DexCom Financial Statements
NASDAQ: DXCMHealth CareMedical/Dental InstrumentsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
DexCom revenue and earnings
In fiscal 2025, DexCom generated $4.66 billion in revenue, up 15.6% from fiscal 2024, its 16th consecutive year of revenue growth. Net income was $836.3 million (+45.1% year over year), for a net margin of 17.9% versus a median of 14.3% in the prior 5 years. Gross margin was 60.1% (down from 60.5%) and operating margin 19.6%.
Diluted earnings per share came in at $2.09, up from $1.42. Over the last 5 fiscal years, DXCM's revenue has grown at a 19.3% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
DexCom income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 4.66B | 4.03B | 3.62B | 2.91B | 2.45B | 1.93B | 1.48B | 1.03B | 718.50M | 573.30M |
| Revenue growth (YoY) | +15.60% | +11.34% | +24.49% | +18.84% | +27.08% | +30.54% | +43.08% | +43.58% | +25.33% | +42.61% |
| Cost of Revenue | 1.86B | 1.59B | 1.33B | 1.03B | 768.00M | 646.60M | 544.50M | 367.70M | 226.40M | 194.90M |
| Gross Profit | 2.80B | 2.44B | 2.29B | 1.88B | 1.68B | 1.28B | 931.50M | 663.90M | 492.10M | 378.40M |
| Operating Expenses | 1.89B | 1.84B | 1.69B | 1.49B | 1.41B | 980.60M | 789.20M | 850.20M | 534.60M | 442.30M |
| Research & Development | 599.10M | 552.40M | 505.80M | 484.20M | 517.10M | 359.90M | 273.50M | 199.70M | 185.40M | 156.10M |
| Selling, General & Admin | 1.29B | 1.29B | 1.19B | 1.01B | 810.50M | 618.20M | 515.70M | 432.80M | 349.20M | 286.20M |
| Operating Income | 911.80M | 600.00M | 597.70M | 391.20M | 265.80M | 299.50M | 142.30M | -186.30M | -42.50M | -63.90M |
| Interest Expense | 18.30M | 19.00M | 20.30M | 18.60M | 18.80M | 17.70M | 60.30M | 22.70M | 12.80M | 700.00K |
| Other Income (Expense) | 176.60M | 109.00M | 112.70M | -400.00K | -9.00M | 16.10M | 26.40M | 2.40M | 6.70M | -700.00K |
| Pretax Income | 1.09B | 709.00M | 710.40M | 390.80M | 256.80M | 297.90M | 104.20M | -126.50M | -48.60M | -64.90M |
| Income Tax | 252.10M | 132.80M | 168.90M | 49.60M | 39.90M | -251.80M | 3.10M | 600.00K | 1.60M | 700.00K |
| Net Income | 836.30M | 576.20M | 541.50M | 341.20M | 216.90M | 549.70M | 101.10M | -127.10M | -50.20M | -65.60M |
| Net Income growth (YoY) | +45.14% | +6.41% | +58.70% | +57.31% | -60.54% | +443.72% | — | — | — | — |
| EPS (Basic) | 2.14 | 1.46 | 1.40 | 0.88 | 0.56 | 1.46 | 1.11 | -1.44 | -0.58 | -0.78 |
| EPS (Diluted) | 2.09 | 1.42 | 1.30 | 0.82 | 0.53 | 1.33 | 1.10 | -1.44 | -0.58 | -0.78 |
| Shares Outstanding (Basic) | 390.20M | 393.60M | 386.00M | 389.40M | 386.90M | 377.50M | 91.10M | 88.20M | 86.30M | 83.60M |
| Shares Outstanding (Diluted) | 405.50M | 412.70M | 425.50M | 427.50M | 428.80M | 420.40M | 92.30M | 88.20M | 86.30M | 83.60M |
| EBITDA | 1.16B | 817.70M | 783.70M | 547.10M | 367.80M | 366.60M | 191.00M | -157.20M | -26.40M | -48.90M |
| Gross Margin | 60.10% | 60.46% | 63.19% | 64.72% | 68.63% | 66.44% | 63.11% | 64.36% | 68.49% | 66.00% |
| Operating Margin | 19.56% | 14.88% | 16.50% | 13.44% | 10.86% | 15.54% | 9.64% | -18.06% | -5.92% | -11.15% |
| Net Margin | 17.94% | 14.29% | 14.95% | 11.73% | 8.86% | 28.53% | 6.85% | -12.32% | -6.99% | -11.44% |
This table shows 10 annual periods of DexCom's income statement, from FY 2025 back to FY 2016, across 20 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow DXCM's reporting calendar. What is a income statement?