10-Q quarterly report · filed Jul 30, 2025

Dexcom (DXCM) Q2 2025 10-Q Quarterly Report

Short answer

Dexcom (DXCM) filed its Q2 2025 10-Q quarterly report on Jul 30, 2025 for the quarter ended Jun 30, 2025. Quarterly revenue was $1.2B (up 15.2% year over year) with net income of $180M.

Q2 2025 key financials · XBRL

Revenue
$1.2B
+15.2% YoY · +11.7% QoQ
Net income
$180M
+25.3% YoY · +70.6% QoQ
Operating margin
18.4%
Gross margin
59.5%
EPS (diluted)
$0.44
+25.7% YoY · +63.0% QoQ

Source: XBRL data from the Dexcom (DXCM) Q2 2025 10-Q on SEC EDGAR. USD.

Dexcom Q2 2025 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Revenue $1.16B, up 15% YoY from $1.00B in Q2 2024, driven by disposable sensor volume growth
  • Operating margin 18.4% vs 15.7% YoY, operating income $212.6M up 35% reflecting improved profitability
  • Best segment: Disposable sensors ~97% of revenue, increased volume adding 500k-600k customers; worst: Reusable Hardware down to 3% from 6% of revenue
  • Cash and equivalents $2.93B, operating cash flow $303M increased 8% YoY
  • Near-term headwinds: Pricing pressure from rebates and channel mix, gross margin declined from 62.4% to 59.5% due to supply inefficiencies and product mix changes

Risk Factors

  • No newly added risk factors this quarter; risk section supplements and supersedes 2024 10-K risks
  • No material changes to previously disclosed risks; 10-K risk factors remain primary disclosures
  • No updated regulatory, legal, or compliance risks specified beyond those in 2024 10-K
  • No operational or market risk updates; previous supply chain and competition risks continue
  • No new financial risks related to liquidity, debt, currency, or concentration reported this quarter

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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