Doximity (DOCS) FCF Margin (2020 - 2026)
Doximity's (DOCS) quarterly FCF Margin came in at 25.33% in Q2 2026, down 1589.0% year-over-year from 1.7% in Q2 2025, and down 65.68% quarter-over-quarter from 73.79% in Q1 2026.
Analysis
Doximity (DOCS) FCF Margin (2020 - 2026) Analysis & Trends
Doximity (DOCS) has reported FCF Margin for 7 consecutive years, with 25.33% the latest figure, recorded in Q2 2026.
- On a quarterly basis, FCF Margin fell 1589.0% year-over-year to 25.33% in Q2 2026; TTM through Jun 2026 was 45.32%, a 341.0% decrease from a year earlier, with the FY2026 full-year figure at 49.24%, up 248.0% from the prior year.
- FCF Margin was 25.33% for Q2 2026 at Doximity, down from 73.79% in the prior quarter.
- Over five years, FCF Margin peaked at 73.79% in Q1 2026 and troughed at 10.26% in Q3 2023.
- A 5-year average of 43.42% and a median of 41.29% in 2025 frame the typical range for FCF Margin.
- Across the five-year window, FCF Margin tumbled 2738 bps in 2023 and soared 3856 bps in 2024, its largest moves.
- Over 5 years, FCF Margin stood at 41.37% in 2022, then decreased by 13 bps to 36.05% in 2023, then rose by 4 bps to 37.61% in 2024, then decreased by 16 bps to 31.65% in 2025, then declined by 20 bps to 25.33% in 2026.
- The last three FCF Margin figures came in at 25.33% (Q2 2026), 73.79% (Q1 2026), and 31.65% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 44.53 Bn | 37.29 Bn | 695.95 Mn | 24.86% |
| 2 | Waystar Holding | 4.81 Bn | 4.62 Bn | 221.99 Mn | 13.54% |
| 3 | Doximity | 4.74 Bn | 4.05 Bn | 132.93 Mn | 25.33% |
| 4 | CCC Intelligent Solutions Holdings | 4.41 Bn | 4.30 Bn | 210.64 Mn | 28.83% |
| 5 | EverCommerce | 1.40 Bn | 1.27 Bn | 119.50 Mn | 13.26% |
| 6 | Schrodinger | 1.32 Bn | 904.47 Mn | 32.43 Mn | -58.47% |
| 7 | Certara | 1.21 Bn | 1.03 Bn | 58.15 Mn | 3.18% |
| 8 | GoodRx Holdings | 1.18 Bn | 887.53 Mn | 179.41 Mn | 33.32% |
| 9 | Healthstream | 853.81 Mn | 787.08 Mn | 54.72 Mn | 7.05% |
| 10 | Phreesia | 677.81 Mn | 677.81 Mn | 110.19 Mn | 11.06% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 25.33% |
| 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 | 52.78% |
| Dec 31, 2023 | 36.05% |
| Sep 30, 2023 | 10.26% |
| Jun 30, 2023 | 51.36% |
| Mar 31, 2023 | 41.12% |
| Dec 31, 2022 | 41.37% |
| Sep 30, 2022 | 37.64% |
| Jun 30, 2022 | 47.81% |
| Mar 31, 2022 | 49.03% |
| Dec 31, 2021 | 26.79% |
| Sep 30, 2021 | 23.00% |