DexCom, Inc.

DXCM Healthcare Medical Devices

DexCom, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $4.7 billion, up 15.6% from fiscal 2024.

Revenue
+11.2%
EPS
0.00%
Free cash flow
−52.9%
Total debt
+0.31%

Quarter to September 2026, against a year earlier

79.96 4.50 −5.33%
Market cap
$31.5B
P/E
32.6×
Fwd P/E
31.8×
Dividend yield
—
F-score
8/9
Altman Z
6.43
Beneish M
−2.70
Dividend safety
n/a

DexCom, Inc. (DXCM) Gross margin

Alert me on Gross margin

DexCom, Inc.'s gross margin over the twelve months to 30 September 2026 was 63.4%, up 3.3 percentage points from fiscal 2025 (60.1%). Over the past ten years it has ranged from 60.1% (fiscal 2025) to 69.3% (fiscal 2015) — the current reading is the lowest in ten years. That is above the Medical Devices industry median of 57.8% and above the Healthcare sector median of 53.9%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 60.1% (0.36)
FY2024 60.5% (2.73)
FY2023 63.2% (1.53)
FY2022 64.7% (3.91)
FY2021 68.6% 2.19
FY2020 66.4% 3.33
FY2019 63.1% (1.25)
FY2018 64.4% (4.13)
FY2017 68.5% 2.49
FY2016 66.0% (3.25)

Quarterly newest first

Period Gross margin Change (points)
Sep 2026 64.3% 0.85
Jun 2026 63.4% 0.49
Mar 2026 63.0% 0.02
Dec 2025 62.9% 2.45
43 more quarters

Against its own ten years

Low 60.1% High 69.3%
Ten-year median 64.7%
Current reading's percentile 37

Gross margin against peers

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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