Doximity (DOCS) Tax Rate (2020 - 2026)
Doximity's Tax Rate was 39.76% in fiscal Q1 2027 (quarter ended Jun 30, 2026), up 22.88 percentage points from 16.88% a year earlier but down 0.73 percentage points from the prior quarter.
Doximity (DOCS) Tax Rate (2020 - 2026) Analysis & Trends
On a trailing twelve-month basis, Doximity's Tax Rate was 26.16% through Jun 30, 2026, up 11.80 percentage points year-over-year; for FY2026 (ended Mar 31, 2026), it was 21.58%, up 6.26 percentage points from FY2025.
- Tax Rate shows a five-year change of +8.50 percentage points (FY2021 to FY2026).
- In earlier fiscal years, Tax Rate was 15.32% in FY2025 (-4.99 pp), 20.31% in FY2024 (+5.04 pp), 15.27% in FY2023 (+51.04 pp) and -35.77% in FY2022 (-48.85 pp).
- Quarterly Tax Rate has moved between -55.40% (fiscal Q3 2022) and 40.49% (fiscal Q4 2026) over five years.
- Compared with a year earlier, Tax Rate has increased for three straight quarters, with an average year-over-year change of +4.34 percentage points over the last eight quarters.
- The best year-over-year quarter for Tax Rate over five years was fiscal Q3 2023 (a gain of 73.66 percentage points); the worst was fiscal Q3 2022 (a drop of 78.94 percentage points).
- Per Business Quant data, DOCS's Tax Rate in the three fiscal quarters before Q1 2027 was 40.49% (Q4 2026), 23.81% (Q3 2026) and 14.92% (Q2 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - | - |
| 2 | Veeva Systems | 45.35 Bn | 17.59 Bn | 695.95 Mn | 21.77% |
| 3 | Samsara | 22.20 Bn | 18.97 Bn | 392.58 Mn | 7.42% |
| 4 | Toast | 17.53 Bn | 10.20 Bn | 516.00 Mn | 4.94% |
| 5 | Ptc | 15.47 Bn | 14.28 Bn | 490.47 Mn | 22.08% |
| 6 | Trimble | 13.41 Bn | 12.48 Bn | 674.90 Mn | - |
| 7 | Duolingo | 12.56 Bn | 7.73 Bn | 216.74 Mn | 26.91% |
| 8 | Manhattan Associates | 11.77 Bn | 10.77 Bn | 168.33 Mn | 25.09% |
| 9 | Costar | 10.95 Bn | 4.91 Bn | 728.00 Mn | 25.68% |
| 10 | Doximity | 4.71 Bn | 1.66 Bn | 132.93 Mn | 39.76% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 39.76% |
| Mar 31, 2026 | 40.49% |
| Dec 31, 2025 | 23.81% |
| Sep 30, 2025 | 14.92% |
| Jun 30, 2025 | 16.88% |
| Dec 31, 2024 | 16.30% |
| Sep 30, 2024 | 28.98% |
| Jun 30, 2024 | 22.18% |
| Mar 31, 2024 | 15.30% |
| Dec 31, 2023 | 23.92% |
| Sep 30, 2023 | 22.91% |
| Jun 30, 2023 | 17.72% |
| Mar 31, 2023 | 16.47% |
| Dec 31, 2022 | 18.26% |
| Sep 30, 2022 | 20.33% |
| Jun 30, 2022 | 0.46% |
| Mar 31, 2021 | 6.13% |
| Dec 31, 2020 | 23.54% |
| Sep 30, 2020 | 3.65% |
| Jun 30, 2020 | 24.40% |
Doximity Tax Rate 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=tax-rate&ticker=DOCS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=DOCS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();