Doximity (DOCS) Operating Expenses (2020 - 2026)

Doximity's (DOCS) quarterly Operating Expenses came in at $101.1 million in Q1 2026, up 34.6% year-on-year from $75.1 million in Q1 2025, and up 7.08% on a QoQ basis from $94.5 million in Q4 2025.

Doximity (DOCS) Operating Expenses (2020 - 2026) Analysis & Trends

Doximity (DOCS) has 7 years of Operating Expenses data on file, last reported at $101.1 million in Q1 2026.

  • On a quarterly basis, Operating Expenses rose 34.6% year-over-year to $101.1 million in Q1 2026; TTM through Mar 2026 was $359.6 million, a 25.42% increase from a year earlier, with the FY2026 full-year figure at $359.6 million, up 25.42% from the prior year.
  • Operating Expenses for Q1 2026 stood at $101.1 million, up from $94.5 million in the prior quarter.
  • Over the last five years, Operating Expenses for DOCS reached as high as $101.1 million in Q1 2026 and fell as low as $54.0 million in Q1 2022.
  • Historically, Operating Expenses has averaged $70.7 million across 5 years, with a median of $67.1 million in 2023.
  • Across the five-year window, Operating Expenses soared 50.55% in 2022 and declined 1.26% in 2024, its largest moves.
  • Year by year, Operating Expenses stood at $63.3 million in 2022, then grew by 2.04% to $64.5 million in 2023, then gained by 15.42% to $74.5 million in 2024, then gained by 26.79% to $94.5 million in 2025, then gained by 7.08% to $101.1 million in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $101.1 million in Q1 2026, $94.5 million in Q4 2025, and $88.4 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Veeva Systems 29.34 Bn 22.03 Bn 662.02 Mn 388.91 Mn
2 BrightSpring Health Services 13.49 Bn 12.59 Bn 482.22 Mn 360.77 Mn
3 Healthequity 7.96 Bn 7.70 Bn 256.31 Mn 153.36 Mn
4 10x Genomics 6.17 Bn 5.63 Bn 106.18 Mn 123.22 Mn
5 Hinge Health 6.02 Bn 5.70 Bn 154.23 Mn 122.16 Mn
6 MiniMed 4.19 Bn 3.89 Bn 480.00 Mn 398.00 Mn
7 Waystar Holding 4.14 Bn 4.07 Bn 216.84 Mn 233.41 Mn
8 Doximity 3.82 Bn 3.08 Bn 125.97 Mn 101.14 Mn
9 Privia Health 3.10 Bn 2.73 Bn - 596.43 Mn
10 Omnicell 1.81 Bn 1.57 Bn 140.36 Mn 123.51 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 101.14 Mn
Dec 31, 2025 94.46 Mn
Sep 30, 2025 88.42 Mn
Jun 30, 2025 75.60 Mn
Mar 31, 2025 75.14 Mn
Dec 31, 2024 74.50 Mn
Sep 30, 2024 70.01 Mn
Jun 30, 2024 67.07 Mn
Mar 31, 2024 63.64 Mn
Dec 31, 2023 64.54 Mn
Sep 30, 2023 67.06 Mn
Jun 30, 2023 65.63 Mn
Mar 31, 2023 64.45 Mn
Dec 31, 2022 63.25 Mn
Sep 30, 2022 56.87 Mn
Jun 30, 2022 55.88 Mn
Mar 31, 2022 53.97 Mn
Dec 31, 2021 51.00 Mn
Sep 30, 2021 45.45 Mn
Jun 30, 2021 39.81 Mn