Doximity beats Q3 revenue expectations

Doximity

05/02/2026 21:08

Overview

Digital platform's fiscal Q3 revenue rose 10% yr/yr, beating analyst expectations

Adjusted EBITDA for fiscal Q3 beat analyst expectations

Company authorized $500 mln stock repurchase program

Outlook

Doximity projects fiscal Q4 revenue between $143 mln and $144 mln

Company expects fiscal year revenue between $642.5 mln and $643.5 mln

Doximity anticipates fiscal Q4 adjusted EBITDA between $63.5 mln and $64.5 mln

Result Drivers

AI INTEGRATION - Co attributed increased platform utility and engagement to the addition of AI features, with over 300,000 users engaging with AI products

RECORD ENGAGEMENT - Co reported record quarterly engagement with 1 million active prescribers and 720,000 using workflow products

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$185.05 mln
$182.20 mln (18 Analysts)
Q3 Net Income
$61.56 mln
Q3 Adjusted EBITDA
Beat
$111.40 mln
$104.66 mln (17 Analysts)

Press Release: ID:nBw7wW2k4a

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)