The company says a challenging market and uncertainty about tariffs are having an effect.
The maker of an iconic brand of footwear have seen its profits fall by more than 90% in the last year.
Dr Martens, based in Wollaston, Northamptonshire, posted pre-tax profits for the year to March of £8.8m.
The figure for the previous year was £93m.
The company said UK revenues had been hit by "a challenging market".
The Dr Martens design originated in Germany in the 1940s and production started in the UK in 1959, when the Northamptonshire-based Griggs Group bought the patent rights.
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