Doximity Inc (DOCS)

Operating profit margin

Mar 31, 2025 Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020
Operating income (ttm) US$ in thousands 228,002 221,174 199,800 180,450 163,878 154,867 134,800 133,109 125,108 120,188 117,493 110,343 113,536 108,462 90,609 76,095 53,303 41,518 31,000
Revenue (ttm) US$ in thousands 570,399 550,168 516,849 493,629 475,422 468,331 448,309 436,882 419,052 401,739 384,353 361,518 343,548 316,582 277,415 243,178 206,897 176,564 150,281
Operating profit margin 39.97% 40.20% 38.66% 36.56% 34.47% 33.07% 30.07% 30.47% 29.86% 29.92% 30.57% 30.52% 33.05% 34.26% 32.66% 31.29% 25.76% 23.51% 20.63%

March 31, 2025 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $228,002K ÷ $570,399K
= 39.97%

The operating profit margin of Doximity Inc has shown a steady increase over the last five years, starting at 20.63% in September 2020 and reaching 39.97% in March 2025. The company's operating profit margin experienced some fluctuations during this period, with the highest point of 40.20% observed in December 2024. Overall, the trend indicates an improvement in the company's ability to generate profits from its core operations relative to its total revenue. This upward trajectory is a positive signal of the company's operational efficiency and financial health. Investors and stakeholders may view this trend favorably as it demonstrates Doximity's ability to increase profitability over time.