Doximity, Inc. (DOCS) Form 8-K — Aug 6, 2026
Doximity (NYSE: DOCS) reported fiscal 2027 first quarter results for the quarter ended June 30, 2026, with total revenue of $156.6 million, up 7% year-over-year, a growth rate management described as accelerated. Profitability moved sharply lower: GAAP net income fell to $24.3 million (15.5% margin) from $53.3 million (36.5%) a year earlier, adjusted EBITDA declined 6% to $74.8 million, and free cash flow dropped 34% to $39.6 million as stock-based compensation rose to $36.8 million from $21.9 million.
Key figures
- Eps
- 0.13
- Revenue
- $156.6 million
- Guidance
- Fiscal Q2 (ending Sept 30, 2026): revenue $170-171 million, adjusted EBITDA $80.5-81.5 million; fiscal year ending March 31, 2027: revenue $671-681 million, adjusted EBITDA $309-329 million
- Net Income
- $24.3 million
- Revenue Yoy
- +7%
- Total Assets
- $1.08 billion
- Cash Position
- $273.6 million
- Free Cash Flow
- $39.6 million (down 34% YoY)
- Adjusted Ebitda
- $74.8 million (down 6% YoY, 47.7% margin vs 54.7%)
- Non Gaap Net Income
- $55.0 million (35.1% margin, vs $71.9 million / 49.2% prior year)
- Non Gaap Diluted Eps
- 0.29
- Operating Cash Flow
- $42.0 million (down 32% YoY)
- Q1 Share Repurchases
- $91.6 million
- Ai Search Query Growth
- over 25% quarter-over-quarter
- Marketable Securities
- $414.2 million
- Stock Based Compensation
- $36.8 million (vs $21.9 million prior year)
- Workflow Active Prescriber Growth
- more than 30% year-over-year
Price after filing
Close on the filing date to close N calendar days later (from $21.89). Historical, not a forecast.
AI analysis
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