21 May 2026
Disclaimer: This is a simplified summary of a public company filing. See full disclaimer here.
Doximity, Inc.
CIK: 1516513•3 Annual Reports•Latest: 2026-05-19
10-K / May 19, 2026
Revenue:$644,863,000
Income:$196,051,000
10-K / May 20, 2025
Revenue:$570,400,000
Income:$223,200,000
10-K / May 23, 2024
Revenue:$475,422,000
Income:$147,582,000
10-K / May 19, 2026
Doximity, Inc.
Overview
Doximity is a physician-first technology platform that provides AI-powered tools and a professional network for medical professionals. The company's mission is to help every physician be more productive and provide better care for patients, with products designed to support clinical workflows.
Members and market scope
- Over 3 million registered members as of March 31, 2026.
- Membership includes more than 85% of U.S. physicians across all states and specialties, roughly two-thirds of U.S. nurse practitioners and physician assistants, and about 90% of graduating U.S. medical students. The total number of U.S. physicians is approximately 1 million.
- The platform supports broad professional connectivity and collaboration among doctors and related healthcare professionals.
Business model and customers
- Primary revenue drivers are customers in the pharmaceutical/biopharma and health system sectors.
- Main product categories:
- Marketing Solutions: digital marketing content and targeted outreach for brands and service lines.
- Hiring Solutions: digital recruiting tools and access to a nationwide network.
- Workflow Solutions: tools to streamline clinical workflows.
- Customer concentration:
- One customer accounted for 10% or more of total revenue for the fiscal year ended March 31, 2026.
- No customer exceeded 10% of revenue in fiscal years 2025 or 2024.
Product and tool landscape
- Profiles and platform access
- Personalized, validated professional profiles that function like a digital CV, including education, training, affiliations, certifications, licenses, and specialties.
- Profiles are maintained and updated automatically from multiple data sources.
- Newsfeed and content
- Personalized newsfeed with medical articles, videos, peer updates, clinical discussions, Op-Med, and sponsored content.
- AI-based content curation tailored to member specialties and interests.
- Core workflow and communications tools (Workflow Solutions)
- Ask (formerly DoxGPT): HIPAA-compliant AI assistant for evidence-based clinical and administrative tasks; includes a peer-reviewed drug reference and journal access; supports documentation and integrates with secure messaging and fax.
- Scribe: ambient AI-driven clinical documentation that generates structured EHR-ready notes during patient encounters; integrates with Dialer.
- Dialer (Telehealth): HIPAA-compliant voice/video telehealth product; enterprise version for hospitals and health systems with branding, security controls, and MDR support.
- Secure Messaging: HIPAA-compliant messaging for care coordination.
- Fax and eSignature: HIPAA-compliant faxing and e-signature with query and summarization capabilities.
- Prescribe: end-to-end prescribing with patient-driven pharmacy selection and price transparency.
- AMiON: on-call scheduling tool for centralized clinician schedules.
- Hiring Solutions
- Job postings and direct messaging between recruiters/administrators and members.
- Curative Talent: higher-touch staffing service that combines Doximity data with Curative Talent recruiters; placements on an hourly or placement basis.
- Marketing Solutions
- Modules organized across Newsfeed, Workflow, and Peer channels.
- Sponsored modules designed to reach targeted physicians and track engagement and ROI.
- AI-enabled tools to brainstorm and tailor content for members and campaigns.
Clinical AI Suite
- An enterprise offering that combines Ask, Scribe, and Dialer into an integrated AI-powered workflow.
- Adopted or reviewed by over 140 enterprise health system clients.
Acquisitions and growth
- Strategic acquisitions to expand platform capabilities:
- Curative Talent (founded 2021)
- AMiON (founded 2023)
- Pathway Medical, Inc. (acquired July 2025)
- Growth strategies include expanding the network to additional medical professionals, enhancing platform tools, cross-selling within existing customers, and pursuing strategic acquisitions.
People and operations
- As of March 31, 2026:
- 880 full-time equivalent employees.
- More than a third of FTEs work in research and development (product, engineering, data).
- The company emphasizes a physician-led, physician-first culture and maintains multiple offices, with headquarters in San Francisco, CA and additional space in Irving, TX.
Financial trajectory and risk considerations
- Reported revenue growth:
- 2026 revenue grew by 13%.
- 2025 revenue grew by 20%.
- The business notes potential variability in renewals, pricing, and customer spending, and identifies customer concentration as a risk factor.
Platform and security
- The platform combines proprietary data with publicly available information and uses AI/ML for personalization, content serving, candidate matching, and workflow enhancements.
- Emphasis on HIPAA compliance, data protection, privacy controls, and security governance, supported by a dedicated security team and incident response planning.
Market position and competition
- Positions itself as the largest digital network of medical professionals with a physician-focused ecosystem.
- Competes for members against general social networks and niche players, and for customers across Marketing, Hiring, and Workflow Solutions.
- Network effects drive value for members and customers: a larger member base increases value for customers, which in turn supports member engagement.
