Symbols / DOCS Stock $23.39 -11.57% Doximity, Inc.

Healthcare • Health Information Services • United States • NYQ
DOCS (Stock) Chart
O: — H: — L: — C: — V: —
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Stock Fundamentals
Scroll to Statements
Index EQUITY
Sector Healthcare
Industry Health Information Services
CEO Mr. Jeffrey A. Tangney
Exch · Country NYQ · United States
Market Cap 4.40B
Enterprise Value 4.16B
Income 239.40M
Sales 637.78M
FCF (ttm) 213.63M
Book/sh 5.29
Cash/sh 3.98
Employees 830
Insider 10d —
IPO Jun 24, 2021
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 0.00%
P/E 19.66
Forward P/E 14.43
PEG 0.73
P/S 6.90
P/B 4.42
P/C —
EV/EBITDA 16.95
EV/Sales 6.52
Quick Ratio 6.00
Current Ratio 6.63
Debt/Eq 1.09
LT Debt/Eq —
EPS (ttm) 1.19
EPS next Y 1.62
EPS Growth -16.20%
Revenue Growth 9.80%
EPS Gr Q/Q -18.10%
Rev Gr Q/Q —
Earnings (next) 2026-05-13
Earnings (prior) 2026-02-05
ROA 12.84%
ROE 23.82%
ROIC —
Gross Margin 89.75%
Oper. Margin 38.89%
Profit Margin 37.54%
Shs Outstand 133.81M
Shs Float 130.57M
Insider Own 2.51%
Instit Own 95.69%
Short Float 11.52%
Short Ratio 5.32
Short Interest 15.06M
52W High 76.51
vs 52W High -69.43%
52W Low 20.55
vs 52W Low 13.82%
Beta 1.35
Impl. Vol. 2.88%
Rel Volume 3.24
Avg Volume 2.93M
Volume 9.48M
Target (mean) $37.77
Tgt Median $36.00
Tgt Low $25.00
Tgt High $55.00
# Analysts 22
Recom Buy
Prev Close $26.45
Price $23.39
Change -11.57%
About

Doximity, Inc. operates as a digital platform for medical professionals in the United States. Its platform provides its members with digital tools built for medicine, that enables its members to collaborate with colleagues, stay up to date with the latest medical news and research, manage their careers and on-call schedules, streamline documentation and administrative paperwork, and conduct virtual patient visits. The company primarily serves physicians, nurse practitioners, physician assistants, medical students, pharmaceutical manufacturers, and healthcare systems. The company was formerly known as 3MD Communications, Inc. and changed its name to Doximity, Inc. in June 2010. Doximity, Inc. was incorporated in 2010 and is headquartered in San Francisco, California.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$37.77
Mean price target
2. Current target
$23.39
Latest analyst target
3. DCF / Fair value
$28.74
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$23.39
Low
$25.00
High
$55.00
Mean
$37.77

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-05-11 main Wells Fargo Overweight → Overweight $32
2026-04-20 down Truist Securities Buy → Hold $29
2026-04-16 main B of A Securities Buy → Buy $47
2026-04-13 main Keybanc Overweight → Overweight $30
