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Side-by-side financial comparison of Doximity, Inc. (DOCS) and TACTILE SYSTEMS TECHNOLOGY INC (TCMD). Click either name above to swap in a different company.
Doximity, Inc. is the larger business by last-quarter revenue ($185.1M vs $103.6M, roughly 1.8× TACTILE SYSTEMS TECHNOLOGY INC). Doximity, Inc. runs the higher net margin — 33.3% vs 10.3%, a 23.0% gap on every dollar of revenue. On growth, TACTILE SYSTEMS TECHNOLOGY INC posted the faster year-over-year revenue change (21.0% vs 9.8%). Over the past eight quarters, TACTILE SYSTEMS TECHNOLOGY INC's revenue compounded faster (30.2% CAGR vs 25.2%).
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.
Dominion Voting Systems Corporation was a North American company that produced and sold electronic voting hardware and software, including voting machines and tabulators, in Canada and the United States.
DOCS vs TCMD — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $185.1M | $103.6M |
| Net Profit | $61.6M | $10.6M |
| Gross Margin | 89.9% | 78.2% |
| Operating Margin | 38.9% | 18.1% |
| Net Margin | 33.3% | 10.3% |
| Revenue YoY | 9.8% | 21.0% |
| Net Profit YoY | -18.1% | 9.4% |
| EPS (diluted) | $0.31 | $0.45 |
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 | $103.6M | ||
| Q3 25 | $168.5M | $85.8M | ||
| Q2 25 | $145.9M | $78.9M | ||
| Q1 25 | $138.3M | $61.3M | ||
| Q4 24 | $168.6M | $85.6M | ||
| Q3 24 | $136.8M | $73.1M | ||
| Q2 24 | $126.7M | $73.2M | ||
| Q1 24 | $118.1M | $61.1M |
| Q4 25 | $61.6M | $10.6M | ||
| Q3 25 | $62.1M | $8.2M | ||
| Q2 25 | $53.3M | $3.2M | ||
| Q1 25 | $62.5M | $-3.0M | ||
| Q4 24 | $75.2M | $9.7M | ||
| Q3 24 | $44.2M | $5.2M | ||
| Q2 24 | $41.4M | $4.3M | ||
| Q1 24 | $40.6M | $-2.2M |
| Q4 25 | 89.9% | 78.2% | ||
| Q3 25 | 90.3% | 75.8% | ||
| Q2 25 | 89.2% | 74.5% | ||
| Q1 25 | 89.5% | 74.0% | ||
| Q4 24 | 91.6% | 75.2% | ||
| Q3 24 | 90.0% | 75.0% | ||
| Q2 24 | 89.3% | 73.9% | ||
| Q1 24 | 89.4% | 71.1% |
| Q4 25 | 38.9% | 18.1% | ||
| Q3 25 | 37.8% | 12.8% | ||
| Q2 25 | 37.4% | 5.2% | ||
| Q1 25 | 35.2% | -7.4% | ||
| Q4 24 | 47.4% | 14.6% | ||
| Q3 24 | 38.8% | 9.3% | ||
| Q2 24 | 36.4% | 8.0% | ||
| Q1 24 | 35.5% | -4.9% |
| Q4 25 | 33.3% | 10.3% | ||
| Q3 25 | 36.8% | 9.6% | ||
| Q2 25 | 36.5% | 4.1% | ||
| Q1 25 | 45.2% | -4.9% | ||
| Q4 24 | 44.6% | 11.4% | ||
| Q3 24 | 32.3% | 7.1% | ||
| Q2 24 | 32.7% | 5.9% | ||
| Q1 24 | 34.4% | -3.6% |
| Q4 25 | $0.31 | $0.45 | ||
| Q3 25 | $0.31 | $0.36 | ||
| Q2 25 | $0.27 | $0.14 | ||
| Q1 25 | $0.31 | $-0.13 | ||
| Q4 24 | $0.37 | $0.40 | ||
| Q3 24 | $0.22 | $0.21 | ||
| Q2 24 | $0.21 | $0.18 | ||
| 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 | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $64.8M | $83.4M |
| Total DebtLower is stronger | — | $0 |
