Doximity (DOCS) Gross Margin (2020 - 2026)

Doximity's (DOCS) quarterly Gross Margin came in at 86.65% in Q1 2026, down 289.0% year-on-year from 45.85% in Q1 2025, and down 3.61% on a QoQ basis from 89.89% in Q4 2025.

Doximity (DOCS) Gross Margin (2020 - 2026) Analysis & Trends

Doximity (DOCS) has 7 years of Gross Margin data on file, last reported at 86.65% in Q1 2026.

  • On a quarterly basis, Gross Margin fell 289.0% year-over-year to 86.65% in Q1 2026; TTM through Mar 2026 was 89.09%, a 111.0% decrease from a year earlier, with the FY2026 full-year figure at 89.09%, down 111.0% from the prior year.
  • Gross Margin for Q1 2026 stood at 86.65%, down from 89.89% in the prior quarter.
  • Over the last five years, Gross Margin for DOCS reached as high as 91.59% in Q4 2024 and fell as low as 85.57% in Q2 2022.
  • Historically, Gross Margin has averaged 88.79% across 5 years, with a median of 89.18% in 2025.
  • Across the five-year window, Gross Margin plunged 344 bps in 2022 and jumped 272 bps in 2023, its largest moves.
  • Year by year, Gross Margin stood at 88.26% in 2022, then climbed by 3 bps to 90.99% in 2023, then advanced by 1 bps to 91.59% in 2024, then slipped by 2 bps to 89.89% in 2025, then fell by 4 bps to 86.65% in 2026.
  • Per Business Quant data, the three most recent Gross Margin figures were 86.65% in Q1 2026, 89.89% in Q4 2025, and 90.25% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Veeva Systems 32.20 Bn 24.89 Bn 662.02 Mn 74.98%
2 BrightSpring Health Services 14.58 Bn 13.68 Bn 482.22 Mn 13.34%
3 Healthequity 8.29 Bn 8.03 Bn 256.31 Mn 72.27%
4 Hinge Health 5.97 Bn 5.65 Bn 154.23 Mn 84.60%
5 10x Genomics 5.91 Bn 5.37 Bn 106.18 Mn 70.39%
6 MiniMed 4.52 Bn 4.22 Bn 480.00 Mn 57.35%
7 Waystar Holding 4.48 Bn 4.42 Bn 216.84 Mn 69.08%
8 Doximity 3.98 Bn 3.23 Bn 125.97 Mn 86.65%
9 Privia Health 3.14 Bn 2.72 Bn - -
10 Omnicell 1.88 Bn 1.64 Bn 140.36 Mn 45.30%

Historic Data

Download Data
DateValue
Mar 31, 2026 86.65%
Dec 31, 2025 89.89%
Sep 30, 2025 90.25%
Jun 30, 2025 89.18%
Mar 31, 2025 89.54%
Dec 31, 2024 91.59%
Sep 30, 2024 90.01%
Jun 30, 2024 89.30%
Mar 31, 2024 89.36%
Dec 31, 2023 90.99%
Sep 30, 2023 88.77%
Jun 30, 2023 87.87%
Mar 31, 2023 87.67%
Dec 31, 2022 88.26%
Sep 30, 2022 87.07%
Jun 30, 2022 85.57%
Mar 31, 2022 87.44%
Dec 31, 2021 88.67%
Sep 30, 2021 88.72%
Jun 30, 2021 89.01%