Doximity (DOCS) Financial Statements & Analysis

Doximity (DOCS) Income Statement

Doximity reported revenue of $644.86M in fiscal 2026 (fiscal year ended Mar 31, 2026), up 13.1% from $570.40M a year earlier. Net income was $196.05M, down 12.2% year over year, a net margin of 30.4%. Gross margin was 89.1% and operating margin 33.3%. In the most recent quarter, Q1 fiscal 2027 (ended Jun 30, 2026), revenue was $156.62M, up 7.3% from the same quarter a year earlier.

Doximity Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Doximity, Inc. income statement - Annual data in millions USD
Breakdown	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period ending	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019
Revenue & Gross Profit
Revenue	644.86	570.40	475.42	419.05	343.55	206.90	116.39	85.70
Cost of Revenue	70.33	55.87	50.67	53.49	39.79	31.20	14.90	10.89
Gross Profit	574.54	514.53	424.75	365.56	303.76	175.70	101.49	74.81
Operating Expenses
Research & Development	130.70	93.04	81.98	80.19	62.35	43.87	32.44	27.50
Selling, General & Administrative	228.92	191.38	170.96	160.27	127.62	78.53	46.89	40.39
Operating Expenses	359.62	284.42	260.88	240.45	190.23	122.40	79.33	67.89
Operating Income	214.92	230.10	163.88	125.11	113.54	53.30	22.16	6.92
Other Income/Expense
Interest Income	35.70	35.85	21.66	9.29	2.15	0.30	1.46	1.07
Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Other Income/Expense	35.09	-2.38	21.32	-1.24	0.47	4.47	1.35	1.01
Income
Income Before Tax	250.01	263.57	185.20	133.16	114.01	57.77	23.51	7.93
Income Tax Expense	53.95	40.39	37.62	20.34	-40.78	7.56	-6.22	0.10
Net Income	196.05	223.19	147.58	112.82	133.26	21.56	29.74	7.83
Net Income - Continuous Operations	196.05	223.19	147.58	112.82	154.78	50.21	29.74	7.83
Net Income - Discontinued Operations	-	-	-	-	-	-	-	-
EBITDA	264.39	240.76	177.08	135.39	115.33	57.01	23.06	7.47
EBIT	214.92	230.10	171.81	125.11	113.79	53.30	-	-
Depreciation & Amortization	14.38	10.66	5.27	10.28	1.54	1.50	0.90	0.55
Earnings Per Share
Basic EPS	1.00	1.00	1.00	1.00	1.00	-	-	-
Diluted EPS	1.00	1.00	1.00	1.00	1.00	-	-	-
Basic Shares Outstanding	187.01	186.84	190.17	193.18	163.48	74.34	181.70	181.70
Diluted Shares Outstanding	199.05	201.21	205.73	213.43	191.02	95.13	181.70	181.70

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Doximity Financial Statements

What was Doximity's revenue in fiscal 2026?

Doximity reported revenue of $644.86M in fiscal 2026 (fiscal year ended Mar 31, 2026). That was up 13.1% from $570.40M a year earlier.

Is Doximity profitable?

Yes. Doximity earned net income of $196.05M in fiscal 2026, a net margin of 30.4%. In fiscal 2025 it earned $223.19M.

What is Doximity's operating margin?

Doximity's operating income was $214.92M on revenue of $644.86M in fiscal 2026, an operating margin of 33.3%, compared with 40.3% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition