In pre-market trading today, shares of Doximity, Inc. (NYSE: DOCS) surged 24.13% to $72.32 after the company’s financial results were released. The company’s most recent earnings report for the fiscal third quarter of 2025, concluded on December 31, 2024, showed notable growth in user engagement, revenue, and profitability.
Document Engagement and Growth Driven by AI
Doximity reported record interaction of over 610,000 different healthcare professionals employing its clinical workflow tools. Its artificial intelligence (AI) features expanded at the fastest rate, increasing 60% over the previous quarter. Furthermore, its newsfeed topped one million distinct providers, highlighting its significance as a vital online resource for healthcare practitioners.
Strong Financial Results
DOCS reported $168.6 million in revenue, a 25% rise over the previous year. With an impressive profit margin of 44.6%, net income came to $75.2 million. Net income was $91.4 million on a non-GAAP basis, with a healthy margin of 54.2%. Additionally, Adjusted EBITDA achieved an outstanding EBITDA margin of 60.5%, up 39% year over year to $102.0 million. These figures underscore Doximity’s strong financial health and its ability to drive consistent growth.
Industry Recognition for Telehealth Excellence
Doximity Dialer was named the 2025 Best in KLAS winner in the Video Conferencing Platforms segment, marking the fourth consecutive year the company has secured the top position. The platform received A-level ratings across all performance categories, including operations, product quality, customer relationships, value, corporate culture, and loyalty. This recognition, based on interviews with over 80 healthcare leaders, reaffirms DOCS’ leadership in providing an intuitive and secure telehealth solution.
Advancing Virtual Healthcare Solutions
Doximity as a telehealth provider that complies with HIPAA, keeps improving its platform by adding secure messaging, video, and audio capabilities that facilitate easy communication between patients and doctors. With features like personalized Caller ID, one-click video conversations, and multilingual help, the firm is still dedicated to making virtual care effective and easily accessible.
DOCS’ position in transforming healthcare communication is further cemented by its Best in KLAS designation, which guarantees that doctors can provide high-quality, connected care at any time and from any location.