Doximity (DOCS) Gross Margin (2020 - 2026)
Doximity's Gross Margin came in at 84.87% for fiscal Q1 2027 (quarter ended Jun 30, 2026), down 4.30 percentage points from 89.18% a year earlier and down 1.78 percentage points from the prior quarter.
Doximity (DOCS) Gross Margin (2020 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Doximity reported Gross Margin of 88.07%, down 2.08 percentage points year-over-year; for FY2026 (ended Mar 31, 2026), it was 89.09%, down 1.11 percentage points from FY2025.
- Gross Margin carries a five-year change of +4.17 percentage points (FY2021 to FY2026).
- Going back by fiscal year, Gross Margin was 90.20% in FY2025 (+0.86 pp), 89.34% in FY2024 (+2.11 pp), 87.24% in FY2023 (-1.18 pp) and 88.42% in FY2022 (+3.50 pp).
- The fiscal Q1 2027 figure represents the lowest quarterly Gross Margin since fiscal Q2 2021.
- Year-over-year, Gross Margin has declined for three consecutive quarters, with an average year-over-year change of -0.84 percentage points over the last eight quarters.
- The fastest year-over-year change in Gross Margin over five years came in fiscal Q2 2022 (a gain of 5.25 percentage points), and the weakest in fiscal Q1 2027 (a drop of 4.30 percentage points).
- Business Quant data shows DOCS's Gross Margin at 86.65% (Q4 2026), 89.89% (Q3 2026) and 90.25% (Q2 2026) in the three fiscal quarters before Q1 2027.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - | - |
| 2 | Veeva Systems | 45.09 Bn | 17.34 Bn | 695.95 Mn | 75.00% |
| 3 | Samsara | 22.22 Bn | 18.99 Bn | 392.58 Mn | 77.21% |
| 4 | Toast | 17.58 Bn | 10.25 Bn | 516.00 Mn | 27.04% |
| 5 | Ptc | 15.23 Bn | 14.05 Bn | 490.47 Mn | 81.74% |
| 6 | Trimble | 13.37 Bn | 12.44 Bn | 674.90 Mn | 69.43% |
| 7 | Duolingo | 13.34 Bn | 8.51 Bn | 216.74 Mn | 72.62% |
| 8 | Manhattan Associates | 11.67 Bn | 10.66 Bn | 168.33 Mn | 56.53% |
| 9 | Costar | 10.92 Bn | 4.88 Bn | 728.00 Mn | 78.70% |
| 10 | Doximity | 4.77 Bn | 1.72 Bn | 132.93 Mn | 84.87% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 84.87% |
| 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% |
Doximity Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=DOCS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "DOCS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=DOCS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();