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Doximity (DOCS) Operating Expenses (2020 - 2025)

Doximity (DOCS) has disclosed Operating Expenses for 6 consecutive years, with $94.5 million as the latest value for Q4 2025.

  • On a quarterly basis, Operating Expenses rose 26.79% to $94.5 million in Q4 2025 year-over-year; TTM through Dec 2025 was $333.6 million, a 21.22% increase, with the full-year FY2025 number at $286.7 million, up 9.91% from a year prior.
  • Operating Expenses was $94.5 million for Q4 2025 at Doximity, up from $88.4 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $94.5 million in Q4 2025 to a low of $35.8 million in Q1 2021.
  • A 5-year average of $63.6 million and a median of $64.5 million in 2023 define the central range for Operating Expenses.
  • Peak YoY movement for Operating Expenses: surged 66.97% in 2021, then dropped 1.26% in 2024.
  • Doximity's Operating Expenses stood at $51.0 million in 2021, then increased by 24.02% to $63.3 million in 2022, then increased by 2.04% to $64.5 million in 2023, then increased by 15.42% to $74.5 million in 2024, then increased 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).