DEXCOM INC

10-K & 10-Q Filings

Dexcom, Inc. is a medical device company primarily focused on designing, developing, and commercializing continuous glucose monitoring (CGM) systems for diabetes management. The company's flagship product, the Dexcom G6, received FDA approval in 2018 and is an integrated CGM system (iCGM) that allows for real-time glucose readings and communication with other compatible devices. The G6 has features such as finger stick elimination, easy sensor application, and extended 10-day disposable sensors. In December 2022, the company obtained FDA marketing authorization for the Dexcom G7, which is the most accurate CGM cleared by the FDA and has a smaller, all-in-one wearable design. The company is also working on regulatory approvals for Dexcom Stelo, a product designed for people with Type 2 diabetes who do not use insulin, and Dexcom ONE, a CGM system with a receiver or mobile app. Dexcom's business strategy includes collaborations with insulin delivery systems and organizations for the treatment of Type 2 diabetes. The company's website is dexcom.com, and its stock ticker is DXCM.

12 mos ending Dec 31, 201112 mos ending Dec 31, 201212 mos ending Dec 31, 201312 mos ending Dec 31, 201412 mos ending Dec 31, 201512 mos ending Dec 31, 201612 mos ending Dec 31, 201712 mos ending Dec 31, 201812 mos ending Dec 31, 201912 mos ending Dec 31, 202012 mos ending Dec 31, 202112 mos ending Dec 31, 202212 mos ending Dec 31, 20233 mos ending Mar 31, 20233 mos ending Mar 31, 2024CAGR %YoY %Revenue (+)
$76.27
99.90
160.00
259.20
402.00
573.30
718.50
1031.60
1476.00
1926.70
2448.50
2909.80
3622.30
741.50
921.00
37.95%24.21%Cost of Revenue (-)
$40.42
53.30
59.90
82.90
123.60
194.90
226.40
367.70
544.50
646.60
768.00
1026.70
1333.40
278.90
359.10
33.82%28.76%Gross Profit (+)
$35.84
46.60
100.10
176.30
278.40
378.40
492.10
663.90
931.50
1280.10
1680.50
1883.10
2288.90
462.60
561.90
41.40%21.47%Selling, General & Administrative (-)
$49.94
62.80
84.20
128.40
198.00
286.20
349.20
432.80
515.70
620.70
810.50
1000.20
1185.40
294.60
319.30
30.20%8.38%Research & Development (-)
$30.75
39.50
44.80
69.40
137.50
156.10
185.40
199.70
273.50
359.90
517.10
484.20
505.80
119.00
141.50
26.28%18.91%Depreciation & Amortization (-)
$
7.50
1.80
Operating Expenses (-)
$80.69
102.30
129.00
197.80
335.50
442.30
534.60
850.20
789.20
980.60
1414.70
1491.90
1691.20
415.40
460.80
28.86%10.93%Costs & Expenses (Total) (-)
$121.11
155.60
188.90
280.70
459.10
637.20
761.00
1217.90
1333.70
1627.20
2182.70
2518.60
3024.60
694.30
819.90
30.75%18.09%Operating Income/Loss (+)
$-44.84
-55.70
-28.90
-21.50
-57.10
-63.90
-42.50
-186.30
142.30
299.50
265.80
391.20
597.70
47.20
101.10
114.19%Non-operating Income/Expense (+)
$0.11
-0.30
6.70
26.40
10.20
8.40
18.20
112.70
21.90
31.40
