Doximity (DOCS) Research & Development (2020 - 2026)
Doximity (DOCS) reported Research & Development of $39.1 million for Q1 2026, up 57.67% year-over-year from $24.8 million in Q1 2025, and up 13.04% quarter-over-quarter from $34.6 million in Q4 2025.
Doximity (DOCS) Research & Development (2020 - 2026) Analysis & Trends
Doximity (DOCS) has 7 years of Research & Development data on file, last reported at $39.1 million in Q1 2026.
- Research & Development for Q1 2026 came in at $39.1 million, up 57.67% year-over-year; the trailing twelve-month figure through Mar 2026 was $130.7 million (up 40.48% YoY), and the FY2026 annual result was $130.7 million, up 40.48% from the prior year.
- Research & Development climbed to $39.1 million in Q1 2026 per DOCS's latest filing, from $34.6 million in the prior quarter.
- Over five years, Research & Development peaked at $39.1 million in Q1 2026 and troughed at $17.4 million in Q1 2022.
- A 5-year average of $23.7 million and a median of $21.9 million in 2023 frame the typical range for Research & Development.
- The sharpest annual moves came in 2024 and 2026: Research & Development decreased 6.47% in 2024, then soared 57.67% in 2026.
- A 5-year view of Research & Development shows it stood at $20.5 million in 2022, then fell by 2.79% to $19.9 million in 2023, then rose by 12.41% to $22.4 million in 2024, then soared by 54.3% to $34.6 million in 2025, then grew by 13.04% to $39.1 million in 2026.
- Business Quant data shows DOCS's Research & Development at $39.1 million in Q1 2026, $34.6 million in Q4 2025, and $30.2 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 24.83 Bn | 17.52 Bn | 662.02 Mn | 208.32 Mn |
| 2 | BrightSpring Health Services | 13.57 Bn | 12.69 Bn | 482.22 Mn | - |
| 3 | Healthequity | 7.20 Bn | 6.93 Bn | 256.31 Mn | 67.77 Mn |
| 4 | Hinge Health | 5.42 Bn | 5.11 Bn | 154.23 Mn | 30.34 Mn |
| 5 | 10x Genomics | 4.46 Bn | 3.92 Bn | 106.18 Mn | 56.85 Mn |
| 6 | Doximity | 3.81 Bn | 3.06 Bn | 125.97 Mn | 39.11 Mn |
| 7 | Waystar Holding | 3.52 Bn | 3.36 Bn | 268.04 Mn | 18.37 Mn |
| 8 | Privia Health | 2.94 Bn | 2.57 Bn | 595.71 Mn | - |
| 9 | Omnicell | 1.76 Bn | 1.59 Bn | 140.36 Mn | 21.52 Mn |
| 10 | Teladoc Health | 1.45 Bn | 696.57 Mn | 562.57 Mn | 67.87 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 39.11 Mn |
| Dec 31, 2025 | 34.60 Mn |
| Sep 30, 2025 | 30.20 Mn |
| Jun 30, 2025 | 26.80 Mn |
| Mar 31, 2025 | 24.80 Mn |
| Dec 31, 2024 | 22.42 Mn |
| Sep 30, 2024 | 23.24 Mn |
| Jun 30, 2024 | 22.57 Mn |
| Mar 31, 2024 | 20.15 Mn |
| Dec 31, 2023 | 19.95 Mn |
| Sep 30, 2023 | 19.96 Mn |
| Jun 30, 2023 | 21.93 Mn |
| Mar 31, 2023 | 21.54 Mn |
| Dec 31, 2022 | 20.52 Mn |
| Sep 30, 2022 | 19.10 Mn |
| Jun 30, 2022 | 19.02 Mn |
| Mar 31, 2022 | 17.42 Mn |
| Dec 31, 2021 | 16.23 Mn |
| Sep 30, 2021 | 15.46 Mn |
| Jun 30, 2021 | 13.24 Mn |