Doximity, Inc. DOCS R3KPHARMA
Company Overview
Doximity, Inc. operates a digital platform for medical professionals in the United States. Its Doximity platform includes a personalized newsfeed that presents clinical and professional content to members, which offers medical articles, clinical trials or research results in an easy-to-consume video format, professional updates and accomplishments of their peers and colleagues, clinical discussions, Op-Med articles for publication, and sponsored content from pharmaceutical manufacturers and health systems. The company also offers workflow tools, including Ask, a HIPAA-compliant AI assistant, to access and apply evidence-based medical information within clinical workflows; Scribe, a HIPAA-compliant, AI-powered clinical documentation tool; Telehealth tools for hospitals and health systems; and AMiON, an on-call scheduling tool. 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.
Why Investors Should Care
Generates a return on equity of 17.2%, reflecting efficient use of shareholder capital.
Return on capital employed stands at 22.2%.
Net profit has compounded at 36.9% per year over the last five years.
Revenue has grown at a 33.0% CAGR over the past five years.
Maintains a net profit margin of 25.5%.
Generates positive free cash flow, funding growth and shareholder returns internally.
Recent Developments
- Mar 2026 Revenue of $644.86M (+13.1% YoY); net profit $196.05M.
- Trailing 12 Months Year-on-year growth — revenue +7.3%, earnings -51.9%.
- 5-Year Trend Long-term compounding — revenue CAGR 33.0%, profit CAGR 36.9%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | 33.02% |
| 1 Year: | 7.30% |
Compounded Profit Growth
| 5 Years: | 36.93% |
| 1 Year: | -51.90% |
Stock Price Performance
| 1 Year: | -61.86% |
| 6 Months: | -4.20% |
| 3 Months: | +20.30% |
| 1 Month: | -10.88% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- Price vs 50-DMAAbove
- Price vs 200-DMABelow
- RSI (14)47.42 · Neutral
P/E of 29.07 is above the sector median of 24.83 — pricier than peers.
Auto-generated from price history and fundamentals; not investment advice.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Healthy ROCE of 22.2%.
- Excellent profit margin of 25.5%.
- Compounding revenue at 33.0% over 5 years.
- Profit CAGR of 36.9% over 5 years.
- Generates positive free cash flow.
CONS
- Trading 67.5% below its 52-week high.
- In a downtrend (50-DMA below 200-DMA).
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Healthcare).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | DOCS Doximity, Inc. R3KPHARMA | 24.42 | 29.07 | $3.11B | 0.00% | 22.19% | 17.21% | 33.02% | 36.93% |
| 2 | LLY Eli Lilly and Company SPXR3KPHARMA | 1,123.91 | 37.80 | $1.00T | 0.60% | - | 102.29% | 7.20% | 11.41% |
| 3 | JNJ Johnson & Johnson SPXR3KPHARMA | 269.12 | 31.22 | $648.55B | 1.98% | 14.88% | 25.74% | 2.43% | 4.76% |
| 4 | ABBV AbbVie Inc. SPXR3KPHARMA | 248.78 | 70.48 | $439.62B | 2.78% | 10.47% | -129.24% | 1.75% | -29.06% |
| 5 | MRK Merck & Co., Inc. SPXR3KPHARMA | 148.46 | 118.77 | $366.28B | 2.31% | - | 6.96% | 5.64% | 10.01% |
| 6 | UNH UnitedHealth Group Incorporated SPXR3KPHARMA | 400.84 | 25.74 | $359.79B | 2.47% | 9.74% | 14.15% | 10.40% | 5.43% |
| 7 | NVS Novartis AG PHARMA | 137.70 | 20.80 | $261.73B | 3.36% | 21.09% | 30.35% | 9.25% | 26.22% |
| 8 | AZN AstraZeneca PLC NDXPHARMA | 160.04 | 23.99 | $248.20B | 2.00% | 15.97% | 21.96% | 9.82% | 45.96% |
| 9 | TMO Thermo Fisher Scientific Inc. SPXR3KPHARMA | 603.02 | 32.49 | $222.97B | 0.29% | 8.14% | 13.51% | 8.81% | 12.95% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in USD.
