Doximity (DOCS) FCF Margin (2020 - 2026)
Doximity (DOCS) reported FCF Margin of 73.79% for Q1 2026, up 366.0% year-over-year from 15.83% in Q1 2025, and up 133.11% on a QoQ basis from 31.65% in Q4 2025.
Doximity (DOCS) has 7 years of FCF Margin data on file, last reported at 73.79% in Q1 2026.
- Quarterly FCF Margin rose 366.0% year-over-year to 73.79% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 49.24% (up 248.0% YoY) and the FY2026 annual result came in at 49.24%, up 248.0% from the prior year.
- FCF Margin advanced to 73.79% in Q1 2026 per DOCS's latest filing, from 31.65% in the prior quarter.
- Across five years, FCF Margin topped out at 73.79% in Q1 2026 and bottomed at 11.32% in Q3 2023.
- The 5-year median for FCF Margin is 41.37% (2022), against an average of 44.64%.
- The widest annual swing landed in 2023, when FCF Margin sank 2632 bps; it then surged 3750 bps in 2024.
- Tracing DOCS's FCF Margin over 5 years: stood at 41.37% in 2022, then decreased by 11 bps to 36.97% in 2023, then advanced by 2 bps to 37.61% in 2024, then retreated by 16 bps to 31.65% in 2025, then soared by 133 bps to 73.79% in 2026.
- Per Business Quant, the three latest DOCS FCF Margin figures stand at 73.79% (Q1 2026), 31.65% (Q4 2025), and 54.34% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 30.85 Bn | 24.28 Bn | 622.47 Mn | 11.94% |
| 2 | BrightSpring Health Services | 12.29 Bn | 11.41 Bn | 482.22 Mn | 3.30% |
| 3 | Healthequity | 7.80 Bn | 7.48 Bn | 256.31 Mn | 23.01% |
| 4 | Hinge Health | 4.82 Bn | 4.51 Bn | 154.23 Mn | 23.62% |
| 5 | Doximity | 4.21 Bn | 3.46 Bn | 125.97 Mn | 73.79% |
| 6 | Waystar Holding | 4.18 Bn | 4.03 Bn | 268.04 Mn | 22.17% |
| 7 | 10x Genomics | 3.78 Bn | 3.24 Bn | 106.18 Mn | 17.24% |
| 8 | Privia Health | 2.65 Bn | 2.28 Bn | 595.71 Mn | -8.19% |
| 9 | Omnicell | 1.95 Bn | 1.78 Bn | 140.36 Mn | 13.57% |
| 10 | Teladoc Health | 1.42 Bn | 672.39 Mn | 562.57 Mn | -4.02% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 73.79% |
| Dec 31, 2025 | 31.65% |
| Sep 30, 2025 | 54.34% |
| Jun 30, 2025 | 41.21% |
| Mar 31, 2025 | 70.13% |
| Dec 31, 2024 | 37.61% |
| Sep 30, 2024 | 48.82% |
| Jun 30, 2024 | 31.21% |
| Mar 31, 2024 | 57.44% |
| Dec 31, 2023 | 34.11% |
| Sep 30, 2023 | 11.32% |
| Jun 30, 2023 | 52.67% |
| Mar 31, 2023 | 39.50% |
| Dec 31, 2022 | 42.07% |
| Sep 30, 2022 | 37.92% |
| Jun 30, 2022 | 48.59% |
| Mar 31, 2022 | 49.03% |
| Dec 31, 2021 | 26.79% |
| Sep 30, 2021 | 23.00% |
| Jun 30, 2021 | 44.59% |
| Mar 31, 2021 | 49.91% |
| Dec 31, 2020 | 40.80% |
| Sep 30, 2020 | 27.95% |
| Jun 30, 2020 | 24.07% |