Stocks · Health care · Surgical & Medical Instruments & Apparatus

Dexcom

DXCM Clue Score82
United States Fiscal year ends December CIK 0001093557
$84.11 -0.36% Close, 9 Oct 2026
Price $84.11 −84.09% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2016Revenue573.3Operating income−63.9Net income−65.6Fiscal year 2017Revenue718.5 +25.3%Operating income−42.5Net income−50.2EPS, diluted−0.58Fiscal year 2018Revenue1,031.6 +43.6%Operating income−186.3Net income−127.1EPS, diluted−1.44Fiscal year 2019Revenue1,476.0 +43.1%Operating income142.3Net income101.1EPS, diluted1.10Fiscal year 2020Revenue1,926.7 +30.5%Operating income299.5Net income549.7 +443.7%EPS, diluted1.33Fiscal year 2021Revenue2,448.5 +27.1%Operating income265.8Net income216.9 −60.5%EPS, diluted0.53Fiscal year 2022Revenue2,909.8 +18.8%Operating income391.2Net income341.2 +57.3%EPS, diluted0.82Fiscal year 2023Revenue3,622.3 +24.5%Operating income597.7Net income541.5 +58.7%EPS, diluted1.30Fiscal year 2024Revenue4,033.0 +11.3%Operating income600.0Net income576.2 +6.4%EPS, diluted1.42Fiscal year 2025Revenue4,662.0 +15.6%Operating income911.8Net income836.3 +45.1%EPS, diluted2.09
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 573.3 718.5 1,031.6 1,476.0 1,926.7 2,448.5 2,909.8 3,622.3 4,033.0 4,662.0
Growth +25.3% +43.6% +43.1% +30.5% +27.1% +18.8% +24.5% +11.3% +15.6%
Operating income −63.9 −42.5 −186.3 142.3 299.5 265.8 391.2 597.7 600.0 911.8
Net income −65.6 −50.2 −127.1 101.1 549.7 216.9 341.2 541.5 576.2 836.3
Growth +443.7% −60.5% +57.3% +58.7% +6.4% +45.1%
EPS, diluted n/a −0.58 −1.44 1.10 1.33 0.53 0.82 1.30 1.42 2.09

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2016Gross margin66.0%Operating margin−11.1%Net margin−11.4%Free cash flow margin0.1%Fiscal year 2017Gross margin68.5%Operating margin−5.9%Net margin−7.0%Free cash flow margin3.6%Fiscal year 2018Gross margin64.4%Operating margin−18.1%Net margin−12.3%Free cash flow margin5.4%Fiscal year 2019Gross margin63.1%Operating margin9.6%Net margin6.8%Free cash flow margin9.1%Fiscal year 2020Gross margin66.4%Operating margin15.5%Net margin28.5%Free cash flow margin14.4%Fiscal year 2021Gross margin68.6%Operating margin10.9%Net margin8.9%Free cash flow margin2.2%Fiscal year 2022Gross margin64.7%Operating margin13.4%Net margin11.7%Free cash flow margin10.5%Fiscal year 2023Gross margin63.2%Operating margin16.5%Net margin14.9%Free cash flow margin14.1%Fiscal year 2024Gross margin60.5%Operating margin14.9%Net margin14.3%Free cash flow margin15.6%Fiscal year 2025Gross margin60.1%Operating margin19.6%Net margin17.9%Free cash flow margin23.1%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Gross margin 66.0% 68.5% 64.4% 63.1% 66.4% 68.6% 64.7% 63.2% 60.5% 60.1%
Operating margin −11.1% −5.9% −18.1% 9.6% 15.5% 10.9% 13.4% 16.5% 14.9% 19.6%
Net margin −11.4% −7.0% −12.3% 6.8% 28.5% 8.9% 11.7% 14.9% 14.3% 17.9%
Free cash flow margin 0.1% 3.6% 5.4% 9.1% 14.4% 2.2% 10.5% 14.1% 15.6% 23.1%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow56.2Capital expenditure−55.7Free cash flow0.5Buybacks0.0Fiscal year 2017Operating cash flow92.0Capital expenditure−66.0Free cash flow26.0 +5,100.0%Buybacks0.0Fiscal year 2018Operating cash flow123.2Capital expenditure−67.1Free cash flow56.1 +115.8%Buybacks−100.0Fiscal year 2019Operating cash flow314.5Capital expenditure−180.0Free cash flow134.5 +139.8%Buybacks0.0Fiscal year 2020Operating cash flow475.6Capital expenditure−199.0Free cash flow276.6 +105.7%Buybacks0.0Fiscal year 2021Operating cash flow442.5Capital expenditure−389.2Free cash flow53.3 −80.7%Buybacks0.0Fiscal year 2022Operating cash flow669.5Capital expenditure−364.8Free cash flow304.7 +471.7%Buybacks−557.7Fiscal year 2023Operating cash flow748.5Capital expenditure−236.6Free cash flow511.9 +68.0%Buybacks−688.7Fiscal year 2024Operating cash flow989.5Capital expenditure−358.8Free cash flow630.7 +23.2%Buybacks−750.0Fiscal year 2025Operating cash flow1,440.7Capital expenditure−363.5Free cash flow1,077.2 +70.8%Buybacks−500.0
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 56.2 92.0 123.2 314.5 475.6 442.5 669.5 748.5 989.5 1,440.7
Capital expenditure −55.7 −66.0 −67.1 −180.0 −199.0 −389.2 −364.8 −236.6 −358.8 −363.5
Free cash flow 0.5 26.0 56.1 134.5 276.6 53.3 304.7 511.9 630.7 1,077.2
Growth +5,100.0% +115.8% +139.8% +105.7% −80.7% +471.7% +68.0% +23.2% +70.8%
Buybacks 0.0 0.0 −100.0 0.0 0.0 0.0 −557.7 −688.7 −750.0 −500.0