| Metric | Jun 2020 | Sep 2020 | Dec 2020 | Jun 2021 | Sep 2021 | Dec 2021 | Jun 2022 | Sep 2022 | Dec 2022 | Jun 2023 | Sep 2023 | Dec 2023 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 36.39M | 45.11M | 58.71M | 72.67M | 79.35M | 97.88M | 90.64M | 102.19M | 115.26M | 108.47M | 113.61M | 135.28M | 126.68M | 136.83M | - | 138.29M | 145.91M | 168.53M | 185.05M | 145.37M | 156.62M |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 14.47M | 15.79M | 16.43M | 18.70M | 19.41M | - |
| Gross Profit | 28.51M | 37.66M | 50.84M | 64.68M | 70.40M | 86.79M | 77.56M | 88.97M | 101.74M | 95.32M | 100.85M | 123.09M | 113.13M | 123.16M | - | 123.82M | 130.12M | 152.10M | 166.35M | 125.97M | 132.93M |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 75.14M | 75.60M | 88.42M | 94.46M | 101.14M | - |
| Operating Income | 2.08M | 10.44M | 17.94M | 24.88M | 24.95M | 35.79M | 21.68M | 32.10M | 38.48M | 29.68M | 33.79M | 58.55M | 46.05M | 53.14M | - | 48.68M | 54.52M | 63.68M | 71.90M | 24.83M | 33.64M |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 51.51M | 57.31M | 67.15M | 75.89M | 28.96M | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 58.39M | 64.15M | 72.94M | 80.80M | 32.12M | - |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -4.06M | 10.83M | 10.88M | 19.24M | 13.01M | - |
| Net Income | 1.46M | 10.04M | 17.23M | 26.32M | 36.09M | 55.65M | 22.38M | 26.30M | 33.47M | 28.41M | 30.60M | 47.96M | 41.38M | 44.15M | - | 62.46M | 53.32M | 62.06M | 61.56M | 19.11M | 24.32M |
| Diluted EPS | 0.00 | 0.02 | 0.05 | 0.09 | 0.17 | 0.26 | 0.10 | 0.12 | 0.16 | 0.13 | 0.15 | 0.24 | 0.21 | 0.22 | - | 0.31 | 0.27 | 0.31 | 0.31 | 0.10 | 0.13 |
| R&D Expense | 10.04M | 9.87M | 11.41M | 13.24M | 15.46M | 16.23M | 19.02M | 19.10M | 20.52M | 21.93M | 19.96M | 19.95M | 22.57M | 23.24M | 22.42M | - | 26.80M | 30.20M | 34.59M | - | 38.48M |
Profit & Loss (Annual)
Figures in USD.
| Metric | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
| Revenue | 116.39M | 206.90M | 343.55M | 419.05M | 475.42M | 570.40M | 644.86M |
| Gross Profit | 101.49M | 175.70M | 303.76M | 365.56M | 424.75M | 514.52M | 574.54M |
| Operating Income | 22.16M | 53.30M | 113.54M | 125.11M | 163.88M | 227.80M | 214.92M |
| Net Income | 29.74M | 50.21M | 154.78M | 112.82M | 147.58M | 223.19M | 196.05M |
| Diluted EPS | 0.13 | 0.23 | 0.70 | 0.53 | 0.72 | 1.11 | 0.98 |
| R&D Expense | 32.44M | 43.87M | 62.35M | 80.19M | 81.98M | 93.04M | 130.70M |
Balance Sheet (Annual)
Figures in USD.
| Metric | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | - | - | 251.72M | 991.36M | 1.14B | 1.08B | 1.26B | 1.12B |
| Total Equity | -32.94M | 1.14M | 66.74M | 878.59M | 966.12M | 901.40M | 1.08B | 950.84M |
| Cash & Equivalents | - | - | 66.39M | 112.81M | 158.03M | 96.78M | 209.61M | 219.18M |
| Total Liabilities | - | - | 103.52M | 112.76M | 170.77M | 177.98M | 181.68M | 172.85M |
| Current Liabilities | - | - | 102.04M | 111.28M | 139.51M | 147.25M | 156.26M | 154.97M |
Cash Flows (Annual)
Figures in USD.
| Metric | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 26.20M | 82.97M | 126.58M | 179.60M | 184.10M | 273.26M | 326.46M |
| Investing Cash Flow | -13.10M | -70.42M | -640.57M | -59.92M | 31.19M | -29.30M | 147.17M |
| Financing Cash Flow | 1.72M | 5.41M | 560.41M | -74.46M | -276.52M | -131.14M | -464.06M |
| Capital Expenditure | -285.00K | -245.00K | -1.91M | -1.70M | -147.00K | -0 | -0 |
| Free Cash Flow | 25.91M | 82.73M | 124.66M | 177.90M | 183.95M | 273.26M | 326.46M |
| Share Buybacks | 0 | 2.02M | 2.70M | 85.32M | 280.72M | 120.29M | 431.65M |
Ratios (Annual)
Figures in %.
