The healthcare professional network reported Q1 revenue of $157 million and adjusted EBITDA margin of 48% as AI client count rises.
Doximity raised its full-year 2027 revenue forecast to a range of $671 million to $681 million, citing growth in AI investments. The company reported Q1 revenue of $157 million, up 7% year-on-year, and adjusted EBITDA of $75 million, reflecting a 48% margin.
In the prior year, Doximity had not provided a comparable FY outlook. The updated guidance follows a quarter where AI adoption expanded, with 165 health system clients signed for AI services. Management highlighted reaccelerated growth and strong profitability metrics.
Shares showed limited immediate reaction following the earnings call disclosure.