Doximity (DOCS) FCF Margin (2020 - 2026)
Doximity's (DOCS) quarterly FCF Margin came in at 79.91% in Q1 2026, up 506.0% year-on-year from 13.19% in Q1 2025, and up 152.45% on a QoQ basis 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 79.91% in Q1 2026.
- On a quarterly basis, FCF Margin rose 506.0% year-over-year to 79.91% in Q1 2026; TTM through Mar 2026 was 50.62%, a 272.0% increase from a year earlier, with the FY2026 full-year figure at 50.62%, up 272.0% from the prior year.
- FCF Margin for Q1 2026 stood at 79.91%, up from 31.65% in the prior quarter.
- Over the last five years, FCF Margin for DOCS reached as high as 79.91% in Q1 2026 and fell as low as 11.32% in Q3 2023.
- Historically, FCF Margin has averaged 45.03% across 5 years, with a median of 42.07% in 2022.
- Across the five-year window, FCF Margin slumped 2729 bps in 2023 and surged 3750 bps in 2024, its largest moves.
- Year by year, FCF Margin stood at 42.07% in 2022, then slipped by 19 bps to 34.11% in 2023, then rose by 10 bps to 37.61% in 2024, then fell by 16 bps to 31.65% in 2025, then soared by 152 bps to 79.91% in 2026.
- Per Business Quant data, the three most recent FCF Margin figures were 79.91% 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 | 31.66 Bn | 24.35 Bn | 662.02 Mn | 127.46% |
| 2 | BrightSpring Health Services | 14.67 Bn | 13.77 Bn | 482.22 Mn | 2.81% |
| 3 | Healthequity | 8.29 Bn | 8.02 Bn | 256.31 Mn | 23.01% |
| 4 | Hinge Health | 5.93 Bn | 5.62 Bn | 154.23 Mn | 23.59% |
| 5 | 10x Genomics | 5.87 Bn | 5.33 Bn | 106.18 Mn | 17.24% |
| 6 | MiniMed | 4.49 Bn | 4.19 Bn | 480.00 Mn | -27.00% |
| 7 | Waystar Holding | 4.45 Bn | 4.38 Bn | 216.84 Mn | 22.17% |
| 8 | Doximity | 3.94 Bn | 3.19 Bn | 125.97 Mn | 79.91% |
| 9 | Privia Health | 3.18 Bn | 2.76 Bn | - | -8.03% |
| 10 | Omnicell | 1.85 Bn | 1.62 Bn | 140.36 Mn | 18.01% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 79.91% |
| Dec 31, 2025 | 31.65% |
| Sep 30, 2025 | 54.34% |
| Jun 30, 2025 | 41.21% |
| Mar 31, 2025 | 74.85% |
| Dec 31, 2024 | 37.61% |
| Sep 30, 2024 | 48.82% |
| Jun 30, 2024 | 31.21% |
| Mar 31, 2024 | 52.78% |
| 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 | 38.61% |
| Jun 30, 2022 | 47.81% |
| Mar 31, 2022 | 47.02% |
| Dec 31, 2021 | 27.14% |
| Sep 30, 2021 | 24.02% |
| Jun 30, 2021 | 45.60% |