78.46%43.38%Interest Expense (-)
$0.01
0.20
0.90
0.80
0.40
0.70
12.80
22.70
60.30
84.70
100.30
18.60
4.60
Earnings before Tax (+)
$-44.75
-55.80
-29.80
-22.30
-57.50
-64.90
-48.60
-126.50
104.20
225.00
173.90
390.80
710.40
64.50
132.50
105.43%Tax Expense (-)
$
-1.30
0.10
0.10
0.70
1.60
0.60
3.10
-268.60
19.20
49.60
168.90
15.90
-13.90
-187.42%Income/Loss (Continuing Operations) (+)
$-44.75
-54.50
-29.80
-22.40
-57.60
-65.60
-50.20
-127.10
101.10
493.60
154.70
341.20
541.50
48.60
146.40
201.23%Net Income/Loss (+)
$-44.75
-54.50
-29.80
-22.40
-57.60
-65.60
-50.20
-127.10
101.10
493.60
154.70
341.20
541.50
48.60
146.40
201.23%Net Income/Loss (Common) (+)
$-44.75
-54.50
-29.80
-22.40
-57.60
-65.60
-50.20
-127.10
101.10
493.60
154.70
341.20
541.50
48.60
146.40
201.23%EPS (Basic)
$-0.68
-0.79
-0.42
-0.30
-0.72
-0.78
-0.58
-1.44
1.11
5.23
1.60
0.88
1.40
0.13
0.38
192.31%EPS (Diluted)
$-0.68
-0.79
-0.42
-0.30
1.10
5.06
1.55
0.82
1.30
0.12
0.36
200.00%Weighted Avg Shares (Basic)
67.63
68.70
71.10
75.20
79.80
83.60
86.30
88.20
91.10
94.40
96.70
389.40
386.00
386.70
390.20
15.62%0.91%Weighted Avg Shares (Diluted)
68.70
71.10
75.20
79.80
83.60
86.30
88.20
92.30
97.50
100.10
427.50
425.50
418.50
416.70
-0.43%Cash
$2.55
8.10
43.20
71.80
86.10
94.50
441.50
1137.00
446.20
817.60
1052.60
642.30
566.30
623.20
851.20
56.86%36.59%Short-term Investments
$79.36
40.60
11.40
11.80
29.10
29.20
107.10
Receivables
$
74.10
101.70
134.30
226.70
286.30
428.50
514.30
713.30
973.90
636.80
978.60
53.67%Inventory
$8.17
7.40
9.00
16.00
35.20
45.40
45.20
70.70
119.80
234.70
357.30
306.70
559.60
366.00
589.10
42.22%60.96%Prepaid Expenses (Current)
$1.78
2.00
3.40
3.90
6.80
9.20
16.60
16.50
30.00
53.90
81.60
192.60
168.30
197.60
156.00
46.09%-21.05%Other Assets (Current)
$12.55
19.50
26.10
42.40
248.60
1087.10
1890.10
1678.60
1813.90
2157.80
1943.80
2045.80
53.56%5.25%Assets (Current)
$104.41
77.60
93.10
145.90
231.30
280.00
744.70
1699.50
1969.40
3424.80
3684.40
3668.80
4425.90
3767.40
4620.70
36.65%22.65%Securities & Long-term Investments
$0.94
1.00
1.00
1.00
Property, Plant & Equipment (Net)
$15.02
18.90
20.70
31.20
54.70
109.40
145.60
183.10
392.80
608.60
889.90
1135.60
1184.50
1153.50
1176.60
43.90%2.00%Goodwill & Intangibles
$
7.40
6.80
5.90
5.90
11.50
12.10
18.70
18.60
19.30
26.50
199.00
159.70
189.30
146.50
-22.61%Other Assets
$0.11
1.10
0.90
0.60
0.10
1.90
1.70
14.70
14.20
237.80
262.80
388.30
494.40
405.70
538.40
102.02%32.71%Assets (Non-current)
$16.07
28.40
29.40
38.70
60.70
122.80
159.40
216.50
425.60
865.70
1179.20
1722.90
1838.60
1748.50
1861.50
48.44%6.46%Assets (Total)
$120.47
106.00
122.50
184.60
292.00
402.80
904.10
1916.00
2395.00
4290.50
4863.60
5391.70
6264.50
5515.90
6482.20
38.99%17.52%Accounts Payable
$13.15
17.90
29.20
37.60
63.80
101.50
135.70
219.50
344.90
595.40
698.20
1036.10
