Intangible Assets and Goodwill

12 Months Ended

Mar. 31, 2026

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible Assets

Intangible assets, net consisted of the following (in thousands):


	As of March 31,
	2026		2025
Customer relationships	$	37,069	$	37,069
Developed technology	18,700		—
Other intangibles	1,594		1,531
Total intangible assets	57,363		38,600
Less: accumulated amortization	(22,038)		(15,528)
Total intangible assets, net	$	35,325	$	23,072

Amortization expense for intangible assets was $6.5 million, $4.3 million and $4.6 million for the fiscal years ended March 31, 2026, 2025, and 2024 respectively.

No impairment charges on intangible assets were recorded during the fiscal years ended March 31, 2026 and 2025.

As of March 31, 2026, future amortization expense is as follows (in thousands):


Fiscal Years Ending March 31,	Amount
2027	$	7,762
2028	7,762
2029	7,762
2030	7,762
2031	4,277

Total future amortization expense	$	35,325

Goodwill

The changes in the carrying amount of goodwill were as follows (in thousands):


	Fiscal Year Ended March 31, 2026
Balance, beginning of period	$	67,940
Goodwill acquired	17,033
Balance, end of period	$	84,973

There were no changes to the Company's goodwill balance of $67.9 million during the fiscal year ended March 31, 2025. No impairment charges on goodwill were recorded during the fiscal years ended March 31, 2026, 2025, and 2024.

Doximity, Inc. 10-K