What is DexCom's gross profit?

DexCom (DXCM) reported gross profit of $750.3M in Q1 2026.

How has DexCom's gross profit changed year-over-year?

DexCom's gross profit increased by 27.4% year-over-year, from $589M to $750.3M.

What is the long-term trend for DexCom's gross profit?

Over 4 years (2021 to 2025), DexCom's gross profit has grown at a 13.6% compound annual growth rate (CAGR), from $1.68B to $2.8B.

What does gross profit mean?

Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.

DexCom DXCM Gross Profit

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Other financials

Income statement

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Revenue$1.2B+15.0%

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 / equity0×0.0×

Current ratio1.9×+0.4×

Where this comes from

Calculated from DexCom’s reported figures.

$1.2Btotal revenue−$441.6Mtotal cost of revenue=$750.3M

The official record: DexCom’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is DexCom's gross profit?: DexCom (DXCM) reported gross profit of $750.3M in Q1 2026.
How has DexCom's gross profit changed year-over-year?: DexCom's gross profit increased by 27.4% year-over-year, from $589M to $750.3M.
What is the long-term trend for DexCom's gross profit?: Over 4 years (2021 to 2025), DexCom's gross profit has grown at a 13.6% compound annual growth rate (CAGR), from $1.68B to $2.8B.
What does gross profit mean?: Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.