Company Analysis

Doximity, Inc. (DOCS)

NYSE: DOCS · Services-Computer Programming Services · San Francisco, CA · filing with the SEC since 2011
Grade7.4
◀ Past 8.3● Present 8.0▶ Future 6.3

The grade of Doximity, Inc.

Nine metrics read from its own filings, by tense
Headline grade
7.4/10
◀ Past8.325% of the headline
● Present8.035% of the headline
▶ Future6.340% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

All nine metrics read as filed from the record.

◀ Past

What did they actually do?

8.3/1025% of the headline grade · 3 of 3 filed

Surviving crises

as filed
7.5/10

Has it survived what it has been through?

No warning events in its filings since 2017.

weight 22% of this tense · 75th percentile among 34 sector filers · read for itself

From the record

Doximity, Inc.'s filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
8.2/10

What has it actually done, year after year?

+33% a year over 7 filed years; profitable in 7 of 7.

weight 45% of this tense · 82nd percentile among 33 sector filers · read for its customers

From the record

Doximity, Inc.'s 7 filed years say what it did: revenue went from $116 million in fiscal 2020 to $645 million in fiscal 2026, up 33% a year; it rose in 6 of 6 years; it never fell from a peak; net income was positive in 7 of 7 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span33.0%top 20% of its family
  • the share of years revenue rosetop 17% of its family
  • the share of filed years with a profittop 20% of its family
  • the deepest fall from a revenue peak0.0%top 17% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
8.9/10

How has it treated the people who own it?

Share count shrank 2.3% a year. 100% of cash flow returned. Insiders: 22 sales, 0 purchases.

weight 33% of this tense · 89th percentile among 20 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2026-03-31, Doximity, Inc.'s diluted share count shrank about 2.3% a year, and dividends and buybacks returned about 100% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 22 sales (22 under scheduled 10b5-1 plans) and 0 purchases of their own stock on the open market in the year to 2026-11-09 (their Form 4 filings).

What it rests on

  • the share count over the yearstop 15% of its family
  • cash returned against operating cash flowtop 7% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

8.0/1035% of the headline grade · 3 of 3 filed

Financial health

as filed
8.8/10

Is it financially healthy right now?

ROE 21%: 21¢ of profit per shareholder dollar. Leverage 15%: owes 15¢ per asset dollar.

weight 45% of this tense · 88th percentile among 31 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2026-03-31, Doximity, Inc. earned about 21 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 51 cents per dollar of everything the company owns. Leverage: it owed about 15 cents per dollar of assets, and net share issuance: its share count shrank 1.1% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetstop 11% of its family
  • return on equitytop 9% of its family
  • gross profit against assetstop 6% of its family
  • the share count against the year beforetop 23% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
7.6/10

How strong is its position in its industry?

top 24% of 33 in its family; net margin 30.4%.

weight 33% of this tense · 76th percentile among 33 sector filers · read for its customers

From the record

Doximity, Inc.'s standing among 33 graded names in its industry family: revenue of $645 million in fiscal 2026 ranks in the top 35% by size; a net margin of 30.4% ranks in the top 8%; revenue growth of 15.4% a year over the last 3 filed years ranks in the top 29% (its annual reports).

What it rests on

  • revenue against the family$645Mtop 35% of its family
  • net margin30.4%top 8% of its family
  • three-year revenue growth15.4%top 29% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
7.0/10

What are the people in charge doing?

top 30% of 11 in its family for leadership; chief executive since 2021.

weight 22% of this tense · 70th percentile among 11 sector filers · read for its shareholders

From the record

Doximity, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Tangney, Jeffrey (Chief Executive Officer, as filed), filing under that title since 2021-06-23, 5.4 years (top 19% of its family); the 10 officers and directors filing in the last fifteen months have been on the record a median of 5.4 years (top 50%); 5 officer or director changes were reported on Form 8-K since 2023-11-13, against the 10 people in charge now (top 21%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge5 in three years among 10 peopletop 21% of its family
  • the median years the people in charge have filed5.4 yearstop 50% of its family
  • the chief executive's years on the record5.4 yearstop 19% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

6.3/1040% of the headline grade · 3 of 3 filed

Room to expand

as filed
8.1/10

How much room does it have to grow?

top 19% of 32 in its family for room to expand.

weight 22% of this tense · 81st percentile among 32 sector filers · read for itself

From the record

Doximity, Inc.'s room to grow, from the newest filed statements (fiscal 2026): cash of $219 million against no long-term debt tagged leaves 19.5% of its assets as net cash, top 32% of its family; cash from operations less capital spending is 50.6% of revenue (top 5%); a gross margin of 89.1% (top 2%); research spending of 20.3% of revenue (top 37%) (its annual report).

What it rests on

  • cash less debt against assets19.5%top 32% of its family
  • cash from operations less capital spending against revenue50.6%top 5% of its family
  • gross margin89.1%top 2% of its family
  • research spending against revenue20.3%top 37% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
5.7/10

What could actually drive growth from here?

top 43% of 33 in its family for growth drivers.

weight 45% of this tense · 57th percentile among 33 sector filers · read for its customers

From the record

Doximity, Inc.'s growth drivers, from the filed years to fiscal 2026: revenue grew 15.4% a year over the last three filed years against 33% over all 7, slowing (bottom 17% of its family); the newest year grew 13.1% (top 29%); research spending grew 17.7% a year (top 17%) (its annual reports). Doximity, Inc. reported 2 product lines in fiscal 2026: Subscription at $608 million (94%), Service Other at $36 million (6%); 2 of 2 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span-17.6 points a yearbottom 17% of its family
  • the newest year's revenue growth13.1%top 29% of its family
  • three-year growth of research spending17.7%top 17% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
5.8/10

Did its newest year beat what its own record pointed to?

top 42% of 29 in its family for expectations against reality.

weight 33% of this tense · 58th percentile among 29 sector filers · read for its shareholders

From the record

Doximity, Inc.'s newest year against its own record: revenue of $645 million in fiscal 2026 came in 3.1% below the $665 million its prior three years' pace pointed to (bottom 47% of its family); net income of $196 million against a prior three-year average of $161 million (top 22%); a net margin of 30.4% against 32.4% before (top 50%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace-3.1%bottom 47% of its family
  • net income against the prior three years' average+22%top 22% of its family
  • net margin against its prior average-2.0 pointstop 50% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton DOCS · research, not advice