and bottomed at $6.5 million in Q1 2026.
- The 5-year median for Research & Development is $9.3 million (2025), against an average of $9.1 million.
- The widest annual swing landed in 2022, when Research & Development jumped 103.55%; it then sank 32.32% in 2024.
- A 5-year view of Research & Development shows it stood at $10.1 million in 2022, then climbed by 14.22% to $11.6 million in 2023, then dropped by 22.36% to $9.0 million in 2024, then grew by 10.82% to $10.0 million in 2025, then slumped by 34.71% to $6.5 million in 2026.
- The last three Research & Development figures came in at $6.5 million (Q1 2026), $10.0 million (Q4 2025), and $7.6 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 30.85 Bn | 24.28 Bn | 622.47 Mn | 198.79 Mn |
| 2 | BrightSpring Health Services | 12.29 Bn | 11.41 Bn | 482.22 Mn | - |
| 3 | Healthequity | 7.80 Bn | 7.48 Bn | 256.31 Mn | 67.77 Mn |
| 4 | Hinge Health | 4.82 Bn | 4.51 Bn | 154.23 Mn | 30.34 Mn |
| 5 | Doximity | 4.21 Bn | 3.46 Bn | 125.97 Mn | 39.11 Mn |
| 6 | Waystar Holding | 4.18 Bn | 4.03 Bn | 268.04 Mn | 18.37 Mn |
| 7 | 10x Genomics | 3.78 Bn | 3.24 Bn | 106.18 Mn | 56.85 Mn |
| 8 | Privia Health | 2.65 Bn | 2.28 Bn | 595.71 Mn | - |
| 9 | Omnicell | 1.95 Bn | 1.78 Bn | 140.36 Mn | 21.52 Mn |
| 10 | Definitive Healthcare | 102.79 Mn | -10.44 Mn | 41.65 Mn | 6.50 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 6.50 Mn |
| Dec 31, 2025 | 9.95 Mn |
| Sep 30, 2025 | 7.55 Mn |
| Jun 30, 2025 | 7.97 Mn |
| Mar 31, 2025 | 9.30 Mn |
| Dec 31, 2024 | 8.98 Mn |
| Sep 30, 2024 | 7.28 Mn |
| Jun 30, 2024 | 10.12 Mn |
| Mar 31, 2024 | 10.13 Mn |
| Dec 31, 2023 | 11.57 Mn |
| Sep 30, 2023 | 10.76 Mn |
| Jun 30, 2023 | 10.23 Mn |
| Mar 31, 2023 | 9.88 Mn |
| Dec 31, 2022 | 10.13 Mn |
| Sep 30, 2022 | 9.21 Mn |
| Jun 30, 2022 | 8.71 Mn |
| Mar 31, 2022 | 6.85 Mn |
| Dec 31, 2021 | 5.75 Mn |
| Sep 30, 2021 | 4.75 Mn |
| Jun 30, 2021 | 4.28 Mn |
| Mar 31, 2021 | 3.79 Mn |
| Dec 31, 2020 | 3.50 Mn |
| Sep 30, 2020 | 2.62 Mn |
| Jun 30, 2020 | 2.46 Mn |
| Mar 31, 2020 | 2.49 Mn |