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Doximity DOCS Accrued Expenses

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Other financials

Income statement

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Revenue$156.6M+7.3%
Gross profit$132.9M+2.2%
Operating income$33.6M-38.3%
Net income$24.3M-54.4%
EPS (diluted)$0.13-51.9%

Balance sheet

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Cash & equivalents$273.6M+99.3%
Total debt$9.7M-18.3%
Total equity$916.1M-10.7%
Total assets$1.1B-10.0%

Cash flow

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Operating cash flow$42.0M-32.4%
CapEx$62.0K
Free cash flow$41.9M-32.5%

Valuation

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Market cap$4.88B-57.8%
Enterprise value$4.62B-59.7%
P/E29.2×-20.0×
P/S7.5×-12.2×

Profitability

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Gross margin88.1%-2.1pp
Operating margin29.6%-10.5pp
Net margin25.5%-14.4pp
FCF margin49.9%+15.8pp

Returns & leverage

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Return on equity17.2%-7.0pp
Debt / equity0.0×
Current ratio6.1×-0.4×

Where this comes from

Reported directly by Doximity in its filing.

Tagged under the XBRL concept us-gaap:EmployeeRelatedLiabilitiesCurrent.

The source filing: Doximity’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 4:12 PM EDT
Fiscal quarter
Q1 FY2027
Calendar quarter
Q2 2026
Accession
0001516513-26-000040
Line itemJune 30, 2026March 31, 2026
Accrued commissions$5,785$6,703
Accrued payroll, bonus, and related expenses8,1898,780
Employee contributions under employee stock purchase plan1,186411
Rebate and incentive liabilities3,5086,055
Sales and other tax liabilities4,7264,224
Income taxes payable4,6091,787
Current portion of contingent earn-out consideration liability5,910
Other4,6638,934

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is Doximity's accrued expenses?
Doximity (DOCS) reported accrued expenses of $8.19M in Q2 2026.
How has Doximity's accrued expenses changed year-over-year?
Doximity's accrued expenses decreased by 2.1% year-over-year, from $8.37M to $8.19M.
What is the long-term trend for Doximity's accrued expenses?
Over 5 years (2021 to 2026), Doximity's accrued expenses has grown at a -11.6% compound annual growth rate (CAGR), from $16.29M to $8.78M.
What does accrued expenses mean?
Expenses incurred but not yet paid or invoiced — interest accruals, tax accruals, warranty reserves, and other timing differences.

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