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Sep 30, 2024
Doximity Q2 2025 Earnings Report
Doximity's Q2 2025 financial results were announced, showcasing revenue growth and increased profitability.
Key Takeaways
Doximity reported a 20% year-over-year increase in total revenue, reaching $136.8 million. Net income grew by 44% year-over-year. The company provided guidance for the next quarter and updated its full-year outlook.
Total revenues reached $136.8 million, a 20% increase year-over-year.
Net income increased by 44% year-over-year.
Non-GAAP net income was $61.1 million, with a margin of 44.7%.
Operating cash flow increased by 430% year-over-year, and free cash flow increased by 475% year-over-year.
Doximity
Doximity
Forward Guidance
Doximity provided revenue and adjusted EBITDA guidance for the fiscal third quarter ending December 31, 2024, and updated guidance for the fiscal year ending March 31, 2025.
Positive Outlook
- Revenue is expected to be between $152 million and $153 million for Q3 2025.
- Adjusted EBITDA is projected to be between $83 million and $84 million for Q3 2025.
- Full fiscal year 2025 revenue is anticipated to be between $535 million and $540 million.
- Full fiscal year 2025 Adjusted EBITDA is expected to be between $274 million and $279 million.