| Metric | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
| Gross Margin % | 87.2% | 84.9% | 88.4% | 87.2% | 89.3% | 90.2% | 89.1% |
| Operating Margin % | 19.0% | 25.8% | 33.0% | 29.9% | 34.5% | 39.9% | 33.3% |
| Net Margin % | 25.5% | 24.3% | 45.1% | 26.9% | 31.0% | 39.1% | 30.4% |
| ROE % | 2,617.7% | 75.2% | 17.6% | 11.7% | 16.4% | 20.6% | 20.6% |
| ROCE % | - | 35.6% | 12.9% | 12.5% | 17.6% | 20.6% | 22.2% |
Shareholding Pattern
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Blackrock Inc. | 11.23% | 14.31M | $373.56M |
| 2 | Vanguard Portfolio Management LLC | 5.02% | 6.39M | $166.77M |
| 3 | Vanguard Capital Management LLC | 4.69% | 5.98M | $156.07M |
| 4 | Shaw D.E. & Co., Inc. | 4.65% | 5.92M | $154.63M |
| 5 | Two Sigma Investments, LP | 3.65% | 4.65M | $121.34M |
| 6 | State Street Corporation | 3.31% | 4.21M | $109.95M |
| 7 | Goldman Sachs Group Inc | 3.21% | 4.09M | $106.71M |
| 8 | Geode Capital Management, LLC | 3.02% | 3.85M | $100.51M |
| 9 | Wellington Management Group, LLP | 2.46% | 3.14M | $81.86M |
| 10 | Deutsche Bank AG | 2.27% | 2.89M | $75.55M |
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for DOCS
Doximity, Inc. $DOCS Shares Sold by Carmignac Gestion - marketbeat.com
<a href="https://news.google.com/rss/articles/CBMisAFBVV95cUxOcWpqWXAxMzhnZlJGN2VzMlhFRkRoOWJYeDlJQzk3Q1RxVHFHX2hGaXQzRXVXQ2pUWUc0ZVYxNGhUMzQyM0Q5bURxa2VKY2lOWVFJbjNpekx4LW5pb2dITUEwd2dGYWlZZ3J1OUd4ZlZQNjN6OHhtRTRIQ2s3em9sTUZHTU84NjNBc0FGOE…
Doximity stock downgraded at Freedom Capital (DOCS:NYSE) - Seeking Alpha
<a href="https://news.google.com/rss/articles/CBMihgFBVV95cUxQZGFsU0ZIXzdjRkdMdXNoZDMwcU4tbWlPNDFfNUxXbzFKWmhwbEtzM1lwV3JRVnJWcVg5WFpGWnJPaXVVSUZBQjlJU00tWXhhWHdkZjdtallqYVp5SUJUMnVmVklPdzdOVzItRWctZEFVQS1SMkZLZlNLYWl5bWRHTjdMSnZSUQ?oc=5" t…
Doximity stock falls as Freedom Capital cuts to hold - Investing.com
<a href="https://news.google.com/rss/articles/CBMitAFBVV95cUxORlJOcE93LURXaHpOQkZ0RklUN0ZvLVZSQlp2YTQzZzV4Y2ltdnBpdVo5QU51SUhxR0ZWWVphQ2EtQU12YWtVNmJ1WExxMV82a2IyRnFRSW1na190ZVQ4cFUxbmR2Y0RnTldZdmlDakRUdWFTMnZPeEkxQzVUZXlCdDBrQTBsMnpxb3A2Rk…
DOCS Looks 46.2% Undervalued on GF Value™ as Shares Slip After D - gurufocus.com
<a href="https://news.google.com/rss/articles/CBMirAFBVV95cUxOTFNJU01wT2JZakQwN1RXVVFib250RWtuV0VNR2FFSFF0YUdsa0Z2dXNSVWRJclIyY2ZsOFpaOVNFa0x4RzJZdVhUZ2tpX01tdGZqMEh0VWJWdXFyRW1FRUktZ3MzOWJhZDFBbnZBTzZnOFBWNjN4cEUxamZsNDNOM2dwTGNCMklDR3VCdW…
Doximity, Inc. (DOCS) Stock Analysis: Navigating a 17.56% Potential Upside in the Healthcare Sector - directorstalkinterviews.com
<a href="https://news.google.com/rss/articles/CBMi3AFBVV95cUxPR1RnZy0teXdBYWlwSEVORllLRWJOb3J1T0M3anBJejE1Z0xXR0JSRE1rRzU0Sy1UOHh3S2RwRy03cS1IQ2xkWFdHUk9xTEpzX2lCTHd6WEIzVnZoa1A2anVmQVQwamFrbk1neml1QXBJQmpQQ0NZZUNEV1VOb3haUlBVaGJvOXhER3Rsdz…
Doximity (DOCS) Stock Looks Cheap On Cash Flow Yet Fair On Earnings - finance.yahoo.com
<a href="https://news.google.com/rss/articles/CBMinAFBVV95cUxNS3E4a1lVS3Q3cHVha0I2a29FcmRXSWFyWXdmUTlSOWRxNS01TEtsbm96VTlqTmpkWW0xY2VGSFBaUmd6Y2F4bXdQZEdqUWk0dXNCMkRVcUJXT3NDQ3I2aVJXZXlPU1E5TTdrQ0M5RTR3Y0FXS2g1b05NYnExUkMzeVA0T05RZVhYS0FvUz…
DOCS — Frequently Asked Questions
What is the current share price of Doximity, Inc. (DOCS)?
As of 2026-09-19 21:16 PDT, Doximity, Inc. (DOCS) trades at $24.42 on NYSE. Its 52-week range is $18.01 to $75.12.
What is the market capitalisation of DOCS?
Doximity, Inc. (DOCS) has a market capitalisation of $3.11B on NYSE.
What is the P/E ratio of DOCS?
DOCS trades at a trailing price-to-earnings (P/E) ratio of 29.07. The industry average P/E is 24.83. Its price-to-book (P/B) ratio is 4.75.
What is the return on equity (ROE) of DOCS?
DOCS has a return on equity (ROE) of 17.21%. Its return on capital employed (ROCE) is 22.19%.
Is DOCS a good stock to buy?
This page provides a data-driven analysis of Doximity, Inc. (DOCS), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.