2026-04-09 main Goldman Sachs Neutral → Neutral $28
2026-04-08 down Evercore ISI Group Outperform → In-Line $25
2026-03-18 init Freedom Capital Markets — → Buy $31
2026-03-09 reit RBC Capital Outperform → Outperform $44
2026-02-20 main JP Morgan Neutral → Neutral $33
2026-02-20 main Piper Sandler Overweight → Overweight $42
2026-02-11 main Barclays Overweight → Overweight $38
2026-02-10 main Mizuho Neutral → Neutral $34
2026-02-09 up Canaccord Genuity Hold → Buy $34
2026-02-09 main Goldman Sachs Neutral → Neutral $34
2026-02-06 main Wells Fargo Overweight → Overweight $45
2026-02-06 up JP Morgan Underweight → Neutral $40
2026-02-06 main Morgan Stanley Overweight → Overweight $49
2026-02-06 main Piper Sandler Overweight → Overweight $40
2026-02-06 main Truist Securities Buy → Buy $37
2026-02-06 main Needham Buy → Buy $55
News
RSS: Latest DOCS news
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-05-07 WAMPLER KIRA SCHERER Director — 9,000 — —
2026-05-07 WAMPLER KIRA SCHERER Director — 9,000 $26.06 $234,540
2026-04-10 SITARAM SIDDHARTH Chief Financial Officer — 5,000 — —
2026-04-10 SITARAM SIDDHARTH Chief Financial Officer — 2,427 $21.09 $51,185
2026-03-10 SITARAM SIDDHARTH Chief Financial Officer — 5,000 — —
2026-03-10 SITARAM SIDDHARTH Chief Financial Officer — 2,319 $25.37 $58,833
2026-03-03 WAMPLER KIRA SCHERER Director — 2,000 — —
2026-03-03 WAMPLER KIRA SCHERER Director — 2,000 $26.00 $52,000
2026-02-13 BRYSON ANNA COLLINS Chief Financial Officer — 152,258 $0.00 $0
2026-02-13 SITARAM SIDDHARTH Officer — 10,376 $0.00 $8,167
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-03-31 2024-03-31 2023-03-31 2022-03-31
Total Revenue
570.40
+19.98%
475.42
+13.45%
419.05
+21.98%
343.55
Operating Revenue
543.77
+20.82%
450.07
+15.48%
389.74
+22.06%
319.30
Cost Of Revenue
55.87
+10.27%
50.67
-5.27%
53.49
+34.44%
39.79
Reconciled Cost Of Revenue
55.87
+10.27%
50.67
-5.27%
53.49
+34.44%
39.79
Gross Profit
514.52
+21.14%
424.75
+16.19%
365.56
+20.35%
303.76
Operating Expense
284.42
+12.45%
252.94
+5.19%
240.45
+26.41%
190.22
Research And Development
93.04
+13.48%
81.98
+2.24%
80.19
+28.61%
62.35
Selling General And Administration
191.38
+11.95%
170.96
+6.67%
160.27
+25.33%
127.88
Selling And Marketing Expense
145.71
+9.45%
133.13
+7.78%
123.52
+34.08%
92.13
General And Administrative Expense
45.67
+20.73%
37.83
+2.94%
36.74
+2.79%
35.75
Other Gand A
45.67
+20.73%
37.83
+2.94%
36.74
+2.79%
35.75
Total Expenses
340.30
+12.08%
303.61
+3.29%
293.94
+27.80%
230.01
Operating Income
230.10
+33.93%
171.81
+37.33%
125.11
+10.19%
113.54
Total Operating Income As Reported
227.80
+39.01%
163.88
+30.99%
125.11
+10.19%
113.54
EBITDA
240.76
+32.23%
182.08
+34.48%
135.39
+14.18%
118.58
Normalized EBITDA
