Recent Updates — DOCS
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.