Doximity Net Income vs. Current Valuation

DOCS Stock  USD 23.42  -0.89  -3.66%   
Based on the key profitability measurements obtained from Doximity's financial statements, Doximity may not be well positioned to generate adequate gross income at this time. It has a very high odds of underperforming in April. Profitability indicators assess Doximity's ability to earn profits and add value for shareholders.
 
Net Income  
 First Reported
2019-12-31
 Previous Quarter
62.1 M
 Current Value
61.6 M
 Quarterly Volatility
19.8 M
Macro event markers
 
Covid
 
Interest Hikes
As of 03/27/2026, Price To Sales Ratio is anticipated to decline to 20.77. In addition to that, Days Sales Outstanding is anticipated to decline to 65.74. Income Tax Expense is currently at 48.77 Million, reflecting a change of 4.76%. A year ago, Doximity reported Income Tax Expense at 46.45 Million. As of 03/27/2026, Net Income Per Share is forecasted to advance to 1.13 this year, while Net Income Applicable To Common Shares are moving lower toward slightly above 70.9 M. As of 03/27/2026, Gross Profit is anticipated to decline to approximately 308.1 M. In addition to that, Pretax Profit Margin is anticipated to decline to 0.24.
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.70.81
Fairly Down
Slightly volatile
Net Profit Margin0.230.35
Way Down
Slightly volatile
Operating Profit Margin0.220.36
Way Down
Slightly volatile
Pretax Profit Margin0.240.42
Way Down
Slightly volatile
Return On Assets0.120.16
Way Down
Slightly volatile
Return On Equity0.230.24
Sufficiently Down
Very volatile
Return on equity and margin analysis for Doximity provide context on earnings efficiency. The information reflects the current reporting dataset.

Segment Revenue Profile

Doximity's top line is composed of 2 product-level revenue streams. Subscription leads at 175.38 Million, representing roughly 94.8% of the total, followed by Service, Other at 9.67 Million (5.2%). Doximity's revenue profile shows high single-segment dependence, which investors should weigh against the stability of that product market.
Investing Opportunities.
Researching Doximity Stock? See our How to Buy Doximity guide. The guide includes approaches for both long-term investing and shorter-term trading of Doximity Stock. The guide provides a structured overview of the trading process for Doximity.EPS projections for Doximity aggregate analyst models into a benchmark against which actual results are measured. Return on equity of 23.82% provides context for how efficiently Doximity generates earnings from shareholder capital. The gap between Doximity's EPS and free cash flow per share signals how much of reported earnings converts to cash. Doximity's EPS estimates are updated as new analyst reports and company disclosures become available. Analyst consensus for Doximity typically uses EPS figures that exclude non-recurring items. Values are based on disclosed financial data across reporting cycles.
Macro event markers
 
Covid
 
Interest Hikes
Analyst consensus places Doximity EPS at 0.3448 for 30th of June 2026. All values trace back to audited or reported financial documents..

Earnings Segment Revenue Breakdown for Doximity Overview

This chart illustrates Doximity's revenue composition by product line based on the latest available data. The smallest reported segment is Service, Other at 5.2% of total revenue.
These estimates offer context for valuation and trend interpretation. This view provides informational context for Doximity earnings expectations over time.
 Quarterly Earnings Growth
-0.16
 Earnings Share
1.19
 Revenue Per Share
3.395
 Quarterly Revenue Growth
0.098
 Return On Assets
0.1284
Comparing Doximity's market price with book value reveals how market sentiment relates to accounting fundamentals. The information is presented without directional commentary.
For Doximity, intrinsic value is a model-driven estimate while price is a market-driven observation. For Doximity, key inputs include a P/E ratio of 67.68, a P/B ratio of 4.6, a profit margin of 37.54%, and ROE of 23.82%.

Doximity Current Valuation vs. Net Income Fundamental Analysis

Financial ratio benchmarking estimates Doximity's competitive valuation profile.
Doximity is rated below average in net income relative to competitors. It is rated below average in current valuation relative to competitors yielding 16.96 of Current Valuation per Net Income. Net Income is evolving in line with broader financial reporting trends. A year ago, Doximity reported Net Income at 256.66 Million. Earnings-based multiples benchmark Doximity's market valuation.

Doximity Current Valuation vs. Net Income

Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Doximity

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

 = 
223.19 M
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account all liquid assets, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.

Doximity

Enterprise Value

 = 

Market Cap + Debt

-

Cash

 = 
3.78 B
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.

Doximity Current Valuation vs Competition

Doximity is rated below average in current valuation relative to competitors. After adjusting for long-term liabilities, total market size of Health Care industry is currently estimated at about 148.45 Billion. Doximity holds roughly 3.78 Billion in current valuation claiming about 2.55% of equities under Health Care sector.

Doximity Profitability Projections

A key trait of a strong company is its ability to earn a profit, and for Doximity investors this matters a lot. Checking Doximity's current margins against past averages shows if profits are trending the right way. Doximity currently maintains a profit margin of 37.5%.
Last ReportedEnd Of Year Estimate
Accumulated Other Comprehensive Income1.5 M1.6 M
Net Interest Income41.2 M43.3 M
Interest Income41.2 M43.3 M
Operating Income262 M275.1 M
Net Income From Continuing Ops256.7 M269.5 M
Income Before Tax303.1 M318.3 M
Total Other Income Expense Net41.1 M43.2 M
Net Income Applicable To Common Shares129.7 M70.9 M
Net Income256.7 M269.5 M
Income Tax Expense46.4 M48.8 M
Change To Netincome-2.4 M-2.3 M
Net Income Per Share 1.08 1.13
Income Quality 1.41 1.47
Net Income Per E B T 0.97 1.10

Doximity Profitability Driver Comparison

The key profitability drivers of Doximity determine how much profit the company generates over time. External shocks can disrupt Doximity's financial results at any time, adding an inherent layer of unpredictability. Understanding these drivers helps investors separate temporary disruptions from structural changes in Doximity's profits. Track changes in Doximity's profitability drivers to maintain a current view of its investment attractiveness.

Earnings per Share Projection vs Actual

Use Doximity in pair-trading

Using Doximity in a pair-trading setup can improve risk control because gains and losses are judged against a second position instead of against the market alone. The key question is whether the second leg adds real hedge value instead of just creating a more complex version of the same risk.

Doximity Pair Trading

Doximity Pair Trading Analysis

Tax-loss harvesting on Doximity requires identifying a similar asset for the 30-day wash-sale period. Assets with high correlation to Doximity can serve as substitutes while preserving market exposure. Institutional investors use correlation analysis to build Doximity replacement strategies beyond sector matching. Tax-aware investors benefit from systematic correlation analysis when managing Doximity positions.
Correlation analysis for Doximity reveals which assets move together and which provide hedging benefits. Pairing Doximity with uncorrelated instruments can reduce portfolio volatility without reducing expected returns. Readings above 0.8 indicate strongly correlated pairs with minimal diversification benefit around Doximity. Investors who monitor Doximity correlations can identify regime changes before they impact portfolio risk.
Correlation analysis provides a foundation for evaluating pair-based hedging approaches for Doximity. The information reflects available price and trading data.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Doximity position

Doximity operates in Healthcare/Health Information Services at 4.55 Billion market cap - a thematic view expands this smaller-cap position into a broader portfolio concept. Doximity smaller-cap scale (4.55 Billion) within Health Information Services helps compare substitutes, complements, and diversifiers that strengthen the overall Healthcare allocation.

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