Jun 2026 (Q2 FY26) — Jul 30, 2026
Dexcom Q2 FY26 — Strong Revenue Growth and Strategic Advancements
Read the full callDexcom earnings: last reported Thu, 30 Jul 2026, for the quarter ended Jun 2026.
Reported
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 1,308 | +13.1% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | 24.3 | +6.0 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | 249 | +38.5% YoY | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. |
Guidance
9 of 9 judged targets kept · 7 open · verdicts reflect calls analysed to Jun 2026.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| Commercial PBM coverage for type 2 non-insulin diabetes lives | More than 7 million type 2 non-insulin lives covered by the end of 2026 | Mar 2026 | we now have coverage for all people with diabetes across the 4 largest commercial PBMs. This represents reimbursement for more than 7 million people with type 2 diabetes who are not on insulin. | Achieved |
| Full-year adjusted EBITDA margin guidance | approximately 30% to 31% | Dec 2025 | adjusted EBITDA margin guidance to a range of 31.5% to 32% | Revised Up |
7 of DEXCOM INC's 16 targets are still open. See which are on track and which have gone quiet. The 2 above are the free sample; 14 more targets are in the full ledger.
Claimed
Qualified
Price
1Y: $66.6 on 17 Oct 2025 → $85.98. High $92.34 (21 Aug 2026), low $54.84 (10 Nov 2025).
Overview
Guidance
9 of 9 judged targets kept · 7 open · verdicts reflect calls analysed to Jun 2026.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| Commercial PBM coverage for type 2 non-insulin diabetes lives | More than 7 million type 2 non-insulin lives covered by the end of 2026 | Mar 2026 | we now have coverage for all people with diabetes across the 4 largest commercial PBMs. This represents reimbursement for more than 7 million people with type 2 diabetes who are not on insulin. | Achieved |
| Full-year adjusted EBITDA margin guidance | approximately 30% to 31% | Dec 2025 | adjusted EBITDA margin guidance to a range of 31.5% to 32% | Revised Up |
Claimed
Qualified
The full ledger
A free account opens 5 company ledgers a month. All 16 tracked commitments, with each call’s wording and source.
Call summaries
Dexcom Q2 FY26 — Strong Revenue Growth and Strategic Advancements
Read the full callDexCom Q1 FY26 — Strong Global Growth and G7 15 Day Momentum
Read the full callEvery analysed call
Financials
Net profit, year on year: +39% (quarter to jun 2026 against jun 2025).
| Line item | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 994 | 1,114 | 1,036 | 1,157 | 1,209 | 1,260 | 1,192 | 1,308 |
| Operating profit | 152 | 189 | 134 | 213 | 243 | 323 | 255 | 318 |
| Operating margin | 15.3% | 17.0% | 12.9% | 18.4% | 20.1% | 25.6% | 21.4% | 24.3% |
| Interest | 5 | 5 | 5 | 5 | 5 | 4 | 3 | 3 |
| Profit before tax | 177 | 211 | 154 | 241 | 352 | 341 | 270 | 318 |
| Tax rate | 24.1% | 28.2% | 31.7% | 25.4% | 19.4% | 21.5% | 26.0% | 21.5% |
| Net profit | 135 | 152 | 105 | 180 | 284 | 267 | 200 | 249 |
| EPS ($ per share) | 0.34 | — | 0.27 | 0.46 | 0.73 | — | 0.52 | 0.65 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Reserves | -799 | -696 | -78 | 139 | 480 | 1,021 | 1,598 | 2,434 |
| Total liabilities | 1,253 | 1,512 | 2,464 | 2,891 | 3,260 | 4,196 | 4,382 | 3,594 |
| Fixed assets | 183 | 321 | 515 | 802 | 1,056 | 1,113 | 1,340 | 1,560 |
| Total assets | 1,916 | 2,395 | 4,291 | 4,933 | 5,392 | 6,265 | 6,485 | 6,340 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | 123 | 315 | 476 | 443 | 670 | 749 | 990 | 1,441 |
| Cash from investing | -140 | -1,015 | -1,018 | -216 | -521 | -507 | -207 | 536 |
| Cash from financing | 710 | 11 | 912 | 10 | -552 | -319 | -735 | -1,686 |
| Net cash flow | 696 | -691 | 372 | 235 | -410 | -76 | 40 | 312 |
| Capital expenditure | -67 | -180 | -199 | -389 | -365 | -237 | -359 | -363 |
| Free cash flow | 56 | 135 | 277 | 53 | 305 | 512 | 631 | 1,077 |
84 filings between Oct 24, 2025 and Sep 28, 2026.
