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Side-by-side financial comparison of Doximity, Inc. (DOCS) and CPI Card Group Inc. (PMTS). Click either name above to swap in a different company.

Doximity, Inc. is the larger business by last-quarter revenue ($185.1M vs $153.1M, roughly 1.2× CPI Card Group Inc.). Doximity, Inc. runs the higher net margin — 33.3% vs 4.8%, a 28.5% gap on every dollar of revenue. On growth, CPI Card Group Inc. posted the faster year-over-year revenue change (22.3% vs 9.8%). Over the past eight quarters, Doximity, Inc.'s revenue compounded faster (25.2% CAGR vs 16.9%).

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.

CPI Card Group Inc. is a leading provider of payment card production and associated solutions, including contactless and contact credit/debit cards, prepaid cards, and card personalization services. It primarily serves financial institutions, fintech firms, and retail brands across its core North American market.

DOCS vs PMTS — Head-to-Head

Bigger by revenue
DOCS
DOCS
1.2× larger
DOCS
$185.1M
$153.1M
PMTS
Growing faster (revenue YoY)
PMTS
PMTS
+12.6% gap
PMTS
22.3%
9.8%
DOCS
Higher net margin
DOCS
DOCS
28.5% more per $
DOCS
33.3%
4.8%
PMTS
Faster 2-yr revenue CAGR
DOCS
DOCS
Annualised
DOCS
25.2%
16.9%
PMTS

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
DOCS
DOCS
PMTS
PMTS
Revenue
$185.1M
$153.1M
Net Profit
$61.6M
$7.3M
Gross Margin
89.9%
31.5%
Operating Margin
38.9%
12.0%
Net Margin
33.3%
4.8%
Revenue YoY
9.8%
22.3%
Net Profit YoY
-18.1%
8.5%
EPS (diluted)
$0.31
$0.62

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
PMTS
PMTS
Q4 25
$185.1M
$153.1M
Q3 25
$168.5M
$138.0M
Q2 25
$145.9M
$129.8M
Q1 25
$138.3M
$122.8M
Q4 24
$168.6M
$125.1M
Q3 24
$136.8M
$124.8M
Q2 24
$126.7M
$118.8M
Q1 24
$118.1M
$111.9M
Net Profit
DOCS
DOCS
PMTS
PMTS
Q4 25
$61.6M
$7.3M
Q3 25
$62.1M
$2.3M
Q2 25
$53.3M
$518.0K
Q1 25
$62.5M
$4.8M
Q4 24
$75.2M
$6.8M
Q3 24
$44.2M
$1.3M
Q2 24
$41.4M
$6.0M
Q1 24
$40.6M
$5.5M
Gross Margin
DOCS
DOCS
PMTS
PMTS
Q4 25
89.9%
31.5%
Q3 25
90.3%
29.7%
Q2 25
89.2%
30.9%
Q1 25
89.5%
33.2%
Q4 24
91.6%
34.1%
Q3 24
90.0%
35.8%
Q2 24
89.3%
35.7%
Q1 24
89.4%
37.1%
Operating Margin
DOCS
DOCS
PMTS
PMTS
Q4 25
38.9%
12.0%
Q3 25
37.8%
9.4%
Q2 25
37.4%
7.3%
Q1 25
35.2%
11.5%
Q4 24
47.4%
12.7%
Q3 24
38.8%
14.3%
Q2 24
36.4%
12.5%
Q1 24
35.5%
12.6%
Net Margin
DOCS
DOCS
PMTS
PMTS
Q4 25
33.3%
4.8%
Q3 25
36.8%
1.7%
Q2 25
36.5%
0.4%
Q1 25
45.2%
3.9%
Q4 24
44.6%
5.4%
Q3 24
32.3%
1.0%
Q2 24
32.7%
5.1%
Q1 24
34.4%
4.9%
EPS (diluted)
DOCS
DOCS
PMTS
PMTS
Q4 25
$0.31
$0.62
Q3 25
$0.31
$0.19
Q2 25
$0.27
$0.04
Q1 25
$0.31
$0.40
Q4 24
$0.37
$0.56
Q3 24
$0.22
$0.11
Q2 24
$0.21
$0.51
Q1 24
$0.20
$0.46

