Growth Metrics

Doximity (DOCS) Cost of Revenue (2020 - 2025)

Doximity has reported Cost of Revenue over the past 6 years, most recently at $18.7 million for Q4 2025.

  • Quarterly Cost of Revenue fell 51.41% to $18.7 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $65.4 million through Dec 2025, up 10.53% year-over-year, with the annual reading at $55.9 million for FY2025, 10.27% up from the prior year.
  • Cost of Revenue was $18.7 million for Q4 2025 at Doximity, up from $16.4 million in the prior quarter.
  • Over five years, Cost of Revenue peaked at $83.7 million in Q1 2023 and troughed at -$48.9 million in Q1 2024.
  • The 5-year median for Cost of Revenue is $19.0 million (2021), against an average of $20.0 million.
  • Year-over-year, Cost of Revenue tumbled 430.83% in 2022 and then surged 416.57% in 2023.
  • A 5-year view of Cost of Revenue shows it stood at $25.7 million in 2021, then plummeted by 47.37% to $13.5 million in 2022, then skyrocketed by 158.44% to $35.0 million in 2023, then increased by 10.11% to $38.5 million in 2024, then tumbled by 51.41% to $18.7 million in 2025.
  • Per Business Quant, the three most recent readings for DOCS's Cost of Revenue are $18.7 million (Q4 2025), $16.4 million (Q3 2025), and $15.8 million (Q2 2025).