The Investor
12 Jan 2026, 17:33
DexCom, Inc. reported preliminary, unaudited results for the fourth quarter and full year 2025, delivering solid revenue growth and providing an initial outlook for 2026. Fourth-quarter revenue reached approximately $1.26 billion, up 13% year over year, supported by U.S. revenue of about $892 million and international revenue of roughly $368 million.
For full-year 2025, Dexcom said revenue totaled approximately $4.66 billion, representing 16% growth compared with 2024, while reiterating its non-GAAP gross margin guidance of around 61% and operating margin guidance of 20–21%. Chief Executive Officer Jake Leach said the company closed 2025 above the high end of its guidance, highlighting the initial launch of the G7 15 Day sensor and continued momentum in the continuous glucose monitoring market.
Looking ahead, Dexcom expects 2026 revenue of $5.16 billion to $5.25 billion, implying growth of about 11–13%, driven by increasing CGM adoption, international expansion, and new product initiatives. The company also forecasts non-GAAP gross margins of 63–64% and operating margins of 22–23% in 2026, and plans to release its audited fourth-quarter and full-year 2025 results on February 12, 2026.
Source: Business Wire
For full-year 2025, Dexcom said revenue totaled approximately $4.66 billion, representing 16% growth compared with 2024, while reiterating its non-GAAP gross margin guidance of around 61% and operating margin guidance of 20–21%. Chief Executive Officer Jake Leach said the company closed 2025 above the high end of its guidance, highlighting the initial launch of the G7 15 Day sensor and continued momentum in the continuous glucose monitoring market.
Looking ahead, Dexcom expects 2026 revenue of $5.16 billion to $5.25 billion, implying growth of about 11–13%, driven by increasing CGM adoption, international expansion, and new product initiatives. The company also forecasts non-GAAP gross margins of 63–64% and operating margins of 22–23% in 2026, and plans to release its audited fourth-quarter and full-year 2025 results on February 12, 2026.
Source: Business Wire
