Doximity Financials

DOCS Stock  USD 43.74  2.75  5.92%   
Based on the key measurements obtained from Doximity's financial statements, Doximity may be sliding down financialy. It has an above-average odds of going through some form of financial crisis next quarter. At this time, Doximity's Property Plant Equipment is comparatively stable compared to the past year. Non Current Liabilities Total is likely to gain to about 33.9 M in 2026, whereas Other Current Liabilities is likely to drop slightly above 28.6 M in 2026.
 
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Doximity Balance Sheet Chart

At this time, Doximity's Property Plant Equipment is comparatively stable compared to the past year. Non Current Liabilities Total is likely to gain to about 33.9 M in 2026, whereas Other Current Liabilities is likely to drop slightly above 28.6 M in 2026.
Key indicators impacting Doximity's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.230.35
Way Down
Slightly volatile
Return On Assets0.120.16
Way Down
Slightly volatile
Return On Equity0.230.24
Sufficiently Down
Very volatile
Debt Equity Ratio0.01250.0132
Notably Down
Slightly volatile
Operating Income275.1 M262 M
Sufficiently Up
Slightly volatile
Current Ratio3.976.27
Way Down
Slightly volatile
Investors should never underestimate Doximity's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Doximity's cash flow, debt, and profitability to make informed and accurate decisions about investing in Doximity.

Net Income

269.5 Million

  
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Understanding current and past Doximity Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Doximity's financial statements are interrelated, with each one affecting the others. For example, an increase in Doximity's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Doximity's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Doximity. Check Doximity's Beneish M Score to see the likelihood of Doximity's management manipulating its earnings.

Doximity Stock Summary

Doximity competes with Tempus AI, ICON PLC, Solventum Corp, EXACT Sciences, and HealthEquity. Doximity, Inc. operates a cloud-based digital platform for medical professionals in the United States. Doximity, Inc. was incorporated in 2010 and is headquartered in San Francisco, California. Doximity Inc operates under Health Information Services classification in the United States and is traded on New York Stock Exchange. It employs 887 people.
Specialization
Health Care, Health Care Equipment & Services
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS26622P1075
Business Address500 3rd Street,
SectorHealth Care Technology
IndustryHealth Care
BenchmarkDow Jones Industrial
Websitewww.doximity.com
Phone650 549 4330
CurrencyUSD - US Dollar

Doximity Key Financial Ratios

Doximity Key Balance Sheet Accounts

202120222023202420252026 (projected)
Total Assets991.4M1.1B1.1B1.3B1.5B777.7M
Other Current Liab24.5M29.7M29.7M37.0M42.6M28.6M
Other Liab288K1.2M1.0M17.4M20.0M21.0M
Net Debt(111.7M)(142.4M)(82.2M)(197.2M)(177.5M)(168.6M)
Retained Earnings191.1M217.9M80.0M186.9M214.9M225.7M
Accounts Payable463K1.3M2.3M1.4M1.6M1.4M
Cash112.8M158.0M96.8M209.6M241.1M253.1M
Net Receivables81.1M107.0M101.3M128.4M147.6M80.1M
Inventory3.4M5.9M5.1M(42.6M)(38.3M)(36.4M)
Other Current Assets25.0M27.4M48.7M44.6M51.3M28.0M
Total Liab112.8M170.8M178.0M181.7M208.9M157.7M
Total Current Assets904.1M975.5M912.9M1.1B1.3B675.2M
Intangible Assets7.9M31.8M27.3M23.1M26.5M15.8M
Common Stock192K194K187K189K217.4K148.7K
Net Invested Capital878.6M966.1M901.4M1.1B1.2B714.4M
Capital Stock192K194K187K189K217.4K167.4K
Net Working Capital792.9M835.9M765.7M932.4M1.1B641.9M
Short Term Debt642K1.8M2.1M2.2M2.5M1.8M

