Doximity (DOCS) Cost of Revenue (2020 - 2026)
Doximity (DOCS) reported Cost of Revenue of $112.7 million for Q1 2026, up 199.72% year-over-year from $37.6 million in Q1 2025, and up 167.1% on a QoQ basis from $42.2 million in Q4 2025.
Doximity (DOCS) has 7 years of Cost of Revenue data on file, last reported at $112.7 million in Q1 2026.
- Quarterly Cost of Revenue rose 199.72% year-over-year to $112.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $230.5 million (up 58.17% YoY) and the FY2026 annual result came in at $163.6 million, up 12.31% from the prior year.
- Cost of Revenue climbed to $112.7 million in Q1 2026 per DOCS's latest filing, from $42.2 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $112.7 million in Q1 2026 and bottomed at $12.2 million in Q4 2023.
- The 5-year median for Cost of Revenue is $34.4 million (2024), against an average of $33.1 million.
- Peak annual rise in Cost of Revenue reached 215.76% in 2024, while the deepest fall reached 62.09% in 2024.
- Tracing DOCS's Cost of Revenue over 5 years: stood at $13.5 million in 2022, then retreated by 9.88% to $12.2 million in 2023, then soared by 215.76% to $38.5 million in 2024, then grew by 9.65% to $42.2 million in 2025, then jumped by 167.1% to $112.7 million in 2026.
- Per Business Quant, the three latest DOCS Cost of Revenue figures stand at $112.7 million (Q1 2026), $42.2 million (Q4 2025), and $39.2 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 30.85 Bn | 24.28 Bn | 622.47 Mn | 110.18 Mn |
| 2 | BrightSpring Health Services | 12.29 Bn | 11.41 Bn | 482.22 Mn | 260.92 Mn |
| 3 | Healthequity | 7.80 Bn | 7.48 Bn | 256.31 Mn | 26.83 Mn |
| 4 | Hinge Health | 4.82 Bn | 4.51 Bn | 154.23 Mn | 28.07 Mn |
| 5 | Doximity | 4.21 Bn | 3.46 Bn | 125.97 Mn | 112.73 Mn |
| 6 | Waystar Holding | 4.18 Bn | 4.03 Bn | 268.04 Mn | 45.83 Mn |
| 7 | 10x Genomics | 3.78 Bn | 3.24 Bn | 106.18 Mn | 44.67 Mn |
| 8 | Privia Health | 2.65 Bn | 2.28 Bn | 595.71 Mn | 8.13 Mn |
| 9 | Omnicell | 1.95 Bn | 1.78 Bn | 140.36 Mn | 169.52 Mn |
| 10 | Teladoc Health | 1.42 Bn | 672.39 Mn | 562.57 Mn | 51.28 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 112.73 Mn |
| Mar 31, 2026 | 112.73 Mn |
| Dec 31, 2025 | 18.70 Mn |
| Dec 31, 2025 | 18.70 Mn |
| Sep 30, 2025 | 16.43 Mn |
| Sep 30, 2025 | 16.43 Mn |
| Jun 30, 2025 | 15.79 Mn |
| Jun 30, 2025 | 15.79 Mn |
| Mar 31, 2025 | 14.47 Mn |
| Mar 31, 2025 | 14.47 Mn |
| Dec 31, 2024 | 38.49 Mn |
| Dec 31, 2024 | 38.49 Mn |
| Sep 30, 2024 | 34.37 Mn |
| Sep 30, 2024 | 34.37 Mn |
| Jun 30, 2024 | 35.24 Mn |
| Jun 30, 2024 | 35.24 Mn |
| Mar 31, 2024 | -48.94 Mn |
| Mar 31, 2024 | -48.94 Mn |
| Dec 31, 2023 | 34.96 Mn |
| Dec 31, 2023 | 34.96 Mn |
| Sep 30, 2023 | 30.20 Mn |
| Sep 30, 2023 | 30.20 Mn |
| Jun 30, 2023 | 34.46 Mn |
| Jun 30, 2023 | 34.46 Mn |
| Mar 31, 2023 | 83.71 Mn |
| Mar 31, 2023 | 83.71 Mn |
| Dec 31, 2022 | 13.53 Mn |
| Dec 31, 2022 | 13.53 Mn |
| Sep 30, 2022 | 29.02 Mn |
| Sep 30, 2022 | 29.02 Mn |
| Jun 30, 2022 | 13.08 Mn |
| Jun 30, 2022 | 13.08 Mn |
| Mar 31, 2022 | -26.44 Mn |
| Mar 31, 2022 | -26.44 Mn |
| Dec 31, 2021 | 25.70 Mn |
| Dec 31, 2021 | 25.70 Mn |
| Sep 30, 2021 | 8.95 Mn |
| Sep 30, 2021 | 8.95 Mn |
| Jun 30, 2021 | 19.37 Mn |
| Jun 30, 2021 | 19.37 Mn |
| Mar 31, 2021 | 7.99 Mn |
| Mar 31, 2021 | 7.99 Mn |
| Dec 31, 2020 | 7.87 Mn |
| Dec 31, 2020 | 7.87 Mn |
| Sep 30, 2020 | 7.46 Mn |
| Sep 30, 2020 | 7.46 Mn |
| Jun 30, 2020 | 7.88 Mn |
| Jun 30, 2020 | 7.88 Mn |