Doximity DOCS
NYSE DOCS
$26.34 -0.76 (-2.80%)
At close: Sep 4, 2026 · 4:00 PM EDT

Doximity (DOCS) Research & Development (2020 - 2026)

Doximity's (DOCS) quarterly Research & Development came in at $45.0 million in Q2 2026, up 23.88% year-over-year from $36.4 million in Q2 2025, and down 1.88% quarter-over-quarter from $45.9 million in Q1 2026.

Analysis

Doximity (DOCS) Research & Development (2020 - 2026) Analysis & Trends

Doximity (DOCS) has reported Research & Development for 7 consecutive years, with $45.0 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Research & Development rose 23.88% year-over-year to $45.0 million in Q2 2026; TTM through Jun 2026 was $172.3 million, a 17.37% increase from a year earlier, with the FY2026 full-year figure at $163.6 million, up 12.31% from the prior year.
  • Research & Development was $45.0 million for Q2 2026 at Doximity, down from $45.9 million in the prior quarter.
  • Over five years, Research & Development peaked at $45.9 million in Q1 2026 and troughed at $25.9 million in Q1 2022.
  • A 5-year average of $35.4 million and a median of $34.7 million in 2023 frame the typical range for Research & Development.
  • Across the five-year window, Research & Development surged 47.27% in 2022 and increased 1.11% in 2024, its largest moves.
  • Over 5 years, Research & Development stood at $33.2 million in 2022, then increased by 5.23% to $35.0 million in 2023, then gained by 10.11% to $38.5 million in 2024, then increased by 9.65% to $42.2 million in 2025, then rose by 6.74% to $45.0 million in 2026.
  • The last three Research & Development figures came in at $45.0 million (Q2 2026), $45.9 million (Q1 2026), and $42.2 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Veeva Systems 44.53 Bn 37.29 Bn 695.95 Mn 222.92 Mn
2 Waystar Holding 4.81 Bn 4.62 Bn 221.99 Mn 50.38 Mn
3 Doximity 4.74 Bn 4.05 Bn 132.93 Mn 45.05 Mn
4 CCC Intelligent Solutions Holdings 4.41 Bn 4.30 Bn 210.64 Mn 52.99 Mn
5 EverCommerce 1.40 Bn 1.27 Bn 119.50 Mn 33.72 Mn
6 Schrodinger 1.32 Bn 904.47 Mn 32.43 Mn 41.00 Mn
7 Certara 1.21 Bn 1.03 Bn 58.15 Mn 14.98 Mn
8 GoodRx Holdings 1.18 Bn 887.53 Mn 179.41 Mn 81.99 Mn
9 Healthstream 853.81 Mn 787.08 Mn 54.72 Mn 13.58 Mn
10 Phreesia 677.81 Mn 677.81 Mn 110.19 Mn 27.57 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 45.05 Mn
Mar 31, 2026 45.91 Mn
Dec 31, 2025 42.21 Mn
Sep 30, 2025 39.17 Mn
Jun 30, 2025 36.37 Mn
Mar 31, 2025 37.61 Mn
Dec 31, 2024 38.49 Mn
Sep 30, 2024 34.37 Mn
Jun 30, 2024 35.24 Mn
Mar 31, 2024 33.52 Mn
Dec 31, 2023 34.96 Mn
Sep 30, 2023 30.20 Mn
Jun 30, 2023 34.46 Mn
Mar 31, 2023 33.15 Mn
Dec 31, 2022 33.22 Mn
Sep 30, 2022 29.02 Mn
Jun 30, 2022 28.13 Mn
Mar 31, 2022 25.90 Mn
Dec 31, 2021 25.70 Mn
Sep 30, 2021 21.16 Mn