Growth Metrics

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 🔒
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
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