DXCM on Nasdaq

Dexcom

Logo: dexcom.com4

American healthcare company

Dexcom, Inc. is an American multinational healthcare company that develops, manufactures, produces and distributes a line of continuous glucose monitoring (CGM) systems for diabetes management.3 From Wikipedia, CC BY-SA 4.0

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Last updated Oct 18, 2026.

Overview

1999Founded1

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  • TickerDXCM on Nasdaq1
  • IndustrySurgical & Medical Instruments & Apparatus1
  • HeadquartersSan Diego1
  • Websitedexcom.com
  • Legal formDelaware corporation1
  • Incorporated inDE5
  • Business address6340 Sequence Drive, San Diego, Ca 921215
  • Filer categoryLarge accelerated filer5
Dexcom HQ
Photo: Leonard Teyssier, CC BY-SA 4.0, via Wikimedia Commons7

Dexcom, Inc. is an American multinational healthcare company that develops, manufactures, produces and distributes a line of continuous glucose monitoring (CGM) systems for diabetes management. It operates internationally with global headquarters and R&D center in San Diego, California, U.S., and manufacturing facilities in Mesa, Arizona, U.S.; Batu Kawan, Malaysia; and Athenry, County Galway, Ireland.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

60.1%Gross margin8
19.6%Operating margin8
17.9%Net margin8
15.6%Revenue growth, 20258
30.5%Return on equity8
$1.1BFree cash flow8

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Regions

United States brought in 72% of the revenue Dexcom broke down this way in fiscal 2025.

  1. United States$3.3B872%up 15% from 2024
  2. Outside the United States$1.3B828%up 16% from 2024
Regions by year
Regions202320242025
United States$2.6B$2.9B$3.3B
Outside the United States$997.0M$1.1B$1.3B

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue38¢$1.9B
  • Research and development12¢$599.1M
  • Selling, general and admin27¢$1.3B
  • Income tax5¢$252.1M
  • Profit17¢$836.3M

Out of $4.7B in revenue.8

Where each dollar of operating cash went, fiscal 2025

  • Capital spending25¢$363.5M
  • Share buybacks35¢$500.0M
  • Kept or used elsewhere40¢$577.2M

Out of $1.4B of cash from operations.8

Financial statements

Revenue91011128$4.7B in 2025+216% since 2019
0$2.0B$4.0B$6.0B2019: $1.5B$1.5B20192020: $1.9B$1.9B2020+31%2021: $2.4B$2.4B2021+27%2022: $2.9B$2.9B2022+19%2023: $3.6B$3.6B2023+24%2024: $4.0B$4.0B2024+11%2025: $4.7B$4.7B2025+16%
Gross profit91011128$2.8B in 2025+201% since 2019
0$1.0B$2.0B$3.0B2019: $931.5M$931.5M20192020: $1.3B$1.3B2020+37%2021: $1.7B$1.7B2021+31%2022: $1.9B$1.9B2022+12%2023: $2.3B$2.3B2023+22%2024: $2.4B$2.4B2024+7%2025: $2.8B$2.8B2025+15%
Operating income91011128$911.8M in 2025+541% since 2019
0$250.0M$500.0M$750.0M$1.0B2019: $142.3M$142.3M20192020: $299.5M$299.5M2020+110%2021: $265.8M$265.8M2021−11%2022: $391.2M$391.2M2022+47%2023: $597.7M$597.7M2023+53%2024: $600.0M$600.0M2024+0%2025: $911.8M$911.8M2025+52%
Net income91011128$836.3M in 2025+727% since 2019
0$250.0M$500.0M$750.0M$1.0B2019: $101.1M$101.1M20192020: $549.7M$549.7M2020+444%2021: $216.9M$216.9M2021−61%2022: $341.2M$341.2M2022+57%2023: $541.5M$541.5M2023+59%2024: $576.2M$576.2M2024+6%2025: $836.3M$836.3M2025+45%

Every line of the income statement as filed: the last 3 fiscal years, latest first.8

Period ending2025-12-312024-12-312023-12-31
Revenue$4.7B$4.0B$3.6B
Cost of sales$1.9B$1.6B$1.3B
Gross profit$2.8B$2.4B$2.3B
Research and development$599.1M$552.4M$505.8M
Selling, general and administrative$1.3B$1.3B$1.2B
Total operating expenses$1.9B$1.8B$1.7B
Operating income$911.8M$600.0M$597.7M
Other income, net$176.6M$109.0M$112.7M
Income before income taxes$1.1B$709.0M$710.4M
Income tax expense$252.1M$132.8M$168.9M
Net income$836.3M$576.2M$541.5M
Basic net income per share (in usd per share)$2.14$1.46$1.40
Shares used to compute basic net income per share (in shares)390.2M shares393.6M shares386.0M shares
Diluted net income per share (in usd per share)$2.09$1.42$1.30
Shares used to compute diluted net income per share (in shares)405.5M shares412.7M shares425.5M shares

