Doximity Inc
For the period ended Mar 31, 2025. Filed May 20, 2025.
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FY2025 · Filed May 20, 2025
DOCS$32.42-1.4%Stored close · as of Nov 10, 2026
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Consolidated Statements of Operations
(in thousands, except per share data)
| Fiscal Year Ended March 31, | |||
|---|---|---|---|
| 2025 | 2024 | 2023 | |
| Revenue | $570,399 | $475,422 | $419,052 |
| Cost of revenue | 55,874 | 50,669 | 53,490 |
| Gross profit | 514,525 | 424,753 | 365,562 |
| Operating expenses: | |||
| Research and development | 93,038 | 81,983 | 80,186 |
| Sales and marketing | 145,713 | 133,129 | 123,523 |
| General and administrative | 45,670 | 37,827 | 36,745 |
| Restructuring and impairment charges | 2,304 | 7,936 | — |
| Total operating expenses | 286,725 | 260,875 | 240,454 |
| Income from operations | 227,800 | 163,878 | 125,108 |
| Other income, net | 35,774 | 21,324 | 8,048 |
| Income before income taxes | 263,574 | 185,202 | 133,156 |
| Provision for income taxes | 40,389 | 37,620 | 20,338 |
| Net income | $223,185 | $147,582 | $112,818 |
| Net income per share attributable to Class A and Class B common stockholders: | |||
| Basic | $1.19 | $0.78 | $0.58 |
| Diluted | $1.11 | $0.72 | $0.53 |
| Weighted-average shares used in computing net income per share attributable to Class A and Class B common stockholders: | |||
| Basic | 186,841 | 190,172 | 193,176 |
| Diluted | 201,208 | 205,734 | 213,425 |
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