Filing Flows › Doximity (DOCS) › Q1 FY27 › vs Q4 FY26
Doximity (DOCS) Q1 FY27 vs Q4 FY26 (quarter over quarter)
Doximity's revenue rose $11.2M (+8%) from $145M in Q4 FY26 to $157M in Q1 FY27. The biggest changes: Subscription +$10.6M (+8%); Other +$636K (+7%). Gross margin 84.9% against 86.7% (-1.8 pts).
Doximity, Q1 FY27: revenue $157M (+7% year over year), operating margin 21.5%, net earnings $24.3M, operating cash flow $42.0M. The chart draws each line against Q4 FY26, the increases inside each band.
Margins
| Q1 FY27 | Q4 FY26 | Change | |
|---|---|---|---|
| Gross margin | 84.9% | 86.7% | -1.8 pts |
| Operating margin | 21.5% | 17.1% | +4.4 pts |
| Net margin | 15.5% | 13.1% | +2.4 pts |
Every line
| Line | Q1 FY27 | Q4 FY26 | Change | % |
|---|---|---|---|---|
| Subscription | $146M | $136M | $10.6M | +8% |
| Other | $10.3M | $9.7M | $636K | +7% |
| Revenue | $157M | $145M | $11.2M | +8% |
| Gross profit | $133M | $126M | $7.0M | +6% |
| Cost of revenue | $23.7M | $19.4M | $4.3M | +22% |
| Other income, net | $6.7M | $7.3M | −$576K | -8% |
| Operating profit | $33.6M | $24.8M | $8.8M | +36% |
| Operating expenses | $99.3M | $101M | −$1.9M | -2% |
| Pre-tax earnings | $40.4M | $32.1M | $8.2M | +26% |
| Research & development | $38.5M | $39.1M | −$629K | -2% |
| Sales & marketing | $45.0M | $45.9M | −$861K | -2% |
| General & admin | $15.8M | $16.1M | −$367K | -2% |
| Net earnings | $24.3M | $19.1M | $5.2M | +27% |
| Income tax | $16.0M | $13.0M | $3.0M | +23% |
| Depreciation & amortization | $4.3M | $4.1M | $156K | +4% |
| Share-based compensation | $36.8M | $36.7M | $10K | 0% |
| Working capital & other | $23.4M | −$49.5M | $72.9M | — |
| Operating cash flow | $42.0M | $110M | −$67.5M | -62% |
Questions
How much did Doximity's revenue grow quarter over quarter in Q1 FY27?
Doximity's revenue rose $11.2M (+8%) from $145M in Q4 FY26 to $157M in Q1 FY27.
What drove Doximity's revenue change in Q1 FY27?
Subscription +$10.6M (+8%); Other +$636K (+7%).