Doximity Reports Q2 Fiscal 2027 Revenue Growth and Strong AI Bookings
Doximity (NYSE: DOCS) reported second-quarter fiscal 2027 revenue of $175 million, representing a 4% increase year-over-year. The company maintained strong profitability with an adjusted EBITDA margin of 51%, totaling $89 million for the quarter. A significant driver in the company's strategic direction is its investment in artificial intelligence, which has seen over sixfold growth in spending compared to the previous year. Notably, Doximity's AI search capabilities have reached an eight-figure bookings milestone, signaling successful monetization of its technological advancements.
Tickers: $DOCS
Topics: AI Investment EBITDA Margin Fiscal Q2 Results Revenue Growth
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