DOCSDoximity, Inc.
Services-Computer Programming Services
- Revenue
- $645M
- 13% YoY
- Operating margin
- 33.3%
- 17% YoY
- EBITDA
- $229M
- 3.8% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- —
- AI in 10-K
- —
Red flags 2 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear166% of net incomeCash flow under 80% of net income
- Dilutive SBCFired19% of revenueOver 10% of revenue
- Payouts exceed cash flowFired132% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear8% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $344M | $419M | $475M | $570M | $645M | 13% |
| Operating income | $114M | $125M | $164M | $228M | $215M | 5.7% |
| Net income | $155M | $113M | $148M | $223M | $196M | 12% |
| Operating cash flow | $127M | $180M | $184M | $273M | $326M | 19% |
| Capex | $2M | $2M | $147K | $0 | $0 | |
| Stock-based comp | $31M | $48M | $51M | $72M | $122M | 68% |
| Buybacks | $3M | $85M | $281M | $120M | $432M | 259% |
Deal filings
None.
13D filers
None on file.
Insider trading
No open-market trades in the last 12 months.
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2026 | $20M | −$34M | 44 | 210 |
| FY2025 | $17M | $85M | 109 | 162 |
| FY2024 | $299K | −$16M | 51 | 153 |
| FY2023 | $244K | −$102M | 61 | 105 |
| FY2022 | $243K | $218M | 98 | 110 |