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Doximity

DOCS

Doximity is the leading digital platform for medical professionals in the United States, serving as a professional network and clinical productivity hub.

Market cap
$4.03B-64.3%
Revenue$644.9M+13.1%
Net income$196.1M-12.2%
Free cash flow$326.5M+19.5%
EPS (diluted)$0.99-10.8%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 6, 2026 (In 3 weeks)
Revenue estimate$151.7M
EPS estimate$0.29

Financials

Q4 2026

Income statement

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Revenue$145.4M+5.1%
Gross profit$126.0M+1.7%
Operating income$24.8M-49.0%
Net income$19.1M-69.4%
EPS (diluted)$0.10-67.7%

Balance sheet

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Cash & equivalents$219.2M+4.6%
Total debt$10.2M-17.8%
Total equity$950.8M-12.2%
Total assets$1.1B-11.1%

Cash flow

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Operating cash flow$109.5M+11.2%
CapEx-
Free cash flow$81.6M-17.1%

Valuation & ratios

Valuation

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Market cap$4.03B-64.3%
Enterprise value$3.82B-66.2%
P/E20.5×-28.1×
P/S6.2×-13.1×

Profitability

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Gross margin89.1%-1.1pp
Operating margin33.3%-6.6pp
Net margin30.4%-8.7pp
FCF margin50.6%+2.7pp

Returns & leverage

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Return on equity19.3%-3.2pp
Debt / equity0.0×
Current ratio6.1×-0.9×

Segments

By product

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Subscription$135.7M+2.9%
Other$9.7M+51.6%

Competitors

Profile

Doximity is the leading digital platform for medical professionals in the United States, serving as a professional network and clinical productivity hub. The company provides AI-powered tools for collaboration, medical research, career management, and virtual patient care. Its value proposition centers on a physician-first design that streamlines clinical workflows while offering pharmaceutical companies and health systems targeted access to a verified medical audience.

Competitive position

Doximity maintains a dominant market position with over 85% of U.S. physicians as registered members, creating a powerful network effect and a proprietary data moat.

GeographiesUnited States
Customer segmentsPharmaceutical Companies, Health Systems, Medical Professionals, Recruiting Agencies
Business modelSubscription SaaS, B2B Advertising, Professional Network, Tech-enabled Staffing
SuppliersCloud Infrastructure Providers, NPI Registry Data, Medical Research Publishers, AI Model Developers
CustomersPharmaceutical Marketing Departments, Hospital HR and Recruitment Teams, Medical Practice Administrators
Listed2021
Employees827.0
CEOJeffrey A. Tangney
FilingsSEC EDGAR

Questions, answered.

What is Doximity's market cap?
Doximity (DOCS) has a market capitalization of $4.0B and trades on NYSE.
What is Doximity's revenue and profitability?
Doximity generated $644.9M in trailing twelve-month revenue with net income of $196.1M, representing a net margin of 30.4%. Gross margin stands at 89.1%, with free cash flow of $326.5M. These figures are based on the Q1 2026 filing.
Who are Doximity's competitors?
Doximity's key competitors include AMN Healthcare, Veeva Systems, LinkedIn, and others. These companies compete in similar markets and product categories.
What subsidiaries does Doximity have?
Doximity's subsidiaries include Curative Talent.
Where is Doximity headquartered?
Doximity is headquartered in United States of America and employs approximately 827 people. It has been publicly traded since 2021.