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% on a QoQ basis from $94.5 million in Q4 2025.
Doximity (DOCS) has 7 years of Operating Expenses data on file, last reported at $101.1 million in Q1 2026.
- Quarterly Operating Expenses rose 34.6% year-over-year to $101.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $359.6 million (up 25.42% YoY) and the FY2026 annual result came in at $359.6 million, up 25.42% from the prior year.
- Operating Expenses grew to $101.1 million in Q1 2026 per DOCS's latest filing, from $94.5 million in the prior quarter.
- Across five years, Operating Expenses topped out at $101.1 million in Q1 2026 and bottomed at $54.0 million in Q1 2022.
- The 5-year median for Operating Expenses is $67.1 million (2023), against an average of $70.7 million.
- The widest annual swing landed in 2022, when Operating Expenses soared 50.55%; it then declined 1.26% in 2024.
- Tracing DOCS's Operating Expenses over 5 years: stood at $63.3 million in 2022, then increased by 2.04% to $64.5 million in 2023, then advanced by 15.42% to $74.5 million in 2024, then advanced by 26.79% to $94.5 million in 2025, then advanced by 7.08% to $101.1 million in 2026.
- Per Business Quant, the three latest DOCS Operating Expenses figures stand at $101.1 million (Q1 2026), $94.5 million (Q4 2025), and $88.4 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 30.85 Bn | 24.28 Bn | 622.47 Mn | 376.60 Mn |
| 2 | BrightSpring Health Services | 12.29 Bn | 11.41 Bn | 482.22 Mn | 360.77 Mn |
| 3 | Healthequity | 7.80 Bn | 7.48 Bn | 256.31 Mn | 153.36 Mn |
| 4 | Hinge Health | 4.82 Bn | 4.51 Bn | 154.23 Mn | 122.16 Mn |
| 5 | Doximity | 4.21 Bn | 3.46 Bn | 125.97 Mn | 101.14 Mn |
| 6 | Waystar Holding | 4.18 Bn | 4.03 Bn | 268.04 Mn | 233.41 Mn |
| 7 | 10x Genomics | 3.78 Bn | 3.24 Bn | 106.18 Mn | 123.22 Mn |
| 8 | Privia Health | 2.65 Bn | 2.28 Bn | 595.71 Mn | 596.43 Mn |
| 9 | Omnicell | 1.95 Bn | 1.78 Bn | 140.36 Mn | 123.51 Mn |
| 10 | Teladoc Health | 1.42 Bn | 672.39 Mn | 562.57 Mn | 675.61 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Mar 31, 2021 | 35.85 Mn |
| Dec 31, 2020 | 32.90 Mn |
| Sep 30, 2020 | 27.22 Mn |
| Jun 30, 2020 | 26.43 Mn |