DOCS on NYSE

Doximity

Logo: doximity, Public domain, via Wikimedia Commons4

U.S. information technology company

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.3 From Wikipedia, CC BY-SA 4.0

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Last updated Oct 18, 2026.

Overview

$644.9MRevenue, fiscal 20265
$196.1MNet income, fiscal 20265
2011Founded1

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  • TickerDOCS on NYSE1
  • Industryonline service provider1
  • HeadquartersSan Mateo1
  • Websitewww.doximity.com
  • Incorporated inDE6
  • Business address500 Third Street, Suite 510, San Francisco, Ca 941076
  • Filer categoryLarge accelerated filer6

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.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2026

89.1%Gross margin5
33.3%Operating margin5
30.4%Net margin5
13.1%Revenue growth, 20265
20.6%Return on equity5
$326.5MFree cash flow5

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Subscription brought in 94% of the revenue Doximity broke down this way in fiscal 2026.

  1. Subscription$608.4M594%up 12% from 2025
  2. Service, Other$36.5M56%up 37% from 2025
Products and services by year
Products and services202420252026
Subscription$450.1M$543.8M$608.4M
Service, Other$25.4M$26.6M$36.5M

Where the money goes

Where each dollar of revenue went, fiscal 2026

  • Cost of revenue11¢$70.3M
  • Research and development20¢$130.7M
  • Other costs30¢$193.8M
  • Income tax8¢$54.0M
  • Profit30¢$196.1M

Out of $644.9M in revenue.5

Where each dollar of operating cash went, fiscal 2026

  • Share buybacks100¢$431.7M

Out of $326.5M of cash from operations. Spending exceeded cash from operations; the rest came from savings or borrowing.5

Financial statements

Revenue8910115$644.9M in 2026+454% since 2020
0$200.0M$400.0M$600.0M$800.0M2020: $116.4M$116.4M20202021: $206.9M$206.9M2021+78%2022: $343.5M$343.5M2022+66%2023: $419.1M$419.1M2023+22%2024: $475.4M$475.4M2024+13%2025: $570.4M$570.4M2025+20%2026: $644.9M$644.9M2026+13%
Gross profit8910115$574.5M in 2026+466% since 2020
0$200.0M$400.0M$600.0M2020: $101.5M$101.5M20202021: $175.7M$175.7M2021+73%2022: $303.8M$303.8M2022+73%2023: $365.6M$365.6M2023+20%2024: $424.8M$424.8M2024+16%2025: $514.5M$514.5M2025+21%2026: $574.5M$574.5M2026+12%
Operating income8910115$214.9M in 2026+870% since 2020
0$100.0M$200.0M$300.0M2020: $22.2M$22.2M20202021: $53.3M$53.3M2021+141%2022: $113.5M$113.5M2022+113%2023: $125.1M$125.1M2023+10%2024: $163.9M$163.9M2024+31%2025: $227.8M$227.8M2025+39%2026: $214.9M$214.9M2026−6%
Net income8910115$196.1M in 2026+559% since 2020
0$100.0M$200.0M$300.0M2020: $29.7M$29.7M20202021: $50.2M$50.2M2021+69%2022: $154.8M$154.8M2022+208%2023: $112.8M$112.8M2023−27%2024: $147.6M$147.6M2024+31%2025: $223.2M$223.2M2025+51%2026: $196.1M$196.1M2026−12%

Every line of the income statement as filed: the last 3 fiscal years, latest first.5

Period ending2026-03-312025-03-312024-03-31
Revenue$644.9M$570.4M$475.4M
Cost of revenue$70.3M$55.9M$50.7M
Gross profit$574.5M$514.5M$424.8M
Research and development$130.7M$93.0M$82.0M
Sales and marketing$163.6M$145.7M$133.1M
General and administrative$65.3M$45.7M$37.8M
Restructuring and impairment charges$0$2.3M$7.9M
Total operating expenses$359.6M$286.7M$260.9M
Income from operations$214.9M$227.8M$163.9M
Other income, net$35.1M$35.8M$21.3M
Income before income taxes$250.0M$263.6M$185.2M
Provision for income taxes$54.0M$40.4M$37.6M
Net income$196.1M$223.2M$147.6M
Basic (in dollars per share)$1.05$1.19$0.78
Diluted (in dollars per share)$0.98$1.11$0.72
Basic (in shares)187.0M shares186.8M shares190.2M shares
Diluted (in shares)199.0M shares201.2M shares205.7M shares

