Doximity (DOCS) Operating Expenses (2020 - 2026)
Doximity's (DOCS) quarterly Operating Expenses came in at $99.3 million in Q2 2026, up 31.32% year-over-year from $75.6 million in Q2 2025, and down 1.84% quarter-over-quarter from $101.1 million in Q1 2026.
Analysis
Doximity (DOCS) Operating Expenses (2020 - 2026) Analysis & Trends
Doximity (DOCS) has reported Operating Expenses for 7 consecutive years, with $99.3 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Expenses rose 31.32% year-over-year to $99.3 million in Q2 2026; TTM through Jun 2026 was $383.3 million, a 29.82% increase from a year earlier, with the FY2026 full-year figure at $359.6 million, up 25.42% from the prior year.
- Operating Expenses was $99.3 million for Q2 2026 at Doximity, down from $101.1 million in the prior quarter.
- Over five years, Operating Expenses peaked at $101.1 million in Q1 2026 and troughed at $54.0 million in Q1 2022.
- A 5-year average of $72.3 million and a median of $67.1 million in 2023 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses jumped 50.55% in 2022 and fell 1.26% in 2024, its largest moves.
- Over 5 years, Operating Expenses stood at $63.3 million in 2022, then rose by 2.04% to $64.5 million in 2023, then climbed by 15.42% to $74.5 million in 2024, then climbed by 26.79% to $94.5 million in 2025, then grew by 5.11% to $99.3 million in 2026.
- The last three Operating Expenses figures came in at $99.3 million (Q2 2026), $101.1 million (Q1 2026), and $94.5 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 44.53 Bn | 37.29 Bn | 695.95 Mn | 420.93 Mn |
| 2 | Waystar Holding | 4.81 Bn | 4.62 Bn | 221.99 Mn | 243.63 Mn |
| 3 | Doximity | 4.74 Bn | 4.05 Bn | 132.93 Mn | 99.28 Mn |
| 4 | CCC Intelligent Solutions Holdings | 4.41 Bn | 4.30 Bn | 210.64 Mn | 163.00 Mn |
| 5 | EverCommerce | 1.40 Bn | 1.27 Bn | 119.50 Mn | 134.54 Mn |
| 6 | Schrodinger | 1.32 Bn | 904.47 Mn | 32.43 Mn | 73.98 Mn |
| 7 | Certara | 1.21 Bn | 1.03 Bn | 58.15 Mn | 58.35 Mn |
| 8 | GoodRx Holdings | 1.18 Bn | 887.53 Mn | 179.41 Mn | 176.78 Mn |
| 9 | Healthstream | 853.81 Mn | 787.08 Mn | 54.72 Mn | 75.41 Mn |
| 10 | Phreesia | 677.81 Mn | 677.81 Mn | 110.19 Mn | 121.85 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 99.28 Mn |
| 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 |