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DOCS

33.99USD+1.84(+5.72%)Market Closed

Doximity, Inc.

Market Summary

USD33.99+1.84Market Closed
5.72%

DOCS Alerts

DOCS Stock Price

RSI Chart

Valuation

Market Cap

5.1B

Price/Earnings

33.72

Price/Sales

14.07

Price/Cashflow

36.82

MarketCap/EBT

45.59

Price/Sales

Profitability

Operating Margin

87.59%

EBT Margin

30.86%

Return on Equity

16.72%

Return on Assets

14.35%

Fundamentals

Revenue

Revenue (TTM)

384.4M

Revenue Y/Y

28.78%

Revenue Q/Q

12.74%

Earnings

Earnings (TTM)

141.1M

Earnings Y/Y

-27.13%

Earnings Q/Q

17.5%

Price Action

52 Week Range

22.9168.94
(Low)(High)

Last 7 days

4.9%

Last 30 days

28.4%

Last 90 days

4.0%

Trailing 12 Months

-49.8%

Financial Health

Current Ratio

7.24

Investor Care

Shares Dilution (1Y)

2.85%

Diluted EPS (TTM)

0.65

Financials for Doximity

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Revenue6.3%384362344317277
Gross Profit5.9%335317304281245
Operating Expenses5.5%218206190172154
  S&GA Expenses7.8%109101928475
  R&D Expenses5.3%7268625753
Earnings Before Taxes6.8%11911211410996
Net Income-6.5%141151155140101
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets-2.1%1,0281,051991932869
  Current Assets-3.0%848874904858830
    Cash Equivalents-33.1%741101138580
  Net PPE2.3%1211888
  Goodwill0%6868191919
Liabilities0.4%1491491139397
  Current Liabilities-2.2%1181211119296
Shareholder's Equity-2.6%879902879839773
  Retained Earnings-17.0%17020519115499
  Additional Paid-In Capital2.1%731715703688674
Accumulated Depreciation14.8%119887
Shares Outstanding-0.5%192193192190187
Float-9,000----
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations14.7%159138127117114
  Share Based Compensation13.1%4136312517
Cashflow From Investing82.5%-109.17-624.65-640.57-659.82-661.56
Cashflow From Financing-2531.4%-55.192560558556
  Buy Backs689.3%709345

Risks

What is the probability of a big loss on DOCS?

81.3%


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

78.7%


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

72%


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.

Returns

Cumulative Returns on DOCS

Which funds bought or sold DOCS recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-21
Parallax Volatility Advisers, L.P.
NEW
-
784,000
784,000
-%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
-
-
-131,000
1,306,000
-%
2022-11-21
FourThought Financial, LLC
-
-
4,000
6,000
-%
2022-11-16
GLENMEDE TRUST CO NA
SOLD OFF
-100
-2,800,000
-
-%
2022-11-16
Neo Ivy Capital Management
NEW
-
-
-
-%
2022-11-16
CAPTRUST FINANCIAL ADVISORS
SOLD OFF
-100
-8,000
-
-%
2022-11-15
FRED ALGER MANAGEMENT, LLC
ADDED
0.02
-162,000
1,061,000
-%
2022-11-15
PITTENGER & ANDERSON INC
NEW
-
1,000
1,000
-%
2022-11-15
STATE STREET CORP
ADDED
15.11
-44,000
43,358,000
-%
2022-11-15
Almanack Investment Partners, LLC.
NEW
-
1,000
1,000
-%

1–10 of 44

Latest Funds Activity

Are funds buying DOCS calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own DOCS

Doximity News

Benzinga

How Is The Market Feeling About Doximity? - Doximity (NYSE:DOCS).45 hours ago

DOCS Fair Value

Recent SEC filings of Doximity

View All Filings
Date Filed Form Type Document
Nov 16, 2022
4
Insider Trading
Nov 10, 2022
8-K
Current Report
Nov 10, 2022
10-Q
Quarterly Report

