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Side-by-side financial comparison of Doximity, Inc. (DOCS) and TANGER INC. (SKT). Click either name above to swap in a different company.
Doximity, Inc. is the larger business by last-quarter revenue ($185.1M vs $150.4M, roughly 1.2× TANGER INC.). Doximity, Inc. runs the higher net margin — 33.3% vs 19.6%, a 13.7% gap on every dollar of revenue. On growth, TANGER INC. posted the faster year-over-year revenue change (11.1% vs 9.8%). Over the past eight quarters, Doximity, Inc.'s revenue compounded faster (25.2% CAGR vs 8.0%).
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.
Tanger Inc. is a real estate investment trust headquartered in Greensboro, North Carolina, that invests in open air outlet and lifestyle shopping centers in the United States and Canada.
DOCS vs SKT — Head-to-Head
Income Statement — Q3 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $185.1M | $150.4M |
| Net Profit | $61.6M | $29.4M |
| Gross Margin | 89.9% | — |
| Operating Margin | 38.9% | — |
| Net Margin | 33.3% | 19.6% |
| Revenue YoY | 9.8% | 11.1% |
| Net Profit YoY | -18.1% | 47.1% |
| EPS (diluted) | $0.31 | $1.05 |
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 | — | $150.4M | ||
| Q4 25 | $185.1M | $151.0M | ||
| Q3 25 | $168.5M | $145.2M | ||
| Q2 25 | $145.9M | $140.7M | ||
| Q1 25 | $138.3M | $135.4M | ||
| Q4 24 | $168.6M | $132.2M | ||
| Q3 24 | $136.8M | $133.0M | ||
| Q2 24 | $126.7M | $129.0M |
| Q1 26 | — | $29.4M | ||
| Q4 25 | $61.6M | — | ||
| Q3 25 | $62.1M | $32.0M | ||
| Q2 25 | $53.3M | $30.1M | ||
| Q1 25 | $62.5M | $19.2M | ||
| Q4 24 | $75.2M | — | ||
| Q3 24 | $44.2M | $24.9M | ||
| Q2 24 | $41.4M | $24.8M |
| 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 | — | — | ||
| Q4 25 | 38.9% | — | ||
| Q3 25 | 37.8% | 20.1% | ||
| Q2 25 | 37.4% | 20.1% | ||
| Q1 25 | 35.2% | 13.0% | ||
| Q4 24 | 47.4% | — | ||
| Q3 24 | 38.8% | 17.8% | ||
| Q2 24 | 36.4% | 17.8% |
| Q1 26 | — | 19.6% | ||
| Q4 25 | 33.3% | — | ||
| Q3 25 | 36.8% | 22.1% | ||
| Q2 25 | 36.5% | 21.4% | ||
| Q1 25 | 45.2% | 14.2% | ||
| Q4 24 | 44.6% | — | ||
| Q3 24 | 32.3% | 18.7% | ||
| Q2 24 | 32.7% | 19.3% |
| Q1 26 | — | $1.05 | ||
| Q4 25 | $0.31 | — | ||
| Q3 25 | $0.31 | $0.28 | ||
| Q2 25 | $0.27 | $0.26 | ||
| Q1 25 | $0.31 | $0.17 | ||
| Q4 24 | $0.37 | — | ||
| Q3 24 | $0.22 | $0.22 | ||
| Q2 24 | $0.21 | $0.22 |
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 | $227.4M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $979.3M | $697.8M |
| Total Assets | $1.2B | $2.8B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $227.4M | ||
| Q4 25 | $64.8M | $18.1M | ||
| Q3 25 | $169.2M | $13.0M | ||
| Q2 25 | $137.3M | $9.7M | ||
| Q1 25 | $209.6M | $10.2M | ||
| Q4 24 | $165.3M | $47.0M | ||
| Q3 24 | $184.2M | $11.1M | ||
| Q2 24 | $111.4M | $11.3M |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | $1.6B | ||
| Q2 25 | — | $1.5B | ||
| Q1 25 | — | $1.6B | ||
| Q4 24 | — | $1.4B | ||
| Q3 24 | — | $1.4B | ||
| Q2 24 | — | $1.5B |
| Q1 26 | — | $697.8M | ||
| Q4 25 | $979.3M | — | ||
| Q3 25 | $1.1B | $703.6M | ||
| Q2 25 | $1.0B | $635.2M | ||
| Q1 25 | $1.1B | $633.9M | ||
| Q4 24 | $1.0B | $652.4M | ||
| Q3 24 | $961.2M | $568.3M | ||
| Q2 24 | $913.6M | $553.7M |
| Q1 26 | — | $2.8B | ||
| Q4 25 | $1.2B | — | ||
| Q3 25 | $1.3B | $2.6B | ||
| Q2 25 | $1.2B | $2.5B | ||
| Q1 25 | $1.3B | $2.5B | ||
| Q4 24 | $1.2B | $2.4B | ||
| Q3 24 | $1.1B | $2.3B | ||
| Q2 24 | $1.1B | $2.3B |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 2.29× | ||
| Q2 25 | — | 2.40× | ||
| Q1 25 | — | 2.47× | ||
| Q4 24 | — | 2.18× | ||
| Q3 24 | — | 2.51× | ||
| Q2 24 | — | 2.64× |
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 | — | 6.6% |
| 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 | — | ||
| Q3 25 | $93.9M | $74.3M | ||
| Q2 25 | $62.1M | $82.0M | ||
| Q1 25 | $98.5M | $41.4M | ||
| Q4 24 | $65.2M | — | ||
| Q3 24 | $68.3M | $65.2M | ||
| Q2 24 | $41.2M | $72.8M |
| Q1 26 | — | 6.6% | ||
| 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× | — | ||
| Q3 25 | 1.51× | 2.32× | ||
| Q2 25 | 1.16× | 2.73× | ||
| Q1 25 | 1.58× | 2.16× | ||
| Q4 24 | 0.87× | — | ||
| Q3 24 | 1.55× | 2.62× | ||
| Q2 24 | 1.00× | 2.93× |
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% |
SKT
| Rental revenue | $143.5M | 95% |
| Other revenue | $4.7M | 3% |
| Management, leasing and other services | $2.2M | 1% |
