DexCom, Inc. (DXCM) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 1.19B | 1.26B | 1.21B | 1.16B | 1.04B | 1.11B | 994.2M | 1B | 921M | 1.03B | 975M | 871.3M | 741.5M | 815.2M | 769.6M | 696.2M | 628.8M | 698.2M | 650.2M | 595.1M |
| Revenue Growth % | 15.05% | 13.12% | 21.64% | 15.21% | 12.49% | 7.64% | 1.97% | 15.26% | 24.21% | 26.9% | 26.69% | 25.15% | 17.92% | 16.76% | 18.36% | 16.99% | 24.51% | 22.73% | 29.81% | 31.72% |
| Cost of Goods Sold | 441.6M | 466.9M | 461.9M | 468.3M | 447M | 457.7M | 400.4M | 377.6M | 359.1M | 377.9M | 351.7M | 324.9M | 278.9M | 273.9M | 275.4M | 246.7M | 230.7M | 225.6M | 203.3M | 178M |
| COGS % of Revenue | 37.05% | 37.07% | 38.2% | 40.47% | 43.15% | 41.1% | 40.27% | 37.6% | 38.99% | 36.53% | 36.07% | 37.29% | 37.61% | 33.6% | 35.78% | 35.44% | 36.69% | 32.31% | 31.27% | 29.91% |
| Gross Profit | 750.3M | 792.7M | 747.4M | 688.8M | 589M | 655.8M | 593.8M | 626.7M | 561.9M | 656.6M | 623.3M | 546.4M | 462.6M | 541.3M | 494.2M | 449.5M | 398.1M | 472.6M | 446.9M | 417.1M |
| Gross Margin % | 62.95% | 62.93% | 61.8% | 59.53% | 56.85% | 58.9% | 59.73% | 62.4% | 61.01% | 63.47% | 63.93% | 62.71% | 62.39% | 66.4% | 64.22% | 64.56% | 63.31% | 67.69% | 68.73% | 70.09% |
| Gross Profit Growth % | 27.39% | 20.88% | 25.87% | 9.91% | 4.82% | -0.12% | -4.73% | 14.7% | 21.47% | 21.3% | 26.12% | 21.56% | 16.2% | 14.54% | 10.58% | 7.77% | 15.76% | 18.42% | 31.29% | 46.81% |
| Operating Expenses | 495M | 469.7M | 504.9M | 476.2M | 455.3M | 466.9M | 441.8M | 468.7M | 460.8M | 439.7M | 417.8M | 418.3M | 415.4M | 415.9M | 346.7M | 372.5M | 356.8M | 472M | 328.6M | 316.1M |
| OpEx % of Revenue | 41.53% | 37.29% | 41.75% | 41.15% | 43.95% | 41.93% | 44.44% | 46.67% | 50.03% | 42.5% | 42.85% | 48.01% | 56.02% | 51.02% | 45.05% | 53.5% | 56.74% | 67.6% | 50.54% | 53.12% |
| Selling, General & Admin | 349.7M | 321.5M | 331.4M | 328M | 310.1M | 327.4M | 306.4M | 332.7M | 319.3M | 308.8M | 286.4M | 299M | 296.4M | 297.8M | 234.6M | 248.9M | 218.9M | 235.1M | 198.5M | 186.5M |
| SG&A % of Revenue | 29.34% | 25.52% | 27.4% | 28.35% | 29.93% | 29.4% | 30.82% | 33.13% | 34.67% | 29.85% | 29.37% | 34.32% | 39.97% | 36.53% | 30.48% | 35.75% | 34.81% | 33.67% | 30.53% | 31.34% |
| Research & Development | 145.3M | 148.2M | 157.5M | 148.2M | 145.2M | 139.5M | 135.4M | 136M | 141.5M | 136.1M | 131.4M | 119.3M | 119M | 116.3M | 110.3M | 121.7M | 135.9M | 236.9M | 128.8M | 129.1M |
