What are Doximity's profit margins?

Doximity (DOCS) runs a 89.1% gross margin and a 33.3% operating margin, with a 30.4% net margin.

Where do Doximity's ratios come from?

Every ratio is computed from Doximity's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

Doximity DOCS Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	Q4 '26	Q3 '26	Q2 '26	Q1 '26	Q4 '25
Profitability
Gross margin	89.1%-0.7pp	89.7%-0.5pp	90.2%+0.1pp	90.1%-0.1pp	90.2%0.0pp
Operating margin	33.3%-4.1pp	37.4%-2.3pp	39.7%-0.3pp	40.1%+0.1pp	39.9%-0.2pp
Net margin	30.4%-7.1pp	37.5%-3.2pp	40.7%+0.8pp	39.9%+0.7pp	39.1%+2.5pp
EBITDA margin	35.6%-3.9pp	39.5%-2.1pp	41.6%-0.3pp	41.9%+0.1pp	41.8%-0.2pp
Free cash flow margin	50.6%-3.2pp	53.8%+1.2pp	52.6%-0.6pp	53.2%+5.3pp	47.9%+4.5pp
Returns
Return on equity	19.3%-4.5pp	23.8%-0.8pp	24.6%+0.4pp	24.3%+1.8pp	22.5%+1.3pp
Return on assets	16.4%-4.1pp	20.6%-0.7pp	21.3%+0.7pp	20.6%+1.6pp	19%+0.5pp
Return on invested capital	20.7%-5.8pp	26.5%-2.1pp	28.6%+1.0pp	27.5%+0.8pp	26.7%+5.2pp
Efficiency
Asset turnover	0.5×0.0×	0.5×0.0×	0.5×0.0×	0.5×0.0×	0.5×0.0×
Liquidity
Current ratio	6.1×-0.5×	6.6×-1.2×	7.8×+1.3×	6.5×-0.5×	7×-1.8×
Quick ratio	6.1×-0.5×	6.6×-1.2×	7.8×+1.3×	6.5×-0.5×	7×-1.8×
Cash ratio	1.4×+1.0×	0.4×-0.8×	1.2×+0.3×	0.9×-0.5×	1.3×-0.1×
Leverage
Debt-to-equity	0×0.0×	0×0.0×	0×0.0×	0×0.0×	0×0.0×
Debt-to-assets	0×0.0×	0×0.0×	0×0.0×	0×0.0×	0×0.0×
Net debt / EBITDA	-0.9×-0.7×	-0.2×+0.4×	-0.6×-0.1×	-0.5×+0.3×	-0.8×-0.2×
Per Share
Book value per share	$4.78-2.8%	$4.92-9.9%	$5.46+7.0%	$5.10-5.2%	$5.38+5.5%
Valuation
Market capitalization	$4.3B-48.4%	$8.34B-39.2%	$13.7B+24.4%	$11.01B+1.2%	$10.89B+9.2%
Enterprise value	$4.09B-50.6%	$8.28B-38.8%	$13.54B+24.4%	$10.89B+1.8%	$10.69B+8.9%
Price / earnings	22×-12.9×	34.8×-19.3×	54.1×+7.3×	46.8×-1.9×	48.8×-0.7×
Price / sales	6.7×-6.4×	13.1×-9.0×	22.1×+3.4×	18.7×-0.4×	19.1×+1.0×
Price / book	4.5×-4.0×	8.5×-4.0×	12.5×+1.8×	10.7×+0.7×	10.1×+0.4×
EV / EBITDA	17.9×-15.0×	32.9×-19.5×	52.4×+8.3×	44.1×-0.8×	44.8×+2.4×
EV / sales	6.3×-6.6×	13×-8.8×	21.8×+3.3×	18.5×-0.3×	18.7×+0.9×
Free cash flow yield	7.6%+3.5pp	4.1%+1.7pp	2.4%-0.5pp	2.8%+0.3pp	2.5%+0.1pp
Earnings yield	4.6%+1.7pp	2.9%+1.0pp	1.8%-0.3pp	2.1%+0.1pp	2%0.0pp

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Questions, answered.

What are Doximity's profit margins?: Doximity (DOCS) runs a 89.1% gross margin and a 33.3% operating margin, with a 30.4% net margin.
Where do Doximity's ratios come from?: Every ratio is computed from Doximity's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.