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DOCS Financial Statements and Analysis

NYSE : DOCS

Doximity, Inc.

$79.35
21.09+36.20%
At Close 4:00 PM
$79.00
-0.35-0.44%
After-Market 07:41 PM
71.26
BESG ScoreESG Rating

DOCS FINANCIAL STATEMENTS

An instrumental part of fundamental analysis is measuring key indicators of an asset, which are the factors that can influence its value and price. However, sometimes investors show more interest in financial statements with other factors to determine whether investing in that company is the right decision. Financial statements of a company include:

  • Balance Sheet
  • Income Statement
  • Cash Flow Statement

DOCS Income Statement

A company's income statement helps investors and business owners determine whether the company is profitable or losing money. Profitability is a key factor investors consider before investing in a stock. Income statements provide them with information about a company's profitability over time. The statement also enables them to observe trends in company spending and earnings since it breaks down individual costs and revenues. Income statements also provide details on where a company's money is going when it isn't profitable or its profits fluctuate.

Date2024-12-312024-09-302024-06-302024-03-312023-12-31
reported currencyUSDUSDUSDUSDUSD
calendar year20252025202520242024
periodQ3Q2Q1Q4Q3
revenue168.603M136.832M126.676M118.057M135.284M
cost of revenue14.181M13.676M13.55M12.567M12.19M
gross profit154.422M123.156M113.126M105.49M123.094M
gross profit ratio0.9160.900.8930.8940.91
research and development expenses22.421M23.24M22.574M20.148M19.946M
general and administrative expenses13.585M10.103M9.255M9.973M9.641M
selling and marketing expenses38.491M34.367M35.244M33.517M34.956M
selling general and administrative expenses52.076M44.47M44.297M43.49M44.597M
other expenses02.304M-52.00K73.00K-55.00K
operating expenses74.497M70.014M66.871M63.638M64.543M
cost and expenses88.678M83.69M80.421M76.205M76.733M
interest income09.112M7.168M6.028M4.796M
interest expense00000
depreciation and amortization02.613M2.562M2.548M2.509M
ebitda79.925M58.059M48.817M44.40M61.06M
ebitda ratio0.4740.4240.3850.3760.453
operating income79.925M53.142M46.255M41.852M58.551M
operating income ratio0.4740.3880.3650.3550.433
total other income expenses net9.915M9.029M7.116M6.101M4.481M
income before tax89.84M62.171M53.169M47.953M63.032M
income before tax ratio0.5330.4540.420.4060.466
income tax expense14.644M18.017M11.792M7.335M15.076M
net income75.196M44.154M41.377M40.618M47.956M
net income ratio0.4460.3230.3270.3440.354
eps0.400.240.220.220.26
eps diluted0.370.220.210.200.24
weighted average shs out187.161M186.252M185.61M186.756M186.309M
weighted average shs out dil202.233M200.407M199.224M201.11M200.463M
Graph

DOCS Balance Sheet

Balance sheet summarizes a company's financials and can be used as a basis by investors to determine the value of a company. It shows the value of the stock, as well as the assets and liabilities of the company. A company's balance sheet displays how its assets are put to use and how those assets are financed, based on the liabilities section. Both investors and analysts analyze a company's balance sheet to determine how it allocates its resources.

