NYSE$DOCS

Doximity Inc. · Q4 2025 earnings

Q4 2025 earnings · · After market close · Investor relations

Briefing

Doximity reported Q4 fiscal 2025 revenue of $138.3M with net income of $62.5M and diluted EPS of $0.31.

Revenue grew 17% to $138.3 million as subscription revenue reached $131.9 million. Net income was $62.5 million; non-GAAP net income was $77.7 million. Diluted EPS was $0.31; non-GAAP diluted EPS was $0.38. FY2026 revenue guidance is $619M–$631M.

  • Q4 revenue $138.3M (+17% YoY).
  • Net income $62.5M; non-GAAP net income $77.7M.
  • Physician network engagement and AI workflow tools expanded.
  • FY2026 revenue guide $619M–$631M.

Headline financials

Total Revenue

$138M

Previous: $137M+1.1%
EPS (adj)

$0.38

Previous: $0.25+52.0%
Operating Cash Flow

$98.5M

No prior period
Adjusted EBITDA

$69.7M

No prior period
Net Income

$62.5M

Previous: $44.2M+41.5%
Operating Income

$48.7M

Previous: $55.7M-12.6%
Gross Profit

$124M

Previous: $123M+0.5%

Revenue & EPS history

Doximity · Revenue · Quarterly

$138M

Q4 2025+1.1%vs Q4 2024
Beat estimate in 13 of 14 quarters(93%)
ActualEstimate

Forward guidance

FY2026 revenue guidance of $619M–$631M; subscription growth and AI tools support outlook.

Tailwinds

  • Physician network engagement at record levels.
  • Subscription revenue growth and margin expansion.

Headwinds

  • Pharma marketing spend cyclicality.
  • Competition in digital health workflows.

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 Q4 2025

Historical avgQ4 2025

+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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