Doximity Inc
NYSE:DOCS

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Doximity Inc
NYSE:DOCS
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Price: 57.04 USD -2.51% Market Closed
Market Cap: 10.7B USD

Net Margin
Doximity Inc

39.1%
Current
33%
Average
1.7%
Industry

Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.

Net Margin
39.1%
=
Net Income
223.2m
/
Revenue
570.4m

Net Margin Across Competitors

Doximity Inc
Glance View

Economic Moat
Narrow
Market Cap
10.8B USD
Industry
Health Care

Doximity Inc., often regarded as the social network for doctors, has carved a unique niche for itself by seamlessly blending the culture of community with professional networking specifically tailored for the medical field. Founded in 2010 by Jeff Tangney, a co-founder of Epocrates, Doximity leverages technology to connect healthcare professionals nationwide, offering tools for both communication and collaboration. Much like LinkedIn, but with a focus on physicians and clinicians, Doximity provides a platform where medical practitioners can securely connect with colleagues, stay informed about the latest developments in their fields, and peruse professional opportunities. Its services cater not just to social networking, but also to telemedicine, reflecting the modern demands of a rapidly digitizing healthcare landscape. The company monetizes primarily through three main revenue streams: pharmaceutical marketing, hiring solutions, and telehealth services. Pharmaceutical companies pay Doximity for targeted marketing opportunities, allowing them to reach specific segments of the medical community with precision and impact. Additionally, hospitals and medical groups subscribe to its hiring solutions to recruit top-tier medical talent. In an era where telemedicine has become increasingly vital, Doximity’s telehealth solutions have gained traction, enabling physicians to engage in virtual consultations efficiently. This multi-faceted business model allows Doximity to stay at the forefront of digital healthcare services, driving growth while serving a highly specialized market.

DOCS Intrinsic Value
30.6 USD
Overvaluation 46%
Intrinsic Value
Price
What is Net Margin?

Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.

Net Margin
39.1%
=
Net Income
223.2m
/
Revenue
570.4m
What is the Net Margin of Doximity Inc?

Based on Doximity Inc's most recent financial statements, the company has Net Margin of 39.1%.

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