Date2024-12-312024-09-302024-06-302024-03-312023-12-31
reported currencyUSDUSDUSDUSDUSD
calendar year20252025202520242024
periodQ3Q2Q1Q4Q3
cash and cash equivalents165.27M184.248M111.442M96.785M123.089M
short term investments679.67M621.31M639.046M666.115M587.149M
cash and short term investments844.94M805.558M750.488M762.90M710.238M
net receivables137.504M124.793M123.51M101.332M97.584M
inventory001.0005.886M
other current assets30.259M27.361M67.036M48.709M33.077M
total current assets1.013B957.712M904.766M912.941M840.899M
property plant equipment net22.809M22.592M24.721M24.65M24.647M
goodwill67.94M67.94M67.94M67.94M67.94M
intangible assets24.134M25.195M26.256M27.317M28.379M
goodwill and intangible assets92.074M93.135M94.196M95.257M96.319M
long term investments00000
tax assets43.079M43.761M44.742M45.068M37.204M
other non current assets1.492M1.316M5.033M1.458M1.58M
total non current assets159.454M160.804M168.692M166.433M159.75M
other assets00000
total assets1.172B1.119B1.073B1.079B1.001B
account payables1.636M2.77M1.656M2.253M1.88M
short term debt2.255M9.925M4.38M4.298M4.218M
tax payables07.703M3.038M14.018M2.866M
deferred revenue69.197M93.751M102.943M99.145M66.694M
other current liabilities42.793M25.837M23.26M27.536M29.104M
total current liabilities115.881M132.283M135.277M147.25M104.762M
long term debt10.692M11.269M11.841M12.397M12.947M
deferred revenue non current00116.00K211.00K166.00K
deferred tax liabilities non current00-11.841M6.977M6.532M
other non current liabilities14.464M13.768M12.644M18.119M18.16M
total non current liabilities25.156M25.037M24.601M30.727M31.273M
other liabilities00000
capital lease obligations12.947M13.491M11.841M12.397M15.056M
total liabilities141.037M157.32M159.878M177.977M136.035M
preferred stock00000
common stock188.00K187.00K186.00K187.00K186.00K
retained earnings151.216M95.22M72.932M79.989M61.003M
accumulated other comprehensive income loss1.015M2.676M-1.008M-2.664M-4.653M
other total stockholders equity878.701M863.113M841.47M823.885M808.078M
total stockholders equity1.031B961.196M913.58M901.397M864.614M
total equity1.031B961.196M913.58M901.397M864.614M
total liabilities and stockholders equity1.172B1.119B1.073B1.079B1.001B
minority interest00000
total investments679.67M621.31M639.046M666.115M587.149M
total debt12.947M13.491M14.031M14.546M15.056M
net debt-152.323M-170.757M-97.411M-82.239M-108.033M
Graph

DOCS Cash Flow

A cash flow statement is regarded as a valuable indicator of profitability and the long-term outlook for a company. It assists the company in evaluating whether it has sufficient funds to cover its expenses. Essentially, a cash flow statement represents an organization's financial health. The cash flow statement, which measures the business's ability to operate in the short as well as long term, is broken down into operating, investing, and financing activities.

Date2024-03-312023-12-312023-09-302023-06-302023-03-31
reported currencyUSDUSDUSDUSDUSD
calendar year20242024202420242023
periodQ4Q3Q2Q1Q4
deferred income tax-8.593M-1.423M-1.626M-26.00K3.834M
stock based compensation8.211M11.771M13.447M14.001M12.991M
change in working capital16.929M-14.069M-34.869M9.163M-7.155M
accounts receivables-4.516M-1.135M-4.388M14.032M-32.433M
inventory5.149M5.937M-13.672M2.586M0
accounts payables5.966M10.429M-8.74M677.00K-2.918M
other working capital15.479M-29.30M-8.069M-8.132M28.196M
other non cash items17.766M3.31M2.74M3.052M3.593M
net cash provided by operating activities65.622M50.054M12.898M57.20M46.639M
investments in property plant and equipment-1.634M-1.324M-1.279M-1.564M-1.026M
acquisitions net-1.771M260.00K1.238M273.00K1.005M
purchases of investments-191.529M-101.112M-144.942M-35.284M-60.303M
sales maturities of investments116.993M142.568M96.119M154.174M48.125M
other investing activites-1.634M-260.00K-1.238M-273.00K-1.005M
net cash used for investing activites-76.17M40.132M-50.102M117.326M-13.204M
debt repayment-1.678M0000
common stock issued5.086M2.54M5.427M3.285M-7.455M
common stock repurchased-17.74M-76.792M-164.429M-21.755M-15.282M
dividends paid00000
other financing activites-1.424M-1.248M-2.12M-7.354M10.875M
net cash used provided by financing activities-15.756M-75.50M-161.122M-25.824M-11.862M
effect of forex changes on cash-44.696M0241.333M-196.637M0
net change in cash-26.304M14.686M-198.326M148.702M21.573M
cash at end of period96.785M123.089M108.403M306.729M158.027M
cash at beginning of period123.089M108.403M306.729M158.027M136.454M
operating cashflow65.622M50.054M12.898M57.20M46.639M
capital expenditure-1.634M-1.324M-1.279M-1.564M-1.026M
free cash flow63.988M48.73M11.619M55.636M45.613M
Graph

Frequently Asked Questions

How did Doximity, Inc. do last quarter? What was its Total Revenue and Cost of Revenue?

