Doximity (DOCS) Cost of Revenue (2020 - 2026)

Doximity's (DOCS) quarterly Cost of Revenue came in at $19.4 million in Q1 2026, up 34.15% year-on-year from $14.5 million in Q1 2025, and up 3.78% on a QoQ basis from $18.7 million in Q4 2025.

Doximity (DOCS) Cost of Revenue (2020 - 2026) Analysis & Trends

Doximity (DOCS) has 7 years of Cost of Revenue data on file, last reported at $19.4 million in Q1 2026.

  • On a quarterly basis, Cost of Revenue rose 34.15% year-over-year to $19.4 million in Q1 2026; TTM through Mar 2026 was $70.3 million, a 25.87% 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 for Q1 2026 stood at $19.4 million, up from $18.7 million in the prior quarter.
  • Over the last five years, Cost of Revenue for DOCS reached as high as $19.4 million in Q1 2026 and fell as low as $11.8 million in Q1 2022.
  • Historically, Cost of Revenue has averaged $14.2 million across 5 years, with a median of $13.6 million in 2024.
  • Across the five-year window, Cost of Revenue jumped 63.75% in 2022 and retreated 9.88% in 2023, its largest moves.
  • Year by year, Cost of Revenue stood at $13.5 million in 2022, then fell by 9.88% to $12.2 million in 2023, then climbed by 16.33% to $14.2 million in 2024, then soared by 31.87% to $18.7 million in 2025, then climbed by 3.78% to $19.4 million in 2026.
  • Per Business Quant data, the three most recent Cost of Revenue figures were $19.4 million in Q1 2026, $18.7 million in Q4 2025, and $16.4 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Veeva Systems 32.15 Bn 24.84 Bn 662.02 Mn 220.92 Mn
2 BrightSpring Health Services 14.66 Bn 13.75 Bn 482.22 Mn 260.92 Mn
3 Healthequity 8.39 Bn 8.13 Bn 256.31 Mn 98.33 Mn
4 Hinge Health 5.95 Bn 5.64 Bn 154.23 Mn 28.07 Mn
5 10x Genomics 5.88 Bn 5.34 Bn 106.18 Mn 44.67 Mn
6 MiniMed 4.53 Bn 4.23 Bn 480.00 Mn 357.00 Mn
7 Waystar Holding 4.46 Bn 4.40 Bn 216.84 Mn 97.04 Mn
8 Doximity 3.96 Bn 3.21 Bn 125.97 Mn 19.41 Mn
9 Privia Health 3.13 Bn 2.71 Bn - -
10 Omnicell 1.88 Bn 1.64 Bn 140.36 Mn 169.52 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 19.41 Mn
Mar 31, 2026 19.41 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 14.18 Mn
Dec 31, 2024 14.18 Mn
Sep 30, 2024 13.68 Mn
Sep 30, 2024 13.68 Mn
Jun 30, 2024 13.55 Mn
Jun 30, 2024 13.55 Mn
Mar 31, 2024 12.57 Mn
Mar 31, 2024 12.57 Mn
Dec 31, 2023 12.19 Mn
Dec 31, 2023 12.19 Mn