Doximity, Inc. (DOCS) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 |
|---|
| Sales/Revenue | 145.37M | 185.05M | 168.53M | 145.91M | 138.29M | 168.6M | 136.83M | 126.68M | 118.06M | 135.28M | 113.61M | 108.47M | 110.97M | 115.26M | 102.19M | 90.64M | 93.65M | 97.88M | 79.35M | 72.67M |
| Revenue Growth % | 5.12% | 9.76% | 23.16% | 15.19% | 17.14% | 24.63% | 20.44% | 16.79% | 6.39% | 17.37% | 11.18% | 19.67% | 18.49% | 17.76% | 28.78% | 24.73% | 40.44% | 66.71% | - | - |
| Cost of Goods Sold | 19.41M | 18.7M | 16.43M | 15.79M | 14.47M | 14.18M | 13.68M | 13.55M | 12.57M | 12.19M | 12.76M | 13.15M | 13.68M | 13.53M | 13.21M | 13.08M | 11.77M | 11.09M | 8.95M | 7.99M |
| COGS % of Revenue | 13.35% | 10.11% | 9.75% | 10.82% | 10.46% | 8.41% | 9.99% | 10.7% | 10.64% | 9.01% | 11.23% | 12.13% | 12.33% | 11.73% | 12.93% | 14.43% | 12.56% | 11.33% | 11.28% | 10.99% |
| Gross Profit | 125.97M | 166.35M | 152.1M | 130.12M | 123.82M | 154.42M | 123.16M | 113.13M | 105.49M | 123.09M | 100.85M | 95.32M | 97.29M | 101.74M | 88.97M | 77.56M | 81.89M | 86.79M | 70.4M | 64.68M |
| Gross Margin % | 86.65% | 89.89% | 90.25% | 89.18% | 89.54% | 91.59% | 90.01% | 89.3% | 89.36% | 90.99% | 88.77% | 87.87% | 87.67% | 88.27% | 87.07% | 85.57% | 87.44% | 88.67% | 88.72% | 89.01% |
| Gross Profit Growth % | 1.73% | 7.73% | 23.5% | 15.02% | 17.38% | 25.45% | 22.11% | 18.69% | 8.43% | 20.99% | 13.35% | 22.89% | 18.81% | 17.22% | 26.39% | 19.91% | 39.52% | 70.72% | - | - |
| Operating Expenses | 101.14M | 94.46M | 88.42M | 75.6M | 75.14M | 74.5M | 70.01M | 67.07M | 63.64M | 64.54M | 67.06M | 65.63M | 64.45M | 63.25M | 56.87M | 55.88M | 53.97M | 51M | 45.45M | 39.81M |
| OpEx % of Revenue | 69.57% | 51.04% | 52.47% | 51.81% | 54.34% | 44.18% | 51.17% | 52.95% | 53.9% | 47.71% | 59.03% | 60.51% | 58.08% | 54.88% | 55.66% | 61.65% | 57.62% | 52.11% | 57.28% | 54.78% |
| Selling, General & Admin | 62.03M | 59.86M | 58.22M | 48.8M | 50.34M | 52.08M | 44.47M | 44.5M | 43.49M | 44.6M | 39.17M | 43.7M | 42.91M | 42.73M | 37.77M | 36.86M | 36.54M | 34.78M | 29.99M | 26.57M |
| SG&A % of Revenue | 42.67% | 32.35% | 34.54% | 33.45% | 36.4% | 30.89% | 32.5% | 35.13% | 36.84% | 32.97% | 34.47% | 40.29% | 38.67% | 37.07% | 36.96% | 40.66% | 39.02% | 35.53% | 37.79% | 36.56% |
| Research & Development | 39.11M | 34.59M | 30.2M | 26.8M | 24.8M | 22.42M | 23.24M | 22.57M | 20.15M | 19.95M | 19.96M | 21.93M | 21.54M | 20.52M | 19.1M | 19.02M | 17.42M | 16.23M | 15.46M | 13.24M |
