Doximity Inc. has reported its financial results for the fiscal year ending March 31, 2025. The company's net income rose significantly to $223.185 million, compared to $147.582 million in the previous fiscal year. Similarly, the adjusted EBITDA showed substantial growth, reaching $313.8 million, up from $230.5 million in the prior year. The net revenue retention rate for Doximity Inc. also increased, standing at 119% for the fiscal year 2025, an improvement from the 114% recorded in 2024. This growth reflects the company's ability to retain and expand revenue from existing customers. A key operational highlight includes the company's focus on its Marketing Solutions, where customers purchase subscriptions for tailored content on the Doximity platform. The company's performance in this area is marked by a robust customer base, with numerous customers contributing over $500,000 in trailing 12-month subscription revenue. These results highlight Doximity Inc.'s ongoing growth and its continued focus on enhancing productivity for physicians and improving patient care.
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