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Side-by-side financial comparison of Doximity, Inc. (DOCS) and NNN REIT, INC. (NNN). Click either name above to swap in a different company.
NNN REIT, INC. is the larger business by last-quarter revenue ($240.4M vs $185.1M, roughly 1.3× Doximity, Inc.). NNN REIT, INC. runs the higher net margin — 39.1% vs 33.3%, a 5.8% gap on every dollar of revenue. On growth, Doximity, Inc. posted the faster year-over-year revenue change (9.8% vs 4.1%). Over the past eight quarters, Doximity, Inc.'s revenue compounded faster (25.2% CAGR vs 5.3%).
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.
NNN Reit, Inc. is a real estate investment trust that invests primarily in restaurant properties that are subject to long-term triple net leases, usually under leaseback arrangements. It is organized in Maryland with its principal office in Orlando, Florida.
DOCS vs NNN — Head-to-Head
Income Statement — Q3 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $185.1M | $240.4M |
| Net Profit | $61.6M | $94.0M |
| Gross Margin | 89.9% | — |
| Operating Margin | 38.9% | 61.0% |
| Net Margin | 33.3% | 39.1% |
| Revenue YoY | 9.8% | 4.1% |
| Net Profit YoY | -18.1% | -2.6% |
| EPS (diluted) | $0.31 | $0.50 |
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 | — | $240.4M | ||
| Q4 25 | $185.1M | $238.4M | ||
| Q3 25 | $168.5M | $230.2M | ||
| Q2 25 | $145.9M | $226.8M | ||
| Q1 25 | $138.3M | $230.9M | ||
| Q4 24 | $168.6M | $218.5M | ||
| Q3 24 | $136.8M | $218.6M | ||
| Q2 24 | $126.7M | $216.8M |
| Q1 26 | — | $94.0M | ||
| Q4 25 | $61.6M | $96.0M | ||
| Q3 25 | $62.1M | $96.8M | ||
| Q2 25 | $53.3M | $100.5M | ||
| Q1 25 | $62.5M | $96.5M | ||
| Q4 24 | $75.2M | $97.9M | ||
| Q3 24 | $44.2M | $97.9M | ||
| Q2 24 | $41.4M | $106.7M |
| 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 | — | 61.0% | ||
| Q4 25 | 38.9% | 62.3% | ||
| Q3 25 | 37.8% | 64.0% | ||
| Q2 25 | 37.4% | 66.0% | ||
| Q1 25 | 35.2% | 62.3% | ||
| Q4 24 | 47.4% | 65.8% | ||
| Q3 24 | 38.8% | 65.7% | ||
| Q2 24 | 36.4% | 70.2% |
| Q1 26 | — | 39.1% | ||
| Q4 25 | 33.3% | 40.2% | ||
| Q3 25 | 36.8% | 42.1% | ||
| Q2 25 | 36.5% | 44.3% | ||
| Q1 25 | 45.2% | 41.8% | ||
| Q4 24 | 44.6% | 44.8% | ||
| Q3 24 | 32.3% | 44.8% | ||
| Q2 24 | 32.7% | 49.2% |
| Q1 26 | — | $0.50 | ||
| Q4 25 | $0.31 | $0.51 | ||
| Q3 25 | $0.31 | $0.51 | ||
| Q2 25 | $0.27 | $0.54 | ||
| Q1 25 | $0.31 | $0.51 | ||
| Q4 24 | $0.37 | $0.52 | ||
| Q3 24 | $0.22 | $0.53 | ||
| Q2 24 | $0.21 | $0.58 |
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 | $4.6M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $979.3M | $4.4B |
| Total Assets | $1.2B | $9.4B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $4.6M | ||
| Q4 25 | $64.8M | $5.0M | ||
| Q3 25 | $169.2M | $157.9M | ||
| Q2 25 | $137.3M | $6.0M | ||
| Q1 25 | $209.6M | $5.1M | ||
| Q4 24 | $165.3M | $8.7M | ||
| Q3 24 | $184.2M | $173.5M | ||
| Q2 24 | $111.4M | $2.1M |
| Q1 26 | — | $4.4B | ||
| Q4 25 | $979.3M | $4.4B | ||
| Q3 25 | $1.1B | $4.4B | ||
| Q2 25 | $1.0B | $4.4B | ||
| Q1 25 | $1.1B | $4.4B | ||
| Q4 24 | $1.0B | $4.4B | ||
| Q3 24 | $961.2M | $4.4B | ||
| Q2 24 | $913.6M | $4.2B |
| Q1 26 | — | $9.4B | ||
| Q4 25 | $1.2B | $9.4B | ||
| Q3 25 | $1.3B | $9.5B | ||
| Q2 25 | $1.2B | $9.1B | ||
| Q1 25 | $1.3B | $9.0B | ||
| Q4 24 | $1.2B | $8.9B | ||
| Q3 24 | $1.1B | $8.9B | ||
| Q2 24 | $1.1B | $8.7B |
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 | $667.1M | ||
| Q3 25 | $93.9M | $218.3M | ||
| Q2 25 | $62.1M | $119.4M | ||
| Q1 25 | $98.5M | $203.3M | ||
| Q4 24 | $65.2M | $635.5M | ||
| Q3 24 | $68.3M | $206.6M | ||
| Q2 24 | $41.2M | $120.5M |
| 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× | 6.95× | ||
| Q3 25 | 1.51× | 2.25× | ||
| Q2 25 | 1.16× | 1.19× | ||
| Q1 25 | 1.58× | 2.11× | ||
| Q4 24 | 0.87× | 6.49× | ||
| Q3 24 | 1.55× | 2.11× | ||
| Q2 24 | 1.00× | 1.13× |
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% |
NNN
Segment breakdown not available.
