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

RideNow Group, Inc. is the larger business by last-quarter revenue ($256.9M vs $185.1M, roughly 1.4× Doximity, Inc.). Doximity, Inc. runs the higher net margin — 33.3% vs -2.5%, a 35.8% gap on every dollar of revenue. On growth, Doximity, Inc. posted the faster year-over-year revenue change (9.8% vs -4.7%). Over the past eight quarters, Doximity, Inc.'s revenue compounded faster (25.2% CAGR vs -8.6%).

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.

RideNow Group, Inc. is a leading U.S. retailer of new and used powersports vehicles, including motorcycles, all-terrain vehicles, side-by-sides, personal watercraft, and snowmobiles. It also offers related parts, repair services, and financing options for powersports enthusiasts across over 20 U.S. states.

DOCS vs RDNW — Head-to-Head

Bigger by revenue
RDNW
RDNW
1.4× larger
RDNW
$256.9M
$185.1M
DOCS
Growing faster (revenue YoY)
DOCS
DOCS
+14.5% gap
DOCS
9.8%
-4.7%
RDNW
Higher net margin
DOCS
DOCS
35.8% more per $
DOCS
33.3%
-2.5%
RDNW
Faster 2-yr revenue CAGR
DOCS
DOCS
Annualised
DOCS
25.2%
-8.6%
RDNW

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
DOCS
DOCS
RDNW
RDNW
Revenue
$185.1M
$256.9M
Net Profit
$61.6M
$-6.4M
Gross Margin
89.9%
27.6%
Operating Margin
38.9%
2.1%
Net Margin
33.3%
-2.5%
Revenue YoY
9.8%
-4.7%
Net Profit YoY
-18.1%
88.7%
EPS (diluted)
$0.31
$-0.16

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
RDNW
RDNW
Q4 25
$185.1M
$256.9M
Q3 25
$168.5M
$281.0M
Q2 25
$145.9M
$299.9M
Q1 25
$138.3M
$244.7M
Q4 24
$168.6M
$269.6M
Q3 24
$136.8M
$295.0M
Q2 24
$126.7M
$336.8M
Q1 24
$118.1M
$307.8M
Net Profit
DOCS
DOCS
RDNW
RDNW
Q4 25
$61.6M
$-6.4M
Q3 25
$62.1M
$-4.1M
Q2 25
$53.3M
$-32.2M
Q1 25
$62.5M
$-9.7M
Q4 24
$75.2M
$-56.4M
Q3 24
$44.2M
$-11.2M
Q2 24
$41.4M
$-700.0K
Q1 24
$40.6M
$-10.3M
Gross Margin
DOCS
DOCS
RDNW
RDNW
Q4 25
89.9%
27.6%
Q3 25
90.3%
27.0%
Q2 25
89.2%
28.0%
Q1 25
89.5%
27.5%
Q4 24
91.6%
25.0%
Q3 24
90.0%
25.2%
Q2 24
89.3%
26.7%
Q1 24
89.4%
26.8%
Operating Margin
DOCS
DOCS
RDNW
RDNW
Q4 25
38.9%
2.1%
Q3 25
37.8%
3.3%
Q2 25
37.4%
-6.3%
Q1 25
35.2%
1.6%
Q4 24
47.4%
-15.2%
Q3 24
38.8%
1.8%
Q2 24
36.4%
4.6%
Q1 24
35.5%
1.7%
Net Margin
DOCS
DOCS
RDNW
RDNW
Q4 25
33.3%
-2.5%
Q3 25
36.8%
-1.5%
Q2 25
36.5%
-10.7%
Q1 25
45.2%
-4.0%
Q4 24
44.6%
-20.9%
Q3 24
32.3%
-3.8%
Q2 24
32.7%
-0.2%
Q1 24
34.4%
-3.3%
EPS (diluted)
DOCS
DOCS
RDNW
RDNW
Q4 25
$0.31
$-0.16
Q3 25
$0.31
$-0.11
Q2 25
$0.27
$-0.85
Q1 25
$0.31
$-0.26
Q4 24
$0.37
$-1.59
Q3 24
$0.22
$-0.32
Q2 24
$0.21
$-0.02
Q1 24
$0.20
$-0.29

