Doximity FY27 Q1 net income drops to $24.3 million; revenue rises 7% to $156.6 million

Reuters2026/08/06 20:04

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Doximity posted fiscal 2027 Q1 results with revenue up 7% to USD 156.6 million from a year earlier.
Net income fell to USD 24.3 million, cutting the GAAP margin to 15.5%.
Adjusted EBITDA slipped 6% to USD 74.8 million, lowering the non-GAAP margin to 47.7%.
CEO Jeff Tangney said Doximity Ask ranked top among U.S.-based models in the NOHARM benchmark.
Guided fiscal Q2 revenue at USD 170 million-USD 171 million, projecting adjusted EBITDA of USD 80.5 million-USD 81.5 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Doximity Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202608061601BIZWIRE_USPR_____20260806_BW730067) on August 06, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Doximity FY27 Q1 net income drops to $24.3 million; revenue rises 7% to $156.6 million

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