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DexCom DXCM Inventory turnover

Other financials

Income statement

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Revenue$1.2B+15.0%
Gross profit$750.3M+27.4%
Operating income$255.3M+91.0%
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$27.49B-9.7%
Enterprise value$26.51B-10.8%
P/E29.5×-27.4×
P/S5.7×-1.6×

Profitability

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

Returns & leverage

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

Where this comes from

Calculated from DexCom’s reported figures.

Based on trailing twelve months.

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 inventory turnover?
DexCom (DXCM) reported inventory turnover of 3× in Q1 2026.
How has DexCom's inventory turnover changed year-over-year?
DexCom's inventory turnover increased by 0.9% year-over-year, from 3× to 3×.
What is the long-term trend for DexCom's inventory turnover?
Over 4 years (2021 to 2025), DexCom's inventory turnover has grown at a 3.0% compound annual growth rate (CAGR), from 11× to 12.4×.
What does inventory turnover mean?
How many times a year the company sells through and restocks its inventory.
How do you interpret inventory turnover?
Higher turnover ties up less cash in stock and reduces obsolescence risk, but too high can signal stock-outs and lost sales. Read against peers and the company's own history.
How does inventory turnover compare across companies?
Only meaningful for businesses that carry inventory; automatically null for asset-light and financial firms with no inventory line.