Doximity, Inc. reported results for the 2026 quarter with revenue of $156.62M, net income of $24.32M and diluted EPS of $0.13, versus $145.91M, $53.32M and $0.27 in the prior-year quarter.
Financial Highlights
| MetricCurrent quarterPrior year quarterYoY change | Revenue¹$156.62M$145.91M7.3% | Net income²$24.32M$53.32M(54.4%) | Diluted EPS³$0.13$0.27(51.9%) |
¹ Reported as “Revenue”. ² Reported as “Net income”. ³ Reported as “Diluted earnings per share”.
Business Highlights
- Revenue growth of 7% was driven by $8.4M in subscription growth, with subscriptions contributing 93% of revenue.
- Adoption of Workflow and AI tools (Ask, Scribe, Dialer) lifted active provider growth by 32% year over year.
- Platform scale remained large with over 3 million registered members, representing about 85% of U.S. physicians.
- Investments in R&D and cloud/AI to support the Clinical AI Suite increased, reducing gross margin by roughly 4 percentage points.
- Revenue concentration persisted: 127 customers generated more than $500K TTM and accounted for about 83% of revenue.
Original SEC Filing:
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