242.90
+27.56%
190.42
+39.52%
136.48
+13.92%
119.81
Reconciled Depreciation
10.66
+3.84%
10.27
-0.18%
10.28
+104.03%
5.04
EBIT
230.10
+33.93%
171.81
+37.33%
125.11
+10.19%
113.54
Total Unusual Items
-2.13
+74.39%
-8.34
-662.85%
-1.09
+11.21%
-1.23
Total Unusual Items Excluding Goodwill
-2.13
+74.39%
-8.34
-662.85%
-1.09
+11.21%
-1.23
Special Income Charges
-2.30
+70.97%
-7.94
0.00
0.00
Restructuring And Mergern Acquisition
—
7.94
0.00
0.00
Net Income
223.19
+51.23%
147.58
+30.81%
112.82
-27.11%
154.78
Pretax Income
263.57
+42.32%
185.20
+39.09%
133.16
+16.80%
114.00
Net Non Operating Interest Income Expense
35.85
+65.49%
21.66
+133.27%
9.29
+332.36%
2.15
Net Interest Income
35.85
+65.49%
21.66
+133.27%
9.29
+332.36%
2.15
Interest Income Non Operating
35.85
+65.49%
21.66
+133.27%
9.29
+332.36%
2.15
Interest Income
35.85
+65.49%
21.66
+133.27%
9.29
+332.36%
2.15
Other Income Expense
-2.38
+71.22%
-8.28
-567.96%
-1.24
+26.21%
-1.68
Other Non Operating Income Expenses
-0.25
-498.39%
0.06
+142.47%
-0.15
+67.41%
-0.45
Gain On Sale Of Security
0.17
+142.04%
-0.40
+63.22%
-1.09
+11.21%
-1.23
Gain On Sale Of Business
—
—
0.00
0.00
Tax Provision
40.39
+7.36%
37.62
+84.97%
20.34
+149.87%
-40.78
Tax Rate For Calcs
0.00
-24.56%
0.00
+32.99%
0.00
-27.27%
0.00
Tax Effect Of Unusual Items
-0.33
+80.68%
-1.69
-914.54%
-0.17
+35.42%
-0.26
Net Income Including Noncontrolling Interests
223.19
+51.23%
147.58
+30.81%
112.82
-27.11%
154.78
Net Income From Continuing Operation Net Minority Interest
223.19
+51.23%
147.58
+30.81%
112.82
-27.11%
154.78
Net Income From Continuing And Discontinued Operation
223.19
+51.23%
147.58
+30.81%
112.82
-27.11%
154.78
Net Income Continuous Operations
223.19
+51.23%
147.58
+30.81%
112.82
-27.11%
154.78
Normalized Income
224.99
+45.88%
154.23
+35.59%
113.74
-26.97%
155.76
Net Income Common Stockholders
223.19
+51.23%
147.58
+30.81%
112.82
-15.34%
133.26
Otherunder Preferred Stock Dividend
—
0.00
0.00
-100.00%
21.53
Diluted EPS
1.11
+54.17%
0.72
+35.85%
0.53
-24.29%
0.70
Basic EPS
1.19
+52.56%
0.78
+34.48%
0.58
-29.27%
0.82
Basic Average Shares
186.84
-1.75%
190.17
-1.56%
193.18
+18.16%
163.48
Diluted Average Shares
201.21
-2.20%
205.73
-3.60%
213.43
+11.73%
191.02
Diluted NI Availto Com Stockholders
223.19
+51.23%
147.58
+30.81%
112.82
-15.34%
133.26
Line Item Trend 2025-03-31 2024-03-31 2023-03-31 2022-03-31
Total Assets
1,264.31
+17.13%
1,079.37
-5.06%
1,136.89
+14.68%
991.36
Current Assets
1,088.62
+19.24%
912.94
-6.41%
975.45
+7.89%
904.14
Cash Cash Equivalents And Short Term Investments
915.66
+20.02%
762.90
-9.29%
841.00
+5.37%
798.11
Cash And Cash Equivalents
209.61
+116.58%
96.78
-38.75%
158.03
+40.08%
112.81
Other Short Term Investments
706.05
+6.00%
