NYSE$DOCS

Doximity Inc. · Q3 2024 earnings

Q3 2024 earnings · · Investor relations

Briefing

Doximity Inc. Q3 fiscal 2024: $135.3M revenue, $48.0M net income

for the fiscal year ended March 31, 2023 filed with the Securities and Exchange Commission, the SEC, on May 26, 2023, and elsewhere in this Quarterly Report on Form 10-Q, as well as in our other filings with the SEC. (SEC accession 0001516513-24-000009)

  • Revenue: $135.3M
  • Net income: $48.0M
  • Diluted EPS: $0.24
  • Operating income: $58.6M
  • Gross profit: $123.1M

Headline financials

Total Revenue

$135M

Previous: $115M+17.4%
EPS

$0.24

Previous: $0.22+9.1%
Capital Expenditures

-$147K

Previous: -$1.68M+91.3%
Free Cash Flow

$47.8M

Previous: $31.8M+50.4%
Net Income

$48M

Previous: $33.5M+43.3%
Operating Income

$58.6M

Previous: $38.5M+52.1%
Gross Profit

$123M

Previous: $102M+21.0%
Cash & Equivalents

$123M

Previous: $136M-9.8%
Total Assets

$1B

Previous: $1.07B-6.2%
R&D Expense

$22.6M

No prior period
Stock-Based Comp

$17.1M

Previous: $14M+22.2%

Revenue & EPS history

Doximity · Revenue · Quarterly

$135M

Q3 2024+17.4%vs Q3 2023
Beat estimate in 13 of 14 quarters(93%)
ActualEstimate

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 Q3 2024

Historical avgQ3 2024

+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

Earnings price reactions
QuarterReport dateReaction (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

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