Doximity (DOCS) Operating Margin (2020 - 2026)
Doximity (DOCS) reported Operating Margin of 21.48% for fiscal Q1 2027 (quarter ended Jun 30, 2026), down 15.88 percentage points from 37.36% a year earlier but up 4.40 percentage points from the prior quarter.
Doximity (DOCS) Operating Margin (2020 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Doximity's Operating Margin came in at 29.60%, down 10.47 percentage points year-over-year; for FY2026 (ended Mar 31, 2026), it was 33.33%, down 6.61 percentage points from FY2025.
- Operating Margin has a five-year change of +7.56 percentage points (FY2021 to FY2026).
- By fiscal year, Operating Margin came in at 39.94% in FY2025 (+5.47 pp), 34.47% in FY2024 (+4.62 pp), 29.86% in FY2023 (-3.19 pp) and 33.05% in FY2022 (+7.29 pp).
- Five-year quarterly Operating Margin spans a low of 17.08% in fiscal Q4 2026 and a high of 47.40% in fiscal Q3 2025.
- Year over year, Operating Margin has now declined in each of the last four quarters, with an average year-over-year change of -3.70 percentage points over the last eight quarters.
- The high point for year-over-year Operating Margin in five years was fiscal Q3 2024 (a gain of 9.89 percentage points); the low point was fiscal Q4 2026 (a drop of 18.12 percentage points).
- Per Business Quant data, the three fiscal quarters before Q1 2027 came in at 17.08% (Q4 2026), 38.85% (Q3 2026) and 37.79% (Q2 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - | - |
| 2 | Veeva Systems | 45.35 Bn | 17.59 Bn | 695.95 Mn | 29.64% |
| 3 | Samsara | 22.20 Bn | 18.97 Bn | 392.58 Mn | 0.96% |
| 4 | Toast | 17.53 Bn | 10.20 Bn | 516.00 Mn | 7.97% |
| 5 | Ptc | 15.47 Bn | 14.28 Bn | 490.47 Mn | 27.75% |
| 6 | Trimble | 13.41 Bn | 12.48 Bn | 674.90 Mn | 13.58% |
| 7 | Duolingo | 12.56 Bn | 7.73 Bn | 216.74 Mn | 11.37% |
| 8 | Manhattan Associates | 11.77 Bn | 10.77 Bn | 168.33 Mn | 22.24% |
| 9 | Costar | 10.95 Bn | 4.91 Bn | 728.00 Mn | 8.22% |
| 10 | Doximity | 4.71 Bn | 1.66 Bn | 132.93 Mn | 21.48% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 21.48% |
| Mar 31, 2026 | 17.08% |
| Dec 31, 2025 | 38.85% |
| Sep 30, 2025 | 37.79% |
| Jun 30, 2025 | 37.36% |
| Mar 31, 2025 | 35.20% |
| Dec 31, 2024 | 47.40% |
| Sep 30, 2024 | 38.84% |
| Jun 30, 2024 | 36.35% |
| Mar 31, 2024 | 35.45% |
| Dec 31, 2023 | 43.28% |
| Sep 30, 2023 | 29.74% |
| Jun 30, 2023 | 27.37% |
| Mar 31, 2023 | 29.60% |
| Dec 31, 2022 | 33.39% |
| Sep 30, 2022 | 31.41% |
| Jun 30, 2022 | 23.92% |
| Mar 31, 2022 | 29.81% |
| Dec 31, 2021 | 36.57% |
| Sep 30, 2021 | 31.44% |
Doximity Operating 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=operating-margin&ticker=DOCS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=DOCS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();