Compare Doximity with another company

The story

The company was launched in March 2011 by co-founders Nate Gross, Jeff Tangney and Shari Buck. In 2013, founder Jeff Tangney remained CEO while the company was based in San Mateo, California. By 2013, it became one of the largest networks for U.S. healthcare professionals, with approximately 10 percent of U.S. doctors as members.

By the beginning of 2014, 40 percent of U.S. physicians became members. In 2016, it began offering a free service for doctors to call patients using their work number on their mobile phones. In 2018, the company announced that it had reached 1 million members, accounting for more than 70 percent of U.S. physicians. In 2021, Doximity served more than 2 million registered members, including over 80 percent of U.S. physicians and over 50 percent of nurse practitioners and physician assistants.

In 2016, the company was ranked #6 on the Deloitte Technology Fast 500 list. In November 2019, Doximity was listed on the Deloitte Technology Fast 500 list for the fourth consecutive year. In May 2020, the company added video. Dialer Video, a video telehealth app, allows physicians to video call patients through personal smartphones. In June 2020, Doximity Acquires THMED and launches the Curative Brand. Curative is a staffing and recruiting company offering permanent and Locum/Temporary placement services.

In May 2021, Doximity, a professional network for physicians with telehealth and scheduling tools, filed for an initial public offering (IPO) seeking to raise $100 million. Morgan Stanley, Goldman Sachs and J.P. Morgan Securities were the lead underwriters for the IPO. Doximity raised nearly $606 million in its IPO. In its June 2021 IPO on the NYSE, gave it a market cap shortly after its debut of $9.4 billion.

In 2021 August, CNBC reported that the site's news feed was "inundated" with vaccine misinformation shared among physicians, despite Doximity's community guidelines banning medical misinformation. At the time, 80% of its revenue came from ads paid by pharmaceutical firms and hospitals, and directed at physicians on the site. In November 2023, Doximity released DocDefender, a free service that removed a physician's personal phone numbers and addresses from public websites.

From Wikipedia’s article on Doximity, shared under CC BY-SA 4.0.7

Leadership

Who has led Doximity, and when. Pick a name to see everywhere that person has worked.

Board members and other officers (11)

Products and brands

Dialer

In 2016, Doximity built Dialer, a free communication tool for physicians to call their patients. The Doximity Dialer app allows physicians to call patients from their personal cell phone, and the patient sees the doctor's office number on caller ID.

Dialer Video

In May 2020, Doximity released Dialer Video, a telemedicine tool that allows physicians to video call their patients directly from their own smartphones. In July 2020, Doximity said that more than 100,000 U.S. Doctors use Dialer Video, its telemedicine app.

From Wikipedia’s article on Doximity, shared under CC BY-SA 4.0.7

Acquisitions

In June 2020, Doximity acquired THMED, a healthcare company. Following the purchase, THMED changed its name to Curative and started concentrating on customized medical-personnel queries. In February 2022, Doximity acquired Amion, an on-call doctor scheduling company. In August 2025, Doximity acquired Pathway Medical, a Canadian startup specializing in medical AI and evidence-based clinical reference tools.