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
Cash
Fiscal year 2016Cash94.5Shareholders’ equity283.8Fiscal year 2017Cash441.5Shareholders’ equity419.4Fiscal year 2018Cash1,137.0Shareholders’ equity663.3Fiscal year 2019Cash446.2Shareholders’ equity882.6Fiscal year 2020Cash817.6Shareholders’ equity1,551.9Fiscal year 2021Cash1,052.6Shareholders’ equity2,042.1Fiscal year 2022Cash642.3Shareholders’ equity2,131.8Fiscal year 2023Cash566.3Shareholders’ equity2,068.6Fiscal year 2024Cash606.1Shareholders’ equity2,102.6Fiscal year 2025Cash917.7Shareholders’ equity2,746.0
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 94.5 441.5 1,137.0 446.2 817.6 1,052.6 642.3 566.3 606.1 917.7
Shareholders’ equity 283.8 419.4 663.3 882.6 1,551.9 2,042.1 2,131.8 2,068.6 2,102.6 2,746.0

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Balance sheet

In millions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020† 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Assets
94.5 441.5 1,137.0 446.2 817.6 1,052.6 642.3 566.3 606.1 917.7
101.7 134.3 226.7 286.3 428.5 514.3 713.3 973.9 1,005.7 1,216.1
45.4 45.2 70.7 119.8 234.7 357.3 306.7 559.6 542.6 629.1
109.4 145.6 183.1 321.3 515.3 801.8 1,055.6 n/a n/a n/a
11.3 12.1 18.7 18.6 19.3 26.5 25.7 25.2 22.8 24.2
402.8 904.1 1,916.0 2,395.0 4,290.5 4,933.3 5,391.7 6,264.5 6,484.5 6,339.9
Growth +124.5% +111.9% +25.0% +79.1% +15.0% +9.3% +16.2% +3.5% −2.2%
Liabilities
119.0 484.7 1,252.7 1,512.4 2,464.0 2,891.2 3,259.9 4,195.9 4,381.9 3,593.9
Equity
−621.0 −671.8 −798.9 −695.7 −78.2 138.7 479.9 1,021.4 1,597.6 2,433.9
283.8 419.4 663.3 882.6 1,551.9 2,042.1 2,131.8 2,068.6 2,102.6 2,746.0
Growth +47.8% +58.2% +33.1% +75.8% +31.6% +4.4% −3.0% +1.6% +30.6%
Per share and net cash
84.6 87.0 90.0 91.6 96.1 388.0 386.3 385.4 390.7 384.8
calc 3.35 4.82 7.37 9.64 16.15 5.26 5.52 5.37 5.38 7.14

† The diluted share count jumps at 2020, so per-share figures either side of that column are not comparable. Usually a split, but the break lands on the restatement boundary rather than on the split date, because every column is that period’s latest filing.

Lines marked calc are worked out here from filed figures; point at one for how.