| Stockholders' EquityBook value | $979.3M | $218.9M |
| Total Assets | $1.2B | $273.9M |
| Debt / EquityLower = less leverage | — | 0.00× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $64.8M | $83.4M | ||
| Q3 25 | $169.2M | $66.0M | ||
| Q2 25 | $137.3M | $81.5M | ||
| Q1 25 | $209.6M | $83.6M | ||
| Q4 24 | $165.3M | $94.4M | ||
| Q3 24 | $184.2M | $82.1M | ||
| Q2 24 | $111.4M | $73.6M | ||
| Q1 24 | $96.8M | $60.7M |
| Q4 25 | — | $0 | ||
| Q3 25 | — | $0 | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $27.0M | ||
| Q2 24 | — | $27.8M | ||
| Q1 24 | — | $28.5M |
| Q4 25 | $979.3M | $218.9M | ||
| Q3 25 | $1.1B | $204.9M | ||
| Q2 25 | $1.0B | $194.9M | ||
| Q1 25 | $1.1B | $205.6M | ||
| Q4 24 | $1.0B | $216.6M | ||
| Q3 24 | $961.2M | $207.9M | ||
| Q2 24 | $913.6M | $200.7M | ||
| Q1 24 | $901.4M | $193.5M |
| Q4 25 | $1.2B | $273.9M | ||
| Q3 25 | $1.3B | $259.2M | ||
| Q2 25 | $1.2B | $273.0M | ||
| Q1 25 | $1.3B | $280.2M | ||
| Q4 24 | $1.2B | $297.9M | ||
| Q3 24 | $1.1B | $287.7M | ||
| Q2 24 | $1.1B | $278.8M | ||
| Q1 24 | $1.1B | $272.0M |
| Q4 25 | — | 0.00× | ||
| Q3 25 | — | 0.00× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 0.13× | ||
| Q2 24 | — | 0.14× | ||
| Q1 24 | — | 0.15× |
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 | $17.3M |
| Free Cash FlowOCF − Capex | — | $16.8M |
| FCF MarginFCF / Revenue | — | 16.2% |
| Capex IntensityCapex / Revenue | — | 0.5% |
| Cash ConversionOCF / Net Profit | 0.99× | 1.63× |
| TTM Free Cash FlowTrailing 4 quarters | — | $40.4M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $60.9M | $17.3M | ||
| Q3 25 | $93.9M | $10.3M | ||
| Q2 25 | $62.1M | $14.8M | ||
| Q1 25 | $98.5M | $417.0K | ||
| Q4 24 | $65.2M | $16.3M | ||
| Q3 24 | $68.3M | $10.3M | ||
| Q2 24 | $41.2M | $13.1M | ||
| Q1 24 | $63.9M | $924.0K |
| Q4 25 | — | $16.8M | ||
| Q3 25 | — | $9.2M | ||
| Q2 25 | — | $14.4M | ||
| Q1 25 | — | $38.0K | ||
| Q4 24 | — | $15.9M | ||
| Q3 24 | — | $9.3M | ||
| Q2 24 | — | $12.6M | ||
| Q1 24 | — | $442.0K |
| Q4 25 | — | 16.2% | ||
| Q3 25 | — | 10.8% | ||
| Q2 25 | — | 18.2% | ||
| Q1 25 | — | 0.1% | ||
| Q4 24 | — | 18.5% | ||
| Q3 24 | — | 12.7% | ||
| Q2 24 | — | 17.3% | ||
| Q1 24 | — | 0.7% |
| Q4 25 | — | 0.5% | ||
| Q3 25 | — | 1.3% | ||
| Q2 25 | — | 0.5% | ||
| Q1 25 | 0.0% | 0.6% | ||
| Q4 24 | 0.0% | 0.5% | ||
| Q3 24 | 0.0% | 1.3% | ||
| Q2 24 | 0.0% | 0.7% | ||
| Q1 24 | 0.0% | 0.8% |
| Q4 25 | 0.99× | 1.63× | ||
| Q3 25 | 1.51× | 1.26× | ||
| Q2 25 | 1.16× | 4.59× | ||
| Q1 25 | 1.58× | — | ||
| Q4 24 | 0.87× | 1.68× | ||
| Q3 24 | 1.55× | 1.99× | ||
| Q2 24 | 1.00× | 3.06× | ||
| Q1 24 | 1.57× | — |
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% |
TCMD
| Private Insurers | $57.6M | 56% |
| Medicare | $24.6M | 24% |
| Durable Medical Equipment Distributors | $14.1M | 14% |
| Veterans Administration | $7.3M | 7% |
