Doximity (DOCS) Free Cash Flow (2020 - 2026)
Doximity (DOCS) posted quarterly Free Cash Flow of $116.2 million for Q1 2026, up 12.24% year-over-year from $103.5 million in Q1 2025, and up 98.32% quarter-over-quarter from $58.6 million in Q4 2025.
Doximity (DOCS) Free Cash Flow (2020 - 2026) Analysis & Trends
Doximity (DOCS) has reported Free Cash Flow for 7 consecutive years, with $116.2 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Free Cash Flow rose 12.24% year-over-year to $116.2 million; the TTM figure through Mar 2026 stood at $326.5 million (up 19.47% YoY), while the FY2026 annual figure was $326.5 million, up 19.47% from the prior year.
- Free Cash Flow rose to $116.2 million in Q1 2026 per DOCS's latest filing, from $58.6 million in the prior quarter.
- Across five years, Free Cash Flow topped out at $116.2 million in Q1 2026 and bottomed at $12.9 million in Q3 2023.
- Historically, Free Cash Flow has averaged $58.7 million across 5 years, with a median of $57.1 million in 2023.
- Annual changes were most pronounced in 2023 — Free Cash Flow plunged 67.41% — and 2024, when it surged 419.58%.
- Doximity's Free Cash Flow stood at $48.5 million in 2022, then retreated by 4.84% to $46.1 million in 2023, then surged by 37.43% to $63.4 million in 2024, then retreated by 7.63% to $58.6 million in 2025, then jumped by 98.32% to $116.2 million in 2026.
- Business Quant data shows DOCS's Free Cash Flow at $116.2 million in Q1 2026, $58.6 million in Q4 2025, and $91.6 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 39.72 Bn | 32.40 Bn | 662.02 Mn | 1.13 Bn |
| 2 | BrightSpring Health Services | 12.19 Bn | 11.64 Bn | 492.75 Mn | 14.88 Mn |
| 3 | Healthequity | 8.79 Bn | 8.52 Bn | 256.31 Mn | 81.60 Mn |
| 4 | 10x Genomics | 7.31 Bn | 6.76 Bn | 112.50 Mn | 15.39 Mn |
| 5 | Hinge Health | 7.10 Bn | 6.71 Bn | 183.95 Mn | 99.68 Mn |
| 6 | MiniMed | 5.66 Bn | 5.36 Bn | 480.00 Mn | -226.00 Mn |
| 7 | Waystar Holding | 4.76 Bn | 4.56 Bn | 221.99 Mn | 43.30 Mn |
| 8 | Doximity | 4.46 Bn | 3.77 Bn | 132.93 Mn | 39.67 Mn |
| 9 | Heartflow | 3.66 Bn | 3.28 Bn | 53.19 Mn | - |
| 10 | Privia Health | 2.78 Bn | 2.42 Bn | - | 1.59 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 39.67 Mn |
| Jun 30, 2026 | 39.67 Mn |
| Mar 31, 2026 | 116.17 Mn |
| Mar 31, 2026 | 116.17 Mn |
| Dec 31, 2025 | 58.58 Mn |
| Dec 31, 2025 | 58.58 Mn |
| Sep 30, 2025 | 91.58 Mn |
| Sep 30, 2025 | 91.58 Mn |
| Jun 30, 2025 | 60.14 Mn |
| Jun 30, 2025 | 60.14 Mn |
| Mar 31, 2025 | 103.51 Mn |
| Mar 31, 2025 | 103.51 Mn |
| Dec 31, 2024 | 63.42 Mn |
| Dec 31, 2024 | 63.42 Mn |
| Sep 30, 2024 | 66.80 Mn |
| Sep 30, 2024 | 66.80 Mn |
| Jun 30, 2024 | 39.54 Mn |
| Jun 30, 2024 | 39.54 Mn |
| Mar 31, 2024 | 62.31 Mn |
| Mar 31, 2024 | 62.31 Mn |