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% quarter-over-quarter from 31.65% in Q4 2025.

Doximity (DOCS) FCF Margin (2020 - 2026) Analysis & Trends

Doximity (DOCS) has 7 years of FCF Margin data on file, last reported at 73.79% in Q1 2026.

  • FCF Margin for Q1 2026 came in at 73.79%, up 366.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 49.24% (up 248.0% YoY), and the FY2026 annual result was 49.24%, up 248.0% from the prior year.
  • FCF Margin grew to 73.79% in Q1 2026 per DOCS's latest filing, from 31.65% in the prior quarter.
  • Over five years, FCF Margin peaked at 73.79% in Q1 2026 and troughed at 11.32% in Q3 2023.
  • A 5-year average of 44.64% and a median of 41.37% in 2022 frame the typical range for FCF Margin.
  • The sharpest annual moves came in 2023 and 2024: FCF Margin tumbled 2632 bps in 2023, then jumped 3750 bps in 2024.
  • A 5-year view of FCF Margin shows it stood at 41.37% in 2022, then dropped by 11 bps to 36.97% in 2023, then grew by 2 bps to 37.61% in 2024, then slipped by 16 bps to 31.65% in 2025, then surged by 133 bps to 73.79% in 2026.
  • Business Quant data shows DOCS's FCF Margin at 73.79% in Q1 2026, 31.65% in Q4 2025, and 54.34% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Veeva Systems 24.83 Bn 17.52 Bn 662.02 Mn 127.46%
2 BrightSpring Health Services 13.57 Bn 12.69 Bn 482.22 Mn 3.30%
3 Healthequity 7.20 Bn 6.93 Bn 256.31 Mn 23.01%
4 Hinge Health 5.42 Bn 5.11 Bn 154.23 Mn 23.62%
5 10x Genomics 4.46 Bn 3.92 Bn 106.18 Mn 17.24%
6 Doximity 3.81 Bn 3.06 Bn 125.97 Mn 73.79%
7 Waystar Holding 3.52 Bn 3.36 Bn 268.04 Mn 22.17%
8 Privia Health 2.94 Bn 2.57 Bn 595.71 Mn -8.19%
9 Omnicell 1.76 Bn 1.59 Bn 140.36 Mn 13.57%
10 Teladoc Health 1.45 Bn 696.57 Mn 562.57 Mn -4.02%

Historic Data

Download Data
DateValue
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 54.16%
Dec 31, 2023 36.97%
Sep 30, 2023 11.32%
Jun 30, 2023 52.67%
Mar 31, 2023 41.12%
Dec 31, 2022 41.37%
Sep 30, 2022 37.64%
Jun 30, 2022 47.81%
Mar 31, 2022 47.02%
Dec 31, 2021 27.25%
Sep 30, 2021 23.92%
Jun 30, 2021 45.55%