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
DateValue
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%