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| 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% |