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Doximity DOCS Share Buybacks

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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:PaymentsForRepurchaseOfCommonStock.

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, 2026Three Months Ended June 30, 2025
Cash flows from financing activities
Proceeds from issuance of common stock upon exercise of stock options and common stock warrants3,0802,398
Taxes paid related to net share settlement of equity awards(6,974)(11,927)
Repurchase of common stock(91,633)(122,355)
Payment of contingent consideration related to a business combination(5,024)(5,249)
Net cash used in financing activities(100,551)(137,133)
Net increase (decrease) in cash and cash equivalents54,426(72,353)
Cash and cash equivalents, beginning of period219,178209,614

Item 1. Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is Doximity's share buybacks?
Doximity (DOCS) reported share buybacks of $91.63M in Q2 2026.
How has Doximity's share buybacks changed year-over-year?
Doximity's share buybacks decreased by 25.1% year-over-year, from $122.36M to $91.63M.
What is the long-term trend for Doximity's share buybacks?
Over 3 years (2023 to 2026), Doximity's share buybacks has grown at a 71.7% compound annual growth rate (CAGR), from $85.32M to $431.65M.
What does share buybacks mean?
Cash used to buy back the company's own shares on the open market or through structured programs, reducing shares outstanding.

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