Doximity, Inc.

DOCS Healthcare Health Information Services

Doximity, Inc.’s revenue for fiscal 2026 (year ended March 2026) was $644.9 million, up 13.1% from fiscal 2025.

Revenue
+3.57%
EPS
−42.4%
Free cash flow
+1.87%

Quarter to September 2026, against a year earlier

32.10 1.08 −3.25%
Market cap
$5.9B
P/E
44.4×
Fwd P/E
49.7×
Dividend yield
—
F-score
5/9
Altman Z
17.11
Beneish M
−2.93
Dividend safety
n/a

Doximity, Inc. (DOCS) Gross margin

Alert me on Gross margin

Doximity, Inc.'s gross margin over the twelve months to 30 September 2026 was 86.8%, down 2.3 percentage points from fiscal 2026 (89.1%). Over the past ten years it has ranged from 84.9% (fiscal 2021) to 90.2% (fiscal 2025); the current reading is higher than 75% of that period. That is above the Health Information Services industry median of 59.6% and above the Healthcare sector median of 53.9%.

Gross margin, annual

Embed this chart

Annual newest first

Period Gross margin Change (points)
FY2026 89.1% (1.11)
FY2025 90.2% 0.86
FY2024 89.3% 2.10
FY2023 87.2% (1.18)
FY2022 88.4% 3.50
FY2021 84.9% (2.28)
FY2020 87.2% (0.09)
FY2019 87.3% —

Quarterly newest first

Period Gross margin Change (points)
Sep 2026 85.5% 0.61
Jun 2026 84.9% (1.78)
Mar 2026 86.7% (3.24)
Dec 2025 89.9% (0.36)
23 more quarters

Against its own ten years

Low 84.9% High 90.2%
Ten-year median 87.9%
Current reading's percentile 13

Gross margin against peers

Company Gross margin
DOCS Doximity, Inc. 86.8%
HNGE Hinge Health Inc. compare 84.5%
HTFL Heartflow, Inc. compare 80.1%
HQY HealthEquity, Inc. compare 71.3%
WAY Waystar Holding Corp. compare 69.4%
TEM Tempus AI, Inc. compare 64.5%
SDGR Schrodinger, Inc. compare 58.5%
BTSG BrightSpring Health Services, Inc. compare 12.5%
PRVA Privia Health Group, Inc. compare 0.00%
Health Information Services industry median 59.6%
Healthcare sector median 53.9%
Market median 45.1%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

More on DOCS