Balance Sheet & Financial Strength

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

Metric
DOCS
DOCS
RDNW
RDNW
Cash + ST InvestmentsLiquidity on hand
$64.8M
$29.5M
Total DebtLower is stronger
$218.8M
Stockholders' EquityBook value
$979.3M
$-12.5M
Total Assets
$1.2B
$673.6M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DOCS
DOCS
RDNW
RDNW
Q4 25
$64.8M
$29.5M
Q3 25
$169.2M
$35.4M
Q2 25
$137.3M
$44.7M
Q1 25
$209.6M
$41.1M
Q4 24
$165.3M
$85.3M
Q3 24
$184.2M
$50.1M
Q2 24
$111.4M
$58.1M
Q1 24
$96.8M
$50.3M
Total Debt
DOCS
DOCS
RDNW
RDNW
Q4 25
$218.8M
Q3 25
$207.5M
Q2 25
$218.4M
Q1 25
$215.5M
Q4 24
$267.4M
Q3 24
$249.0M
Q2 24
$247.7M
Q1 24
$245.2M
Stockholders' Equity
DOCS
DOCS
RDNW
RDNW
Q4 25
$979.3M
$-12.5M
Q3 25
$1.1B
$-6.9M
Q2 25
$1.0B
$-4.7M
Q1 25
$1.1B
$26.9M
Q4 24
$1.0B
$36.7M
Q3 24
$961.2M
$83.3M
Q2 24
$913.6M
$93.4M
Q1 24
$901.4M
$92.7M
Total Assets
DOCS
DOCS
RDNW
RDNW
Q4 25
$1.2B
$673.6M
Q3 25
$1.3B
$699.4M
Q2 25
$1.2B
$712.3M
Q1 25
$1.3B
$738.9M
Q4 24
$1.2B
$755.2M
Q3 24
$1.1B
$830.5M
Q2 24
$1.1B
$896.0M
Q1 24
$1.1B
$898.7M
Debt / Equity
DOCS
DOCS
RDNW
RDNW
Q4 25
Q3 25
Q2 25
Q1 25
8.01×
Q4 24
7.29×
Q3 24
2.99×
Q2 24
2.65×
Q1 24
2.65×

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
RDNW
RDNW
Operating Cash FlowLast quarter
$60.9M
$400.0K
Free Cash FlowOCF − Capex
$-200.0K
FCF MarginFCF / Revenue
-0.1%
Capex IntensityCapex / Revenue
0.2%
Cash ConversionOCF / Net Profit
0.99×
TTM Free Cash FlowTrailing 4 quarters
$10.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DOCS
DOCS
RDNW
RDNW
Q4 25
$60.9M
$400.0K
Q3 25
$93.9M
$11.5M
Q2 25
$62.1M
$10.9M
Q1 25
$98.5M
$-6.9M
Q4 24
$65.2M
$30.8M
Q3 24
$68.3M
$39.4M
Q2 24
$41.2M
$12.2M
Q1 24
$63.9M
$17.0M
Free Cash Flow
DOCS
DOCS
RDNW
RDNW
Q4 25
$-200.0K
Q3 25
$9.4M
Q2 25
$8.5M
Q1 25
$-7.4M
Q4 24
$30.4M
Q3 24
$38.8M
Q2 24
$11.8M
Q1 24
$16.4M
FCF Margin
DOCS
DOCS
RDNW
RDNW
Q4 25
-0.1%
Q3 25
3.3%
Q2 25
2.8%
Q1 25
-3.0%
Q4 24
11.3%
Q3 24
13.2%
Q2 24
3.5%
Q1 24
5.3%
Capex Intensity
DOCS
DOCS
RDNW
RDNW
Q4 25
0.2%
Q3 25
0.7%
Q2 25
0.8%
Q1 25
0.0%
0.2%
Q4 24
0.0%
0.1%
Q3 24
0.0%
0.2%
Q2 24
0.0%
0.1%
Q1 24
0.0%
0.2%
Cash Conversion
DOCS
DOCS
RDNW
RDNW
Q4 25
0.99×
Q3 25
1.51×
Q2 25
1.16×
Q1 25
1.58×
Q4 24
0.87×
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%

RDNW
RDNW

Powersports New Vehicles$133.5M52%
Parts And Other Revenue$48.5M19%
Powersports Pre Owned Vehicles$45.8M18%
Finance And Insurance$24.1M9%
Vehicle Transportation Services Segment$800.0K0%

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