DOCS (Doximity) Tax Rate %: 40.49% (As of Mar. 2026)


DOCS Doximity Inc DOCS
82 GF Score
Price $20.88
GF Value $49.18
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Doximity Tax Rate %?

Doximity DOCS +5.19% 82 Tax Rate % is 40.49% as of Mar. 2026. GuruFocus rates DOCS with a GF Score™ of 82/100 and a GF Value™ of $49.18 (Significantly Undervalued). The stock has 2 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Doximity's Tax Expense for the three months ended in Mar. 2026 was $13.0 Mil. Doximity's Pre-Tax Income for the three months ended in Mar. 2026 was $32.1 Mil. Therefore, Doximity's Tax Rate % for the quarter that ended in Mar. 2026 was 40.49%.

Doximity Tax Rate % Related Terms

Doximity Tax Rate % Historical Data

* Premium members only.

The historical data trend for Doximity's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Doximity Tax Rate % Chart

Doximity Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Tax Rate %
Get a 7-Day Free Trial -35.77 15.27 20.31 15.32 21.58

Doximity Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -6.96 16.88 14.92 23.81 40.49
DOCS
82GF Score
Doximity Inc DOCS
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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Doximity Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Doximity's Tax Rate % for the fiscal year that ended in Mar. 2026 is calculated as

Tax Rate %=Tax Expense (A: Mar. 2026 )/Pre-Tax Income (A: Mar. 2026 )
=53.954/250.005
=21.58 %

Doximity's Tax Rate % for the quarter that ended in Mar. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2026 )/Pre-Tax Income (Q: Mar. 2026 )
=13.007/32.121
=40.49 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of 40.49% mean?
Doximity (DOCS) has a Tax Rate % of 40.49% as of Mar. 2026.
Is Doximity's Tax Rate % too high?
Doximity's current Tax Rate % is 40.49%. Overall, Doximity has a GF Score™ of 82/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Doximity's Tax Rate % compare to WAY and TXG?
Doximity's Tax Rate % of 40.49% can be compared against companies in the Healthcare Providers & Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for a Healthcare Providers & Services company?
A good Tax Rate % depends on the Healthcare Providers & Services industry context. However, Tax Rate % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Doximity's current Tax Rate % is 40.49%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Doximity stock overvalued right now?
Based on GuruFocus' analysis, Doximity (DOCS) is currently considered Significantly Undervalued. The stock's GF Value™ is $49.18, compared to a current price of $20.88 — trading 57.5% below its estimated fair value. The current Tax Rate % is 40.49%. Doximity's overall GF Score™ is 82/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Doximity (DOCS), the current Tax Rate % is 40.49% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Doximity (DOCS) Overvalued in 2026?

Based on GuruFocus' analysis, Doximity stock appears to be undervalued. The current stock price of $20.88 is trading 57.5% below its estimated GF Value™ of $49.18. GuruFocus considers Doximity to be Significantly Undervalued.

Key valuation signals for DOCS:

  • Tax Rate %: 40.49%
  • GF Value™: $49.18 vs. price of $20.88 (57.5% below fair value)
  • GF Score™: 82/100 with 2 warning signs

No single metric tells the full story. See the DOCS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Doximity Business Description

Other Exchanges D2OC34:Brazil
Address 500 3rd Street, Suite 510, San Francisco, CA, USA, 94107
Doximity Inc provides an online platform, which enables physicians and other healthcare professionals to collaborate with colleagues, stay up to date with the latest medical news and research, manage their careers and on-call schedules, streamline documentation and administrative paperwork, and conduct virtual patient visits. The Company's customers include pharmaceutical companies and health systems that connect with healthcare professionals through the Company's digital Marketing, Hiring, and Workflow Solutions. Marketing Solutions provide customers with the ability to share tailored content on the network. Hiring Solutions enable customers to identify, connect with, and hire from the network of both active and passive potential medical professional candidates.
82GF Score

Get the complete analysis for DOCS

Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$20.88
Price
$49.18
GF Value