Company / Gross Margin
Doximity Gross Margin History
FY2019-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Gross Margin
90.2%
FY2024
5-year range
87.2% / 90.2%
FY2020-FY2024
Trend
+1.0%
vs FY2023
Sector context
#1 of 91
Health Care
What the data says
Among 91 Health Care companies, Doximity is in the top 1% for gross margin. Gross Margin remained relatively stable over the past 6 years, with values between 84.9% and 90.2%.
Based on SEC 10-K filings.
90.2% in FY2024 with a 5-year CAGR of +3.0%. Ranks 1st among 91 companies in Health Care.
Improved from 87.2% to 90.2% over the past 2 years.
Health Care sector context is included.
Gross Margin over time
Growth rates
- 3-Year Change
- +1.8pp
- 5-Year Change
- +3.0pp
- 10-Year Change
- -
Sector benchmark
Top 1% in Health CareTop 1% of 91This company 90.2% Sector average 53.8%
▼
+67.7% above sector average
Key checks
Key Insights
- In FY2024, gross margin increased 1.0% year-over-year.
- Currently 36.4pp above the Health Care sector average.
- Lowest gross margin in the period was in FY2020.
Company context
Key Data Points
- Low Piotroski F-Score: 2/9 (multiple financial health concerns)
- Altman Z-Score 3.16 (safe zone, above 2.9 threshold)
- Strong profit margin: 39.1%
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Gross MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | 90.2% | +1.0% |
| FY2023 | 89.3% | +2.4% |
| FY2022 | 87.2% | -1.3% |
| FY2021 | 88.4% | +4.1% |
| FY2020 | 84.9% | -2.6% |
| FY2019 | 87.2% | - |
As of FY2024 · SEC 10-K · Updated Mar 29, 2026