1516.50
1060.00
1557.10
48.53%46.90%Debt (Current)
$
0.20
2.20
2.30
2.30
13.60
772.60
773.20
Other Liabilities (Current)
$1.59
1.40
0.70
0.70
0.80
0.90
3.20
2.90
1.70
18.70
22.60
30.60
39.50
31.80
37.10
30.69%16.67%Liabilities (Current)
$14.74
19.50
32.10
40.60
66.90
102.40
138.90
222.40
360.20
614.10
720.80
1839.30
1556.00
1865.00
1594.20
47.44%-14.52%Debt (Non-current)
$
6.80
4.60
2.30
327.60
1010.30
1132.10
1667.20
1702.70
1197.70
2434.20
1198.50
2436.00
103.25%Other Liabilities
$1.24
2.70
1.70
1.50
3.90
16.60
18.20
20.00
20.10
182.70
188.60
222.90
205.70
219.40
205.20
53.06%-6.47%Liabilities (Non-current)
$1.24
9.50
6.30
3.80
3.90
16.60
345.80
1030.30
1152.20
1849.90
1891.30
1420.60
2639.90
1417.90
2641.20
89.33%86.28%Liabilities (Total)
$15.98
29.00
38.40
44.40
70.80
119.00
484.70
1252.70
1512.40
2464.00
2612.10
3259.90
4195.90
3282.90
4235.40
59.07%29.01%Treasury Stock
$
100.00
100.00
100.00
206.20
595.00
2451.10
595.00
1394.70
134.40%Retained Earnings
$-391.12
-445.60
-475.40
-497.80
-555.40
-621.00
-671.80
-798.90
-695.70
-202.10
-47.40
479.90
1021.40
528.50
1167.80
120.96%AOCI
$-0.08
-0.10
-0.10
-0.10
-0.30
-1.00
-2.60
1.50
2.30
3.20
0.50
-11.60
-16.70
-6.50
-37.30
-473.85%Shareholder's Equity
$104.49
77.00
84.10
140.20
221.20
283.80
419.40
663.30
882.60
1826.50
2251.50
2131.80
2068.60
2233.00
2246.80
28.25%0.62%Liabilities & Equity
$120.47
106.00
122.50
184.60
292.00
402.80
904.10
1916.00
2395.00
4290.50
4863.60
5391.70
6264.50
5515.90
6482.20
38.99%17.52%Net Income/Loss
$-44.75
-54.50
-29.80
-22.40
-57.60
-65.60
-50.20
-127.10
101.10
493.60
154.70
341.20
541.50
48.60
146.40
201.23%Depreciation & Amortization
$4.67
7.50
7.70
8.80
11.30
15.00
25.50
47.00
98.30
67.10
102.00
155.90
186.00
41.60
52.50
35.95%26.20%Increase/Decrease in Working Capital
$3.58
3.90
2.80
12.80
25.40
6.30
-2.60
40.90
-6.10
20.80
132.00
-26.70
-3.20
-51.50
-19.00
63.11%Share-based Compensation
$13.51
18.40
24.60
50.00
82.70
110.80
106.20
101.90
102.70
119.40
113.40
126.50
150.80
35.20
39.00
22.27%10.80%Adjustments to Reconcile Net Income
$14.62
21.40
32.20
46.00
106.60
121.80
142.20
250.30
213.40
-18.00
287.80
328.30
207.00
106.80
62.80
24.71%-41.20%Net Cash (Operating)
$-30.13
-33.10
2.40
23.60
49.00
56.20
92.00
123.20
314.50
475.60
442.50
669.50
748.50
155.40
209.20
34.62%Capital Expenditure
$8.00
9.50
7.90
16.20
33.80
55.40
66.00
78.40
180.00
199.00
419.40
368.70
236.60
74.70
56.90
32.61%-23.83%Net Cash (Investing)
$-46.37
28.40
20.90
-16.80
-51.50
-55.90
-144.40
-139.80
-1015.20
-1018.00
-216.10
-521.50
-507.20
-186.70
74.80
140.06%Increase/Decrease in Debt
$-0.53
6.60
-0.20
-2.20
-2.30
-2.30
389.00
836.60
1188.80
443.30
Increase/Decrease in Equity
$74.71
3.60
12.00
24.00
19.10
10.40
10.10
94.60
11.90
15.30
20.30
-535.20
-662.10
12.30
13.40
8.94%Interest Expenses
$0.01
0.50
0.40
