Doximity Q4 revenue rises 6% to $118.1 million; authorizes $500 million buyback
Doximity reported fiscal fourth-quarter revenue of $118.1 million, up 6% year-over-year, with net income of $40.6 million, up 32%, and adjusted EBITDA of $56.4 million, up 15%. The company also gave fiscal 2025 revenue guidance of $506 million to $518 million and authorized a $500 million share repurchase program, which matters to shareholders because it signals profit growth alongside capital returns.
- Q4 revenue of $118.1 million versus $111.0 million; subscription revenue of $112.7 million, up 9%
- Fiscal 2024 revenue of $475.4 million, up 13%; net income of $147.6 million, up 31%
- Guidance: fiscal Q1 2025 revenue of $119.5 million to $120.5 million; fiscal 2025 revenue of $506 million to $518 million
- Board authorized up to $500 million of Class A stock repurchases on May 1, 2024, with no expiration date