666.12
-2.47%
682.97
-0.34%
685.30
Receivables
128.35
+26.67%
101.33
-5.34%
107.05
+32.04%
81.07
Accounts Receivable
128.35
+26.67%
101.33
-5.34%
107.05
+32.04%
81.07
Gross Accounts Receivable
130.29
+26.22%
103.22
-4.36%
107.93
+32.54%
81.43
Allowance For Doubtful Accounts Receivable
-1.94
-2.32%
-1.89
-113.42%
-0.89
-147.08%
-0.36
Prepaid Assets
—
—
—
19.44
Current Deferred Assets
—
—
5.12
-7.15%
5.51
Other Current Assets
44.60
-8.43%
48.71
+77.72%
27.41
+40.99%
19.44
Total Non Current Assets
175.69
+5.56%
166.43
+3.10%
161.44
+85.09%
87.22
Net PPE
22.54
-8.55%
24.65
-1.79%
25.10
+162.12%
9.57
Gross PPE
47.49
+8.60%
43.73
+13.07%
38.67
+114.31%
18.05
Accumulated Depreciation
-24.95
-30.76%
-19.08
-40.55%
-13.57
-60.27%
-8.47
Properties
0.00
0.00
0.00
0.00
Machinery Furniture Equipment
37.79
+24.28%
30.41
+26.87%
23.97
+48.29%
16.16
Construction In Progress
—
—
20.41
+35.52%
15.06
Other Properties
8.89
-27.94%
12.33
-10.76%
13.82
+1171.30%
1.09
Leases
0.82
-17.74%
0.99
+11.71%
0.89
+11.56%
0.80
Goodwill And Other Intangible Assets
91.01
-4.46%
95.26
-4.53%
99.78
+271.97%
26.82
Goodwill
67.94
+0.00%
67.94
+0.00%
67.94
+259.19%
18.91
Other Intangible Assets
23.07
-15.54%
27.32
-14.19%
31.84
+302.53%
7.91
Non Current Deferred Assets
60.01
+33.16%
45.07
+29.11%
34.91
-28.11%
48.56
Non Current Deferred Taxes Assets
60.01
+33.16%
45.07
+29.11%
34.91
-28.11%
48.56
Other Non Current Assets
2.12
+45.47%
1.46
-11.85%
1.65
-26.91%
2.26
Total Liabilities Net Minority Interest
181.68
+2.08%
177.98
+4.22%
170.77
+51.44%
112.76
Current Liabilities
156.26
+6.12%
147.25
+5.55%
139.51
+25.36%
111.28
Payables And Accrued Expenses
27.70
-11.17%
31.18
+51.40%
20.60
-1.21%
20.85
Payables
2.71
-83.33%
16.27
+486.13%
2.78
+122.44%
1.25
Accounts Payable
1.36
-39.81%
2.25
+77.12%
1.27
+174.73%
0.46
Current Accrued Expenses
24.99
+67.56%
14.91
-16.32%
17.82
-9.09%
19.60
Pensionand Other Post Retirement Benefit Plans Current
0.59
+18.35%
0.50
-15.79%
0.59
-5.15%
0.62
Total Tax Payable
1.36
-90.32%
14.02
+832.05%
1.50
+91.59%
0.79
Current Debt And Capital Lease Obligation
2.21
+2.89%
2.15
+22.66%
1.75
+172.90%
0.64
Current Capital Lease Obligation
2.21
+2.89%
2.15
+22.66%
1.75
+172.90%
0.64
Current Deferred Liabilities
114.28
+15.27%
99.14
-5.79%
105.24
+23.95%
84.91
Current Deferred Revenue
114.28
+15.27%
99.14
-5.79%
105.24
+23.95%
84.91
Other Current Liabilities
11.47
-19.63%
14.28
+25.99%
11.33
+165.82%
4.26
Total Non Current Liabilities Net Minority Interest
25.43
-17.25%
30.73
-1.72%
31.27
+2011.07%
1.48
Long Term Debt And Capital Lease Obligation
10.19
-17.84%
12.40
-10.72%
13.88
+3006.26%
0.45
Long Term Capital Lease Obligation
10.19
-17.84%
12.40
-10.72%
13.88
+3006.26%
0.45
