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% on a QoQ basis from 23.81% in Q4 2025.
Doximity (DOCS) has 7 years of Tax Rate data on file, last reported at 40.49% in Q1 2026.
- Quarterly Tax Rate rose 4745.0% year-over-year to 40.49% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 21.58% (up 626.0% YoY) and the FY2026 annual result came in at 21.58%, up 626.0% from the prior year.
- Tax Rate climbed to 40.49% in Q1 2026 per DOCS's latest filing, from 23.81% in the prior quarter.
- Across five years, Tax Rate topped out at 40.49% in Q1 2026 and bottomed at 31.61% in Q1 2022.
- The 5-year median for Tax Rate is 17.72% (2023), against an average of 15.31%.
- Peak annual rise in Tax Rate reached 7366 bps in 2022, while the deepest fall reached 3774 bps in 2022.
- Tracing DOCS's Tax Rate over 5 years: stood at 18.26% in 2022, then surged by 31 bps to 23.92% in 2023, then sank by 32 bps to 16.3% in 2024, then jumped by 46 bps to 23.81% in 2025, then jumped by 70 bps to 40.49% in 2026.
- Per Business Quant, the three latest DOCS Tax Rate figures stand at 40.49% (Q1 2026), 23.81% (Q4 2025), and 14.92% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 30.85 Bn | 24.28 Bn | 622.47 Mn | 23.09 |
| 2 | BrightSpring Health Services | 12.29 Bn | 11.41 Bn | 482.22 Mn | 10.32 |
| 3 | Healthequity | 7.80 Bn | 7.48 Bn | 256.31 Mn | 24.88 |
| 4 | Hinge Health | 4.82 Bn | 4.51 Bn | 154.23 Mn | 2.26 |
| 5 | Doximity | 4.21 Bn | 3.46 Bn | 125.97 Mn | 40.49 |
| 6 | Waystar Holding | 4.18 Bn | 4.03 Bn | 268.04 Mn | 27.58 |
| 7 | 10x Genomics | 3.78 Bn | 3.24 Bn | 106.18 Mn | -4.85 |
| 8 | Privia Health | 2.65 Bn | 2.28 Bn | 595.71 Mn | 60.15 |
| 9 | Omnicell | 1.95 Bn | 1.78 Bn | 140.36 Mn | 32.53 |
| 10 | Teladoc Health | 1.42 Bn | 672.39 Mn | 562.57 Mn | -4.92 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Sep 30, 2023 | 22.91 |
| Sep 30, 2023 | 22.91 |
| Jun 30, 2023 | 17.72 |
| Jun 30, 2023 | 17.72 |
| Mar 31, 2023 | 16.47 |
| Mar 31, 2023 | 16.47 |
| Dec 31, 2022 | 18.26 |
| Dec 31, 2022 | 18.26 |
| Sep 30, 2022 | 20.33 |
| Sep 30, 2022 | 20.33 |
| Jun 30, 2022 | 0.46 |
| Jun 30, 2022 | 0.46 |
| Mar 31, 2022 | -31.61 |
| Mar 31, 2022 | -31.61 |
| Dec 31, 2021 | -55.40 |
| Dec 31, 2021 | -55.40 |
| Sep 30, 2021 | -42.24 |
| Sep 30, 2021 | -42.24 |
| Jun 30, 2021 | -5.63 |
| Jun 30, 2021 | -5.63 |
| Mar 31, 2021 | 6.13 |
| Mar 31, 2021 | 6.13 |
| Dec 31, 2020 | 23.54 |
| Dec 31, 2020 | 23.54 |
| Sep 30, 2020 | 3.65 |
| Sep 30, 2020 | 3.65 |
| Jun 30, 2020 | 24.40 |
| Jun 30, 2020 | 24.40 |