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Doximity DOCS Subscription — Revenue

Other product segments

Other
$9.68M+51.6%

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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$3.77B-65.4%
Enterprise value$3.5B-67.5%
P/E22.6×-23.8×
P/S5.8×-12.7×

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:RevenueFromContractWithCustomerExcludingAssessedTax.

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 itemThree Months Ended June 30, 20262025
Subscription$146,300$137,876
Other10,3188,037
Total revenue$156,618$145,913

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is Doximity's subscription — revenue?
Doximity (DOCS) reported subscription — revenue of $146.3M in Q2 2026.
How has Doximity's subscription — revenue changed year-over-year?
Doximity's subscription — revenue increased by 6.1% year-over-year, from $137.88M to $146.3M.
What is the long-term trend for Doximity's subscription — revenue?
Over 4 years (2022 to 2026), Doximity's subscription — revenue has grown at a 17.5% compound annual growth rate (CAGR), from $319.3M to $608.41M.
What does subscription — revenue mean?
This metric represents the total revenue generated from recurring service agreements provided to medical professionals and healthcare organizations through a digital platform. It reflects the company's ability to monetize its core software-as-a-service offerings, including collaboration tools, telehealth solutions, and professional career management services. Growth in this segment indicates successful customer retention and the expansion of the platform's utility within the healthcare ecosystem.

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