Purchases
$1.00M
2 purchases by 1 insider
Sales
$12.62M
30 sales by 9 insiders
100% filed under a 10b5-1 plan — scheduled in advance, not decided on the day
Also filed: 9 gifts.
| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| SAYER KEVIN R | — | $8.30M | Aug 20, 2026 |
| Leach Jacob Steven | $1.00M | — | Nov 10, 2025 |
| Brown Michael Jon | — | $873.4K | Sep 15, 2026 |
| Coleman Jon | — | $722.6K | Jun 4, 2026 |
| AUGUSTINOS NICHOLAS | — | $679.8K | Sep 15, 2026 |
| FOLETTA MARK G | — | $627.2K | Aug 3, 2026 |
| Stern Sadie | — | $447.6K | Sep 28, 2026 |
| Collins Richard Alexander | — | $389.4K | Nov 14, 2025 |
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Sep 28, 2026 | Stern Sadie EVP Chief People & Culture Off | Sale 10b5-1 plan | 2,565 | $221.0K |
| Sep 15, 2026 | Brown Michael Jon EVP Chief Legal Compliance Off | Sale 10b5-1 plan | 1,700 | $142.9K |
| Sep 15, 2026 | AUGUSTINOS NICHOLAS Director | Sale 10b5-1 plan | 6,539 | $549.5K |
| Sep 14, 2026 | AUGUSTINOS NICHOLAS Director | Sale 10b5-1 plan | 1,550 | $130.2K |
| Sep 10, 2026 | Sylvain Jereme M EVP, Chief Financal Officer | Sale 10b5-1 plan | 3,638 | $302.9K |
| Sep 10, 2026 | Boehnlein Glenn S Director | Award | 5,841 | $0 |
| Aug 27, 2026 | Stern Sadie EVP Chief People & Culture Off | Sale 10b5-1 plan | 2,565 | $226.7K |
| Aug 22, 2026 | Sylvain Jereme M EVP, Chief Financal Officer | Tax withheld | 1,451 | $134.0K |
| Aug 22, 2026 | Brown Michael Jon EVP Chief Legal Compliance Off | Tax withheld | 1,451 | $134.0K |
| Aug 22, 2026 | Stern Sadie EVP Chief People & Culture Off | Tax withheld | 1,451 | $134.0K |
| Aug 22, 2026 | Leach Jacob Steven President, CEO, and Director | Tax withheld | 1,451 | $134.0K |
| Aug 20, 2026 | SAYER KEVIN R Executive Chair | Sale 10b5-1 plan | 97 | $8.9K |
| Aug 20, 2026 | SAYER KEVIN R Executive Chair | Sale 10b5-1 plan | 7,351 | $667.3K |
| Aug 20, 2026 | SAYER KEVIN R Executive Chair | Sale 10b5-1 plan | 19,308 | $1.73M |
| Aug 14, 2026 | Brown Michael Jon EVP Chief Legal Compliance Off | Sale 10b5-1 plan | 1,700 | $156.3K |
| Aug 12, 2026 | Heller Bridgette P Director | Sale 10b5-1 plan | 1,012 | $89.3K |
| Aug 12, 2026 | AUGUSTINOS NICHOLAS Director | Gift | 1,075 | $0 |
| Aug 3, 2026 | FOLETTA MARK G Director | Sale 10b5-1 plan | 2,000 | $170.6K |
| Jul 31, 2026 | FOLETTA MARK G Director | Sale 10b5-1 plan | 2,000 | $160.0K |
| Jul 20, 2026 | SAYER KEVIN R Executive Chair | Sale 10b5-1 plan | 26,756 | $2.04M |
