Doximity Inc (DOCS)

Operating profit margin

		Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Operating income	US$ in thousands	227,800	163,878	125,108	113,536	53,303
Revenue	US$ in thousands	570,399	475,422	419,052	343,548	206,897
Operating profit margin		39.94%	34.47%	29.86%	33.05%	25.76%

March 31, 2025 calculation

Operating profit margin = Operating income ÷ Revenue
= $227,800K ÷ $570,399K
= 39.94%

Based on the data provided, the operating profit margin of Doximity Inc has shown a positive trend over the past five years.

In March 31, 2021, the operating profit margin was 25.76%, which increased to 33.05% by March 31, 2022. The margin then slightly decreased to 29.86% by March 31, 2023, but quickly rebounded to 34.47% by March 31, 2024. The most recent data point, as of March 31, 2025, indicates a significant improvement in the operating profit margin to 39.94%.

This indicates that Doximity Inc has been able to effectively manage its operating expenses and generate more profit from its core operations over the years, leading to increased profitability and efficiency in its business operations. The consistent improvement in the operating profit margin suggests that the company is on a positive trajectory in terms of its operational performance.