Growth Metrics

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.

  • Quarterly Gross Margin fell 169.0% to 89.89% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 89.75% through Dec 2025, down 44.0% year-over-year, with the annual reading at 90.2% for FY2025, 86.0% up from the prior year.
  • Gross Margin for Q4 2025 was 89.89% at Doximity, roughly flat from 90.25% in the prior quarter.
  • The five-year high for Gross Margin was 91.59% in Q4 2024, with the low at 85.57% in Q2 2022.
  • Average Gross Margin over 5 years is 88.86%, with a median of 88.89% recorded in 2023.
  • The sharpest move saw Gross Margin soared 1065bps in 2021, then plummeted -344bps in 2022.
  • Over 5 years, Gross Margin stood at 88.67% in 2021, then dropped by 0bps to 88.26% in 2022, then increased by 3bps to 90.99% in 2023, then grew by 1bps to 91.59% in 2024, then decreased by -2bps to 89.89% in 2025.
  • According to Business Quant data, Gross Margin over the past three periods came in at 89.89%, 90.25%, and 89.18% for Q4 2025, Q3 2025, and Q2 2025 respectively.