Doximity, Inc.
DOCSHealthcareNASDAQHealth Information Services
Scan Results
Daily timeframePart of the healthcare sector, Doximity, Inc. (DOCS) is listed under Health Information Services. Valued at $3.87B, DOCS is a mid-cap name in its sector. Its Doximity platform includes a personalized newsfeed that presents clinical and professional content to members, which offers medical articles, clinical trials or research results in an easy-to-consume video format, professional updates and accomplishments of their peers and colleagues, clinical discussions, Op-Med articles for publication, and sponsored content from pharmaceutical manufacturers and health systems.
Market Cap
$3.87B
Beta
1.29
P/E (TTM)
22.65
P/E (Fwd)
13.50
EPS (TTM)
$0.95
EPS (Fwd)
$1.59
ROE
19.3%
ROA
11.6%
Cash
$748.6M
Total Debt
$10.2M
Free CF
$255.3M
52W Change
-64.2%
Annual Financials
Cash vs Debt
Doximity, Inc. holds $748.6M in cash against $10.2M in total debt, giving it a net cash position. This means the company could theoretically pay off all its debt and still have cash remaining. Free cash flow comes in at $255.3M, providing flexibility for reinvestment, buybacks, or dividends. Consistent free cash flow generation is often considered a sign of operational health. ROE of 19.3% points to strong capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. Return on assets of 11.6% further supports the picture of efficient asset utilization. Revenue has grown from $419.1M (2023) to $644.9M (2026), reflecting a 54% increase over the period.
The strong cash position relative to debt provides a financial cushion that reduces balance sheet risk. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence Doximity, Inc.'s trajectory.