Growth Metrics

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

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DateValue
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