Dexcom annual operating margin
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2025
Dexcom Operating Margin Growth & History (DXCM)
Dexcom's operating margin was 19.56% for fiscal 2025.
View full Dexcom company overviewDexcom annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 19.56% | +4.68 pp |
| 2024 | 2024-12-31 | 14.88% | −1.62 pp |
| 2023 | 2023-12-31 | 16.50% | +3.06 pp |
| 2022 | 2022-12-31 | 13.44% | +2.59 pp |
| 2021 | 2021-12-31 | 10.86% | −4.69 pp |
| 2020 | 2020-12-31 | 15.54% | +5.90 pp |
| 2019 | 2019-12-31 | 9.64% | +27.70 pp |
| 2018 | 2018-12-31 | −18.06% | −12.14 pp |
| 2017 | 2017-12-31 | −5.92% | +5.23 pp |
| 2016 | 2016-12-31 | −11.15% | +3.06 pp |
| 2015 | 2015-12-31 | −14.20% | −5.91 pp |
| 2014 | 2014-12-31 | −8.29% | +9.77 pp |
| 2013 | 2013-12-31 | −18.06% | +37.69 pp |
| 2012 | 2012-12-31 | −55.76% | +2.96 pp |
| 2011 | 2011-12-31 | −58.72% | +34.49 pp |
| 2010 | 2010-12-31 | −93.21% | +61.15 pp |
| 2009 | 2009-12-31 | −154.36% | — |
Dexcom quarterly operating margin
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Q2.26
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 24.33% | +5.95 pp |
| Q1 2026 | 2026-03-31 | 21.42% | +8.51 pp |
| Q4 2025 | 2025-12-31 | 25.64% | +8.68 pp |
| Q3 2025 | 2025-09-30 | 20.05% | +4.76 pp |
| Q2 2025 | 2025-06-30 | 18.37% | +2.64 pp |
| Q1 2025 | 2025-03-31 | 12.91% | +1.93 pp |
| Q4 2024 | 2024-12-31 | 16.96% | −4.00 pp |
| Q3 2024 | 2024-09-30 | 15.29% | −5.79 pp |
| Q2 2024 | 2024-06-30 | 15.73% | +1.03 pp |
| Q1 2024 | 2024-03-31 | 10.98% | +4.61 pp |
| Q4 2023 | 2023-12-31 | 20.97% | +5.58 pp |
| Q3 2023 | 2023-09-30 | 21.08% | +1.91 pp |
| Q2 2023 | 2023-06-30 | 14.70% | +3.64 pp |
| Q1 2023 | 2023-03-31 | 6.37% | −0.20 pp |
| Q4 2022 | 2022-12-31 | 15.38% | +15.30 pp |
| Q3 2022 | 2022-09-30 | 19.17% | +0.97 pp |
| Q2 2022 | 2022-06-30 | 11.06% | −5.91 pp |
| Q1 2022 | 2022-03-31 | 6.57% | −2.52 pp |
| Q4 2021 | 2021-12-31 | 0.09% | −18.19 pp |
| Q3 2021 | 2021-09-30 | 18.19% | −0.59 pp |
| Q2 2021 | 2021-06-30 | 16.97% | +1.97 pp |
| Q1 2021 | 2021-03-31 | 9.09% | +0.79 pp |
| Q4 2020 | 2020-12-31 | 18.28% | −3.65 pp |
| Q3 2020 | 2020-09-30 | 18.79% | +4.66 pp |
| Q2 2020 | 2020-06-30 | 15.01% | +15.24 pp |
| Q1 2020 | 2020-03-31 | 8.29% | +13.43 pp |
| Q4 2019 | 2019-12-31 | 21.93% | +70.63 pp |
| Q3 2019 | 2019-09-30 | 14.13% | +8.92 pp |
| Q2 2019 | 2019-06-30 | −0.24% | +1.78 pp |
| Q1 2019 | 2019-03-31 | −5.13% | +11.51 pp |
| Q4 2018 | 2018-12-31 | −48.70% | −54.13 pp |
| Q3 2018 | 2018-09-30 | 5.21% | +5.48 pp |
| Q2 2018 | 2018-06-30 | −2.02% | +5.95 pp |
| Q1 2018 | 2018-03-31 | −16.65% | +11.74 pp |
| Q4 2017 | 2017-12-31 | 5.43% | +8.99 pp |
| Q3 2017 | 2017-09-30 | −0.27% | +12.18 pp |
| Q2 2017 | 2017-06-30 | −7.97% | +6.67 pp |
| Q1 2017 | 2017-03-31 | −28.39% | −11.87 pp |
| Q4 2016 | 2016-12-31 | −3.56% | −4.79 pp |
| Q3 2016 | 2016-09-30 | −12.45% | +27.85 pp |
| Q2 2016 | 2016-06-30 | −14.64% | −10.78 pp |
| Q1 2016 | 2016-03-31 | −16.52% | +0.92 pp |
| Q4 2015 | 2015-12-31 | 1.22% | −0.67 pp |
| Q3 2015 | 2015-09-30 | −40.30% | −33.06 pp |
| Q2 2015 | 2015-06-30 | −3.86% | +6.00 pp |
| Q1 2015 | 2015-03-31 | −17.45% | +8.67 pp |
| Q4 2014 | 2014-12-31 | 1.90% | +6.35 pp |
| Q3 2014 | 2014-09-30 | −7.25% | +6.27 pp |
| Q2 2014 | 2014-06-30 | −9.86% | +17.79 pp |
| Q1 2014 | 2014-03-31 | −26.11% | +10.71 pp |
| Q4 2013 | 2013-12-31 | −4.45% | +20.48 pp |
| Q3 2013 | 2013-09-30 | −13.52% | +61.37 pp |
| Q2 2013 | 2013-06-30 | −27.65% | +35.17 pp |
| Q1 2013 | 2013-03-31 | −36.82% | +39.79 pp |
| Q4 2012 | 2012-12-31 | −24.92% | +29.55 pp |
| Q3 2012 | 2012-09-30 | −74.89% | −1.99 pp |
| Q2 2012 | 2012-06-30 | −62.82% | −28.32 pp |
| Q1 2012 | 2012-03-31 | −76.62% | +7.13 pp |
| Q4 2011 | 2011-12-31 | −54.48% | +57.51 pp |
| Q3 2011 | 2011-09-30 | −72.90% | +22.70 pp |
| Q2 2011 | 2011-06-30 | −34.50% | — |
| Q1 2011 | 2011-03-31 | −83.74% | — |
| Q3 2010 | 2010-09-30 | −111.99% | — |
| Q2 2010 | 2010-06-30 | −95.60% | — |
Dexcom operating margin trends
Over the last five reported fiscal years, Dexcom's operating margin increased from 15.54% to 19.56%, a change of +4.01 percentage points. The latest reported quarter, Q2 2026, shows 24.33%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Dexcom filings at SEC.gov ↗