0.30
0.10
2.40
3.60
10.40
10.60
11.60
12.20
12.40
88.92%Net Cash (Financing)
$74.18
10.20
11.80
21.80
16.80
8.10
399.10
710.40
10.70
912.10
10.40
-552.50
-318.60
11.20
4.70
-58.04%Cash Taxes Paid
$
0.10
1.40
2.30
4.80
3.60
16.80
114.20
212.30
Effect of Exchange Rate
$-0.02
0.30
1.80
-0.70
2.10
-1.40
-5.80
1.50
1.10
-3.80
-445.45%Increase/Decrease in Cash
$-2.34
5.50
35.10
28.60
14.30
8.40
347.00
695.60
-690.70
371.80
235.40
-410.30
-75.80
-19.00
284.90
1599.47%Cash (Beginning)
$4.89
2.60
8.10
43.20
71.80
86.10
94.50
441.50
1137.10
446.40
818.20
1053.60
643.30
643.30
567.50
50.18%-11.78%Cash (Ending)
$2.55
8.10
43.20
71.80
86.10
94.50
441.50
1137.10
446.40
818.20
1053.60
643.30
567.50
624.30
852.40
56.88%36.54%NOPAT
$
-57.00
-28.90
-21.40
-57.00
-63.80
-41.28
-182.91
135.74
657.04
240.12
276.88
419.08
35.56
111.71
214.09%Gross Margin %
47.00%
46.65%
62.56%
68.02%
69.25%
66.00%
68.49%
64.36%
63.11%
66.44%
68.63%
64.72%
63.19%
62.39%
61.01%
Operating Margin %
-58.80%
-55.76%
-18.06%
-8.29%
-14.20%
-11.15%
-5.92%
-18.06%
9.64%
15.54%
10.86%
13.44%
16.50%
6.37%
10.98%
NOPAT Margin %
-57.05%
-18.06%
-8.26%
-14.18%
-11.13%
-5.74%
-17.73%
9.20%
34.10%
9.81%
9.52%
11.57%
4.80%
12.13%
Net Margin %
-58.67%
-54.55%
-18.63%
-8.64%
-14.33%
-11.44%
-6.99%
-12.32%
6.85%
25.62%
6.32%
11.73%
14.95%
6.55%
15.90%
Tax Rate %
-2.33%
0.45%
0.17%
0.15%
2.88%
1.82%
4.61%
-119.38%
9.66%
29.22%
29.88%
24.65%
-10.49%
ROA
-53.77%
-23.59%
-11.59%
-19.52%
-15.84%
-4.57%
-9.55%
5.67%
15.31%
4.94%
5.14%
6.69%
0.64%
1.72%
ROE
-74.02%
-34.36%
-15.27%
-25.77%
-22.48%
-9.84%
-27.58%
15.38%
35.97%
10.66%
12.99%
20.26%
1.59%
4.97%
ROIC
-226.18%
-109.68%
-47.60%
-37.33%
-27.43%
-14.31%
-45.97%
20.90%
70.43%
17.09%
15.50%
22.39%
2.31%
7.15%
Asset Turnover
0.63
0.94
1.31
1.40
1.38
1.42
0.79
0.54
0.62
0.45
0.50
0.54
0.58
0.13
0.14
Inventory Turnover
4.95
7.20
6.66
5.18
3.51
4.29
5.01
5.20
4.55
2.76
2.15
3.35
2.38
0.76
0.61
Equity Multiplier
1.15
1.38
1.46
1.32
1.32
1.42
2.16
2.89
2.71
2.35
2.16
2.53
3.03
2.47
2.89
Current Ratio
7.08
3.98
2.90
3.59
3.46
2.73
5.36
7.64
5.47
5.58
5.11
1.99
2.84
2.02
2.90
Quick Ratio
5.56
2.50
1.70
2.06
2.83
2.20
4.92
6.13
2.03
2.03
2.17
0.74
0.99
0.68
1.15
Debt/Equity Ratio
0.09
0.08
0.03
0.01
0.78
1.52
1.30
0.91
0.76
0.92
1.18
0.88
1.08
Interest Coverage Ratio
-7473.83
-57.80
-53.75
-190.33
-639.00
-17.71
-51.75
13.68
28.25
22.91
32.07
48.20
Working Capital/Sales
-0.02
-0.01
-0.01
0.03
0.23
0.19
0.18
0.19
0.16
0.16
0.20
0.16
0.15
0.27
0.26
R&D/Sales
0.40
0.40
0.28
0.27
0.34
0.27
0.26
0.19
0.19
0.19
0.21
0.17
0.14
0.16
0.15
Total Payout
$-74.18
-10.20
-11.30
-21.40
-16.50
-8.00
-396.70
-927.60
-1.50
-1193.50
-8.70
547.40
231.20
-12.30
-13.40
-8.94%Payout Ratio %
-17.90%
-39.10%
-99.98%
-28.95%
-12.54%
-961.10%
-507.13%
-1.11%
-181.65%
-3.62%
197.70%
55.17%
-34.58%
-12.00%