Compare Dexcom with another company

The story

Dexcom was founded in 1999 by Scott Glenn, John Burd, Lauren Otsuki, Ellen Preston and Bret Megargel. In 2006, Dexcom received U.S. Food and Drug Administration (FDA) approval and launched the Dexcom STS Continuous Glucose Monitoring System, which is a three-day sensor that provides up to 288 glucose measurements for every 24 hours. Dexcom received approval of the second-generation product, the Seven Continuous Glucose Monitoring System, in May 2007. This device improved on accuracy and extended use from three to seven days. In 2008, Dexcom announced two consumer development agreements with Insulet Corporation and Animas Corporation as well as a development agreement with Edwards Lifesciences for a continuous glucose monitor in the intensive care unit hospital environment.

During February 2009, Dexcom received approval for the Seven Plus Continuous Glucose Monitor, its new continuous glucose monitoring system, from the FDA. This product received a CE mark in November 2009. In 2013, development work for integration with Insulet was discontinued. Dexcom entered a non-exclusive agreement with Tandem Diabetes Care, Inc. in 2015 to allow the integration of its forthcoming G5 and G6 continuous glucose monitoring systems into Tandem's insulin pumps. The G5 was approved in 2016 by the FDA for use as a standalone device, while the G6 gained approval in 2018.

Dexcom's first G-series CGM, the G4 Platinum, received a CE mark and FDA approval in 2012 for adults ages 18 and over. This device improved hypoglycemic accuracy by 30%. It also offered a longer range of transmission between the sensor and receiver, as well as a color LCD. The G4 Platinum was approved by the FDA for use in patients ages 2–17 in February 2014. Dexcom received FDA approval in January 2015 for the G4 Platinum with Share, which enabled the sharing of CGM data with up to five other people using the "Share" and "Follow" smartphone apps.

The Dexcom G5 was approved in August 2015 by the FDA for use as a standalone device, the G5 has Bluetooth integrated into its transmitter, enabling it to send data to a mobile device. This allows for use of the device without the standalone receiver. The Dexcom G5 received a CE mark in September 2015.

Dexcom went public in 2005 and is listed on the Nasdaq Global Select Market stock exchange under the ticker symbol DXCM. On April 20, 2020, Dexcom became a component of the Nasdaq-100, replacing American Airlines Group in the index.

The Dexcom G7 was approved in December 2022 by the FDA for use as a standalone device. The Dexcom G7 15-Day is the most accurate currently approved CGM in the U.S.

From Wikipedia’s article on Dexcom, shared under CC BY-SA 4.0.6

Leadership

Who has led Dexcom, and when. Pick a name to see everywhere that person has worked.

Board members and other officers (56)

Products and brands

  • medical device
  • sensor

Listed on Wikidata.1

Timeline

  1. Feb 2, 2026New chief executive Jacob Steven Leach becomes CEO16
  2. Mar 10, 2015New chief executive Kevin R. Sayer becomes CEO17
  3. Jun 21, 2007New chief executive Terrance H. Gregg becomes CEO18
  4. May 4, 2006New chief executive Andrew P. Rasdal becomes CEO19
  5. 1999Founded Founded1

Filings

585 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 61 major events, 352 insider forms, 15 large holders, 137 other. The latest 20:

  1. Oct 15, 2026144 EDGAR
  2. Sep 30, 20264 EDGAR
  3. Sep 28, 2026144 EDGAR
  4. Sep 16, 20264 EDGAR
  5. Sep 16, 20264 EDGAR
  6. Sep 15, 2026144 EDGAR
  7. Sep 15, 2026144 EDGAR
  8. Sep 14, 2026144 EDGAR
  9. Sep 14, 20268-K EDGAR
  10. Sep 14, 20264 EDGAR
  11. Sep 10, 2026144 EDGAR
  12. Sep 10, 20264 EDGAR
  13. Sep 10, 20263 EDGAR
  14. Sep 10, 20268-K EDGAR
  15. Aug 28, 20264 EDGAR
  16. Aug 27, 2026144 EDGAR
  17. Aug 25, 20264 EDGAR
  18. Aug 25, 20264 EDGAR
  19. Aug 25, 20264 EDGAR
  20. Aug 25, 20264 EDGAR

The 585 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last three years, summarized. The full record is on SEC EDGAR.

