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Doximity DOCS Operating Lease ROU Assets

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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$4.88B-57.8%
Enterprise value$4.62B-59.7%
P/E29.2×-20.0×
P/S7.5×-12.2×

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:OperatingLeaseWeightedAverageDiscountRatePercent.

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 itemJune 30, 2026March 31, 2026
Weighted-average remaining lease term (in years)4.004.25
Weighted-average discount rate4.19%4.19%

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is Doximity's operating lease ROU assets?
Doximity (DOCS) reported operating lease ROU assets of 4.2% in Q2 2026.
How has Doximity's operating lease ROU assets changed year-over-year?
Doximity's operating lease ROU assets decreased by 0.0% year-over-year, from 4.2% to 4.2%.
What is the long-term trend for Doximity's operating lease ROU assets?
Over 5 years (2021 to 2026), Doximity's operating lease ROU assets has grown at a -96.8% compound annual growth rate (CAGR), from 133,900,000% to 4.2%.
What does operating lease ROU assets mean?
Right-of-use assets representing the lessee's right to use leased property over the lease term under ASC 842 operating lease classification.

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