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Side-by-side financial comparison of Doximity, Inc. (DOCS) and Hippo Holdings Inc. (HIPO). Click either name above to swap in a different company.

Doximity, Inc. is the larger business by last-quarter revenue ($185.1M vs $120.4M, roughly 1.5× Hippo Holdings Inc.). Doximity, Inc. runs the higher net margin — 33.3% vs 5.0%, a 28.3% gap on every dollar of revenue. On growth, Hippo Holdings Inc. posted the faster year-over-year revenue change (18.2% vs 9.8%). Over the past eight quarters, Doximity, Inc.'s revenue compounded faster (25.2% CAGR vs 18.9%).

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.

Hippo Valley Estate is a sugar estate found near the town of Chiredzi in Chiredzi District of southeastern Zimbabwe, on the Runde River near the border with Mozambique.

DOCS vs HIPO — Head-to-Head

Bigger by revenue
DOCS
DOCS
1.5× larger
DOCS
$185.1M
$120.4M
HIPO
Growing faster (revenue YoY)
HIPO
HIPO
+8.4% gap
HIPO
18.2%
9.8%
DOCS
Higher net margin
DOCS
DOCS
28.3% more per $
DOCS
33.3%
5.0%
HIPO
Faster 2-yr revenue CAGR
DOCS
DOCS
Annualised
DOCS
25.2%
18.9%
HIPO

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
DOCS
DOCS
HIPO
HIPO
Revenue
$185.1M
$120.4M
Net Profit
$61.6M
$6.0M
Gross Margin
89.9%
Operating Margin
38.9%
5.6%
Net Margin
33.3%
5.0%
Revenue YoY
9.8%
18.2%
Net Profit YoY
-18.1%
-86.4%
EPS (diluted)
$0.31
$0.31

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.

Revenue
DOCS
DOCS
HIPO
HIPO
Q4 25
$185.1M
$120.4M
Q3 25
$168.5M
$120.6M
Q2 25
$145.9M
$117.3M
Q1 25
$138.3M
$110.3M
Q4 24
$168.6M
$101.9M
Q3 24
$136.8M
$95.5M
Q2 24
$126.7M
$89.6M
Q1 24
$118.1M
$85.1M
Net Profit
DOCS
DOCS
HIPO
HIPO
Q4 25
$61.6M
$6.0M
Q3 25
$62.1M
$98.1M
Q2 25
$53.3M
$1.3M
Q1 25
$62.5M
$-47.7M
Q4 24
$75.2M
$44.2M
Q3 24
$44.2M
$-8.5M
Q2 24
$41.4M
$-40.5M
Q1 24
$40.6M
$-35.7M
Gross Margin
DOCS
DOCS
HIPO
HIPO
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 24
89.4%
Operating Margin
DOCS
DOCS
HIPO
HIPO
Q4 25
38.9%
5.6%
Q3 25
37.8%
81.3%
Q2 25
37.4%
3.4%
Q1 25
35.2%
-41.3%
Q4 24
47.4%
46.3%
Q3 24
38.8%
-5.4%
Q2 24
36.4%
-40.7%
Q1 24
35.5%
-38.7%
Net Margin
DOCS
DOCS
HIPO
HIPO
Q4 25
33.3%
5.0%
Q3 25
36.8%
81.3%
Q2 25
36.5%
1.1%
Q1 25
45.2%
-43.2%
Q4 24
44.6%
43.4%
Q3 24
32.3%
-8.9%
Q2 24
32.7%
-45.2%
Q1 24
34.4%
-42.0%
EPS (diluted)
DOCS
DOCS
HIPO
HIPO
Q4 25
$0.31
$0.31
Q3 25
$0.31
$3.77
Q2 25
$0.27
$0.05
Q1 25
$0.31
$-1.91
Q4 24
$0.37
$1.81
Q3 24
$0.22
$-0.34
Q2 24
$0.21
$-1.64
Q1 24
$0.20
$-1.47

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
DOCS
DOCS
HIPO
HIPO
Cash + ST InvestmentsLiquidity on hand
$64.8M
$218.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$979.3M
$436.1M
Total Assets
$1.2B
$1.9B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DOCS
DOCS
HIPO
HIPO
Q4 25
$64.8M
$218.3M
Q3 25
$169.2M
$247.7M
Q2 25
$137.3M
$198.9M
Q1 25
$209.6M
$140.9M
Q4 24
$165.3M
$197.6M
Q3 24
$184.2M
$191.2M
Q2 24
$111.4M
$175.9M
Q1 24
$96.8M
$223.4M
Stockholders' Equity
DOCS
DOCS
HIPO
HIPO
Q4 25
$979.3M
$436.1M
Q3 25
$1.1B
$421.5M
Q2 25
$1.0B
$332.5M
Q1 25
$1.1B
$322.8M
Q4 24
$1.0B
$362.1M
Q3 24
$961.2M
$326.4M
Q2 24
$913.6M
$322.6M
Q1 24
$901.4M
$351.2M
Total Assets
DOCS
DOCS
HIPO
HIPO
Q4 25
$1.2B
$1.9B
Q3 25
$1.3B
$1.9B
Q2 25
$1.2B
$1.7B
Q1 25
$1.3B
$1.5B
Q4 24
$1.2B
$1.5B
Q3 24
$1.1B
$1.5B
Q2 24
$1.1B
$1.5B
Q1 24
$1.1B
$1.5B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
DOCS
DOCS
HIPO
HIPO
Operating Cash FlowLast quarter
$60.9M
$9.2M
Free Cash FlowOCF − Capex
$9.1M
FCF MarginFCF / Revenue
7.6%
Capex IntensityCapex / Revenue
0.1%
Cash ConversionOCF / Net Profit
0.99×
1.53×
TTM Free Cash FlowTrailing 4 quarters
$14.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DOCS
DOCS
HIPO
HIPO
Q4 25
$60.9M
$9.2M
Q3 25
$93.9M
$16.9M
Q2 25
$62.1M
$24.7M
Q1 25
$98.5M
$-35.6M
Q4 24
$65.2M
$47.5M
Q3 24
$68.3M
$46.8M
Q2 24
$41.2M
$-10.6M
Q1 24
$63.9M
$17.7M
Free Cash Flow
DOCS
DOCS
HIPO
HIPO
Q4 25
$9.1M
Q3 25
$16.8M
Q2 25
$24.6M
Q1 25
$-35.7M
Q4 24
$47.2M
Q3 24
Q2 24
$-10.7M
Q1 24
$17.6M
FCF Margin
DOCS
DOCS
HIPO
HIPO
Q4 25
7.6%
Q3 25
13.9%
Q2 25
21.0%
Q1 25
-32.4%
Q4 24
46.3%
Q3 24
Q2 24
-11.9%
Q1 24
20.7%
Capex Intensity
DOCS
DOCS
HIPO
HIPO
Q4 25
0.1%
Q3 25
0.1%
Q2 25
0.1%
Q1 25
0.0%
0.1%
Q4 24
0.0%
0.3%
Q3 24
0.0%
0.0%
Q2 24
0.0%
0.1%
Q1 24
0.0%
0.1%
Cash Conversion
DOCS
DOCS
HIPO
HIPO
Q4 25
0.99×
1.53×
Q3 25
1.51×
0.17×
Q2 25
1.16×
19.00×
Q1 25
1.58×
Q4 24
0.87×
1.07×
Q3 24
1.55×
Q2 24
1.00×
Q1 24
1.57×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

DOCS
DOCS

Subscription$175.4M95%
Service Other$9.7M5%

HIPO
HIPO

Segment breakdown not available.

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