Earnings ·
Doximity reports $174.5M Q2 revenue, net income falls to $34.7M as adjusted EBITDA margin drops to 51%
DOCSDoximity, Inc.
Doximity reported fiscal 2027 second quarter results with total revenues of $174.5 million, a 4% increase year-over-year. Net income declined significantly to $34.7 million from $62.1 million in the prior year period, resulting in a net margin of 20%. Adjusted EBITDA decreased by 12% to $88.9 million with a margin of 51%, while diluted GAAP earnings per share fell to $0.18 from $0.31. The company provided fiscal third quarter revenue guidance between $195 million and $196 million and updated full-year revenue expectations to $678–$683 million. Doximity operates the leading digital platform for U.S. medical professionals, providing AI-powered clinical tools and a network serving over 85% of physicians.