Non Current Deferred Liabilities
0.28
+32.70%
0.21
+6.57%
0.20
+153.85%
0.08
Non Current Deferred Revenue
0.28
+32.70%
0.21
+6.57%
0.20
+153.85%
0.08
Other Non Current Liabilities
14.96
-17.42%
18.12
+5.45%
17.18
+1697.28%
0.96
Preferred Securities Outside Stock Equity
—
—
—
0.00
Stockholders Equity
1,082.62
+20.11%
901.40
-6.70%
966.12
+9.96%
878.59
Common Stock Equity
1,082.62
+20.11%
901.40
-6.70%
966.12
+9.96%
878.59
Capital Stock
0.19
+1.07%
0.19
-3.61%
0.19
+1.04%
0.19
Common Stock
0.19
+1.07%
0.19
-3.61%
0.19
+1.04%
0.19
Preferred Stock
0.00
0.00
0.00
0.00
Share Issued
188.88
+1.24%
186.56
-3.80%
193.94
+0.80%
192.40
Ordinary Shares Number
188.88
+1.24%
186.56
-3.80%
193.94
+0.80%
192.40
Additional Paid In Capital
894.23
+8.54%
823.88
+8.10%
762.15
+8.48%
702.59
Retained Earnings
186.89
+133.64%
79.99
-63.28%
217.85
+14.00%
191.11
Gains Losses Not Affecting Retained Earnings
1.32
+149.66%
-2.66
+81.08%
-14.08
+7.92%
-15.29
Other Equity Adjustments
1.32
+149.66%
-2.66
+81.08%
-14.08
+7.92%
-15.29
Total Equity Gross Minority Interest
1,082.62
+20.11%
901.40
-6.70%
966.12
+9.96%
878.59
Total Capitalization
1,082.62
+20.11%
901.40
-6.70%
966.12
+9.96%
878.59
Working Capital
932.36
+21.77%
765.69
-8.40%
835.95
+5.43%
792.86
Invested Capital
1,082.62
+20.11%
901.40
-6.70%
966.12
+9.96%
878.59
Total Debt
12.40
-14.78%
14.55
-6.98%
15.64
+1335.90%
1.09
Capital Lease Obligations
12.40
-14.78%
14.55
-6.98%
15.64
+1335.90%
1.09
Net Tangible Assets
991.61
+23.01%
806.14
-6.95%
866.34
+1.71%
851.77
Tangible Book Value
991.61
+23.01%
806.14
-6.95%
866.34
+1.71%
851.77
Line Item Trend 2025-03-31 2024-03-31 2023-03-31 2022-03-31
Operating Cash Flow
273.26
+48.44%
184.10
+2.50%
179.60
+41.89%
126.58
Cash Flow From Continuing Operating Activities
273.26
+48.44%
184.10
+2.50%
179.60
+41.89%
126.58
Net Income From Continuing Operations
223.19
+51.23%
147.58
+30.81%
112.82
-27.11%
154.78
Depreciation Amortization Depletion
10.66
+3.84%
10.27
-0.18%
10.28
+104.03%
5.04
Depreciation And Amortization
10.66
+3.84%
10.27
-0.18%
10.28
+104.03%
5.04
Other Non Cash Items
12.07
-10.74%
13.53
+1.27%
13.36
+17.97%
11.32
Stock Based Compensation
72.39
+41.72%
51.08
+6.78%
47.83
+52.13%
31.44
Asset Impairment Charge
2.30
0.00
0.00
—
Deferred Tax
-11.59
-34.90%
-8.59
-164.97%
13.23
+132.07%
-41.25
Deferred Income Tax
-11.59
-34.90%
-8.59
-164.97%
13.23
+132.07%
-41.25
Operating Gains Losses
—
0.40
-63.22%
1.09
-11.21%
1.23
Gain Loss On Investment Securities
—
0.40
-63.22%
1.09
-11.21%
1.23
Change In Working Capital
-24.10
+1.74%
-24.52
-16.60%
-21.03
+47.85%
-40.33
Change In Receivables
-27.21
-781.34%
3.99
+115.22%
-26.24
+15.39%
-31.02
Changes In Account Receivables
-27.21
-781.34%
3.99
+115.22%
-26.24
+15.39%
