What is Doximity's gross profit?

Doximity (DOCS) reported gross profit of $125.97M in Q1 2026.

How has Doximity's gross profit changed year-over-year?

Doximity's gross profit increased by 1.7% year-over-year, from $123.82M to $125.97M.

What is the long-term trend for Doximity's gross profit?

Over 4 years (2022 to 2026), Doximity's gross profit has grown at a 17.3% compound annual growth rate (CAGR), from $303.76M to $574.54M.

What does gross profit mean?

Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.

Doximity DOCS Gross Profit

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Other financials

Income statement

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Revenue$145.4M+5.1%

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$3.74B-60.5%

Enterprise value$3.53B-61.7%

P/E19.1×-23.3×

P/S5.8×-10.8×

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 / equity0×0.0×

Current ratio6.1×-0.9×

Where this comes from

Calculated from Doximity’s reported figures.

$145.4Mtotal revenue−$19.4Mtotal cost of revenue=$125.97M

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 gross profit?: Doximity (DOCS) reported gross profit of $125.97M in Q1 2026.
How has Doximity's gross profit changed year-over-year?: Doximity's gross profit increased by 1.7% year-over-year, from $123.82M to $125.97M.
What is the long-term trend for Doximity's gross profit?: Over 4 years (2022 to 2026), Doximity's gross profit has grown at a 17.3% compound annual growth rate (CAGR), from $303.76M to $574.54M.
What does gross profit mean?: Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.