Insider trades and holders

Large holders

Investors who own more than 5% must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively. 15 such filings since October 2021, the latest 10:

  1. Apr 29, 2026SCHEDULE 13G
  2. Apr 29, 2026SCHEDULE 13G
  3. Mar 26, 2026SCHEDULE 13G/A
  4. Oct 30, 2025SCHEDULE 13G/A
  5. Dec 6, 2024SC 13G/A
  6. Feb 13, 2024SC 13G/A
  7. Jan 25, 2024SC 13G/A
  8. Feb 10, 2023SC 13G/A
  9. Feb 9, 2023SC 13G/A
  10. Jan 27, 2023SC 13G/A

From Forms 4 and Schedules 13D and 13G filed with the SEC.

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
BlackRock, Inc.38,244,137$2.6B0.0%−720,234
Vanguard Capital Management LLC25,209,752$1.7B0.0%+188,791
Vanguard Portfolio Management LLC19,656,540$1.3B0.1%+436,587
State Street Corp18,380,806$1.2B0.0%+445,959
Invesco Ltd.15,288,133$1.0B0.1%+1,615,819
Baillie Gifford & Co14,801,590$996.9M0.9%−797,935
Geode Capital Management, LLC12,426,515$834.2M0.0%+79,877
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC11,261,876$758.5M0.1%+1,515,702
Alliancebernstein L.P.11,693,409$734.3M0.2%−1,230,235
Wellington Management Group Llp8,527,471$574.3M0.1%−798,769
Arrowstreet Capital, Limited Partnership6,873,273$462.9M0.2%+4,328,170
Norges Bank6,868,090$462.6M0.0%New
UBS Group AG6,065,779$408.5M0.1%+1,715,820
Amundi5,603,490$377.4M0.1%−729,071
Morgan Stanley5,156,282$347.3M0.0%+114,238
Ameriprise Financial Inc4,820,775$324.7M0.1%+579,991
Castle Hook Partners LP3,870,342$260.7M2.8%+3,068,495
Goldman Sachs Group Inc3,758,616$253.1M0.0%+714,981
Franklin Resources Inc3,595,893$242.2M0.1%+988,455
Massachusetts Financial Services Co /ma/3,560,621$240.9M0.1%+1,626,169
CIBC Bancorp USA Inc.3,454,735$233.0M0.3%−762,399
Jpmorgan Chase & Co3,325,095$232.7M0.0%−2,674,375
Charles Schwab Investment Management Inc3,439,164$231.6M0.0%+263,865
Northern Trust Corp3,295,144$221.9M0.0%−129,881
Aqr Capital Management LLC3,237,720$218.1M0.1%+1,064,223

13F reports cover disclosed long positions in U.S. stocks only.

Members of Congress who traded it

19 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.

DateMemberTradeAmountVs S&P sinceFiling
May 7, 2026Tina SmithDemocratic, SenateSale$100,001 - $250,000−35.8%Report
Apr 29, 2026Tina SmithDemocratic, SenatePartial sale$100,001 - $250,000−41.0%Report
Jan 26, 2026John BoozmanRepublican, SenateBuy$1,001 - $15,000+5.9%Report
May 15, 2025Robert P. Bresnahan, Jr.Republican, HouseBuy$1,001 - $15,000−30.3%Report
May 12, 2025Jefferson ShreveRepublican, HouseSale$15,001 - $50,000+31.2%Report
May 8, 2025Jefferson ShreveRepublican, HouseBuy$15,001 - $50,000−35.8%Report
Apr 8, 2025Robert P. Bresnahan, Jr.Republican, HouseSale$1,001 - $15,000+13.7%Report
Apr 7, 2025Jefferson ShreveRepublican, HouseSale$15,001 - $50,000+13.4%Report
Feb 25, 2025Robert P. Bresnahan, Jr.Republican, HouseBuy$1,001 - $15,000−32.5%Report
Dec 31, 2024Kevin HernRepublican, HouseSale$50,001 - $100,000+21.1%Report
Sep 12, 2023Josh GottheimerDemocratic, HouseSale$1,001 - $15,000+91.0%Report
Aug 21, 2023Josh GottheimerDemocratic, HousePartial sale$1,001 - $15,000+93.5%Report
Sep 28, 2022Josh GottheimerDemocratic, HousePartial sale$1,001 - $15,000+105.0%Report
Jul 1, 2021Kevin HernRepublican, HouseBuy$100,001 - $250,000−98.7%Report
Jun 3, 2021Thomas R. SuozziDemocratic, HouseSale$15,001 - $50,000+92.9%Report
Oct 2, 2020Susie LeeDemocratic, HouseSale$1,001 - $15,000+141.7%Report
Mar 17, 2020Tina SmithDemocratic, SenatePartial sale$250,001 - $500,000+132.1%Report
Jan 10, 2020Thomas R. SuozziDemocratic, HouseBuy$1,001 - $15,000−91.9%Report
Jan 9, 2020Thomas R. SuozziDemocratic, HouseBuy$15,001 - $50,000−92.4%Report

Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).

Sources

The numbers on this page point here. Each one links to the record it came from.

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