Doximity, Inc.

Annual Trend FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Revenue $116.4m $206.9m $343.5m $419.1m $475.4m $570.4m $644.9m
Cost of revenue $14.9m $31.2m $39.8m $53.5m $50.7m $55.9m $70.3m
Gross profit $101.5m $175.7m $303.8m $365.6m $424.8m $514.5m $574.5m
Research and development $32.4m $43.9m $62.4m $80.2m $82.0m $93.0m $130.7m
Total operating expenses $79.3m $122.4m $190.2m $240.5m $260.9m $286.7m $359.6m
Income from operations $22.2m $53.3m $113.5m $125.1m $163.9m $227.8m $214.9m
Sales and marketing $39.4m $62.0m $92.1m $123.5m $133.1m $145.7m $163.6m
General and administrative $7.4m $16.5m $35.7m $36.7m $37.8m $45.7m $65.3m
Restructuring and impairment charges $0 $7.9m $2.3m $0
Other income, net $1.4m $4.5m $469k $8.0m $21.3m $35.8m $35.1m
Provision for income taxes ($6.2m) $7.6m ($40.8m) $20.3m $37.6m $40.4m $54.0m
Income before income taxes $23.5m $57.8m $114.0m $133.2m $185.2m $263.6m $250.0m
Net income $29.7m $50.2m $154.8m $112.8m $147.6m $223.2m $196.1m
Basic (in dollars per share) $0.45 $0.68 $0.95 $0.58 $0.78 $1.19 $1.05
Diluted (in dollars per share) $0.36 $0.53 $0.81 $0.53 $0.72 $1.11 $0.98