Dexcom (DXCM): financials, SEC filings and peers
Dexcom (DXCM) is a health care equipment company in the Health Care sector of the S&P 500, headquartered in San Diego, California.
It was founded in 1999 and joined the S&P 500 on May 12, 2020.
Its fiscal year ends in December, and its shares trade on the Nasdaq.
In its SEC filings it is classified as “Surgical & Medical Instruments & Apparatus”.
Dexcom at a glance
- Revenue (12 months)
- $5.1B
- Revenue growth
- +13.0%
- Operating margin
- 24.0%
- Net income (12 months)
- $991M
- Free cash flow (12 months)
- $1.1B
- Cash
- $961M
- Debt
- —
- Diluted EPS (12 months)
- $2.54
Twelve months to September 30, 2026, from the 10-Q filed October 29, 2026.
Latest twelve months
Over the twelve months to September 30, 2026, Dexcom reported revenue of $5.1 billion, up 13.0% from a year earlier.
Its operating margin was 24.0%, up 6.8 percentage points from a year earlier: for every $100 of sales, about $24 was left as operating profit.
Net income was $991 million (19.4% of revenue), 37.5% higher than a year earlier.
Operating cash flow was $1.4 billion and capital spending $316 million, leaving free cash flow of $1.1 billion (21.5% of revenue).
At the end of the period it held $961 million in cash and not reported in debt, a net cash position of $961 million.
The diluted share count fell 5.9% in a year, typically the result of buybacks.
Five-year trend
- Revenue went from $1.9 billion in fiscal 2020 to $4.7 billion in fiscal 2025, about 19.3% a year.
- Revenue has grown for 5 fiscal years in a row.
- Operating margin widened from 15.5% to 19.6% over the same years.
- Free cash flow was positive in each of the last 6 fiscal years.
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $2.4B | $2.9B | $3.6B | $4.0B | $4.7B |
| Revenue growth | 27.1% | 18.8% | 24.5% | 11.3% | 15.6% |
| Operating margin | 10.9% | 13.4% | 16.5% | 14.9% | 19.6% |
| Net income | $217M | $341M | $542M | $576M | $836M |
| Free cash flow | $53M | $305M | $512M | $631M | $1.1B |
| Diluted EPS | $0.53 | $0.82 | $1.30 | $1.42 | $2.09 |
Fiscal years as reported in Dexcom’s 10-K filings. Free cash flow is operating cash flow minus capital spending.
Recent SEC filings
- 10-Q filed October 29, 2026 — quarterly report
- 8-K filed October 29, 2026 — Earnings results; Other event
- 8-K filed September 14, 2026 — Executive or director change; Regulation FD disclosure
- 8-K filed September 10, 2026 — Executive or director change; Regulation FD disclosure
- 10-Q filed July 30, 2026 — quarterly report
- 8-K filed July 30, 2026 — Earnings results
- 8-K filed May 28, 2026 — Shareholder vote results
- 8-K filed May 15, 2026 — Regulation FD disclosure; Other event
Companies like Dexcom
Other S&P 500 companies in Health Care Equipment:
- ABTAbbott LaboratoriesNorth Chicago, Illinois
- BAXBaxter InternationalDeerfield, Illinois
- BDXBecton DickinsonFranklin Lakes, New Jersey
- BSXBoston ScientificMarlborough, Massachusetts
- EWEdwards LifesciencesIrvine, California
- GEHCGE HealthCareChicago, Illinois
- IDXXIdexx LaboratoriesWestbrook, Maine
- ISRGIntuitive SurgicalSunnyvale, California
More from Health Care
Questions about Dexcom
Is Dexcom's revenue growing?
Yes. Revenue for the twelve months to September 30, 2026 was $5.1 billion, up 13.0% from a year earlier, according to its SEC filings.
Is Dexcom profitable?
Yes. It earned $991 million in net income over the twelve months to September 30, 2026, a net margin of 19.4%.
When did Dexcom last file financial results?
Its latest quarterly report (10-Q) was filed with the SEC on October 29, 2026.
Which companies are similar to Dexcom?
In the S&P 500, Dexcom is grouped in Health Care Equipment within the Health Care sector. Abbott Laboratories (ABT), Baxter International (BAX), Becton Dickinson (BDX), Boston Scientific (BSX), Edwards Lifesciences (EW) are in the same group.
Understand the numbers
Source: Dexcom’s filings with the U.S. Securities and Exchange Commission (EDGAR), retrieved November 11, 2026. Figures are as reported by the company and may be restated. This page is for information only and is not financial advice.