DOCS - Doximity Stock

Market Summary

USD19.89-0.19

Market Closed

-0.95%

DOCS Stock Price

DOCS RSI Chart

DOCS Valuation

Market Cap

3.9B

Price/Earnings (Trailing)

32.58

Price/Sales (Trailing)

8.86

EV/EBITDA

22.89

Price/Free Cashflow

20.27

DOCS Price/Sales (Trailing)

DOCS Profitability

Operating Margin

87.24%

EBT Margin

31.78%

Return on Equity

11.68%

Return on Assets

9.92%

Free Cashflow Yield

4.93%

DOCS Fundamentals

DOCS Revenue

Revenue (TTM)

436.9M

Revenue Y/Y

19.67%

Revenue Q/Q

-2.25%

DOCS Earnings

Earnings (TTM)

118.8M

Earnings Y/Y

26.91%

Earnings Q/Q

-7.38%

Price Action

52 Week Range

19.7940.12

(Low)(High)

Last 7 days

-6.3%

Last 30 days

-16.8%

Last 90 days

-37.9%

Trailing 12 Months

-33.7%

DOCS Financial Health

Current Ratio

6.99

DOCS Investor Care

Shares Dilution (1Y)

0.88%

Diluted EPS (TTM)

0.56

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Get all data in R, Python etc through our Historical Stock Data APIs

Latest Insider Trading transactions for DOCS

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
2023-09-15	Overpeck Craig	sold	-21,480	21.48	-1,000	see remarks
2023-09-12	Bryson Anna	acquired	-	-	35,000	chief financial officer
2023-08-28	Spain Kevin	sold	-	-	-1,446,000	-
2023-08-28	Spain Kevin	acquired	-	-	1,446,000	-
2023-08-28	EMERGENCE CAPITAL PARTNERS II LP	sold	-	-	-1,446,000	-
2023-08-28	EMERGENCE CAPITAL PARTNERS II LP	acquired	-	-	1,446,000	-
2023-08-15	Overpeck Craig	sold (taxes)	-45,375	23.21	-1,955	see remarks
2023-07-28	Cabral Timothy S	acquired	-	-	4,714	-
2023-07-28	Cabral Timothy S	sold	-164,787	34.9569	-4,714	-
2023-07-26	Benjamin Regina M.	acquired	-	-	5,544	-

Which funds bought or sold DOCS recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
2023-09-20	BARCLAYS PLC	added	354	5,488,000	6,941,000	-%
2023-08-29	EFG Asset Management (Americas) Corp.	added	7.29	27,357	242,393	0.06%
2023-08-25	Yarbrough Capital, LLC	unchanged	-	14,058	291,619	0.02%
2023-08-24	Alberta Investment Management Corp	sold off	-100	-647,600	-	-%
2023-08-23	WOLVERINE TRADING, LLC	reduced	-57.16	-243,629	213,371	-%
2023-08-23	Stonebridge Capital Advisors LLC	new	-	2,620	2,620	-%
2023-08-22	VIRGINIA RETIREMENT SYSTEMS ET AL	added	41.00	311,764	959,364	0.01%
2023-08-21	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	added	3.08	340,425	4,440,150	0.01%
2023-08-21	TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY	added	87.87	2,380,000	4,823,000	0.05%
2023-08-21	OSAIC HOLDINGS, INC.	added	0.28	22,582	457,128	-%

Latest Funds Activity

Are funds buying DOCS calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own DOCS

No. of Funds

Schedule 13G FIlings of Doximity

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Sep 08, 2023	morgan stanley	7.6%	9,556,526	SC 13G/A
Mar 08, 2023	blackrock inc.	4.5%	5,381,384	SC 13G/A
Feb 14, 2023	tangney jeffrey	31.5%	54,208,180	SC 13G/A
Feb 14, 2023	ameriprise financial inc	2.02%	2,294,675	SC 13G/A
Feb 14, 2023	price t rowe associates inc /md/	2.9%	3,331,877	SC 13G/A
Feb 14, 2023	whale rock capital management llc	0.00%	0	SC 13G/A
Feb 13, 2023	emergence capital partners ii lp	15.1%	20,246,728	SC 13G/A
Feb 10, 2023	clearbridge investments, llc	5.1%	5,805,134	SC 13G
Feb 09, 2023	morgan stanley	13.3%	15,074,620	SC 13G/A
Feb 09, 2023	fmr llc	-	0	SC 13G/A

Recent SEC filings of Doximity

View All Filings

Date Filed	Form Type	Document
Sep 19, 2023	4	Insider Trading
Sep 14, 2023	4	Insider Trading
Sep 08, 2023	SC 13G/A	Major Ownership Report
Aug 30, 2023	4	Insider Trading
Aug 30, 2023	4	Insider Trading
Aug 17, 2023	4	Insider Trading
Aug 08, 2023	10-Q	Quarterly Report
Aug 08, 2023	8-K	Current Report
Jul 31, 2023	4	Insider Trading
Jul 28, 2023	4	Insider Trading

Doximity News

Returns for DOCS

Cumulative Returns on DOCS

Risks for DOCS

What is the probability of a big loss on DOCS?

