Doximity (DOCS) Asset Utilization Ratio (2021 - 2026)
Doximity (DOCS) posted quarterly Asset Utilization Ratio of 0.57 for Q1 2026, up 20.78% year-over-year from 0.47 in Q1 2025, and up 7.03% quarter-over-quarter from 0.53 in Q4 2025.
Doximity (DOCS) Asset Utilization Ratio (2021 - 2026) Analysis & Trends
Doximity (DOCS) has reported Asset Utilization Ratio for 6 consecutive years, with 0.57 the latest figure, recorded in Q1 2026.
- In Q1 2026, Asset Utilization Ratio rose 20.78% year-over-year to 0.57; the TTM figure through Mar 2026 stood at 0.57 (up 20.78% YoY), while the FY2026 annual figure was 0.54, up 10.96% from the prior year.
- Asset Utilization Ratio advanced to 0.57 in Q1 2026 per DOCS's latest filing, from 0.53 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 0.57 in Q1 2026 and bottomed at 0.35 in Q2 2022.
- Historically, Asset Utilization Ratio has averaged 0.44 across 5 years, with a median of 0.46 in 2024.
- Annual changes were most pronounced in 2022 — Asset Utilization Ratio declined 21.25% — and 2026, when it rose 20.78%.
- Doximity's Asset Utilization Ratio stood at 0.38 in 2022, then increased by 20.56% to 0.46 in 2023, then rose by 3.91% to 0.48 in 2024, then grew by 10.0% to 0.53 in 2025, then rose by 7.03% to 0.57 in 2026.
- Business Quant data shows DOCS's Asset Utilization Ratio at 0.57 in Q1 2026, 0.53 in Q4 2025, and 0.5 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 39.72 Bn | 32.40 Bn | 662.02 Mn | 0.37 |
| 2 | BrightSpring Health Services | 12.19 Bn | 11.64 Bn | 492.75 Mn | 2.36 |
| 3 | Healthequity | 8.79 Bn | 8.52 Bn | 256.31 Mn | 0.40 |
| 4 | 10x Genomics | 7.31 Bn | 6.76 Bn | 112.50 Mn | 0.60 |
| 5 | Hinge Health | 7.10 Bn | 6.71 Bn | 183.95 Mn | 0.93 |
| 6 | MiniMed | 5.66 Bn | 5.36 Bn | 480.00 Mn | 0.68 |
| 7 | Waystar Holding | 4.76 Bn | 4.56 Bn | 221.99 Mn | 0.21 |
| 8 | Doximity | 4.46 Bn | 3.77 Bn | 132.93 Mn | 0.59 |
| 9 | Heartflow | 3.66 Bn | 3.28 Bn | 53.19 Mn | 0.58 |
| 10 | Privia Health | 2.78 Bn | 2.42 Bn | - | 1.62 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.59 |
| Mar 31, 2026 | 0.57 |
| Dec 31, 2025 | 0.53 |
| Sep 30, 2025 | 0.50 |
| Jun 30, 2025 | 0.48 |
| Mar 31, 2025 | 0.47 |
| Dec 31, 2024 | 0.48 |
| Sep 30, 2024 | 0.47 |
| Jun 30, 2024 | 0.46 |
| Mar 31, 2024 | 0.46 |
| Dec 31, 2023 | 0.46 |
| Sep 30, 2023 | 0.41 |
| Jun 30, 2023 | 0.38 |
| Mar 31, 2023 | 0.38 |
| Dec 31, 2022 | 0.38 |
| Sep 30, 2022 | 0.37 |
| Jun 30, 2022 | 0.35 |
| Mar 31, 2022 | 0.36 |
| Dec 31, 2021 | 0.35 |
| Sep 30, 2021 | 0.33 |