Doximity Key Income Statement Accounts

The reason investors look at the income statement is to determine what Doximity's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
202120222023202420252026 (projected)
Tax Provision(40.8M)20.3M37.6M40.4M46.4M48.8M
Net Interest Income2.1M9.3M21.7M35.9M41.2M43.3M
Interest Income2.1M9.3M21.7M35.9M41.2M43.3M
Interest Expense1.4M4.5M469K8.0M9.3M9.7M
Total Revenue343.5M419.1M475.4M570.4M656.0M348.4M
Gross Profit303.8M365.6M424.8M514.5M591.7M308.1M
Operating Income113.5M125.1M163.9M227.8M262.0M275.1M
Ebit113.5M125.1M171.8M230.1M264.6M277.9M
Research Development62.4M80.2M82.0M93.0M107.0M66.2M
Ebitda118.6M135.4M182.1M240.8M276.9M290.7M
Cost Of Revenue39.8M53.5M50.7M55.9M64.3M40.4M
Income Before Tax114.0M133.2M185.2M263.6M303.1M318.3M
Net Income154.8M112.8M147.6M223.2M256.7M269.5M
Income Tax Expense(40.8M)20.3M37.6M40.4M46.4M48.8M

Doximity Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Doximity's current stock value. Our valuation model uses many indicators to compare Doximity value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Doximity competition to find correlations between indicators driving Doximity's intrinsic value. More Info.
Doximity is rated # 2 in return on equity category among its peers. It is one of the top stocks in return on asset category among its peers reporting about  0.53  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Doximity is roughly  1.88 . At this time, Doximity's Return On Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Doximity by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.
Most accounts from Doximity's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Doximity current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Doximity. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For more information on how to buy Doximity Stock please use our How to Invest in Doximity guide.At this time, Doximity's Property Plant Equipment is comparatively stable compared to the past year. Non Current Liabilities Total is likely to gain to about 33.9 M in 2026, whereas Other Current Liabilities is likely to drop slightly above 28.6 M in 2026.
 2023 2024 2025 2026 (projected)
Other Current Liabilities29.7M37.0M42.6M28.6M
Total Assets1.1B1.3B1.5B777.7M

Doximity balance sheet Correlations

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Doximity Account Relationship Matchups

Doximity balance sheet Accounts

202120222023202420252026 (projected)
Total Assets991.4M1.1B1.1B1.3B1.5B777.7M
Other Current Liab24.5M29.7M29.7M37.0M42.6M28.6M
Other Liab288K1.2M1.0M17.4M20.0M21.0M
Net Debt(111.7M)(142.4M)(82.2M)(197.2M)(177.5M)(168.6M)
Retained Earnings191.1M217.9M80.0M186.9M214.9M225.7M
Accounts Payable463K1.3M2.3M1.4M1.6M1.4M
Cash112.8M158.0M96.8M209.6M241.1M253.1M
Net Receivables81.1M107.0M101.3M128.4M147.6M80.1M
Inventory3.4M5.9M5.1M(42.6M)(38.3M)(36.4M)
Other Current Assets25.0M27.4M48.7M44.6M51.3M28.0M
Total Liab112.8M170.8M178.0M181.7M208.9M157.7M
Total Current Assets904.1M975.5M912.9M1.1B1.3B675.2M
Intangible Assets7.9M31.8M27.3M23.1M26.5M15.8M
Common Stock192K194K187K189K217.4K148.7K
Net Invested Capital878.6M966.1M901.4M1.1B1.2B714.4M
Capital Stock192K194K187K189K217.4K167.4K
Net Working Capital792.9M835.9M765.7M932.4M1.1B641.9M
Short Term Debt642K1.8M2.1M2.2M2.5M1.8M
Today, most investors in Doximity Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Doximity's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Doximity growth as a starting point in their analysis.

Price Earnings To Growth Ratio

1.12

At this time, Doximity's Price Earnings To Growth Ratio is comparatively stable compared to the past year.

Doximity January 9, 2026 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Doximity help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Doximity. We use our internally-developed statistical techniques to arrive at the intrinsic value of Doximity based on widely used predictive technical indicators. In general, we focus on analyzing Doximity Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Doximity's daily price indicators and compare them against related drivers.

Additional Tools for Doximity Stock Analysis

When running Doximity's price analysis, check to measure Doximity's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Doximity is operating at the current time. Most of Doximity's value examination focuses on studying past and present price action to predict the probability of Doximity's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Doximity's price. Additionally, you may evaluate how the addition of Doximity to your portfolios can decrease your overall portfolio volatility.