Skip to content

DexCom DXCM Operating margin

Other financials

Income statement

See full
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

See full
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

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

Valuation

See full
Market cap$27.49B-9.7%
Enterprise value$26.51B-10.8%
P/E29.5×-27.4×
P/S5.7×-1.6×

Profitability

See full
Gross margin61.5%+2.1pp
Net margin19.3%+6.4pp

Returns & leverage

See full
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 →

Ask your AI about DexCom's operating margin.

Connect your AI assistant and see it in context, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is DexCom's operating margin?
DexCom (DXCM) reported operating margin of 21.4% in Q1 2026.
How has DexCom's operating margin changed year-over-year?
DexCom's operating margin increased by 40.6% year-over-year, from 15.3% to 21.4%.
What is the long-term trend for DexCom's operating margin?
Over 4 years (2021 to 2025), DexCom's operating margin has grown at a 4.0% compound annual growth rate (CAGR), from 58.1% to 68%.
What does operating margin mean?
The profit left from core operations for every dollar of sales, before interest and taxes.
How do you interpret operating margin?
Expanding operating margin shows operating leverage — revenue growing faster than the cost base. Compression points to rising overhead, pricing pressure, or investment ahead of revenue.
How does operating margin compare across companies?
Strong cross-company signal within a sector. Capital-light businesses sustain higher operating margins than capital-intensive ones.