A company's Total Revenue reveals how much money it generates before any expenses or deductions are made. As a result, this metric informs investors/stakeholders how much money the business makes. Tracking and understanding it is essential for evaluating a company's growth. As opposed to revenue, Cost of Revenue is any expenses a business incur to generate revenue. There can be high revenue in a business, but if the costs are high, it won't make a profit and will go out of business when money runs out. Therefore, DOCS generated $168.60M in revenue last quarter, while its costs came in at $14.18M.

Last quarter, how much Gross Profit did Doximity, Inc. report?

A business's Gross Profit is a key indicator of its profitability and financial performance. In other words, it reflects how efficiently a business uses labor, raw materials, and other resources. Doximity, Inc. reported a $154.42M Gross Profit for the quarter ended Mar 31, 2024.

Have DOCS's Total Operating Expenses and Operating Income been favorable recently?

Operational Expenses represent the costs a company must incur to generate revenue, which is the ultimate goal of a business, whereas Operating Income shows the revenue left after operational direct and indirect costs have been deducted. DOCS incurred $74.50M worth of Operating Expenses, while it generated $79.93M worth of Operating Income.

How much Net Income has DOCS posted recently?

The Net Income of a company is one of the factors investors consider when investing in the company. According to recent earnings report from Doximity, Inc., the company generated $75.20M in Net Income. When a company has a history of consistent net income, investors are more likely to invest in it since they know they will get a return.

At the end of the last quarter, how much Cash and Equivalents did Doximity, Inc. have?

The amount of Cash and Cash Equivalents is an effective indicator of the financial strength and well-being of a company. An excess cash situation occurs when a company has more cash and cash equivalents than it needs for operating activities. The amount of Cash and Cash Equivalents available to Doximity, Inc. as of the end of the last quarter was $165.27M.

What are DOCS's Total Net Receivables for the last quarter?

Total Net Receivables are a company's outstanding debts to its customers. Therefore, it refers to the amount that a company expects to collect from its customers. The higher a company's net receivables are, the more confident it is that it can collect money from its debtors. As of the end of the last quarter, DOCS had Total Net Receivables of $137.50M.

In terms of Total Assets and Current Assets, where did Doximity, Inc. stand at?

An asset with an economic value within a year is considered a current asset. Total assets, however, also include long-term fixed assets, intangible assets, and other non-current assets. The current Assets of DOCS were $1.01B, while the Total Assets stand at $1.17B.

As of the last quarter, how much Total Debt did Doximity, Inc. have?

The total debt of a business refers to how much it borrows. A company's current and long-term liabilities are added together to calculate its Total Debt. A debt ratio may be taken into account on a balance sheet by financial lenders, investors, and business leaders when making informed decisions about future loans or investments. The total amount of DOCS's debt was $12.95M at the end of the last quarter.

What were DOCS's Total Liabilities during the last reported quarter?

A company's total liabilities are the sum of all debts it is liable for, including any off-balance shee liabilities it may incur. This can be calculated by adding up all short-term and long-term liabilities. In its last quarter, DOCS reported total liabilities of $141.04M.

How much did DOCS's Working Capital change over the last quarter?

Working Capital Change for DOCS was $16.93M over the last quarter. Working Capital Change refers to the difference between net working capital amounts at the end of one accounting period and the end of another. It tells investors/stakeholders how much the company's cash flow will differ from its Net Income (i.e., after-tax profits). More powerful companies often have positive Change in Working Capital numbers as they have increased control over collecting cash from customers and delaying payments to suppliers.

DOCS generated how much cash from operating activities?

An operating cash flow statement usually contains cash from operating activities in the first section. An organization's cash from operating activities refers to the money it takes in and takes out as a result of its regular business operations. DOCS generated $65.62M of Cash from Operating Activities during its recently reported quarter.

What was DOCS's latest reported Net Change in Cash?

An increase or decrease in cash and cash equivalent balances within a specified period is considered the net change in cash in a cash flow statement. Furthermore, it takes into account cash changes as a result of investments, financing, and operating activities. DOCS reported a -$26.30M Net Change in Cash in the most recent quarter.

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