Growth Metrics

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% on a QoQ basis from $34.6 million in Q4 2025.

Doximity (DOCS) has 7 years of Research & Development data on file, last reported at $39.1 million in Q1 2026.

  • Quarterly Research & Development rose 57.67% year-over-year to $39.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $130.7 million (up 40.48% YoY) and the FY2026 annual result came in at $130.7 million, up 40.48% from the prior year.
  • Research & Development improved to $39.1 million in Q1 2026 per DOCS's latest filing, from $34.6 million in the prior quarter.
  • Across five years, Research & Development topped out at $39.1 million in Q1 2026 and bottomed at $17.4 million in Q1 2022.
  • The 5-year median for Research & Development is $21.9 million (2023), against an average of $23.7 million.
  • The widest annual swing landed in 2024, when Research & Development fell 6.47%; it then jumped 57.67% in 2026.
  • Tracing DOCS's Research & Development over 5 years: stood at $20.5 million in 2022, then dropped by 2.79% to $19.9 million in 2023, then grew by 12.41% to $22.4 million in 2024, then jumped by 54.3% to $34.6 million in 2025, then advanced by 13.04% to $39.1 million in 2026.
  • Per Business Quant, the three latest DOCS Research & Development figures stand at $39.1 million (Q1 2026), $34.6 million (Q4 2025), and $30.2 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Veeva Systems 30.85 Bn 24.28 Bn 622.47 Mn 198.79 Mn
2 BrightSpring Health Services 12.29 Bn 11.41 Bn 482.22 Mn -
3 Healthequity 7.80 Bn 7.48 Bn 256.31 Mn 67.77 Mn
4 Hinge Health 4.82 Bn 4.51 Bn 154.23 Mn 30.34 Mn
5 Doximity 4.21 Bn 3.46 Bn 125.97 Mn 39.11 Mn
6 Waystar Holding 4.18 Bn 4.03 Bn 268.04 Mn 18.37 Mn
7 10x Genomics 3.78 Bn 3.24 Bn 106.18 Mn 56.85 Mn
8 Privia Health 2.65 Bn 2.28 Bn 595.71 Mn -
9 Omnicell 1.95 Bn 1.78 Bn 140.36 Mn 21.52 Mn
10 Teladoc Health 1.42 Bn 672.39 Mn 562.57 Mn 67.87 Mn

Historic Data

Download Data 🔒
DateValue
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
Mar 31, 2021 12.56 Mn
Dec 31, 2020 11.41 Mn
Sep 30, 2020 9.87 Mn
Jun 30, 2020 10.04 Mn