What are DexCom's profit margins?

DexCom (DXCM) runs a 61.5% gross margin and a 21.4% operating margin, with a 19.3% net margin.

Where do DexCom's ratios come from?

Every ratio is computed from DexCom's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

DexCom DXCM Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	Q1 '26	Q4 '25	Q3 '25	Q2 '25	Q1 '25
Profitability
Gross margin	61.5%+2.1pp	60.1%-0.4pp	59%-2.7pp	58.8%-4.0pp	59.4%-3.4pp
Operating margin	21.4%+6.2pp	19.6%+4.7pp	17.2%+1.3pp	16%-1.3pp	15.3%-1.9pp
Net margin	19.3%+6.4pp	17.9%+3.7pp	16%-1.3pp	13.3%-3.7pp	12.9%-3.9pp
Returns
Return on equity	35.6%+11.9pp	34.5%+6.9pp	30.6%-1.4pp	22.8%-6.6pp	23.7%-4.8pp
Return on invested capital	45.9%+15.5pp	38.6%+9.2pp	46.3%+11.9pp	31.3%-9.4pp	30.4%-1.3pp
Efficiency
Asset turnover	0.7×+0.1×	0.7×+0.1×	0.7×0.0×	0.6×0.0×	0.6×0.0×
Liquidity
Current ratio	1.9×+0.4×	1.9×+0.4×	1.6×-0.9×	1.5×-1.3×	1.5×-1.4×
Leverage
Debt-to-equity	0×0.0×	0.1×0.0×	0×0.0×	0.1×0.0×	0.1×0.0×
Net debt / EBITDA	-0.8×+0.1×	-0.7×-0.1×	-1.7×-1.1×	-1.1×-0.2×	-0.9×-0.1×
Per Share
Book value per share	$7.51+35.1%	$6.77+32.9%	$6.69+38.7%	$6.30+7.9%	$5.56+3.2%
Valuation
Market capitalization	$24.17B-9.7%	$25.89B-14.8%	$26.39B-1.8%	$34.34B-23.8%	$26.78B-49.9%
Price / earnings	26×-24.1×	31×-21.8×	36.6×-2.8×	60.1×-7.5×	50×-33.6×
Price / sales	5×-1.4×	5.6×-2.0×	5.8×-1.0×	8×-3.5×	6.5×-7.6×
Price / book	8.2×-3.6×	9.4×-5.0×	9.7×-3.9×	13.3×-5.2×	11.8×-12.0×
EV / EBITDA	17.9×-12.4×	21.6×-15.0×	24.1×-7.3×	36.1×-13.9×	30.3×-31.9×

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Questions, answered.

What are DexCom's profit margins?: DexCom (DXCM) runs a 61.5% gross margin and a 21.4% operating margin, with a 19.3% net margin.
Where do DexCom's ratios come from?: Every ratio is computed from DexCom's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.