| R&D % of Revenue | 26.9% | 18.69% | 17.92% | 18.37% | 17.94% | 13.3% | 16.98% | 17.82% | 17.07% | 14.74% | 17.57% | 20.22% | 19.41% | 17.8% | 18.7% | 20.99% | 18.6% | 16.58% | 19.48% | 18.22% |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 1000K | 0 | 0 | 0 | 1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 24.83M | 71.9M | 63.68M | 54.52M | 48.68M | 79.92M | 53.14M | 46.05M | 41.85M | 58.55M | 33.79M | 29.68M | 32.84M | 38.48M | 32.1M | 21.68M | 27.92M | 35.79M | 24.95M | 24.88M |
| Operating Margin % | 17.08% | 38.85% | 37.79% | 37.36% | 35.2% | 47.4% | 38.84% | 36.35% | 35.45% | 43.28% | 29.74% | 27.37% | 29.6% | 33.39% | 31.41% | 23.92% | 29.81% | 36.57% | 31.44% | 34.23% |
| Operating Income Growth % | -49% | -10.05% | 19.83% | 18.38% | 16.31% | 36.5% | 57.26% | 55.15% | 27.44% | 52.14% | 5.27% | 36.9% | 17.62% | 7.53% | 28.66% | -12.84% | 22.21% | 99.54% | - | - |
| EBITDA | 24.83M | 75.89M | 68.85M | 57.31M | 51.51M | 82.58M | 55.76M | 48.62M | 44.4M | 61.06M | 36.4M | 32.29M | 35.55M | 41.1M | 34.69M | 24.05M | 29.29M | 37.15M | 26.11M | 26.03M |
| EBITDA Margin % | 17.08% | 41.01% | 40.85% | 39.28% | 37.25% | 48.98% | 40.75% | 38.38% | 37.61% | 45.13% | 32.04% | 29.77% | 32.04% | 35.66% | 33.95% | 26.54% | 31.27% | 37.96% | 32.9% | 35.82% |
| EBITDA Growth % | -51.8% | -8.11% | 23.49% | 17.89% | 16.01% | 35.24% | 53.19% | 50.57% | 24.9% | 48.56% | 4.92% | 34.24% | 21.37% | 10.63% | 32.87% | -7.59% | 22.87% | 96.03% | - | - |
| D&A (Non-Cash Add-back) | 0 | 3.99M | 5.17M | 2.79M | 2.83M | 2.65M | 2.61M | 2.56M | 2.55M | 2.51M | 2.6M | 2.6M | 2.71M | 2.62M | 2.59M | 2.37M | 1.37M | 1.36M | 1.16M | 1.15M |
| EBIT | 24.83M | 71.9M | 72.94M | 64.15M | 48.68M | 79.92M | 55.45M | 46.05M | 41.85M | 58.55M | 41.73M | 29.68M | 32.84M | 38.48M | 32.1M | 21.68M | 27.92M | 35.79M | 24.95M | 24.88M |
| Net Interest Income | 0 | 8.94M | 9.44M | 9.87M | 9.69M | 9.89M | 9.11M | 7.17M | 6.03M | 4.8M | 5.82M | 5.02M | 0 | 3.08M | 1.42M | 850K | 0 | 0 | 440K | 76K |
| Interest Income | 0 | 8.94M | 9.44M | 9.87M | 9.69M | 9.89M | 9.11M | 7.17M | 6.03M | 4.8M | 5.82M | 5.02M | 0 | 3.08M | 1.42M | 850K | 0 | 0 | 440K | 76K |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Income/Expense | 7.29M | 8.9M | 9.26M | 9.63M | 9.71M | 9.91M | 9.03M | 7.12M | 6.1M | 4.48M | 5.9M | 4.84M | 3.88M | 2.46M | 908K | 804K | -16K | 20K | 420K | 45K |
| Pretax Income | 32.12M | 80.8M | 72.94M | 64.15M | 58.39M | 89.84M | 62.17M | 53.17M | 47.95M | 63.03M | 39.7M | 34.52M | 36.72M | 40.95M | 33.01M | 22.49M | 27.91M | 35.81M | 25.37M | 24.92M |
