Doximity (DOCS) Operating Expenses (2020 - 2026)

Doximity (DOCS) reported Operating Expenses of $101.1 million for Q1 2026, up 34.6% year-over-year from $75.1 million in Q1 2025, and up 7.08% quarter-over-quarter 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.

  • Operating Expenses for Q1 2026 came in at $101.1 million, up 34.6% year-over-year; the trailing twelve-month figure through Mar 2026 was $359.6 million (up 25.42% YoY), and the FY2026 annual result was $359.6 million, up 25.42% from the prior year.
  • Operating Expenses rose to $101.1 million in Q1 2026 per DOCS's latest filing, from $94.5 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 $70.7 million and a median of $67.1 million in 2023 frame the typical range for Operating Expenses.
  • The sharpest annual moves came in 2022 and 2024: Operating Expenses surged 50.55% in 2022, then retreated 1.26% in 2024.
  • A 5-year view of Operating Expenses shows it stood at $63.3 million in 2022, then gained 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, then grew by 7.08% to $101.1 million in 2026.
  • Business Quant data shows DOCS's Operating Expenses at $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 24.83 Bn 17.52 Bn 662.02 Mn 388.91 Mn
2 BrightSpring Health Services 13.57 Bn 12.69 Bn 482.22 Mn 360.77 Mn
3 Healthequity 7.20 Bn 6.93 Bn 256.31 Mn 153.36 Mn
4 Hinge Health 5.42 Bn 5.11 Bn 154.23 Mn 122.16 Mn
5 10x Genomics 4.46 Bn 3.92 Bn 106.18 Mn 123.22 Mn
6 Doximity 3.81 Bn 3.06 Bn 125.97 Mn 101.14 Mn
7 Waystar Holding 3.52 Bn 3.36 Bn 268.04 Mn 233.41 Mn
8 Privia Health 2.94 Bn 2.57 Bn 595.71 Mn 596.43 Mn
9 Omnicell 1.76 Bn 1.59 Bn 140.36 Mn 123.51 Mn
10 Teladoc Health 1.45 Bn 696.57 Mn 562.57 Mn 675.61 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