How do Doximity, Inc. and PROASSURANCE CORP compare by revenue?

Doximity, Inc. reported revenue of $185.1M in Q3 FY2026, while PROASSURANCE CORP reported $269.6M in Q4 FY2025. PROASSURANCE CORP is 1.5× larger by last-quarter revenue.

Which is growing revenue faster, Doximity, Inc. or PROASSURANCE CORP?

Doximity, Inc.'s latest revenue grew 9.8% year-over-year, versus -7.1% for PROASSURANCE CORP. Doximity, Inc. is growing faster on a YoY basis.

Which has a higher net margin, Doximity, Inc. or PROASSURANCE CORP?

Doximity, Inc.'s net margin is 33.3% vs PROASSURANCE CORP's 12.4%. Doximity, Inc. has the higher bottom-line margin.

What is the 2-year revenue CAGR for Doximity, Inc. vs PROASSURANCE CORP?

Over the trailing 8 quarters, Doximity, Inc. compounded revenue at roughly 25.2% per year, versus -2.7% for PROASSURANCE CORP. Doximity, Inc. has the faster medium-term growth trajectory.

Where does this DOCS vs PRA data come from?

All figures are parsed directly from SEC EDGAR 10-Q / 10-K / 20-F / 6-K filings (for US-listed issuers) or EDINET filings (for Japanese issuers), then normalised into a common schema. Numbers update automatically as new filings are released.

vs

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

PROASSURANCE CORP is the larger business by last-quarter revenue ($269.6M vs $185.1M, roughly 1.5× Doximity, Inc.). Doximity, Inc. runs the higher net margin — 33.3% vs 12.4%, a 20.9% gap on every dollar of revenue. On growth, Doximity, Inc. posted the faster year-over-year revenue change (9.8% vs -7.1%). Over the past eight quarters, Doximity, Inc.'s revenue compounded faster (25.2% CAGR vs -2.7%).

Doximity, Inc.DOCSEarnings & Financial Report

NYSE · Information Technology · Services-Computer Programming Services

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.

PROASSURANCE CORPPRAEarnings & Financial Report

NYSE · Financials · Fire, Marine & Casualty Insurance

ProAssurance Corporation, headquartered in Birmingham, Alabama, is a property and casualty company that sells professional liability insurance to doctors. The company was founded in 1976 as Mutual Assurance and was later renamed to Medical Assurance in 1997. The name "ProAssurance" was created in 2001 when Medical Assurance merged with Professionals Group. The company is currently the fourth largest medical professional liability insurance writer and has over $6 billion in assets.

DOCS vs PRA — Head-to-Head

Bigger by revenue

PRA

1.5× larger

$269.6M

$185.1M

Growing faster (revenue YoY)

DOCS

+16.8% gap

9.8%

-7.1%

Higher net margin

DOCS

20.9% more per $

33.3%

12.4%

Faster 2-yr revenue CAGR

DOCS

Annualised

25.2%

-2.7%

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric	DOCS	PRA
Revenue	$185.1M	$269.6M
Net Profit	$61.6M	$33.4M
Gross Margin	89.9%	—
Operating Margin	38.9%	17.3%
Net Margin	33.3%	12.4%
Revenue YoY	9.8%	-7.1%
Net Profit YoY	-18.1%	106.4%
EPS (diluted)	$0.31	$0.65

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

PRA

Q4 25	$185.1M	$269.6M
Q3 25	$168.5M	$279.6M
Q2 25	$145.9M	$276.8M
Q1 25	$138.3M	$272.1M
Q4 24	$168.6M	$290.1M
Q3 24	$136.8M	$285.3M
Q2 24	$126.7M	$290.4M
Q1 24	$118.1M	$284.7M

Net Profit

DOCS

PRA

Q4 25	$61.6M	$33.4M
Q3 25	$62.1M	$1.4M
Q2 25	$53.3M	$21.9M
Q1 25	$62.5M	$-5.8M
Q4 24	$75.2M	$16.2M
Q3 24	$44.2M	$16.4M
Q2 24	$41.4M	$15.5M
Q1 24	$40.6M	$4.6M

