Doximity, Inc.DOCSEarnings & Financial Report
Doximity is an online networking service for medical professionals. Launched in 2010, the platform offers its members curated medical news, telehealth tools, and case collaboration.
Revenue
$168.6M
Gross Profit
$154.4M
Operating Profit
$79.9M
Net Profit
$75.2M
Gross Margin
91.6%
Operating Margin
47.4%
Net Margin
44.6%
YoY Growth
24.6%
EPS
$0.37
Financial Flow
Doximity, Inc. Q3 2025 Financial Summary
Doximity, Inc. reported revenue of $168.6M (up 24.6% YoY) for Q3 2025, with a net profit of $75.2M (up 56.8% YoY) (44.6% margin). Cost of goods sold was $14.2M, operating expenses totaled $74.5M.
Key Financial Metrics
| Total Revenue | $168.6M |
|---|---|
| Net Profit | $75.2M |
| Gross Margin | 91.6% |
| Operating Margin | 47.4% |
| Report Period | Q3 2025 |
Revenue Breakdown
Doximity, Inc. Q3 2025 revenue of $168.6M breaks down across 2 segments, led by Subscription at $162.3M (96.2% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Subscription | $162.3M | 96.2% |
| Service Other | $6.3M | 3.8% |
Doximity, Inc. Revenue by Segment — Quarterly Trend
Doximity, Inc. revenue by segment across the last 4 reported quarters, showing how each business line (such as Subscription and Service Other) has evolved quarter over quarter.
| Segment | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 |
|---|---|---|---|---|
| Subscription | $175.4M | $159.5M | $137.9M | $131.9M |
| Service Other | $9.7M | $9.1M | $8.0M | $6.4M |
Doximity, Inc. Annual Revenue by Year
Doximity, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $570.4M).
| Year | Annual Revenue |
|---|---|
| 2025 | $570.4M |
| 2024 | $475.4M |
| 2023 | $419.1M |
| 2022 | $343.5M |
Doximity, Inc. Quarterly Revenue & Net Profit History
Doximity, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q3 2026 | $185.1M | +9.8% | $61.6M | 33.3% |
| Q2 2026 | $168.5M | +23.2% | $62.1M | 36.8% |
| Q1 2026 | $145.9M | +15.2% | $53.3M | 36.5% |
| Q4 2025 | $138.3M | +17.1% | $62.5M | 45.2% |
| Q3 2025 | $168.6M | +24.6% | $75.2M | 44.6% |
| Q2 2025 | $136.8M | +20.4% | $44.2M | 32.3% |
| Q1 2025 | $126.7M | +16.8% | $41.4M | 32.7% |
| Q4 2024 | $118.1M | +6.4% | $40.6M | 34.4% |
Income Statement
| Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $118.1M | $126.7M | $136.8M | $168.6M | $138.3M | $145.9M | $168.5M | $185.1M |
| YoY Growth | 6.4% | 16.8% | 20.4% | 24.6% | 17.1% | 15.2% | 23.2% | 9.8% |
Balance Sheet
| Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $1.08B | $1.07B | $1.12B | $1.17B | $1.26B | $1.20B | $1.26B | $1.16B |
| Liabilities | $178.0M | $159.9M | $157.3M | $141.0M | $181.7M | $178.9M | $161.6M | $177.7M |
| Equity | $901.4M | $913.6M | $961.2M | $1.03B | $1.08B | $1.03B | $1.10B | $979.3M |
Cash Flow
| Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $63.9M | $41.2M | $68.3M | $65.2M | $98.5M | $62.1M | $93.9M | $60.9M |