Stock research

DexCom, Inc. (DXCM) Stock Research

DexCom makes continuous glucose monitoring systems that help people with diabetes track blood sugar.

For the fiscal year ended December 31, 2025, DexCom, Inc. reported revenue of $4.7B and net income of $836M, with operating cash flow of $1.4B. Source: Form 10-K filed February 12, 2026

SEC data as of

Revenue
$4.7B
FY ending 2025-12-31
Net income
$836M
FY ending 2025-12-31
Diluted EPS
$2.09
Net margin
17.9%

Reported SEC XBRL figures. Each metric’s period and original filing are listed below.

Loading delayed market data…

Delayed Cboe One market data via TradingView. It may differ from primary-exchange or consolidated quotes.

About DexCom

Exchange
NASDAQ: DXCM
Sector
Health Care
SEC industry
Surgical & Medical Instruments & Apparatus (SIC 3841)
Fiscal year end
December 31

DXCM key financials

Reported figures from DexCom, Inc.'s filings, pulled directly from SEC XBRL data rather than a third-party terminal. Each row links to the filing it came from.

MetricValuePeriodSource
Revenue$4.7B2025-01-01 – 2025-12-31SEC filing
Net income$836M2025-01-01 – 2025-12-31SEC filing
Operating cash flow$1.4B2025-01-01 – 2025-12-31SEC filing
Diluted EPS$2.092025-01-01 – 2025-12-31SEC filing
Net margin17.9%2025-01-01 – 2025-12-31SEC filing
Shares outstanding385MAs of 2026-02-05SEC filing

Values are as tagged by the issuer in XBRL. Revenue for banks and insurers is net of interest expense where that is the reported line. Fiscal years that do not follow the calendar are shown by their period-end date. No price, market cap, or valuation multiple is shown because Yield Theory does not republish unlicensed market data.

Diluted EPS is the earnings figure behind the price-to-earnings ratio; the P/E multiple compression calculator shows how a change in that multiple moves a share price. Shares outstanding multiplied by the share price gives market capitalization.

What investors should watch in DXCM

DexCom, Inc. sits in Health Care. Pharmaceuticals, biotech, medical devices, and managed care — defensive demand paired with binary drug and regulatory catalysts. We have not yet written company-specific drivers for DXCM; the forces that matter most for the sector are:

  • ◆Drug approvals and clinical-trial readouts
  • ◆Medicare and drug-pricing policy
  • ◆Demographics and an aging population
  • ◆GLP-1 and obesity-drug demand

Key questions for the DXCM thesis

Each question starts with what the filings show, then why it matters. None of these is a rating or a forecast.

Does DXCM's reported profit turn into cash?

Operating cash flow was $1.4B, 1.72 times net income of $836M, for the fiscal year ended December 31, 2025.

Cash from operations exceeded reported earnings. Non-cash charges such as depreciation, amortization and stock-based compensation usually explain the gap; the cash-flow statement shows which.

Form 10-K filed February 12, 2026

How much of DXCM's revenue is left as profit?

Net income was 17.9% of revenue for the fiscal year ended December 31, 2025, based on revenue and net income reported for the same period.

Net margin reflects the business model as much as execution, so compare it with companies in the same SEC industry and read the income statement for one-time items before treating it as a run rate.

Form 10-K filed February 12, 2026

Members-only research

What members are reading this month

The thesis, the numbers behind it, and what would break it. Full access is $39 a month.

Read the full research

Congressional trading in DXCM

PoliticianTrade dateTypeOwnerAmountSource
Tina Smith2026-05-07SaleSpouse$100,001 - $250,000Filing #3f315067-5f69-42b3-b32d-063ce735957b
Tina Smith2026-04-29SaleSpouse$100,001 - $250,000Filing #3f315067-5f69-42b3-b32d-063ce735957b
John Boozman2026-01-26PurchaseJoint$1,001 - $15,000Filing #135ebfe9-099e-4d58-ba46-f739b90d61da
Robert Bresnahan2025-05-15PurchaseSelf$1,001 - $15,000Filing #20030482
Jefferson Shreve2025-05-12SaleSelf$15,001 - $50,000Filing #20030387
Jefferson Shreve2025-05-08PurchaseSelf$15,001 - $50,000Filing #20030387
Robert Bresnahan2025-04-08SaleSelf$1,001 - $15,000Filing #20030238
Jefferson Shreve2025-04-07SaleSelf$15,001 - $50,000Filing #20030231
Robert Bresnahan2025-02-25PurchaseSelf$1,001 - $15,000Filing #20029034
Kevin Hern2024-12-31SaleJoint$50,001 - $100,000Filing #20026597

All verified DXCM congressional disclosures

Congressional disclosures are delayed, range-based records—not real-time signals or proof of motive. See the source-linked tracker for scope and limitations.

DXCM — frequently asked questions

What does DexCom, Inc. do?

DexCom makes continuous glucose monitoring systems that help people with diabetes track blood sugar.

What were DXCM's latest reported annual revenue and net income?

For the fiscal year ended December 31, 2025, DexCom, Inc. reported revenue of $4.7B and net income of $836M, with operating cash flow of $1.4B. The figures come from DexCom, Inc.'s SEC XBRL filings.

When does DexCom, Inc.'s fiscal year end?

The SEC lists DexCom, Inc.'s fiscal year end as December 31.

Do members of Congress trade DXCM?

The current verified House and Senate snapshot contains 10 transaction rows for DXCM, each linked to the original filing.

Is DXCM a good investment?

This page does not rate DXCM as a buy or sell. It sets out what DexCom, Inc. reports, what investors should watch and the questions a thesis has to answer, with links to the SEC filings. It is research, not investment advice.

This page is independent research and educational information, not investment advice or a recommendation to buy or sell any security. Company facts are compiled from public sources. Do your own research.

What do the DXCM numbers leave unanswered?

Financials describe the business. The next question is which assumptions an investment thesis depends on. Explore the member reports below for analysis of catalysts, risks, and what would change the view. $39/month or $249/year.

$39/mo or $249/yr · cancel future renewals anytime · sources included