Latest Insider Trading transactions for DOCS

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-11-15
Jorgensen Paul W.
SOLD FOR TAXES
-35,654.4
30.95
-1,152
Chief Revenue Officer
2022-08-16
Spain Kevin
ACQUIRED
-
-
1,928,000
-
2022-08-16
EMERGENCE CAPITAL PARTNERS II LP
ACQUIRED
-
-
1,928,000
-
2022-08-16
Spain Kevin
ACQUIRED
-
-
31,082
-
2022-08-16
Spain Kevin
SOLD
-
-
-1,928,000
-
2022-08-16
EMERGENCE CAPITAL PARTNERS II LP
SOLD
-
-
-1,928,000
-
2022-08-15
Jorgensen Paul W.
SOLD (Taxes)
-43,753
37.98
-1,152
Chief Revenue Officer
2022-08-02
Yang Watkin Phoebe L.
ACQUIRED
-
-
8,665
-
2022-08-02
Kliman Gilbert H
GIVEN BACK TO IS
-
-
-4,714
-
2022-07-27
Cabral Timothy S
ACQUIRED
-
-
4,714
-

1–10 of 50

Jeffrey A. Tangney
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.

DOCS Income Statement

2022-09-30
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended6 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Income Statement [Abstract]    
Revenue$ 102,185$ 79,350$ 192,824$ 152,019
Cost of revenue13,2108,95126,28716,937
Gross profit88,97570,399166,537135,082
Operating expenses:    
Research and development19,10415,46038,12628,701
Sales and marketing29,02121,16157,15540,532
General and administrative8,7498,82717,47316,023
Total operating expenses56,87445,448112,75485,256
Income from operations32,10124,95153,78349,826
Other income, net9084201,712465
Income before income taxes33,00925,37155,49550,291
Provision for (benefit from) income taxes6,710(10,717)6,813(12,119)
Net income26,29936,08848,68262,410
Undistributed earnings attributable to participating securities, basic000(18,326)
Undistributed earnings attributable to participating securities, diluted000(18,326)
Net income attributable to Class A and Class B common stockholders, basic26,29936,08848,68244,084
Net income attributable to Class A and Class B common stockholders, diluted$ 26,299$ 36,088$ 48,682$ 44,084
Net income per share attributable to Class A and Class B common stockholders:    
Basic (in dollars per share)$ 0.14$ 0.19$ 0.25$ 0.32
Diluted (in dollars per share)$ 0.12$ 0.17$ 0.23$ 0.27
Weighted-average shares used in computing net income per share attributable to Class A and Class B common stockholders:    
Basic (in shares)193,137186,171193,042137,154
Diluted (in shares)213,949216,672214,452166,066

DOCS Balance Sheet

2022-09-30
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2022
Mar. 31, 2022
Current assets:  
Cash and cash equivalents$ 73,674$ 112,809
Marketable securities676,317685,304
Accounts receivable, net of allowance for doubtful accounts of $427 and $359 at September 30, 2022 and March 31, 2022, respectively79,23681,073
Prepaid expenses and other current assets15,69119,439
Deferred contract costs, current2,9995,512
Total current assets847,917904,137
Property and equipment, net11,6478,488
Deferred income tax assets50,58348,558
Operating lease right-of-use assets14,8941,087
Intangible assets, net34,2327,909
Goodwill67,94018,915
Other assets1,1302,263
Total assets1,028,343991,357
Current liabilities:  
Accounts payable1,106463
Accrued expenses and other current liabilities26,40825,270
Deferred revenue, current89,61684,907
Operating lease liabilities, current1,013642
Total current liabilities118,143111,282
Deferred revenue, non-current16678
Operating lease liabilities, non-current14,625447
Contingent earn-out consideration liability, non-current15,4220
Other liabilities, non-current1,023956
Total liabilities149,379112,763
Commitments and contingencies (Note 12)
Stockholders' Equity  
Preferred stock, $0.001 par value; 100,000 shares authorized as of September 30, 2022 and March 31, 2022, respectively; zero shares issued and outstanding as of September 30, 2022 and March 31, 2022, respectively00
Class A and Class B common stock, $0.001 par value; 1,500,000 shares authorized as of September 30, 2022 and March 31, 2022, respectively; 192,302 and 192,398 shares issued and outstanding as of September 30, 2022 and March 31, 2022, respectively192192
Additional paid-in capital730,582702,589
Accumulated other comprehensive loss(21,559)(15,294)
Retained earnings169,749191,107
Total stockholders’ equity878,964878,594
Total liabilities and stockholders’ equity$ 1,028,343$ 991,357