Stock Analysis on Net

DexCom Inc. (NASDAQ:DXCM)

This company has been moved to the archive! The financial data has not been updated since October 26, 2023.

Common-Size Income Statement

DexCom Inc., common-size consolidated income statement

Microsoft Excel
12 months ended: Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Revenue 100.00 100.00 100.00 100.00 100.00
Cost of sales -35.28 -31.37 -33.56 -36.89 -35.64
Gross profit 64.72% 68.63% 66.44% 63.11% 64.36%
Research and development -16.64 -21.12 -18.68 -18.53 -19.36
Collaborative research and development fee 0.00 -3.56 0.00 0.00 -21.10
Amortization of intangible assets -0.26 -0.15 -0.13 0.00 0.00
Selling, general and administrative -34.37 -32.95 -32.09 -34.94 -41.95
Operating expenses -51.27% -57.78% -50.90% -53.47% -82.42%
Operating income (loss) 13.44% 10.86% 15.54% 9.64% -18.06%
Interest expense -0.64 -4.10 -4.40 -4.09 -2.20
Loss on extinguishment of debt 0.00 -0.06 -0.31 0.00 0.00
Income (loss) from equity investments 0.01 0.47 0.00 -0.28 7.76
Interest and other income (expense), net 0.62 -0.07 0.84 1.79 0.23
Income (loss) before income taxes 13.43% 7.10% 11.68% 7.06% -12.26%
Income tax (expense) benefit -1.70 -0.78 13.94 -0.21 -0.06
Net income (loss) 11.73% 6.32% 25.62% 6.85% -12.32%

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).

Income statement item Description The company
Operating income (loss) The net result for the period of deducting operating expenses from operating revenues. DexCom Inc. operating income (loss) as a percentage of revenue decreased from 2020 to 2021 but then increased from 2021 to 2022 not reaching 2020 level.
Income (loss) before income taxes Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. DexCom Inc. income (loss) before income taxes as a percentage of revenue decreased from 2020 to 2021 but then increased from 2021 to 2022 exceeding 2020 level.
Net income (loss) The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. DexCom Inc. net income (loss) as a percentage of revenue decreased from 2020 to 2021 but then slightly increased from 2021 to 2022.