From Wikipedia’s article on Doximity, shared under CC BY-SA 4.0.7

Timeline

  1. Jun 23, 2021New chief executive Jeffrey Tangney becomes CEO16
  2. 2011Founded Founded1

Filings

406 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 30 major events, 201 insider forms, 56 large holders, 99 other. The latest 20:

  1. Oct 14, 2026144 EDGAR
  2. Oct 5, 20264 EDGAR
  3. Oct 2, 20264 EDGAR
  4. Oct 1, 2026144 EDGAR
  5. Sep 30, 2026144 EDGAR
  6. Sep 28, 20264 EDGAR
  7. Sep 16, 20264 EDGAR
  8. Sep 15, 2026144 EDGAR
  9. Sep 3, 20264 EDGAR
  10. Sep 2, 20268-K EDGAR
  11. Sep 1, 2026144 EDGAR
  12. Aug 31, 20264 EDGAR
  13. Aug 31, 20264 EDGAR
  14. Aug 31, 20264 EDGAR
  15. Aug 31, 20264 EDGAR
  16. Aug 31, 20264 EDGAR
  17. Aug 27, 20264 EDGAR
  18. Aug 25, 2026144 EDGAR
  19. Aug 17, 20264 EDGAR
  20. Aug 17, 20264 EDGAR

The 406 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last three years, summarized. The full record is on SEC EDGAR.

Insider trades and holders

Large holders

Investors who own more than 5% must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively. 56 such filings since October 2021, the latest 10:

  1. May 15, 2026SCHEDULE 13G/A
  2. Apr 29, 2026SCHEDULE 13G
  3. Mar 26, 2026SCHEDULE 13G/A
  4. Feb 5, 2026SCHEDULE 13G/A
  5. Nov 5, 2025SCHEDULE 13G/A
  6. Aug 6, 2025SCHEDULE 13G/A
  7. May 15, 2025SCHEDULE 13G/A
  8. Mar 7, 2025SCHEDULE 13G/A
  9. Feb 14, 2025SCHEDULE 13G/A
  10. Feb 14, 2025SCHEDULE 13G/A

From Forms 4 and Schedules 13D and 13G filed with the SEC.

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
BlackRock, Inc.14,307,116$296.7M0.0%+50,591
Vanguard Portfolio Management LLC6,387,099$132.5M0.0%−7,008
Vanguard Capital Management LLC5,977,433$124.0M0.0%+212,370
D. E. Shaw & Co., Inc.5,922,188$122.8M0.1%+3,020,981
Two Sigma Investments, LP4,647,309$96.4M0.1%+3,277,156
State Street Corp4,210,909$87.3M0.0%+171,399
Goldman Sachs Group Inc4,086,928$84.8M0.0%+2,324,171
Geode Capital Management, LLC3,849,310$79.8M0.0%−95,276
Wellington Management Group Llp3,135,113$65.0M0.0%+621,464
Deutsche Bank Ag\2,893,534$60.0M0.0%−29,240
Renaissance Technologies LLC2,853,649$59.2M0.1%−206,100
Bnp Paribas Financial Markets2,692,427$55.8M0.0%+2,211,241
Carmignac Gestion2,355,900$48.9M0.6%−1,956,097
Federated Hermes, Inc.2,331,007$48.3M0.1%+290,900
Morgan Stanley2,245,689$46.6M0.0%+50,940
Loomis Sayles & Co L P2,186,392$45.3M0.1%+149,408
Squarepoint Ops LLC2,174,076$45.1M0.1%+1,398,061
Millennium Management LLC2,068,601$42.9M0.0%+1,619,819
Invesco Ltd.1,924,248$39.9M0.0%+421,715
Amundi1,902,977$39.5M0.0%+1,333,882
Norges Bank1,889,029$39.2M0.0%New
Aqr Capital Management LLC1,838,767$37.9M0.0%+243,240
Gotham Asset Management, LLC1,712,814$35.5M0.1%+408,161
Citadel Advisors LLC1,561,482$32.4M0.0%+797,646
Walleye Capital LLC1,399,854$29.0M0.1%−1,052,271

13F reports cover disclosed long positions in U.S. stocks only.

Members of Congress who traded it

2 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.

DateMemberTradeAmountVs S&P sinceFiling
Nov 6, 2025Jonathan L. JacksonDemocratic, HouseSale$15,001 - $50,000+65.7%Report
Aug 25, 2025Jonathan L. JacksonDemocratic, HouseBuy$15,001 - $50,000−73.5%Report

Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).