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DexCom DXCM Other states — Net operating loss

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Other financials

Income statement

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Revenue$1.2B+15.0%
Gross profit$750.3M+27.4%
Operating income$255.3M+90.9%
Net income$199.5M+89.3%
EPS (diluted)$0.51+88.9%

Balance sheet

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Cash & equivalents$1.1B+23.4%
Total debt$143.0M+2.2%
Total equity$3.0B+30.5%
Total assets$6.6B-1.8%

Cash flow

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Operating cash flow$525.6M+186%
CapEx$76.6M-12.0%
Free cash flow$449.0M+364%

Valuation

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Market cap$25.99B-17.5%
Enterprise value$25.01B-17.9%
P/E27.9×-27.2×
P/S5.4×-1.9×

Profitability

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Gross margin61.5%+2.1pp
Operating margin21.4%+6.2pp
Net margin19.3%+6.4pp
FCF margin29.7%+15.8pp

Returns & leverage

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Return on equity35.6%+11.9pp
Debt / equity0.0×
Current ratio1.9×+0.4×

Where this comes from

Reported directly by DexCom in its filing.

Tagged under the XBRL concept us-gaap:OperatingLossCarryforwards.

The official record: DexCom’s 10-K, filed February 12, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is DexCom's other states — net operating loss?
DexCom (DXCM) reported other states — net operating loss of $5.1M in Q4 2025.
How has DexCom's other states — net operating loss changed year-over-year?
DexCom's other states — net operating loss decreased by 12.1% year-over-year, from $5.8M to $5.1M.
What does other states — net operating loss mean?
This metric represents the net operating loss incurred within geographic regions categorized as 'Other States' outside of the company's primary domestic or international markets. It captures the operational expenses, including sales, marketing, and administrative costs, that exceed the revenue generated in these specific territories. This figure is essential for evaluating the profitability and market penetration efficiency of secondary geographic expansion efforts.