What is Doximity's deferred taxes?

Doximity (DOCS) reported deferred taxes of $32.14M in Q1 2026.

How has Doximity's deferred taxes changed year-over-year?

Doximity's deferred taxes increased by 333.1% year-over-year, from -$13.79M to $32.14M.

What is the long-term trend for Doximity's deferred taxes?

Over 2 years (2022 to 2024), Doximity's deferred taxes has grown at a -54.4% compound annual growth rate (CAGR), from -$41.25M to -$8.59M.

What does deferred taxes mean?

Non-cash deferred tax expense or benefit representing the change in deferred tax assets/liabilities during the period.

Doximity DOCS Deferred Taxes

Deferred Taxes at other companies

MicrosoftMSFT

$2.6B+216%

Veeva SystemsVEEV

$14.34M+152%

SolventumSOLV

-$41M+71.5%

CorvelCRVL

$5.83M+243%

Cardinal HealthCAH

$60.75M+334%

CencoraCOR

$178.41M+581%

Other financials

Income statement

See full

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

See full

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

See full

Operating cash flow$109.5M+11.2%

CapEx-—

Free cash flow$81.6M-17.1%

Valuation

See full

Market cap$3.75B-60.5%

Profitability

See full

Gross margin89.1%-1.1pp

Operating margin33.3%-6.6pp

Net margin30.4%-8.7pp

FCF margin50.6%+2.7pp

Returns & leverage

See full

Return on equity19.3%-3.2pp

Debt / equity0×0.0×

Current ratio6.1×-0.9×

Where this comes from

Reported directly by Doximity in its filing.

Tagged under the XBRL concept us-gaap:DeferredIncomeTaxExpenseBenefit.

The official record: Doximity’s 10-K, filed May 19, 2026, on SEC EDGAR. View the filing →

Ask your AI about Doximity's deferred taxes.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Doximity's deferred taxes?: Doximity (DOCS) reported deferred taxes of $32.14M in Q1 2026.
How has Doximity's deferred taxes changed year-over-year?: Doximity's deferred taxes increased by 333.1% year-over-year, from -$13.79M to $32.14M.
What is the long-term trend for Doximity's deferred taxes?: Over 2 years (2022 to 2024), Doximity's deferred taxes has grown at a -54.4% compound annual growth rate (CAGR), from -$41.25M to -$8.59M.
What does deferred taxes mean?: Non-cash deferred tax expense or benefit representing the change in deferred tax assets/liabilities during the period.