Growth Metrics

Doximity (DOCS) Operating Expenses (2020 - 2025)

Doximity has reported Operating Expenses over the past 6 years, most recently at $94.5 million for Q4 2025.

  • Quarterly Operating Expenses rose 26.79% to $94.5 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $333.6 million through Dec 2025, up 21.22% year-over-year, with the annual reading at $286.7 million for FY2025, 9.91% up from the prior year.
  • Operating Expenses was $94.5 million for Q4 2025 at Doximity, up from $88.4 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $94.5 million in Q4 2025 and troughed at $35.8 million in Q1 2021.
  • The 5-year median for Operating Expenses is $64.5 million (2023), against an average of $63.6 million.
  • Year-over-year, Operating Expenses surged 66.97% in 2021 and then dropped 1.26% in 2024.
  • A 5-year view of Operating Expenses shows it stood at $51.0 million in 2021, then grew by 24.02% to $63.3 million in 2022, then grew by 2.04% to $64.5 million in 2023, then grew by 15.42% to $74.5 million in 2024, then grew by 26.79% to $94.5 million in 2025.
  • Per Business Quant, the three most recent readings for DOCS's Operating Expenses are $94.5 million (Q4 2025), $88.4 million (Q3 2025), and $75.6 million (Q2 2025).