Doximity, Inc. operates a cloud-based digital platform and professional network tailored specifically for medical professionals in the United States. The company provides a suite of tools that enable physicians to collaborate with peers, conduct telehealth visits, manage patient care, and stay updated on medical news. It primarily generates revenue by offering marketing, hiring, and workflow solutions to pharmaceutical manufacturers, health systems, and medical recruiting firms.
Doximity's revenue is concentrated among a relatively small number of large pharmaceutical and health-system customers. In the FY2026 10-K it disclosed that one customer accounted for 10% or more of total revenue for the fiscal year ended March 31, 2026 (no customer met that threshold in fiscal 2025 or 2024), and that its cohort of customers with at least $500,000 of annual revenue (125 customers) accounted for approximately 83% of revenue in fiscal 2026. Approximately 94% of FY2026 revenue was derived from subscription customers; no country outside the United States accounted for more than 10% of total revenue.