What is Doximity's tax on share settlement?

Doximity (DOCS) reported tax on share settlement of $7.48M in Q1 2026.

How has Doximity's tax on share settlement changed year-over-year?

Doximity's tax on share settlement decreased by 31.1% year-over-year, from $10.86M to $7.48M.

What is the long-term trend for Doximity's tax on share settlement?

Over 4 years (2022 to 2026), Doximity's tax on share settlement has grown at a 165.9% compound annual growth rate (CAGR), from $817K to $40.84M.

What does tax on share settlement mean?

Cash paid to tax authorities for employee share vesting, where the company withholds shares and pays the tax obligation in cash.

Doximity DOCS Tax on Share Settlement

Tax on Share Settlement at other companies

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$38.52M+90.4%

BrightSpring Health Services, Inc.BTSG

$5.71M+107%

CencoraCOR

$7.04M+95.7%

Amneal Pharmaceuticals, Inc.AMRX

$44.31M+105%

CVS HealthCVS

$9M-18.2%

NovantaNOVT

$6.98M+4.7%

Other financials

Income statement

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Revenue$145.4M+5.1%

Gross profit$126.0M+1.7%

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$3.75B-60.5%

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

Reported directly by Doximity in its filing.

Tagged under the XBRL concept us-gaap:PaymentsRelatedToTaxWithholdingForShareBasedCompensation.

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 tax on share settlement?: Doximity (DOCS) reported tax on share settlement of $7.48M in Q1 2026.
How has Doximity's tax on share settlement changed year-over-year?: Doximity's tax on share settlement decreased by 31.1% year-over-year, from $10.86M to $7.48M.
What is the long-term trend for Doximity's tax on share settlement?: Over 4 years (2022 to 2026), Doximity's tax on share settlement has grown at a 165.9% compound annual growth rate (CAGR), from $817K to $40.84M.
What does tax on share settlement mean?: Cash paid to tax authorities for employee share vesting, where the company withholds shares and pays the tax obligation in cash.