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%+1.4pp	60.1%+1.1pp	59%+0.2pp	58.8%-0.7pp	59.4%-1.0pp
Operating margin	21.4%+1.9pp	19.6%+2.3pp	17.2%+1.2pp	16%+0.7pp	15.3%+0.4pp
Net margin	19.3%+1.4pp	17.9%+2.0pp	16%+2.7pp	13.3%+0.4pp	12.9%-1.4pp
Returns
Return on equity	35.6%+1.1pp	34.5%+3.9pp	30.6%+7.8pp	22.8%-0.9pp	23.7%-3.9pp
Return on invested capital	45.9%+7.3pp	38.6%-7.7pp	46.3%+14.9pp	31.3%+0.9pp	30.4%+1.0pp
Efficiency
Asset turnover	0.7×0.0×	0.7×+0.1×	0.7×0.0×	0.6×0.0×	0.6×0.0×
Liquidity
Current ratio	1.9×+0.1×	1.9×+0.3×	1.6×0.0×	1.5×0.0×	1.5×0.0×
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×+1.0×	-1.7×-0.6×	-1.1×-0.2×	-0.9×-0.3×
Per Share
Book value per share	$7.51+10.9%	$6.77+1.2%	$6.69+6.2%	$6.30+13.3%	$5.56+9.2%
Valuation
Market capitalization	$24.17B-6.6%	$25.89B-1.9%	$26.39B-23.1%	$34.34B+28.2%	$26.78B-11.8%
Price / earnings	26×-5.0×	31×-5.7×	36.6×-23.5×	60.1×+10.1×	50×-2.7×
Price / sales	5×-0.5×	5.6×-0.3×	5.8×-2.1×	8×+1.5×	6.5×-1.1×
Price / book	8.2×-1.3×	9.4×-0.3×	9.7×-3.7×	13.3×+1.5×	11.8×-2.6×
EV / EBITDA	17.9×-3.6×	21.6×-2.6×	24.1×-11.9×	36.1×+5.8×	30.3×-6.3×

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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.