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Doximity DOCS Deferred Revenue

Deferred Revenue at other companies

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MicrosoftMSFT
$50.92B+14.1%
Veeva Systems logo
Veeva SystemsVEEV
$1.48B+18.5%
Solventum logo
SolventumSOLV
$613M+9.9%
Cognizant logo
CognizantCTSH
$37M+12.1%
IQVIA logo
IQVIAIQV
$2.26B+16.5%
Charles River Laboratories logo
Charles River LaboratoriesCRL
$194.33M-22.4%

Other financials

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

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Market cap$3.75B-60.5%

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×

Where this comes from

Reported directly by Doximity in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerLiabilityCurrent.

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

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Questions, answered.

What is Doximity's deferred revenue?
Doximity (DOCS) reported deferred revenue of $106.05M in Q1 2026.
How has Doximity's deferred revenue changed year-over-year?
Doximity's deferred revenue decreased by 7.2% year-over-year, from $114.29M to $106.05M.
What is the long-term trend for Doximity's deferred revenue?
Over 5 years (2021 to 2026), Doximity's deferred revenue has grown at a 5.0% compound annual growth rate (CAGR), from $83.27M to $106.05M.
What does deferred revenue mean?
Payments received from customers for goods or services to be delivered within one year — recognized as revenue as performance obligations are satisfied.