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Side-by-side financial comparison of Doximity, Inc. (DOCS) and ONESPAWORLD HOLDINGS Ltd (OSW). Click either name above to swap in a different company.
ONESPAWORLD HOLDINGS Ltd is the larger business by last-quarter revenue ($242.1M vs $185.1M, roughly 1.3× Doximity, Inc.). Doximity, Inc. runs the higher net margin — 33.3% vs 5.0%, a 28.3% gap on every dollar of revenue. On growth, ONESPAWORLD HOLDINGS Ltd posted the faster year-over-year revenue change (11.5% vs 9.8%). Over the past eight quarters, Doximity, Inc.'s revenue compounded faster (25.2% CAGR vs 7.1%).
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.
DOCS vs OSW — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $185.1M | $242.1M |
| Net Profit | $61.6M | $12.1M |
| Gross Margin | 89.9% | — |
| Operating Margin | 38.9% | 6.8% |
| Net Margin | 33.3% | 5.0% |
| Revenue YoY | 9.8% | 11.5% |
| Net Profit YoY | -18.1% | -16.2% |
| EPS (diluted) | $0.31 | $0.12 |
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.
| Q4 25 | $185.1M | $242.1M | ||
| Q3 25 | $168.5M | $258.5M | ||
| Q2 25 | $145.9M | $240.7M | ||
| Q1 25 | $138.3M | $219.6M | ||
| Q4 24 | $168.6M | $217.2M | ||
| Q3 24 | $136.8M | $241.7M | ||
| Q2 24 | $126.7M | $224.9M | ||
| Q1 24 | $118.1M | $211.2M |
| Q4 25 | $61.6M | $12.1M | ||
| Q3 25 | $62.1M | $24.3M | ||
| Q2 25 | $53.3M | $19.9M | ||
| Q1 25 | $62.5M | $15.3M | ||
| Q4 24 | $75.2M | $14.4M | ||
| Q3 24 | $44.2M | $21.6M | ||
| Q2 24 | $41.4M | $15.8M | ||
| Q1 24 | $40.6M | $21.2M |
| 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% | — |
| Q4 25 | 38.9% | 6.8% | ||
| Q3 25 | 37.8% | 10.2% | ||
| Q2 25 | 37.4% | 9.2% | ||
| Q1 25 | 35.2% | 7.7% | ||
| Q4 24 | 47.4% | 7.9% | ||
| Q3 24 | 38.8% | 10.3% | ||
| Q2 24 | 36.4% | 8.4% | ||
| Q1 24 | 35.5% | 8.0% |
| Q4 25 | 33.3% | 5.0% | ||
| Q3 25 | 36.8% | 9.4% | ||
| Q2 25 | 36.5% | 8.3% | ||
| Q1 25 | 45.2% | 7.0% | ||
| Q4 24 | 44.6% | 6.6% | ||
| Q3 24 | 32.3% | 8.9% | ||
| Q2 24 | 32.7% | 7.0% | ||
| Q1 24 | 34.4% | 10.0% |
| Q4 25 | $0.31 | $0.12 | ||
| Q3 25 | $0.31 | $0.23 | ||
| Q2 25 | $0.27 | $0.19 | ||
| Q1 25 | $0.31 | $0.15 | ||
| Q4 24 | $0.37 | $0.13 | ||
| Q3 24 | $0.22 | $0.20 | ||
| Q2 24 | $0.21 | $0.15 | ||
| Q1 24 | $0.20 | $0.21 |
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 | $16.3M |
| Total DebtLower is stronger | — | $84.0M |
| Stockholders' EquityBook value | $979.3M | $542.6M |
| Total Assets | $1.2B | $707.1M |
| Debt / EquityLower = less leverage | — | 0.15× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $64.8M | $16.3M | ||
| Q3 25 | $169.2M | $29.6M | ||