Gross Margin

DOCS

PRA

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

PRA

Q4 25	38.9%	17.3%
Q3 25	37.8%	1.6%
Q2 25	37.4%	9.9%
Q1 25	35.2%	-2.3%
Q4 24	47.4%	6.5%
Q3 24	38.8%	7.4%
Q2 24	36.4%	6.2%
Q1 24	35.5%	1.9%

Net Margin

DOCS

PRA

Q4 25	33.3%	12.4%
Q3 25	36.8%	0.5%
Q2 25	36.5%	7.9%
Q1 25	45.2%	-2.1%
Q4 24	44.6%	5.6%
Q3 24	32.3%	5.8%
Q2 24	32.7%	5.3%
Q1 24	34.4%	1.6%

EPS (diluted)

DOCS

PRA

Q4 25	$0.31	$0.65
Q3 25	$0.31	$0.03
Q2 25	$0.27	$0.42
Q1 25	$0.31	$-0.11
Q4 24	$0.37	$0.32
Q3 24	$0.22	$0.32
Q2 24	$0.21	$0.30
Q1 24	$0.20	$0.09

Balance Sheet & Financial Strength

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

Metric	DOCS	PRA
Cash + ST InvestmentsLiquidity on hand	$64.8M	$36.5M
Total DebtLower is stronger	—	$420.4M
Stockholders' EquityBook value	$979.3M	$1.3B
Total Assets	$1.2B	$5.4B
Debt / EquityLower = less leverage	—	0.31×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments

DOCS

PRA

Q4 25	$64.8M	$36.5M
Q3 25	$169.2M	$54.5M
Q2 25	$137.3M	$41.6M
Q1 25	$209.6M	$43.5M
Q4 24	$165.3M	$54.9M
Q3 24	$184.2M	$45.3M
Q2 24	$111.4M	$36.9M
Q1 24	$96.8M	$65.4M

Total Debt

DOCS

PRA

Q4 25	—	$420.4M
Q3 25	—	$421.5M
Q2 25	—	$422.6M
Q1 25	—	$423.7M
Q4 24	—	$424.9M
Q3 24	—	$425.9M
Q2 24	—	$426.9M
Q1 24	—	$427.8M

Stockholders' Equity

DOCS

PRA

Q4 25	$979.3M	$1.3B
Q3 25	$1.1B	$1.3B
Q2 25	$1.0B	$1.3B
Q1 25	$1.1B	$1.2B
Q4 24	$1.0B	$1.2B
Q3 24	$961.2M	$1.2B
Q2 24	$913.6M	$1.1B
Q1 24	$901.4M	$1.1B

Total Assets

DOCS

PRA

Q4 25	$1.2B	$5.4B
Q3 25	$1.3B	$5.6B
Q2 25	$1.2B	$5.5B
Q1 25	$1.3B	$5.5B
Q4 24	$1.2B	$5.6B
Q3 24	$1.1B	$5.7B
Q2 24	$1.1B	$5.6B
Q1 24	$1.1B	$5.7B

Debt / Equity

DOCS

PRA

Q4 25	—	0.31×
Q3 25	—	0.32×
Q2 25	—	0.33×
Q1 25	—	0.34×
Q4 24	—	0.35×
Q3 24	—	0.35×
Q2 24	—	0.38×
Q1 24	—	0.38×

Cash Flow & Capital Efficiency

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

Metric	DOCS	PRA
Operating Cash FlowLast quarter	$60.9M	$-25.6M
Free Cash FlowOCF − Capex	—	—
FCF MarginFCF / Revenue	—	—
Capex IntensityCapex / Revenue	—	—
Cash ConversionOCF / Net Profit	0.99×	-0.77×
TTM Free Cash FlowTrailing 4 quarters	—	—