NYSE$DOCS
Doximity Inc. · Q1 2022 earnings
Q1 2022 earnings · · Investor relations
Briefing
Reported strong financial results with triple-digit revenue growth and record profit margins.
Doximity reported a strong first quarter for fiscal year 2022, with revenue up 100% year-over-year and net income margin of 36%. The company's adjusted EBITDA margin was 43%.
- Revenue was $72.7 million, up 100% year-over-year.
- Net income was $26.3 million, representing a margin of 36%.
- Adjusted EBITDA was $31.2 million, representing a margin of 43%.
- Net revenue retention was 167%.
Headline financials
Revenue & EPS history
Doximity · Revenue · Quarterly
$72.7M
Forward guidance
Doximity is providing guidance for its fiscal second quarter ending September 30, 2021 as follows: Revenue between $73.0 million and $74.0 million. Adjusted EBITDA between $26.4 million and $27.4 million. Doximity is providing guidance for its fiscal year ending March 31, 2022 as follows: Revenue between $296.5 million and $299.5 million. Adjusted EBITDA between $106.0 million and $109.0 million.
Tailwinds
- Revenue between $73.0 million and $74.0 million for the fiscal second quarter ending September 30, 2021.
- Adjusted EBITDA between $26.4 million and $27.4 million for the fiscal second quarter ending September 30, 2021.
- Revenue between $296.5 million and $299.5 million for the fiscal year ending March 31, 2022.
- Adjusted EBITDA between $106.0 million and $109.0 million for the fiscal year ending March 31, 2022.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q1 2022
+5.5%
Avg return
Earnings day
+2.9%
Avg return
5 days after
+3.3%
Avg return
30 days after
64%
14 / 22 earnings
Positive
+45.6%
Q2 2023
Best reaction
-26.6%
Q1 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q4 2026 | +5.3% | -17.6% | -14.3% | |
| Q3 2026 | -16.8% | -22.1% | -23.9% | |
| Q2 2026 | -13.0% | -18.6% | -26.6% | |
| Q1 2026 | +13.4% | +9.3% | +18.4% | |
| Q4 2025 | -10.1% | -13.2% | -4.3% | |
| Q3 2025 | +36.0% | +29.0% | +9.8% | |
| Q4 2024 | +17.5% | +18.1% | +25.2% | |
| Q3 2024 | +4.3% | +5.9% | +1.9% | |
| Q2 2024 | +13.1% | +20.6% | +16.3% | |
| Q1 2024 | -26.6% | -30.9% | -31.6% | |
| Q4 2023 | -6.4% | -6.2% | -5.2% | |
| Q3 2023 | -14.9% | -11.0% | -22.0% | |
| Q2 2023 | +45.6% | +36.6% | +48.5% | |
| Q1 2023 | -11.1% | -13.1% | -22.2% | |
| Q4 2020 | +3.2% | +4.7% | +22.3% | |
| Q4 2022 | -8.1% | -4.3% | -1.9% | |
| Q3 2021 | +21.1% | +13.9% | -6.8% | |
| Q3 2022 | +27.3% | +16.1% | +2.9% | |
| Q2 2021 | +0.2% | -7.5% | -29.5% | |
| Q2 2022 | +1.4% | +3.4% | -19.1% | |
| Q4 2021 | +8.0% | +7.8% | +44.9% | |
| Q1 2022 | +31.5% | +41.9% | +89.2% | |
| Q1 2021 | — | — | — | |
| Q3 2020 | — | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro