Doximity (DOCS) Cost of Revenue (2020 - 2026)
Doximity's (DOCS) quarterly Cost of Revenue came in at $23.7 million in Q2 2026, up 50.02% year-over-year from $15.8 million in Q2 2025, and up 22.08% quarter-over-quarter from $19.4 million in Q1 2026.
Analysis
Doximity (DOCS) Cost of Revenue (2020 - 2026) Analysis & Trends
Doximity (DOCS) has reported Cost of Revenue for 7 consecutive years, with $23.7 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Cost of Revenue rose 50.02% year-over-year to $23.7 million in Q2 2026; TTM through Jun 2026 was $78.2 million, a 34.6% increase from a year earlier, with the FY2026 full-year figure at $70.3 million, up 25.87% from the prior year.
- Cost of Revenue was $23.7 million for Q2 2026 at Doximity, up from $19.4 million in the prior quarter.
- Over five years, Cost of Revenue peaked at $23.7 million in Q2 2026 and troughed at $11.8 million in Q1 2022.
- A 5-year average of $14.8 million and a median of $13.6 million in 2024 frame the typical range for Cost of Revenue.
- Across the five-year window, Cost of Revenue surged 63.75% in 2022 and decreased 9.88% in 2023, its largest moves.
- Over 5 years, Cost of Revenue stood at $13.5 million in 2022, then decreased by 9.88% to $12.2 million in 2023, then increased by 16.33% to $14.2 million in 2024, then surged by 31.87% to $18.7 million in 2025, then advanced by 26.69% to $23.7 million in 2026.
- The last three Cost of Revenue figures came in at $23.7 million (Q2 2026), $19.4 million (Q1 2026), and $18.7 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 44.53 Bn | 37.29 Bn | 695.95 Mn | 232.01 Mn |
| 2 | Waystar Holding | 4.81 Bn | 4.62 Bn | 221.99 Mn | 97.69 Mn |
| 3 | Doximity | 4.74 Bn | 4.05 Bn | 132.93 Mn | 23.69 Mn |
| 4 | CCC Intelligent Solutions Holdings | 4.41 Bn | 4.30 Bn | 210.64 Mn | 75.29 Mn |
| 5 | EverCommerce | 1.40 Bn | 1.27 Bn | 119.50 Mn | 32.52 Mn |
| 6 | Schrodinger | 1.32 Bn | 904.47 Mn | 32.43 Mn | 26.46 Mn |
| 7 | Certara | 1.21 Bn | 1.03 Bn | 58.15 Mn | 35.12 Mn |
| 8 | GoodRx Holdings | 1.18 Bn | 887.53 Mn | 179.41 Mn | 21.00 Mn |
| 9 | Healthstream | 853.81 Mn | 787.08 Mn | 54.72 Mn | 29.02 Mn |
| 10 | Phreesia | 677.81 Mn | 677.81 Mn | 110.19 Mn | 19.27 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 23.69 Mn |
| Mar 31, 2026 | 19.41 Mn |
| Dec 31, 2025 | 18.70 Mn |
| Sep 30, 2025 | 16.43 Mn |
| Jun 30, 2025 | 15.79 Mn |
| Mar 31, 2025 | 14.47 Mn |
| Dec 31, 2024 | 14.18 Mn |
| Sep 30, 2024 | 13.68 Mn |
| Jun 30, 2024 | 13.55 Mn |
| Mar 31, 2024 | 12.57 Mn |
| Dec 31, 2023 | 12.19 Mn |
| Sep 30, 2023 | 12.76 Mn |
| Jun 30, 2023 | 13.15 Mn |
| Mar 31, 2023 | 13.68 Mn |
| Dec 31, 2022 | 13.53 Mn |
| Sep 30, 2022 | 13.21 Mn |
| Jun 30, 2022 | 13.08 Mn |
| Mar 31, 2022 | 11.77 Mn |
| Dec 31, 2021 | 11.09 Mn |
| Sep 30, 2021 | 8.95 Mn |