Companies / Health Care
DXCM
Dexcom
Health Care Equipment
Health Care EquipmentAnalysis in progress
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Business at a glance
Operating-health scores describe reported fundamentals on a 0–100 scale. They are not a rating of the stock. How they work
Operating health82
Growth79
Profitability70
Cash generation96
Balance sheet81
Dilution control84
Key ratios and five-year financials
Latest quarter revenue YoY (2026-09-30)11.2%Revenue growth (FY)15.6%Revenue CAGR (3y)17.0%Gross margin60.1%Operating margin19.6%Net margin17.9%Free cash flow margin23.1%R&D / revenue12.9%Stock comp / revenue3.4%Net debt / operating cash flow—Current ratio1.88Diluted share count change-1.7%
| Fiscal year ending | FY 2021-12 | FY 2022-12 | FY 2023-12 | FY 2024-12 | FY 2025-12 |
|---|---|---|---|---|---|
| Revenue | $2.4B | $2.9B | $3.6B | $4.0B | $4.7B |
| Gross profit | $1.7B | $1.9B | $2.3B | $2.4B | $2.8B |
| Operating income | $266M | $391M | $598M | $600M | $912M |
| Net income | $217M | $341M | $542M | $576M | $836M |
| Operating cash flow | $442M | $670M | $748M | $990M | $1.4B |
| Capital expenditure | $389M | $365M | $237M | $359M | $364M |
| Free cash flow | $53M | $305M | $512M | $631M | $1.1B |
| R&D | $517M | $484M | $506M | $552M | $599M |
| Stock-based comp | $113M | $126M | $151M | $170M | $160M |
| Buybacks | $0 | $558M | $689M | $750M | $500M |
| Cash | $1.1B | $642M | $566M | $606M | $918M |
| Equity | $2.0B | $2.1B | $2.1B | $2.1B | $2.7B |
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