Doximity FY27 Q1 net income drops to $24.3 million; revenue rises 7% to $156.6 million - DOCS News | RalliesDoximity FY27 Q1 net income drops to $24.3 million; revenue rises 7% to $156.6 million
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DOCS• Fiscal Q1 results
- Doximity posted fiscal 2027 Q1 results with revenue up 7% to USD 156.6 million from a year earlier.
- Net income fell to USD 24.3 million, cutting the GAAP margin to 15.5%.
- Adjusted EBITDA slipped 6% to USD 74.8 million, lowering the non-GAAP margin to 47.7%.
Management commentary and outlook
- CEO Jeff Tangney said Doximity Ask ranked top among U.S.-based models in the NOHARM benchmark.
- The company guided fiscal Q2 revenue at USD 170 million-USD 171 million, projecting adjusted EBITDA of USD 80.5 million-USD 81.5 million.
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