-31.02
Change In Prepaid Assets
2.76
+113.48%
-20.48
-494.05%
-3.45
+62.06%
-9.09
Change In Payables And Accrued Expense
-0.66
-107.96%
8.33
+4372.82%
-0.20
-102.25%
8.66
Change In Payable
-0.66
-107.96%
8.33
+4372.82%
-0.20
-102.25%
8.66
Change In Account Payable
-0.66
-107.96%
8.33
+4372.82%
-0.20
-102.25%
8.66
Change In Other Working Capital
3.16
+121.51%
-14.69
-262.03%
9.06
+216.50%
-7.78
Change In Other Current Liabilities
-2.15
-28.07%
-1.68
-687.79%
-0.21
+80.76%
-1.11
Investing Cash Flow
-29.30
-193.95%
31.19
+152.04%
-59.92
+90.65%
-640.57
Cash Flow From Continuing Investing Activities
-29.30
-193.95%
31.19
+152.04%
-59.92
+90.65%
-640.57
Net PPE Purchase And Sale
0.00
+100.00%
-0.15
+91.36%
-1.70
+11.04%
-1.91
Purchase Of PPE
0.00
+100.00%
-0.15
+91.36%
-1.70
+11.04%
-1.91
Capital Expenditure
-6.53
-12.48%
-5.80
+6.19%
-6.18
-8.55%
-5.70
Net Investment Purchase And Sale
-22.77
-161.57%
36.99
+15575.73%
-0.24
+99.96%
-635.47
Purchase Of Investment
-675.56
-42.86%
-472.87
-148.15%
-190.56
+85.53%
-1,317.19
Sale Of Investment
652.78
+28.03%
509.85
+167.89%
190.32
-72.08%
681.72
Net Business Purchase And Sale
0.00
0.00
+100.00%
-53.50
0.00
Purchase Of Business
0.00
0.00
+100.00%
-53.50
0.00
Gain Loss On Sale Of Business
—
—
0.00
0.00
Net Intangibles Purchase And Sale
-6.53
-15.41%
-5.65
-26.12%
-4.48
-18.44%
-3.79
Purchase Of Intangibles
-6.53
-15.41%
-5.65
-26.12%
-4.48
-18.44%
-3.79
Net Other Investing Changes
—
—
—
0.59
Financing Cash Flow
-131.14
+52.58%
-276.52
-271.37%
-74.46
-113.29%
560.41
Cash Flow From Continuing Financing Activities
-131.14
+52.58%
-276.52
-271.37%
-74.46
-113.29%
560.41
Net Common Stock Issuance
-120.29
+57.15%
-280.72
-229.00%
-85.32
-115.48%
551.21
Common Stock Payments
-120.29
+57.15%
-280.72
-229.00%
-85.32
-3062.49%
-2.70
Repurchase Of Capital Stock
-120.29
+57.15%
-280.72
-229.00%
-85.32
-3062.49%
-2.70
Proceeds From Stock Option Exercised
23.30
+42.62%
16.34
+11.26%
14.69
+4.84%
14.01
Net Other Financing Charges
-34.15
-181.13%
-12.15
-217.79%
-3.82
+20.36%
-4.80
Changes In Cash
112.83
+284.23%
-61.24
-235.44%
45.22
-2.58%
46.42
Beginning Cash Position
96.78
-38.75%
158.03
+40.08%
112.81
+69.91%
66.39
End Cash Position
209.61
+116.58%
96.78
-38.75%
158.03
+40.08%
112.81
Free Cash Flow
266.74
+49.61%
178.29
+2.81%
173.42
+43.47%
120.88
Income Tax Paid Supplemental Data
55.65
+8.54%
51.27
+880.19%
5.23
+2439.32%
0.21
Amortization Of Securities
-11.65
-122.51%
-5.24
-268.15%
3.12
-28.09%
4.33
Common Stock Issuance
—
0.00
0.00
-100.00%
553.90
Issuance Of Capital Stock
—
0.00
0.00
-100.00%
553.90
Sale Of Business
—
—
0.00
0.00
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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