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DexCom Income Statement

Revenue, expenses, and profitability over time

DexCom generated $4.8B in trailing twelve-month revenue, up 0.2% year-over-year. Net income was $930.4M with a 19.31% net margin. Gross margin stands at 61.5% and operating margin at 21.45%. Diluted EPS is $2.33, which grew 0.7% year-over-year. Based on the Q1 2026 filing.

Total Revenue (TTM)$4.8BGross Profit (TTM)$3.0BOperating Income (TTM)$1.0BNet Income (TTM)$930.4MEps Diluted (TTM)$2.33
Latest FilingQ1 2026
Report Date2026-04-30
Market Cap$29.0B
P/E Ratio31.21
ROE35.62%

Operating Expenses

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Depreciation and amortization$57.8M$60M$63M$63.6M$65.2M$67.1M
Other operating expenses$466.9M$455.3M$476.2M$488.9M$469.7M$495M
Research and development$139.5M$145.2M$148.2M$157.5M$148.2M$145.3M
Selling, general and administrative$327.4M$310.1M$328M$331.4M$321.5M$349.7M
Total operating expenses$466.9M$455.3M$476.2M$488.9M$469.7M$495M

Earnings Per Share

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Basic earnings per share$0.38$0.27$0.46$0.73$0.69$0.52
Diluted earnings per share$0.38$0.27$0.45$0.70$0.67$0.51
Weighted-average shares, basic393.6M391.1M392.1M391.1M390.2M385.1M
Weighted-average shares, diluted412.7M407.5M408.2M407.4M405.5M393.6M

Operating Income

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Gross profit$655.8M$589M$688.8M$731.4M$792.7M$750.3M
Operating income$188.9M$133.7M$212.6M$242.5M$323M$255.3M

Income Before Tax

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income before income taxes$211.3M$154.3M$241.1M$352.3M$340.7M$269.5M

Tax

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income tax expense$59.6M$48.9M$61.3M$68.5M$73.4M$70M

Net Income

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Net income$151.7M$105.4M$179.8M$283.8M$267.3M$199.5M

Other Income & Expense

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Other income (expense), net$22.4M$20.6M$28.5M$109.8M$17.7M$14.2M

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Other income, net (Note 6)$22.4M$20.6M$28.5M$109.8M$17.7M$14.2M
Revenue From Contract With Customer Excluding Assessed Tax$1.1B$1B$1.2B$1.2B$1.3B$1.2B

Cost of Revenue

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Total cost of revenue$457.7M$447M$468.3M$477.9M$466.9M$441.6M

Revenue

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Total revenue$1.1B$1B$1.2B$1.2B$1.3B$1.2B