88.1%

Probability that Doximity stock will be more than 20% underwater in next one year

86.4%

Probability that Doximity stock will be more than 30% underwater in next one year.

79.7%

Probability that Doximity stock will be more than 40% underwater in next one year.

*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does DOCS drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Doximity was unfortunately bought at previous high price.

Drawdowns

Financials for Doximity

Income Statement (Last 12 Months)
(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Last 12 Months)														(In Millions)
Description	(%) Q/Q	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1
Revenue	4.3%	437	419	402	384	362	344	317	277	243	207	187	163	146	116
Gross Profit	4.9%	383	366	350	335	317	304	281	245	212	176	156	132	114	101
Operating Expenses	4.1%	250	240	230	218	206	190	172	154	136	122	115	107	106	79.00
S&GA Expenses	5.1%	130	124	116	109	101	92.00	84.00	75.00	68.00	62.00	59.00	55.00	53.00	39.00
R&D Expenses	3.6%	83.00	80.00	76.00	72.00	68.00	62.00	57.00	53.00	47.00	44.00	42.00	40.00	40.00	32.00
EBITDA	-100.0%	-	143	133	127	118	119	113	99.00	84.00	50.00	50.00	28.00	11.00	-
EBITDA Margin	-100.0%	-	0.34*	0.33*	0.33*	0.33*	0.35*	0.36*	0.36*	0.35*	0.27*	0.27*	0.17*	0.07*	-
Earnings Before Taxes	9.0%	145	133	124	119	112	114	109	96.00	81.00	58.00	47.00	25.00	8.00	24.00
EBT Margin	-100.0%	-	0.32*	0.31*	0.31*	0.31*	0.33*	0.34*	0.35*	0.33*	0.25*	0.25*	0.15*	0.05*	-
Net Income	5.3%	119	113	119	141	151	155	140	101	75.00	50.00	38.00	23.00	6.00	30.00
Net Income Margin	-100.0%	-	0.27*	0.30*	0.37*	0.42*	0.45*	0.44*	0.36*	0.31*	0.20*	0.20*	0.14*	0.04*	-
Free Cashflow	-100.0%	-	178	177	155	136	125	116	113	107	60.00	60.00	43.00	35.00	-

Balance Sheet
(In Millions)

Balance Sheet										(In Millions)
Description	(%) Q/Q	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1
Assets	1.5%	1,154	1,137	1,067	1,028	1,051	991	932	869	830	252
Current Assets	1.5%	990	975	899	848	874	904	858	830	791	209
Cash Equivalents	94.1%	307	158	136	74.00	110	113	85.00	80.00	594	66.00
Net PPE	3.2%	12.00	11.00	12.00	12.00	11.00	8.00	8.00	8.00	8.00	8.00
Goodwill	-0.1%	68.00	68.00	68.00	68.00	68.00	49.00	19.00	19.00	19.00	19.00
Liabilities	-4.7%	163	171	137	149	149	113	93.00	97.00	102	104
Current Liabilities	-4.9%	133	140	106	118	121	111	92.00	96.00	100	102
Shareholder's Equity	2.6%	991	966	930	879	902	879	839	773	728	67.00
Retained Earnings	3.4%	225	218	203	170	205	191	154	99.00	63.00	36.00
Additional Paid-In Capital	2.0%	778	762	746	731	715	703	688	674	666	30.00
Shares Outstanding	0.4%	195	194	193	192	193	192	188	186	88.00	83.00

Cashflow (Last 12 Months)
(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)														(In Millions)
Description	(%) Q/Q	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1
Cashflow From Operations	6.9%	192	180	180	159	138	127	117	114	107	83.00	61.00	43.00	35.00	26.00
Share Based Compensation	9.4%	52.00	48.00	45.00	41.00	36.00	31.00	25.00	17.00	11.00	7.00	6.00	4.00	4.00	2.00
Cashflow From Investing	265.1%	99.00	-59.92	-70.34	-109	-624	-640	-659	-661	-113	-70.42	-36.73	-0.56	-59.24	-13.09
Cashflow From Financing	-26.7%	-94.32	-74.46	-58.21	-55.19	2.00	560	558	556	557	5.00	5.00	3.00	1.00	2.00
Buy Backs	18.4%	111	93.00	70.00	70.00	9.00	3.00	4.00	5.00	5.00	2.00	0.00	-	-	-