| R&D % of Revenue | 12.19% | 11.77% | 13.02% | 12.81% | 14.02% | 12.53% | 13.62% | 13.54% | 15.36% | 13.16% | 13.48% | 13.69% | 16.05% | 14.27% | 14.33% | 17.48% | 21.61% | 33.93% | 19.81% | 21.69% |
| Other Operating Expenses | 0 | 0 | 1000K | 0 | 0 | 0 | 0 | 0 | 0 | -1000K | 0 | 0 | 0 | 1000K | 1000K | 1000K | 1000K | 0 | 1000K | 500K |
| Operating Income | 255.3M | 323M | 242.5M | 212.6M | 133.7M | 188.9M | 152M | 158M | 101.1M | 216.9M | 205.5M | 128.1M | 47.2M | 125.4M | 147.5M | 77M | 41.3M | 600K | 118.3M | 101M |
| Operating Margin % | 21.42% | 25.64% | 20.05% | 18.37% | 12.91% | 16.96% | 15.29% | 15.73% | 10.98% | 20.97% | 21.08% | 14.7% | 6.37% | 15.38% | 19.17% | 11.06% | 6.57% | 0.09% | 18.19% | 16.97% |
| Operating Income Growth % | 90.95% | 70.99% | 59.54% | 34.56% | 32.25% | -12.91% | -26.03% | 23.34% | 114.19% | 72.97% | 39.32% | 66.36% | 14.29% | 20800% | 24.68% | -23.76% | -10.02% | -99.42% | 25.72% | 48.97% |
| EBITDA | 255.3M | 388.2M | 306.1M | 275.6M | 193.7M | 246.7M | 207.3M | 210.1M | 153.6M | 269.4M | 253.7M | 171.8M | 88.8M | 161.7M | 186.7M | 120.6M | 78.1M | 32.7M | 143.8M | 124.5M |
| EBITDA Margin % | 21.42% | 30.82% | 25.31% | 23.82% | 18.7% | 22.16% | 20.85% | 20.92% | 16.68% | 26.04% | 26.02% | 19.72% | 11.98% | 19.84% | 24.26% | 17.32% | 12.42% | 4.68% | 22.12% | 20.92% |
| EBITDA Growth % | 31.8% | 57.36% | 47.66% | 31.18% | 26.11% | -8.43% | -18.29% | 22.29% | 72.97% | 66.6% | 35.89% | 42.45% | 13.7% | 394.5% | 29.83% | -3.13% | 16.92% | -73.71% | 27.82% | 49.82% |
| D&A (Non-Cash Add-back) | 0 | 65.2M | 63.6M | 63M | 60M | 57.8M | 55.3M | 52.1M | 52.5M | 52.5M | 48.2M | 43.7M | 41.6M | 36.3M | 39.2M | 43.6M | 36.8M | 32.1M | 25.5M | 23.5M |
| EBIT | 0 | 323M | 242.5M | 212.6M | 133.7M | 216.2M | 182.1M | 192.6M | 137.1M | 251.1M | 245.3M | 165.2M | 69.1M | 137.9M | 150.8M | 80M | 41.5M | 11.1M | 118.3M | 101.9M |
| Net Interest Income | 0 | 19.3M | 28M | 23.3M | 23.8M | 24.8M | 27.3M | 31.4M | 31.7M | 28.9M | 36.6M | 31.5M | 17.7M | -4.7M | 1.1M | -1.7M | -5.4M | -4.7M | -4.6M | -3.9M |
| Interest Income | 0 | 23.5M | 32.7M | 28M | 28.5M | 29.7M | 32M | 36.2M | 36.3M | 33.8M | 41.5M | 37.4M | 22.3M | 0 | 5.7M | 3M | 0 | 0 | 0 | 900K |
| Interest Expense | 0 | 4.2M | 4.7M | 4.7M | 4.7M | 4.9M | 4.7M | 4.8M | 4.6M | 4.9M | 4.9M | 5.9M | 4.6M | 4.7M | 4.6M | 4.7M | 5.4M | 4.7M | 4.6M | 4.8M |
| Other Income/Expense | 14.2M | 17.7M | 109.8M | 28.5M | 20.6M | 22.4M | 25.4M | 29.8M | 31.4M | 29.3M | 34.9M | 31.2M | 17.3M | 7.8M | -1.3M | -1.7M | -5.2M | -15.3M | -27.6M | -3.9M |
