Doximity raises FY2027 revenue forecast to $671 million-$681 million

Reuters2026/08/06 20:09

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Doximity raised fiscal 2027 revenue guidance to USD 671-681 million, implying 5% growth at the midpoint.
Second-quarter revenue forecast at USD 170-171 million, implying 1% year-on-year growth, reflecting a tough prior-year comparison.
Fiscal 2027 adjusted EBITDA outlook lifted to USD 309-329 million, implying a 47% margin at the midpoint; second-quarter EBITDA seen at USD 80.5-81.5 million.
Guidance increase follows first-quarter revenue of USD 157 million, up 7% year-on-year, with adjusted EBITDA of USD 75 million, a 48% margin.
Non-GAAP gross margin expected in the mid-to-high 80% range as AI compute spending rises; AI search revenue expected to build in Q3.

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 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 raises FY2027 revenue forecast to $671 million-$681 million

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