---
schema_version: "secwatch.filing_event.v1"
accession: "0001516513-23-000066"
form_type: "8-K"
ticker: "DOCS"
cik: "0001516513"
company_name: "Doximity, Inc."
filed_at: "2023-08-08T23:59:59+00:00"
generated_at: "2026-06-12T01:42:48.277730+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Doximity Q1 revenue $108.5M (+20% YoY); workforce reduction of ~100 employees

## Summary
- Revenue $108.5M (+20% YoY); adjusted EBITDA $46.6M (+39% YoY); non-GAAP EPS $0.19 vs $0.14.
- Operating cash flow $57.2M (+28%); free cash flow $55.6M (+31%).
- Net income $28.4M (26.2% margin); non-GAAP net income $40.6M (37.5% margin).
- FY2024 revenue guidance revised to $452-468M; adjusted EBITDA $193-209M.
- Workforce reduction of ~100 employees (10%); expects $8-10M restructuring charge in Q2.

## SEC filing metadata
- accession: 0001516513-23-000066
- form_type: 8-K
- ticker: DOCS
- cik: 0001516513
- company_name: Doximity, Inc.
- filed_at: 2023-08-08T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1516513/000151651323000066/0001516513-23-000066-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1516513/000151651323000066/docs-20230808.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001516513-23-000066
- JSON: https://secwatch.observer/filing/0001516513-23-000066.json
- Plain text: https://secwatch.observer/filing/0001516513-23-000066.txt

## Key facts
- Earnings Releases
  Doximity, Inc. reported fiscal quarter ended June 30, 2023 results: revenue $108.5 million, net income $28.4 million, EPS $0.13.
  - Period: fiscal quarter ended June 30, 2023
  - Revenue: $108.5 million
  - Net income: $28.4 million
  - EPS: $0.13
  - Result: reported results
  source text: • Revenue: Revenue of $108.5 million, versus $90.6 million, an increase of 20% year-over-year. • Net income and non-GAAP net income: Net income of $28.4 million, versus $22.4 million, representing a margin of 26.2%, versus 24.7%. Non-GAAP net income of $40.6 million, versus $30.8 million, representing a margin of 37.5%, versus 34.0%. • Adjusted EBITDA: Adjusted EBITDA of $46.6 million, versus $33.5 million, an increase of 39% year-over-year, representing adjusted EBITDA margins of 42.9%, versus 37.0%. • Diluted net income per share and non-GAAP diluted net income per share: Diluted net income per share was $0.13, versus $0.10, while non-GAAP diluted net income per share was $0.19, versus $0.14.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1516513/000151651323000066/0001516513-23-000066-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.