Earnings ·
Doximity reported fiscal 2027 first quarter results for the period ended June 30, 2026
DOCSDoximity, Inc.
Doximity reported fiscal 2027 first quarter results for the period ended June 30, 2026. Total revenue increased 7% year-over-year to $156.6 million from $145.9 million. GAAP net income was $24.3 million with a 15.5% margin, down from $53.3 million in the prior year period. Adjusted EBITDA decreased 6% to $74.8 million, reflecting a 47.7% margin compared to 54.7% previously. Diluted GAAP net income per share was $0.13 versus $0.27 year-over-year. Operating cash flow fell 32% to $42.0 million and free cash flow declined 34% to $39.6 million. The company provided fiscal second quarter revenue guidance of $170–$171 million and updated full-year revenue expectations to $671–$681 million. Doximity operates in the healthcare technology industry, providing a digital platform for U.S. medical professionals.