| Jul 15, 2026 | Brown Michael Jon EVP Chief Legal Compliance Off | Sale 10b5-1 plan | 1,700 | $126.5K |
| Jul 6, 2026 | SAYER KEVIN R Executive Chair | Sale 10b5-1 plan | 26,756 | $1.93M |
| Jun 15, 2026 | FOLETTA MARK G Director | Sale 10b5-1 plan | 3,801 | $281.7K |
| Jun 15, 2026 | Brown Michael Jon EVP Chief Legal Compliance Off | Sale 10b5-1 plan | 1,700 | $128.4K |
| Jun 15, 2026 | FOLETTA MARK G Director | Sale 10b5-1 plan | 199 | $14.9K |
| Jun 4, 2026 | Coleman Jon EVP, Chief Commercial Officer | Sale 10b5-1 plan | 4,911 | $364.1K |
| Jun 3, 2026 | Coleman Jon EVP, Chief Commercial Officer | Sale 10b5-1 plan | 4,912 | $358.6K |
| May 28, 2026 | Malady Kyle Director | Award | 5,575 | $0 |
| May 28, 2026 | FOLETTA MARK G Director | Award | 6,331 | $0 |
| May 28, 2026 | AUGUSTINOS NICHOLAS Director | Award | 5,575 | $0 |
| May 28, 2026 | Ashley Euan A. Director | Award | 5,565 | $0 |
| May 28, 2026 | Heller Bridgette P Director | Award | 5,575 | $0 |
| May 28, 2026 | Osterloh Albert Frederick IV Director | Award | 1,630 | $0 |
| May 28, 2026 | ALTMAN STEVEN R Director | Award | 5,565 | $0 |
| May 28, 2026 | Driscoll Rimma Director | Award | 5,605 | $0 |
| May 28, 2026 | Collins Richard Alexander Director | Award | 5,605 | $0 |
| May 28, 2026 | GALA RENEE D Director | Award | 5,605 | $0 |
| May 22, 2026 | Stern Sadie EVP Chief People & Culture Off | Tax withheld | 1,451 | $104.3K |
| May 22, 2026 | Coleman Jon EVP, Chief Commercial Officer | Tax withheld | 7,362 | $529.3K |
| May 22, 2026 | Sylvain Jereme M EVP, Chief Financal Officer | Tax withheld | 1,451 | $104.3K |
| May 22, 2026 | Leach Jacob Steven President, CEO, and Director | Tax withheld | 1,451 | $104.3K |
| May 22, 2026 | Brown Michael Jon EVP Chief Legal Compliance Off | Tax withheld | 1,451 | $104.3K |
| May 21, 2026 | SAYER KEVIN R Executive Chair | Sale 10b5-1 plan | 26,759 | $1.93M |
| May 15, 2026 | Brown Michael Jon EVP, Chief Legal Officer | Sale 10b5-1 plan | 1,700 | $101.8K |
| May 12, 2026 | Heller Bridgette P Director | Sale 10b5-1 plan | 1,012 | $60.7K |
| May 8, 2026 | AUGUSTINOS NICHOLAS Director | Gift | 5,046 | $0 |
| May 8, 2026 | Collins Richard Alexander Director | Gift | 5,074 | $0 |
| May 8, 2026 | AUGUSTINOS NICHOLAS Director | Gift | 5,046 | $0 |
| May 8, 2026 | FOLETTA MARK G Director | Gift | 5,731 | $0 |
| May 8, 2026 | Collins Richard Alexander Director | Gift | 5,074 | $0 |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
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