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| 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 | 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% |