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Doximity DOCS Operating Income

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Other financials

Income statement

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Revenue$156.6M+7.3%
Gross profit$132.9M+2.2%
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:OperatingIncomeLoss.

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
Sales and marketing45,04936,365
General and administrative15,75612,439
Total operating expenses99,28275,603
Income from operations33,64454,517
Other income, net6,7199,630
Income before income taxes40,36364,147
Provision for income taxes16,04810,827
Net income$24,315$53,320

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is Doximity's operating income?
Doximity (DOCS) reported operating income of $33.64M in Q2 2026.
How has Doximity's operating income changed year-over-year?
Doximity's operating income decreased by 38.3% year-over-year, from $54.52M to $33.64M.
What is the long-term trend for Doximity's operating income?
Over 4 years (2022 to 2026), Doximity's operating income has grown at a 17.3% compound annual growth rate (CAGR), from $113.54M to $214.92M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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