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Side-by-side financial comparison of Doximity, Inc. (DOCS) and ESSENTIAL PROPERTIES REALTY TRUST, INC. (EPRT). Click either name above to swap in a different company.
Doximity, Inc. is the larger business by last-quarter revenue ($185.1M vs $158.8M, roughly 1.2× ESSENTIAL PROPERTIES REALTY TRUST, INC.). ESSENTIAL PROPERTIES REALTY TRUST, INC. runs the higher net margin — 37.8% vs 33.3%, a 4.5% gap on every dollar of revenue. On growth, ESSENTIAL PROPERTIES REALTY TRUST, INC. posted the faster year-over-year revenue change (22.8% vs 9.8%). Over the past eight quarters, Doximity, Inc.'s revenue compounded faster (25.2% CAGR vs 20.6%).
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.
Essential Properties Realty Trust is a publicly traded real estate investment trust (REIT) that acquires, owns and manages a diversified portfolio of single-tenant net-leased commercial properties across the United States. Its assets primarily cover essential service-oriented sectors including casual dining, automotive services, medical clinics, early childhood education centers and light industrial facilities, with tenants mostly holding robust long-term operating track records.
DOCS vs EPRT — Head-to-Head
Income Statement — Q3 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $185.1M | $158.8M |
| Net Profit | $61.6M | $60.0M |
| Gross Margin | 89.9% | — |
| Operating Margin | 38.9% | 56.5% |
| Net Margin | 33.3% | 37.8% |
| Revenue YoY | 9.8% | 22.8% |
| Net Profit YoY | -18.1% | 6.5% |
| EPS (diluted) | $0.31 | $0.28 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | — | $158.8M | ||
| Q4 25 | $185.1M | $149.9M | ||
| Q3 25 | $168.5M | $144.9M | ||
| Q2 25 | $145.9M | $137.1M | ||
| Q1 25 | $138.3M | $129.4M | ||
| Q4 24 | $168.6M | $119.7M | ||
| Q3 24 | $136.8M | $117.1M | ||
| Q2 24 | $126.7M | $109.3M |
| Q1 26 | — | $60.0M | ||
| Q4 25 | $61.6M | $68.1M | ||
| Q3 25 | $62.1M | $65.6M | ||
| Q2 25 | $53.3M | $63.2M | ||
| Q1 25 | $62.5M | $56.1M | ||
| Q4 24 | $75.2M | $55.4M | ||
| Q3 24 | $44.2M | $49.1M | ||
| Q2 24 | $41.4M | $51.5M |
| Q1 26 | — | — | ||
| Q4 25 | 89.9% | — | ||
| Q3 25 | 90.3% | — | ||
| Q2 25 | 89.2% | — | ||
| Q1 25 | 89.5% | — | ||
| Q4 24 | 91.6% | — | ||
| Q3 24 | 90.0% | — | ||
| Q2 24 | 89.3% | — |
| Q1 26 | — | 56.5% | ||
| Q4 25 | 38.9% | 65.9% | ||
| Q3 25 | 37.8% | 64.7% | ||
| Q2 25 | 37.4% | 64.1% | ||
| Q1 25 | 35.2% | 61.6% | ||
| Q4 24 | 47.4% | 66.1% | ||
| Q3 24 | 38.8% | 59.7% | ||
| Q2 24 | 36.4% | 61.1% |
| Q1 26 | — | 37.8% | ||
| Q4 25 | 33.3% | 45.4% | ||
| Q3 25 | 36.8% | 45.3% | ||
| Q2 25 | 36.5% | 46.1% | ||
| Q1 25 | 45.2% | 43.4% | ||
| Q4 24 | 44.6% | 46.3% | ||
| Q3 24 | 32.3% | 42.0% | ||
| Q2 24 | 32.7% | 47.1% |
| Q1 26 | — | $0.28 | ||
| Q4 25 | $0.31 | $0.34 | ||
| Q3 25 | $0.31 | $0.33 | ||
| Q2 25 | $0.27 | $0.32 | ||
| Q1 25 | $0.31 | $0.29 | ||
| Q4 24 | $0.37 | $0.31 | ||
| Q3 24 | $0.22 | $0.27 | ||
| Q2 24 | $0.21 | $0.29 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $64.8M | $15.2M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $979.3M | $4.4B |
| Total Assets | $1.2B | $7.2B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $15.2M | ||
| Q4 25 | $64.8M | $60.2M | ||
| Q3 25 | $169.2M | $23.8M | ||
| Q2 25 | $137.3M | $20.8M | ||
| Q1 25 | $209.6M | $47.0M | ||
| Q4 24 | $165.3M | $40.7M | ||
| Q3 24 | $184.2M | $32.7M | ||
| Q2 24 | $111.4M | $23.6M |
| Q1 26 | — | — | ||
| Q4 25 | — | $2.5B | ||
| Q3 25 | — | $2.6B | ||
| Q2 25 | — | $2.3B | ||
| Q1 25 | — | $2.1B | ||
| Q4 24 | — | $2.1B | ||
| Q3 24 | — | $2.2B | ||
| Q2 24 | — | $1.9B |
| Q1 26 | — | $4.4B | ||
| Q4 25 | $979.3M | $4.2B | ||
| Q3 25 | $1.1B | $3.8B | ||
| Q2 25 | $1.0B | $3.8B | ||
| Q1 25 | $1.1B | $3.8B | ||
| Q4 24 | $1.0B | $3.6B | ||
| Q3 24 | $961.2M | $3.2B | ||
| Q2 24 | $913.6M | $3.2B |
| Q1 26 | — | $7.2B | ||
| Q4 25 | $1.2B | $6.9B | ||
| Q3 25 | $1.3B | $6.6B | ||
| Q2 25 | $1.2B | $6.3B | ||
| Q1 25 | $1.3B | $6.1B | ||
| Q4 24 | $1.2B | $5.8B | ||
| Q3 24 | $1.1B | $5.5B | ||
| Q2 24 | $1.1B | $5.3B |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.60× | ||
| Q3 25 | — | 0.69× | ||
| Q2 25 | — | 0.61× | ||
| Q1 25 | — | 0.56× | ||
| Q4 24 | — | 0.60× | ||
| Q3 24 | — | 0.69× | ||
| Q2 24 | — | 0.59× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $60.9M | — |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | 0.99× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $60.9M | $381.1M | ||
| Q3 25 | $93.9M | $99.0M | ||
| Q2 25 | $62.1M | $99.8M | ||
| Q1 25 | $98.5M | $77.2M | ||
| Q4 24 | $65.2M | $308.5M | ||
| Q3 24 | $68.3M | $73.5M | ||
| Q2 24 | $41.2M | $81.1M |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 0.0% | — | ||
| Q4 24 | 0.0% | — | ||
| Q3 24 | 0.0% | — | ||
| Q2 24 | 0.0% | — |
| Q1 26 | — | — | ||
| Q4 25 | 0.99× | 5.60× | ||
| Q3 25 | 1.51× | 1.51× | ||
| Q2 25 | 1.16× | 1.58× | ||
| Q1 25 | 1.58× | 1.38× | ||
| Q4 24 | 0.87× | 5.57× | ||
| Q3 24 | 1.55× | 1.50× | ||
| Q2 24 | 1.00× | 1.57× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
DOCS
| Subscription | $175.4M | 95% |
| Service Other | $9.7M | 5% |
EPRT
| Rental revenue 1,2 | $149.4M | 94% |
| Other | $8.6M | 5% |
| Other revenue | $779.0K | 0% |
