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Doximity Valuation Multiples
Discover revenue and EBITDA valuation multiples for Doximity and similar public comparables like Lumine Group, Waystar, Tata Communications, ACADIA Pharmaceuticals and more.
Doximity Overview
About Doximity
Doximity Inc is a digital platform for U.S. medical professionals. The cloud-based platform provides members with tools specifically built for medical professionals, enabling them to collaborate with their colleagues, securely coordinate patient care, conduct virtual patient visits, stay up-to-date with the latest medical news and research, and manage their careers and on-call schedules.
Founded
2010
HQ
Employees
830
Website
Sectors
Financials (LTM)
EV
$4B
Doximity Financials
Doximity reported last 12-month revenue of $646M and EBITDA of $357M.
In the same LTM period, Doximity generated $585M in gross profit, $357M in EBITDA, and $309M in net income.
Revenue (LTM)
Doximity P&L
In the most recent fiscal year, Doximity reported revenue of $570M and EBITDA of $314M.
Doximity expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $646M | XXX | $570M | XXX | XXX | XXX |
| Gross Profit | $585M | XXX | $515M | XXX | XXX | XXX |
| Gross Margin | 91% | XXX | 90% | XXX | XXX | XXX |
| EBITDA | $357M | XXX | $314M | XXX | XXX | XXX |
| EBITDA Margin | 55% | XXX | 55% | XXX | XXX | XXX |
| EBIT Margin | 54% | XXX | 54% | XXX | XXX | XXX |
| Net Profit | $309M | XXX | $223M | XXX | XXX | XXX |
| Net Margin | 48% | XXX | 39% | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Doximity Stock Performance
Doximity has current market cap of $4B, and enterprise value of $4B.
Market Cap Evolution
Doximity's stock price is $23.90.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $4B | $4B | 7.4% | XXX | XXX | XXX | $1.21 |
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Start Free TrialDoximity Valuation Multiples
Doximity trades at 5.7x EV/Revenue multiple, and 10.3x EV/EBITDA.
EV / Revenue (LTM)
Doximity Financial Valuation Multiples
As of April 16, 2026, Doximity has market cap of $4B and EV of $4B.
Equity research analysts estimate Doximity's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Doximity has a P/E ratio of 14.3x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $4B | XXX | $4B | XXX | XXX | XXX |
| EV (current) | $4B | XXX | $4B | XXX | XXX | XXX |
| EV/Revenue | 5.7x | XXX | 6.5x | XXX | XXX | XXX |
| EV/EBITDA | 10.3x | XXX | 11.8x | XXX | XXX | XXX |
| EV/EBIT | 10.6x | XXX | 12.0x | XXX | XXX | XXX |
| EV/Gross Profit | 6.3x | XXX | 7.2x | XXX | XXX | XXX |
| P/E | 14.3x | XXX | 19.8x | XXX | XXX | XXX |
| EV/FCF | 12.1x | XXX | 13.8x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Doximity Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.
Doximity Margins & Growth Rates
Doximity's revenue in the last 12 month grew by 9%.
Doximity's revenue per employee in the last FY averaged $0.7M, while opex per employee averaged $0.3M for the same period.
Doximity's rule of 40 is 63% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Doximity's rule of X is 78% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
Doximity Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 9% | XXX | 13% | XXX | XXX | XXX |
| EBITDA Margin | 55% | XXX | 55% | XXX | XXX | XXX |
| EBITDA Growth | 5% | XXX | 13% | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 63% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 78% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.7M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.3M | XXX | XXX | XXX |
| S&M Expenses to Revenue | 19% | XXX | 26% | XXX | XXX | XXX |
| G&A Expenses to Revenue | 6% | XXX | 8% | XXX | XXX | XXX |
| R&D Expenses to Revenue | 14% | XXX | 16% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 50% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Doximity Public Comps
See public comps and valuation multiples for other Healthcare Software and Online Content & News comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Doximity | XXX | XXX | XXX | XXX | XXX | XXX |
| Lumine Group | XXX | XXX | XXX | XXX | XXX | XXX |
| Waystar | XXX | XXX | XXX | XXX | XXX | XXX |
| Tata Communications | XXX | XXX | XXX | XXX | XXX | XXX |
| ACADIA Pharmaceuticals | XXX | XXX | XXX | XXX | XXX | XXX |
| TaTaTu | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Doximity M&A Activity
Doximity acquired XXX companies to date.
Last acquisition by Doximity was on XXXXXXXX, XXXXX. Doximity acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Doximity
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialDoximity Investment Activity
Doximity invested in XXX companies to date.
Doximity made its latest investment on XXXXXXXX, XXXXX. Doximity invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Doximity
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout Doximity
| When was Doximity founded? | Doximity was founded in 2010. |
| Where is Doximity headquartered? | Doximity is headquartered in United States. |
| How many employees does Doximity have? | As of today, Doximity has over 830 employees. |
| Who is the CEO of Doximity? | Doximity's CEO is Jeffrey Tangney. |
| Is Doximity publicly listed? | Yes, Doximity is a public company listed on NYSE. |
| What is the stock symbol of Doximity? | Doximity trades under DOCS ticker. |
| When did Doximity go public? | Doximity went public in 2021. |
| Who are competitors of Doximity? | Doximity main competitors are Lumine Group, Waystar, Tata Communications, ACADIA Pharmaceuticals. |
| What is the current market cap of Doximity? | Doximity's current market cap is $4B. |
| What is the current revenue of Doximity? | Doximity's last 12 months revenue is $646M. |
| What is the current revenue growth of Doximity? | Doximity revenue growth (NTM/LTM) is 9%. |
| What is the current EV/Revenue multiple of Doximity? | Current revenue multiple of Doximity is 5.7x. |
| Is Doximity profitable? | Yes, Doximity is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Doximity? | Doximity's last 12 months EBITDA is $357M. |
| What is Doximity's EBITDA margin? | Doximity's last 12 months EBITDA margin is 55%. |
| What is the current EV/EBITDA multiple of Doximity? | Current EBITDA multiple of Doximity is 10.3x. |
| What is the current FCF of Doximity? | Doximity's last 12 months FCF is $305M. |
| What is Doximity's FCF margin? | Doximity's last 12 months FCF margin is 47%. |
| What is the current EV/FCF multiple of Doximity? | Current FCF multiple of Doximity is 12.1x. |
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