Doximity (DOCS) Tax Rate (2020 - 2026)

Doximity (DOCS) reported Tax Rate of 40.49% for Q1 2026, up 4745.0% year-over-year from 0.84% in Q1 2025, and up 70.05% quarter-over-quarter from 23.81% in Q4 2025.

Doximity (DOCS) Tax Rate (2020 - 2026) Analysis & Trends

Doximity (DOCS) has 7 years of Tax Rate data on file, last reported at 40.49% in Q1 2026.

  • Tax Rate for Q1 2026 came in at 40.49%, up 4745.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 21.58% (up 626.0% YoY), and the FY2026 annual result was 21.58%, up 626.0% from the prior year.
  • Tax Rate advanced to 40.49% in Q1 2026 per DOCS's latest filing, from 23.81% in the prior quarter.
  • Over five years, Tax Rate peaked at 40.49% in Q1 2026 and troughed at 31.61% in Q1 2022.
  • A 5-year average of 15.31% and a median of 17.72% in 2023 frame the typical range for Tax Rate.
  • On a YoY basis, Tax Rate climbed as much as 7366 bps in 2022 and fell as far as 3774 bps in 2022.
  • A 5-year view of Tax Rate shows it stood at 18.26% in 2022, then jumped by 31 bps to 23.92% in 2023, then tumbled by 32 bps to 16.3% in 2024, then soared by 46 bps to 23.81% in 2025, then soared by 70 bps to 40.49% in 2026.
  • Business Quant data shows DOCS's Tax Rate at 40.49% in Q1 2026, 23.81% in Q4 2025, and 14.92% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Veeva Systems 24.83 Bn 17.52 Bn 662.02 Mn 24.92
2 BrightSpring Health Services 13.57 Bn 12.69 Bn 482.22 Mn 10.32
3 Healthequity 7.20 Bn 6.93 Bn 256.31 Mn 24.88
4 Hinge Health 5.42 Bn 5.11 Bn 154.23 Mn 2.26
5 10x Genomics 4.46 Bn 3.92 Bn 106.18 Mn -4.85
6 Doximity 3.81 Bn 3.06 Bn 125.97 Mn 40.49
7 Waystar Holding 3.52 Bn 3.36 Bn 268.04 Mn 27.58
8 Privia Health 2.94 Bn 2.57 Bn 595.71 Mn 60.15
9 Omnicell 1.76 Bn 1.59 Bn 140.36 Mn 32.53
10 Teladoc Health 1.45 Bn 696.57 Mn 562.57 Mn -4.92

Historic Data

Download Data
DateValue
Mar 31, 2026 40.49%
Mar 31, 2026 40.49%
Dec 31, 2025 23.81%
Dec 31, 2025 23.81%
Sep 30, 2025 14.92%
Sep 30, 2025 14.92%
Jun 30, 2025 16.88%
Jun 30, 2025 16.88%
Mar 31, 2025 -6.96%
Mar 31, 2025 -6.96%
Dec 31, 2024 16.30%
Dec 31, 2024 16.30%
Sep 30, 2024 28.98%
Sep 30, 2024 28.98%
Jun 30, 2024 22.18%
Jun 30, 2024 22.18%
Mar 31, 2024 15.30%
Mar 31, 2024 15.30%
Dec 31, 2023 23.92%
Dec 31, 2023 23.92%