Doximity (DOCS) Revenue & Revenue Breakdown


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Doximity Revenue Highlights


Latest Revenue (Y)

$475.42M

Latest Revenue (Q)

$126.68M

Main Segment (Y)

Subscription

Main Geography (Y)

Subscription

Doximity Revenue by Period


Doximity Revenue by Year

DateRevenueChange
2024-03-31$475.42M13.45%
2023-03-31$419.05M21.98%
2022-03-31$343.55M66.05%
2021-03-31$206.90M77.76%
2020-03-31$116.39M35.82%
2019-03-31$85.69M-

Doximity generated $475.42M in revenue during NA 2024, up 13.45% compared to the previous quarter, and up 554.78% compared to the same period a year ago.

Doximity Revenue by Quarter

DateRevenueChange
2024-06-30$126.68M7.30%
2024-03-31$118.06M-12.73%
2023-12-31$135.28M19.08%
2023-09-30$113.61M4.74%
2023-06-30$108.47M-2.25%
2023-03-31$110.97M-3.73%
2022-12-31$115.26M12.80%
2022-09-30$102.19M12.74%
2022-06-30$90.64M-3.22%
2022-03-31$93.65M-4.31%
2021-12-31$97.88M23.35%
2021-09-30$79.35M9.19%
2021-06-30$72.67M8.97%
2021-03-31$66.69M13.59%
2020-12-31$58.71M30.14%
2020-09-30$45.11M23.98%
2020-06-30$36.39M0.09%
2020-03-31$36.35M12.11%
2019-12-31$32.43M-

Doximity generated $126.68M in revenue during Q1 2025, up 7.30% compared to the previous quarter, and up 114.16% compared to the same period a year ago.

Doximity Revenue Breakdown


Doximity Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceMar 24Mar 23Mar 22
Subscription$450.07M$389.74M$319.30M
Service, Other$25.35M$29.31M$24.25M

Doximity's latest annual revenue breakdown by segment (product or service), as of Mar 24: Subscription (94.67%), and Service, Other (5.33%).

Quarterly Revenue by Product

Product/ServiceMar 24Dec 23Jun 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21
Service, Other$12.34M$5.79M$7.21M$7.75M$6.85M$6.92M$7.87M$6.81M$5.28M$4.29M
Subscription$219.33M$129.49M$101.25M$107.51M$95.33M$83.72M$85.79M$91.07M$74.07M$68.38M

Doximity's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Subscription (94.67%), and Service, Other (5.33%).

Doximity Revenue Breakdown by Country

Annual Revenue by Country

CountryMar 22
Service, Other$24.25M
Subscription$319.30M

Doximity's latest annual revenue breakdown by geography, as of Mar 22: Subscription (92.94%), and Service, Other (7.06%).

Doximity Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
GEHCGE HealthCare$19.55B$4.86B
TDOCTeladoc Health$2.60B$640.51M
VEEVVeeva Systems$2.36B$676.18M
PGNYProgyny$1.09B$304.09M
HQYHealthEquity$999.59M$299.93M
TXG10x Genomics$618.73M$151.65M
DOCSDoximity$475.42M$126.68M
ACCDAccolade$414.29M$106.36M
CERTCertara$354.34M$93.31M
DHDefinitive Healthcare$251.41M$63.70M
SDGRSchrödinger$216.67M$47.33M
AMWLAmerican Well--

DOCS Revenue FAQ


Doximity's yearly revenue for 2024 was $475.42M, representing an increase of 13.45% compared to 2023. The company's yearly revenue for 2023 was $419.05M, representing an increase of 21.98% compared to 2022. DOCS's yearly revenue for 2022 was $343.55M, representing an increase of 66.05% compared to 2021.

Doximity's quarterly revenue for Q1 2025 was $126.68M, a 7.30% increase from the previous quarter (Q4 2024), and a 16.79% increase year-over-year (Q1 2024). The company's quarterly revenue for Q4 2024 was $118.06M, a -12.73% decrease from the previous quarter (Q3 2024), and a 6.39% increase year-over-year (Q4 2023). DOCS's quarterly revenue for Q3 2024 was $135.28M, a 19.08% increase from the previous quarter (Q2 2024), and a 17.37% increase year-over-year (Q3 2023).

Doximity's revenue growth rate for the last 3 years (2022-2024) was 38.39%, and for the last 5 years (2020-2024) was 308.48%.

Doximity's revenue streams in r 24 are Subscription, and Service, Other. Subscription generated $450.07M in revenue, accounting 94.67% of the company's total revenue, up 15.48% year-over-year. Service, Other generated $25.35M in revenue, accounting 5.33% of the company's total revenue, down -13.52% year-over-year.

For the fiscal year ending Mar 24, the largest source of revenue of Doximity was Subscription. This segment made a revenue of $450.07M, representing 94.67% of the company's total revenue.