Balance Sheet & Financial Strength

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

Metric
DOCS
DOCS
PMTS
PMTS
Cash + ST InvestmentsLiquidity on hand
$64.8M
$21.7M
Total DebtLower is stronger
$286.7M
Stockholders' EquityBook value
$979.3M
$-17.3M
Total Assets
$1.2B
$403.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DOCS
DOCS
PMTS
PMTS
Q4 25
$64.8M
$21.7M
Q3 25
$169.2M
$16.0M
Q2 25
$137.3M
$17.1M
Q1 25
$209.6M
$31.5M
Q4 24
$165.3M
$33.5M
Q3 24
$184.2M
$14.7M
Q2 24
$111.4M
$7.5M
Q1 24
$96.8M
$17.1M
Total Debt
DOCS
DOCS
PMTS
PMTS
Q4 25
$286.7M
Q3 25
$308.4M
Q2 25
$310.9M
Q1 25
$280.7M
Q4 24
$280.4M
Q3 24
$280.2M
Q2 24
$269.7M
Q1 24
$265.3M
Stockholders' Equity
DOCS
DOCS
PMTS
PMTS
Q4 25
$979.3M
$-17.3M
Q3 25
$1.1B
$-25.7M
Q2 25
$1.0B
$-29.0M
Q1 25
$1.1B
$-29.7M
Q4 24
$1.0B
$-35.6M
Q3 24
$961.2M
$-42.8M
Q2 24
$913.6M
$-44.6M
Q1 24
$901.4M
$-48.5M
Total Assets
DOCS
DOCS
PMTS
PMTS
Q4 25
$1.2B
$403.2M
Q3 25
$1.3B
$407.1M
Q2 25
$1.2B
$399.8M
Q1 25
$1.3B
$351.9M
Q4 24
$1.2B
$349.7M
Q3 24
$1.1B
$342.3M
Q2 24
$1.1B
$321.4M
Q1 24
$1.1B
$319.8M

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
PMTS
PMTS
Operating Cash FlowLast quarter
$60.9M
$39.6M
Free Cash FlowOCF − Capex
$35.2M
FCF MarginFCF / Revenue
23.0%
Capex IntensityCapex / Revenue
2.9%
Cash ConversionOCF / Net Profit
0.99×
5.39×
TTM Free Cash FlowTrailing 4 quarters
$41.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DOCS
DOCS
PMTS
PMTS
Q4 25
$60.9M
$39.6M
Q3 25
$93.9M
$10.0M
Q2 25
$62.1M
$4.3M
Q1 25
$98.5M
$5.6M
Q4 24
$65.2M
$26.7M
Q3 24
$68.3M
$12.5M
Q2 24
$41.2M
$-4.8M
Q1 24
$63.9M
$8.9M
Free Cash Flow
DOCS
DOCS
PMTS
PMTS
Q4 25
$35.2M
Q3 25
$5.3M
Q2 25
$533.0K
Q1 25
$292.0K
Q4 24
$21.6M
Q3 24
$11.1M
Q2 24
$-6.0M
Q1 24
$7.4M
FCF Margin
DOCS
DOCS
PMTS
PMTS
Q4 25
23.0%
Q3 25
3.8%
Q2 25
0.4%
Q1 25
0.2%
Q4 24
17.3%
Q3 24
8.9%
Q2 24
-5.0%
Q1 24
6.6%
Capex Intensity
DOCS
DOCS
PMTS
PMTS
Q4 25
2.9%
Q3 25
3.4%
Q2 25
2.9%
Q1 25
0.0%
4.3%
Q4 24
0.0%
4.0%
Q3 24
0.0%
1.2%
Q2 24
0.0%
1.0%
Q1 24
0.0%
1.3%
Cash Conversion
DOCS
DOCS
PMTS
PMTS
Q4 25
0.99×
5.39×
Q3 25
1.51×
4.32×
Q2 25
1.16×
8.39×
Q1 25
1.58×
1.17×
Q4 24
0.87×
3.94×
Q3 24
1.55×
9.70×
Q2 24
1.00×
-0.79×
Q1 24
1.57×
1.63×

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%

PMTS
PMTS

US Debit And Credit$128.9M84%
US Prepaid Debit$24.4M16%

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