Doximity, Inc.(DOCS) Stock Research - Grey Stern Research
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Doximity, Inc. (DOCS) Stock Analysis

$40.63 (1.42%)

DOCS Financial Performance


Use the table below to view Doximity, Inc.'s financial profile. This data is gathers from the latest available financial statements. Annual data is taken from the trailing 12 months of statements. All numbers are reported in US Dollars and so any foreign currencies are converted to USD so comparison's can be done.

Based on Financial Statements from Q1 - 2025

Metric Value Ranking among Peers
Price $40.06 -
52 Week Low $19.71 -
52 Week High $40.99 -
Market Cap $7.4 Billion 2/12
Gross Margin 89% 1/12
Profit Margin 33% 1/12
EBITDA margin 39% 1/12
Q1 - 2025 Revenue $126.7 Million 7/12
Q1 - 2025 Earnings $41.4 Million 2/12
Q1 - 2025 Free Cash Flow $39.5 Million 3/12
Trailing 4 Quarters Revenue $493.6 Million 7/12
Trailing 4 Quarters Earnings $160.6 Million 2/12
Quarterly Earnings Growth 46% 3/12
Annual Earnings Growth 33% 3/12
Quarterly Revenue Growth 17% 4/12
Annual Revenue Growth 12% 4/12
Cash On Hand $111.4 Million 11/12
Short Term Debt $2.2 Million 11/12
Long Term Debt $11.8 Million 11/12

Doximity, Inc. Financial Metrics


Financial metrics are a set of useful numbers that can give key performance indicators of a company. The various metrics can include information about profitability, growth, and debt load. When combined and use properly they can tell an analyst a compelling fact-based story of how the company is currently performing. To compare Doximity, Inc.'s metrics versus it's peers make sure to run our peer analysis tool.

Valuation Metrics

Metric Value Ranking among Peers
PE 46.36 3/12
PS 15.08 1/12
PB 8.15 1/12
PC 66.79 1/12
Liabilities to Equity 0.18 12/12
ROA 0.15 1/12
ROE 0.18 1/12
Current Ratio 6.71 1/12
Quick Ratio 4.69 1/12
Long Term Debt to Equity 0.01 11/12
Debt to Equity 0.02 11/12
Burn Rate -2.76 10/12
Cash to Cap 0.01 12/12
CCR 0.96 3/12
EV to EBITDA 150.48 2/12
EV to Revenue 14.88 1/12

Company Details

Doximity, Inc. operates a cloud-based digital platform for medical professionals in the United States. The company's platform provides its members with tools built for medical professionals, enabling them to collaborate with their colleagues, coordinate patient care, conduct virtual patient visits, stay up to date with the latest medical news and research, and manage their careers. It primarily serves 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.

CEO: Mr. Jeffrey A. Tangney

Website: https://www.doximity.com

Address: 500, 3rd Street San Francisco, CA

Exchange: New York Stock Exchange

Industry: Health Information Services

Doximity, Inc. Peer Analysis


A useful and more reliable way of seeing the health of a company is to compare it to other companies operating in the same sector. Below is our list of companies which we rank are the closest peers to Doximity, Inc.. If you feel that peers should be added or removed from this list please contact us. To run an in-depth peer analysis which compares many financial metrics click on the link below.

Stock Ticker Market Cap
HealthEquity, Inc. HQY $6.9 Billion
Veeva Systems Inc. VEEV $34.7 Billion
Teladoc Health, Inc. TDOC $1.6 Billion
R1 RCM Inc. RCM $6.0 Billion
Progyny, Inc. PGNY $1.5 Billion
10x Genomics, Inc. TXG $2.8 Billion
Schrödinger, Inc. SDGR $1.5 Billion
Accolade, Inc. ACCD $335.2 Million
American Well Corporation AMWL $148.7 Million
Certara, Inc. CERT $1.8 Billion
Definitive Healthcare Corp. DH $563.4 Million
Run Peer Analysis
Income Statement
Balance Sheet
Cash Flow Statement
DOCS Income Statements
Quarter Year Revenue Earnings
Q1 2025 $ 126.7 Million $41.4 Million
Q4 2024 $ 118.1 Million $40.6 Million
Q3 2024 $ 135.3 Million $48.0 Million
Q2 2024 $ 113.6 Million $30.6 Million
Q1 2024 $ 108.5 Million $28.4 Million
Q4 2023 $ 111.0 Million $30.7 Million
Q3 2023 $ 115.3 Million $33.5 Million
Q2 2023 $ 102.2 Million $26.3 Million

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DOCS Balance Sheets
Quarter Year Cash & Equivalents Total Assets Total Debt Total Equity
Q1 2025 $111.4 Million $1.1 Billion $14.0 Million $913.6 Million
Q4 2024 $96.8 Million $1.1 Billion $14.5 Million $901.4 Million
Q3 2024 $123.1 Million $1.0 Billion $15.1 Million $864.6 Million
Q2 2024 $108.4 Million $1.0 Billion $15.1 Million $871.5 Million
Q1 2024 $306.7 Million $1.2 Billion $15.6 Million $990.8 Million
Q4 2023 $158.0 Million $1.1 Billion $15.6 Million $966.1 Million
Q3 2023 $136.5 Million $1.1 Billion $15.6 Million $930.2 Million
Q2 2023 $73.7 Million $1.0 Billion $15.6 Million $879.0 Million

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DOCS Cash Flow Statements
Quarter Year freeCashFlow capitalExpenditure netChangeInCash
Q1 2025 $39.5 Million -$1.7 Million $14.7 Million
Q4 2024 $63.9 Million $0 -$26.3 Million
Q3 2024 $48.7 Million -$1.3 Million $14.7 Million
Q2 2024 $11.6 Million -$1.3 Million -$198.3 Million
Q1 2024 $55.6 Million -$1.6 Million $148.7 Million
Q4 2023 $45.6 Million -$1.0 Million $21.6 Million
Q3 2023 $47.5 Million -$1.2 Million $62.8 Million
Q2 2023 $38.7 Million -$766,000 -$36.4 Million

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