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) Net margin

Alert me on Net margin

Doximity, Inc.'s net margin over the twelve months to 30 September 2026 was 21.1%, down 9.3 percentage points from fiscal 2026 (30.4%). Over the past ten years it has ranged from 0.69% (fiscal 2019) to 39.1% (fiscal 2025); the current reading is higher than 63% of that period. That is above the Health Information Services industry median of −16.1% and above the Healthcare sector median of 0.00%.

Net margin, annual

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Annual newest first

Period Net margin Change (points)
FY2026 30.4% (8.73)
FY2025 39.1% 8.09
FY2024 31.0% 4.12
FY2023 26.9% (11.87)
FY2022 38.8% 28.37
FY2021 10.4% 1.12
FY2020 9.30% 8.61
FY2019 0.69% —

Quarterly newest first

Period Net margin Change (points)
Sep 2026 19.9% 4.37
Jun 2026 15.5% 2.38
Mar 2026 13.2% (20.12)
Dec 2025 33.3% (3.55)
23 more quarters

Against its own ten years

Low 0.69% High 39.1%
Ten-year median 28.7%
Current reading's percentile 17

Net margin against peers

Company Net margin
DOCS Doximity, Inc. 21.1%
HQY HealthEquity, Inc. compare 17.4%
HNGE Hinge Health Inc. compare 14.9%
WAY Waystar Holding Corp. compare 10.7%
BTSG BrightSpring Health Services, Inc. compare 2.69%
PRVA Privia Health Group, Inc. compare 1.43%
TEM Tempus AI, Inc. compare −12.5%
SDGR Schrodinger, Inc. compare −22.0%
HTFL Heartflow, Inc. compare −55.8%
Health Information Services industry median −16.1%
Healthcare sector median 0.00%
Market median 1.06%

What Net margin is

Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.

Net Income Allotted to Shareholders ÷ Revenue

The full definition of Net margin →

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