| Pretax Income | 269.5M | 340.7M | 352.3M | 241.1M | 154.3M | 211.3M | 177.4M | 187.8M | 132.5M | 246.2M | 240.4M | 159.3M | 64.5M | 133.2M | 146.2M | 75.3M | 36.1M | -14.7M | 90.7M | 97.1M |
| Pretax Margin % | 22.61% | 27.05% | 29.13% | 20.84% | 14.89% | 18.98% | 17.84% | 18.7% | 14.39% | 23.8% | 24.66% | 18.28% | 8.7% | 16.34% | 19% | 10.82% | 5.74% | -2.11% | 13.95% | 16.32% |
| Income Tax | 70M | 73.4M | 68.5M | 61.3M | 48.9M | 59.6M | 42.8M | 44.3M | -13.9M | -10.1M | 119.7M | 43.4M | 15.9M | 41.4M | 45M | 24.4M | -61.2M | 4.7M | 19.8M | 18.7M |
| Effective Tax Rate % | 25.97% | 21.54% | 19.44% | 25.43% | 31.69% | 28.21% | 24.13% | 23.59% | -10.49% | -4.1% | 49.79% | 27.24% | 24.65% | 31.08% | 30.78% | 32.4% | -169.53% | -31.97% | 21.83% | 19.26% |
| Net Income | 199.5M | 267.3M | 283.8M | 179.8M | 105.4M | 151.7M | 134.6M | 143.5M | 146.4M | 256.3M | 120.7M | 115.9M | 48.6M | 91.8M | 101.2M | 50.9M | 97.3M | -19.4M | 70.9M | 62.9M |
| Net Margin % | 16.74% | 21.22% | 23.47% | 15.54% | 10.17% | 13.62% | 13.54% | 14.29% | 15.9% | 24.78% | 12.38% | 13.3% | 6.55% | 11.26% | 13.15% | 7.31% | 15.47% | -2.78% | 10.9% | 10.57% |
| Net Income Growth % | 89.28% | 76.2% | 110.85% | 25.3% | -28.01% | -40.81% | 11.52% | 23.81% | 201.23% | 179.19% | 19.27% | 127.7% | -50.05% | 573.2% | 42.74% | -19.08% | 141.44% | -105.46% | -1.8% | 35.85% |
| Net Income (Continuing) | 199.5M | 267.3M | 283.8M | 179.8M | 105.4M | 151.7M | 134.6M | 143.5M | 146.4M | 256.3M | 120.7M | 115.9M | 48.6M | 91.8M | 101.2M | 50.9M | 97.3M | -19.4M | 70.9M | 78.4M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.51 | 0.68 | 0.70 | 0.45 | 0.27 | 0.38 | 0.34 | 0.35 | 0.36 | 0.62 | 0.29 | 0.28 | 0.12 | 0.22 | 0.24 | 0.12 | 0.23 | -0.05 | 0.21 | 0.19 |
| EPS Growth % | 88.89% | 78.95% | 105.88% | 28.57% | -25% | -38.71% | 17.24% | 25% | 200% | 181.82% | 20.83% | 133.33% | -47.83% | 540% | 14.29% | -36.84% | 64.29% | -121.74% | 16.67% | 58.33% |
| EPS (Basic) | 0.52 | 0.69 | 0.73 | 0.46 | 0.27 | 0.39 | 0.35 | 0.36 | 0.38 | 0.67 | 0.31 | 0.30 | 0.13 | 0.24 | 0.24 | 0.13 | 0.23 | -0.05 | 0.23 | 0.20 |
| Diluted Shares Outstanding | 393.6M | 398.9M | 407.4M | 408.2M | 407.5M | 406.7M | 410.2M | 416.8M | 416.7M | 415.9M | 426.8M | 431.5M | 418.5M | 425.9M | 425.8M | 421.4M | 428.8M | 388M | 430.3M | 427.1M |
| Basic Shares Outstanding | 385.1M | 386.7M | 391.1M | 392.1M | 391.1M | 399.33M | 394.2M | 399.2M | 390.2M | 384.1M | 386.6M | 386.7M | 386.7M | 386.3M | 414.34M | 408.56M | 416.71M | 388M | 387.4M | 386.9M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |