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DXCM

Dexcom

Health CareSurgical & Medical InstrumentsS&P 500
Ticker DXCMSAN DIEGO, CAFiscal year ends DecemberBook value per share $6.69Diluted shares 391.8M

DexCom, Inc. (Nasdaq: DXCM) is a medical device company focused on continuous glucose monitoring (CGM) systems for diabetes management and metabolic health. Its products provide ongoing glucose readings, trends and alerts to patients, caregivers and clinicians, and connect with mobile devices, cloud-based reporting… From the company’s description.

In fiscal 2025, Dexcom reported revenue of $4.66B, up 15.6% from fiscal 2024, and net income of $836.30M. Its operating margin was 19.6%, and operations generated $1.44B in cash. Over the twelve months to Jun 30, 2026, revenue was $4.97B.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$4.66BFY2025
+15.6% year over year
Last 12 mo $4.97B
19.56%FY2025
+4.7 percentage points
Last 12 mo 22.92%
$836.30MFY2025
+45.1% year over year
Last 12 mo $999.70M
30.46%FY2025
+3.1 percentage points
Last 12 mo 38.14%
Cash & financing
$1.44BFY2025
+45.6% year over year
Last 12 mo $1.75B
$1.08BFY2025
+70.8% year over year
Last 12 mo $1.41B
0.45FY2025
Was 1.16× a year earlier
Last 12 mo 0.47
405.5MFY2025
−1.7% year over year
Last 12 mo 391.8M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Dexcom does

In the company’s own words

DexCom, Inc. (Nasdaq: DXCM) is a medical device company focused on continuous glucose monitoring (CGM) systems for diabetes management and metabolic health. Its products provide ongoing glucose readings, trends and alerts to patients, caregivers and clinicians, and connect with mobile devices, cloud-based reporting tools and compatible insulin delivery systems. Its offerings include the Dexcom G7 and G7 15 Day CGM systems, Dexcom ONE+, and Stelo, an over-the-counter glucose biosensor for adults with prediabetes and Type 2 diabetes who do not use insulin. Dexcom also provides remote monitoring through Dexcom Share and Follow and collaborates with insulin-delivery and digital-health partners. The company sells to customers through direct sales and distribution arrangements, serving people with diabetes and those seeking to manage metabolic health, as well as healthcare professionals and other care providers. Dexcom reports one operating segment. Revenue was $4.6 billion in fiscal 2025. Its major brands include Dexcom, Dexcom Clarity and Stelo. Its website is www.dexcom.com.

Company details
Sector
Health Care
Industry (SIC)
Surgical & Medical Instruments
Headquarters
SAN DIEGO, CA
Fiscal year end
December
CIK
1093557
SIC
3841

Financial performance, year by year

Fiscal 2013–2025 · USD
$-636.73M$892.16M$2.42B$3.95B$5.48B2013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Dexcom — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

848
funds hold it
0 of 35
superinvestors hold it
$9.62B
held by funds, at market
38.1%
of shares held by funds
1
bond issues held by funds

Largest fund holders · Dexcom’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.04%of fund net assets
VANGUARD 500 INDEX FUND
VOO · VANGUARD INDEX FUNDS
0.04%of fund net assets
VANGUARD MID-CAP INDEX FUND
VO · VANGUARD INDEX FUNDS
0.25%of fund net assets
0.11%of fund net assets
VANGUARD HEALTH CARE FUND
VGHCX · VANGUARD SPECIALIZED FUNDS
—of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Dexcom’s bonds, as funds hold them

Funds report holding 1 issues of Dexcom’s debt, $139.82M at market value — what funds hold, not the company’s total debt. Weighted-average coupon 0.38%, maturing 2028 to 2028.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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  • “How do Dexcom and its peers compare on margins and cash generation over ten years?”
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