SecProbe.io

<DOCUMENT>
<TYPE>TEXT-EXTRACT
<SEQUENCE>2
<FILENAME>filename2.txt
<TEXT>
 February 23, 2026

Siddharth Sitaram
Chief Accounting Officer
Doximity, Inc.
300 3rd St; Suite 510
San Francisco, CA 94107

 Re: Doximity, Inc.
 Form 10-K for the Year Ended March 31, 2025
 Form 10-Q for the Period Ended December 31, 2025
 File No. 001-40508
Dear Siddharth Sitaram:

 We have limited our review of your filings to the financial statements
and related
disclosures and have the following comments.

 Please respond to this letter within ten business days by providing the
requested
information or advise us as soon as possible when you will respond. If you do
not believe a
comment applies to your facts and circumstances, please tell us why in your
response.

 After reviewing your response to this letter, we may have additional
comments.

Form 10-K for the Year Ended March 31, 2025
Business, page 3

1. You disclose you had more than 620,000 unique active providers use your
clinical
 workflow tools in the quarter ended March 31, 2025. To enhance
comparability for
 investors, please show us how you intend to revise to define "use" of
your clinical
 workflow tools (for example, clarify the types of activities and useage
duration needed
 for this metric). Please also provide comparable metrics for all periods
presented.
Management's Discussion and Analysis of Financial Condition and Results of
Operations
Key Business and Financial Metrics, page 46

2. In your earnings calls for the year ended March 31, 2025 and the six
months ended
 September 30, 2025, you make reference to a number of user engagement
metrics that
 are not described or defined in your MD&A. Among the metrics discussed
in those
 earnings calls were:
 Number of quarterly, monthly, weekly and daily active users
 February 23, 2026
Page 2

 Number of unique newsfeed users
 Number of newsfeed articles read or tapped
 Number of unique active prescribers using workflow tools
 Adoption of AI-driven features
 Since user engagement metrics appear to be an important factor
management considers
 in evaluating the business and allocating resources, please show us how
you intend to
 revise to define, quantify and analyze these metrics as part of your
MD&A. Refer to SEC
 Release 33-10751.

3. You disclose that (as of March 31, 2025) your platform has over two
million registered
 members, including more than 80% of U.S. physicians. We note from your
disclosures
 on page 4 that your platform provides most medical professions with a
pre-populated
 professional profile based on publicly and commercially available
third-party data.
 Please show us how you intend to revise to clarify if the 80% figure
includes only
 actively practicing physicians who have completed your identity and
credential
 verification process or if some other criteria were used. Please also
show us how you
 intend to revise to clarify how the number of registered members
compares to the
 number of quarterly, monthly, weekly and daily active users of your
platform.
Comparison of the Fiscal Years Ended , page 50

4. You indicate that average revenue per existing Marketing Solutions
customer increased
 by 22% during fiscal 2025. In your May 15, 2025 earnings call, your CEO
indicated that
 newsfeed was both your most widely used and most monetized product.
Please show us
 how you intend to revise to provide greater insight to investors about
your revenue trends
 over time by disclosing disaggregated revenues by modules (Newsfeed,
Workflow, and
 Peer) for each period presented. It appears you have this information
readily available
 and that management is actively using it to evaluate your business.
Refer to Item
 303(b)(2) of Regulation S-K.
Form 10-Q for the Period Ended December 31, 2025
Management's Discussion and Analysis of Financial Condition and Results of
Operations
Comparison of the three and nine months ended December 31, 2025 and 2024, page
33

5. In your February 5, 2026 earnings call, management spent time discussing
some "short-
 term industry-wide policy headwinds" that are impacting client budgets
and advertising
 booking rates for pharmaceutical companies. Management also indicated
that higher AI
 infrastructure investment has impacted the results through the period
ended December
 31, 2025 and is expected to continue impacting future periods. Please
show us how you
 intend to revise to address (and quantify where possible) any known
material trends,
 demands, commitments, events or uncertainties that are reasonably likely
to result in a
 material change to your liquidity or results from operations. Please
refer to Item 303(c)
 of Regulation S-K.
 February 23, 2026
Page 3

 In closing, we remind you that the company and its management are
responsible for the
accuracy and adequacy of their disclosures, notwithstanding any review,
comments, action or
absence of action by the staff.

 Please contact Lisa Etheredge at 202-551-3424 or Robert Littlepage at
202-551-3361
with any questions.

 Sincerely,

 Division of
Corporation Finance
 Office of Technology
</TEXT>
</DOCUMENT>