| Pretax Margin % | 22.1% | 43.66% | 43.28% | 43.96% | 42.23% | 53.28% | 45.44% | 41.97% | 40.62% | 46.59% | 34.94% | 31.83% | 33.09% | 35.52% | 32.3% | 24.81% | 29.8% | 36.59% | 31.97% | 34.29% |
| Income Tax | 13.01M | 19.24M | 10.88M | 10.83M | -4.06M | 14.64M | 18.02M | 11.79M | 7.33M | 15.08M | 9.09M | 6.12M | 6.05M | 7.48M | 6.71M | 103K | -8.82M | -19.84M | -10.72M | -1.4M |
| Effective Tax Rate % | 40.49% | 23.81% | 14.92% | 16.88% | -6.96% | 16.3% | 28.98% | 22.18% | 15.3% | 23.92% | 22.91% | 17.72% | 16.47% | 18.26% | 20.33% | 0.46% | -31.61% | -55.4% | -42.24% | -5.63% |
| Net Income | 19.11M | 61.56M | 62.06M | 53.32M | 62.46M | 75.2M | 44.15M | 41.38M | 40.62M | 47.96M | 30.6M | 28.41M | 30.67M | 33.47M | 26.3M | 22.38M | 36.73M | 55.65M | 36.09M | 26.32M |
| Net Margin % | 13.15% | 33.27% | 36.82% | 36.54% | 45.17% | 44.6% | 32.27% | 32.66% | 34.41% | 35.45% | 26.94% | 26.19% | 27.64% | 29.04% | 25.74% | 24.69% | 39.22% | 56.85% | 45.48% | 36.22% |
| Net Income Growth % | -69.4% | -18.14% | 40.55% | 28.86% | 53.77% | 56.8% | 44.28% | 45.66% | 32.44% | 43.29% | 16.36% | 26.91% | -16.5% | -39.86% | -27.13% | -14.96% | 70.95% | 222.95% | - | - |
| Net Income (Continuing) | 19.11M | 61.56M | 62.06M | 53.32M | 62.46M | 75.2M | 44.15M | 41.38M | 40.62M | 47.96M | 30.6M | 28.41M | 30.67M | 33.47M | 26.3M | 22.38M | 36.73M | 55.65M | 36.09M | 26.32M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.10 | 0.31 | 0.31 | 0.27 | 0.31 | 0.37 | 0.22 | 0.21 | 0.20 | 0.24 | 0.15 | 0.13 | 0.14 | 0.16 | 0.12 | 0.10 | 0.17 | 0.26 | 0.17 | 0.06 |
| EPS Growth % | -67.74% | -16.22% | 40.91% | 28.57% | 55% | 54.17% | 46.67% | 61.54% | 42.86% | 50% | 25% | 30% | -17.65% | -38.46% | -29.41% | 72.41% | 187.65% | 790.41% | - | - |
| EPS (Basic) | 0.10 | 0.33 | 0.33 | 0.28 | 0.33 | 0.40 | 0.24 | 0.22 | 0.22 | 0.26 | 0.16 | 0.15 | 0.16 | 0.17 | 0.14 | 0.12 | 0.17 | 0.29 | 0.19 | 0.06 |
| Diluted Shares Outstanding | 195.03M | 199.22M | 200.75M | 201.16M | 202.99M | 202.23M | 200.41M | 199.22M | 201.11M | 200.46M | 209.01M | 212.35M | 212.74M | 212.06M | 213.95M | 214.95M | 215.86M | 216.4M | 216.67M | 197.44M |
| Basic Shares Outstanding | 184.85M | 187.48M | 200.19M | 187.98M | 188.36M | 187.16M | 186.25M | 185.61M | 186.76M | 186.31M | 193.11M | 194.52M | 193.83M | 192.81M | 193.14M | 192.95M | 215.86M | 188.37M | 186.17M | 182.19M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 8.38% | - | - | - |