Doximity (DOCS) Gross Margin (2020 - 2025)
Doximity (DOCS) has disclosed Gross Margin for 6 consecutive years, with 89.89% as the latest value for Q4 2025.
- On a quarterly basis, Gross Margin fell 169.0% to 89.89% in Q4 2025 year-over-year; TTM through Dec 2025 was 89.75%, a 44.0% decrease, with the full-year FY2025 number at 90.2%, up 86.0% from a year prior.
- Gross Margin was 89.89% for Q4 2025 at Doximity, roughly flat from 90.25% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 91.59% in Q4 2024 to a low of 85.57% in Q2 2022.
- A 5-year average of 88.86% and a median of 88.89% in 2023 define the central range for Gross Margin.
- Peak YoY movement for Gross Margin: surged 1065bps in 2021, then crashed -344bps in 2022.
- Doximity's Gross Margin stood at 88.67% in 2021, then fell by 0bps to 88.26% in 2022, then grew by 3bps to 90.99% in 2023, then rose by 1bps to 91.59% in 2024, then dropped by -2bps to 89.89% in 2025.
- Per Business Quant, the three most recent readings for DOCS's Gross Margin are 89.89% (Q4 2025), 90.25% (Q3 2025), and 89.18% (Q2 2025).