| Q2 25 | $137.3M | $35.0M | ||
| Q1 25 | $209.6M | $22.6M | ||
| Q4 24 | $165.3M | $57.4M | ||
| Q3 24 | $184.2M | $48.8M | ||
| Q2 24 | $111.4M | $62.5M | ||
| Q1 24 | $96.8M | $65.4M |
| Q4 25 | — | $84.0M | ||
| Q3 25 | — | $85.2M | ||
| Q2 25 | — | $96.2M | ||
| Q1 25 | — | $97.4M | ||
| Q4 24 | — | $98.6M | ||
| Q3 24 | — | $98.7M | ||
| Q2 24 | — | $123.8M | ||
| Q1 24 | — | $138.6M |
| Q4 25 | $979.3M | $542.6M | ||
| Q3 25 | $1.1B | $552.8M | ||
| Q2 25 | $1.0B | $548.3M | ||
| Q1 25 | $1.1B | $530.6M | ||
| Q4 24 | $1.0B | $554.5M | ||
| Q3 24 | $961.2M | $540.1M | ||
| Q2 24 | $913.6M | $532.7M | ||
| Q1 24 | $901.4M | $515.5M |
| Q4 25 | $1.2B | $707.1M | ||
| Q3 25 | $1.3B | $732.6M | ||
| Q2 25 | $1.2B | $731.8M | ||
| Q1 25 | $1.3B | $708.7M | ||
| Q4 24 | $1.2B | $746.4M | ||
| Q3 24 | $1.1B | $734.0M | ||
| Q2 24 | $1.1B | $756.8M | ||
| Q1 24 | $1.1B | $763.6M |
| Q4 25 | — | 0.15× | ||
| Q3 25 | — | 0.15× | ||
| Q2 25 | — | 0.18× | ||
| Q1 25 | — | 0.18× | ||
| Q4 24 | — | 0.18× | ||
| Q3 24 | — | 0.18× | ||
| Q2 24 | — | 0.23× | ||
| Q1 24 | — | 0.27× |
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 | $20.0M |
| Free Cash FlowOCF − Capex | — | $14.9M |
| FCF MarginFCF / Revenue | — | 6.2% |
| Capex IntensityCapex / Revenue | — | 2.1% |
| Cash ConversionOCF / Net Profit | 0.99× | 1.65× |
| TTM Free Cash FlowTrailing 4 quarters | — | $68.4M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $60.9M | $20.0M | ||
| Q3 25 | $93.9M | $33.2M | ||
| Q2 25 | $62.1M | $20.3M | ||
| Q1 25 | $98.5M | $10.1M | ||
| Q4 24 | $65.2M | $16.6M | ||
| Q3 24 | $68.3M | $28.6M | ||
| Q2 24 | $41.2M | $18.7M | ||
| Q1 24 | $63.9M | $15.0M |
| Q4 25 | — | $14.9M | ||
| Q3 25 | — | $27.6M | ||
| Q2 25 | — | $17.6M | ||
| Q1 25 | — | $8.4M | ||
| Q4 24 | — | $13.2M | ||
| Q3 24 | — | $27.5M | ||
| Q2 24 | — | $17.6M | ||
| Q1 24 | — | $13.7M |
| Q4 25 | — | 6.2% | ||
| Q3 25 | — | 10.7% | ||
| Q2 25 | — | 7.3% | ||
| Q1 25 | — | 3.8% | ||
| Q4 24 | — | 6.1% | ||
| Q3 24 | — | 11.4% | ||
| Q2 24 | — | 7.8% | ||
| Q1 24 | — | 6.5% |
| Q4 25 | — | 2.1% | ||
| Q3 25 | — | 2.2% | ||
| Q2 25 | — | 1.1% | ||
| Q1 25 | 0.0% | 0.8% | ||
| Q4 24 | 0.0% | 1.5% | ||
| Q3 24 | 0.0% | 0.5% | ||
| Q2 24 | 0.0% | 0.5% | ||
| Q1 24 | 0.0% | 0.6% |
| Q4 25 | 0.99× | 1.65× | ||
| Q3 25 | 1.51× | 1.36× | ||
| Q2 25 | 1.16× | 1.02× | ||
| Q1 25 | 1.58× | 0.66× | ||
| Q4 24 | 0.87× | 1.15× | ||
| Q3 24 | 1.55× | 1.33× | ||
| Q2 24 | 1.00× | 1.19× | ||
| Q1 24 | 1.57× | 0.71× |
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% |
OSW
| Services | $197.3M | 82% |
| Products | $44.8M | 18% |