DOCS Income Statement

2023-06-30

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Income Statement [Abstract]
Revenue	$ 108,469	$ 90,639
Cost of revenue	13,153	13,077
Gross profit	95,316	77,562
Operating expenses:
Research and development	21,931	19,022
Sales and marketing	34,455	28,134
General and administrative	9,247	8,724
Total operating expenses	65,633	55,880
Income from operations	29,683	21,682
Other income, net	4,839	804
Income before income taxes	34,522	22,486
Provision for income taxes	6,116	103
Net income	$ 28,406	$ 22,383
Net income per share attributable to Class A and Class B common stockholders:
Basic (in dollars per share)	$ 0.15	$ 0.12
Diluted (in dollars per share)	$ 0.13	$ 0.10
Weighted-average shares used in computing net income per share attributable to Class A and Class B common stockholders:
Basic (in shares)	194,521	192,947
Diluted (in shares)	212,355	214,954

DOCS Balance Sheet

2023-06-30

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2023	Mar. 31, 2023
Current assets:
Cash and cash equivalents	$ 306,729	$ 158,027
Marketable securities	566,444	682,972
Accounts receivable, net of allowance for doubtful accounts of $876 and $887 at June 30, 2023 and March 31, 2023, respectively	92,922	107,047
Prepaid expenses and other current assets	19,832	22,289
Deferred contract costs, current	3,729	5,118
Total current assets	989,656	975,453
Property and equipment, net	11,639	11,279
Deferred income tax assets	38,895	34,907
Operating lease right-of-use assets	13,282	13,819
Intangible assets, net	30,638	31,836
Goodwill	67,940	67,940
Other assets	1,459	1,654
Total assets	1,153,509	1,136,888
Current liabilities:
Accounts payable	582	1,272
Accrued expenses and other current liabilities	31,741	31,245
Deferred revenue, current	98,323	105,238
Operating lease liabilities, current	2,048	1,752
Total current liabilities	132,694	139,507
Deferred revenue, non-current	191	198
Operating lease liabilities, non-current	13,585	13,885
Contingent earn-out consideration liability, non-current	10,454	15,942
Other liabilities, non-current	5,798	1,240
Total liabilities	162,722	170,772
Commitments and contingencies (Note 12)
Stockholders' Equity
Preferred stock, $0.001 par value; 100,000 shares authorized as of June 30, 2023 and March 31, 2023, respectively; zero shares issued and outstanding as of June 30, 2023 and March 31, 2023, respectively	0	0
Class A and Class B common stock, $0.001 par value; 1,500,000 shares authorized as of June 30, 2023 and March 31, 2023, respectively; 194,649 and 193,941 shares issued and outstanding as of June 30, 2023 and March 31, 2023, respectively	195	194
Additional paid-in capital	777,772	762,150
Accumulated other comprehensive loss	(12,336)	(14,083)
Retained earnings	225,156	217,855
Total stockholders’ equity	990,787	966,116
Total liabilities and stockholders’ equity	$ 1,153,509	$ 1,136,888

About Doximity

Jeffrey A. Tangney

www.doximity.com

Doximity, Inc. operates a cloud-based digital platform for medical professionals in the United States. The company's cloud-based platform provides its members with tools built for medical professionals, enabling them to collaborate with their colleagues, coordinate patient care, conduct virtual patient visits, stay up-to-date with the latest medical news and research, and manage their careers. It primarily serves pharmaceutical companies and health systems. The company was formerly known as 3MD Communications, Inc. and changed its name to Doximity, Inc. in June 2010. Doximity, Inc. was incorporated in 2010 and is headquartered in San Francisco, California.

Market Summary

DOCS Stock Price

DOCS RSI Chart

DOCS Valuation

DOCS Price/Sales (Trailing)

DOCS Profitability

DOCS Fundamentals

DOCS Revenue

DOCS Earnings

Price Action

52 Week Range

DOCS Financial Health

DOCS Investor Care

Historical Charts for Stock Metrics

Latest Insider Trading transactions for DOCS

Which funds bought or sold DOCS recently?

Latest Funds Activity

Schedule 13G FIlings of Doximity

Recent SEC filings of Doximity

Doximity News

Returns for DOCS

Cumulative Returns on DOCS

Risks for DOCS

What is the probability of a big loss on DOCS?

How does DOCS drawdown profile look like?

Financials for Doximity

Income Statement (Last 12 Months).css-zgnqz2{margin:0;font-family:"Roboto","Helvetica","Arial",sans-serif;font-weight:400;font-size:0.75rem;line-height:1.66;letter-spacing:0.03333em;color:#595959;}(In Millions)

Balance Sheet(In Millions)

Cashflow (Last 12 Months)(In Millions)

DOCS Income Statement

DOCS Balance Sheet

About Doximity

Income Statement (Last 12 Months)
(In Millions)

Balance Sheet
(In Millions)

Cashflow (Last 12 Months)
(In Millions)