DexCom, Inc. (DXCM) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Cash from Operations | 525.6M | 294M | 659.9M | 303M | 183.8M | 301.4M | 199.5M | 279.4M | 209.2M | 133.6M | 269.2M | 190.3M | 155.4M | 132.5M | 293.2M | 172.8M | 71M | 105.8M | 247.3M | 61.6M |
| Operating CF Margin % | 44.1% | 23.34% | 54.57% | 26.19% | 17.74% | 27.07% | 20.07% | 27.82% | 22.71% | 12.91% | 27.61% | 21.84% | 20.96% | 16.25% | 38.1% | 24.82% | 11.29% | 15.15% | 38.03% | 10.35% |
| Operating CF Growth % | 185.96% | -2.46% | 230.78% | 8.45% | -12.14% | 125.6% | -25.89% | 46.82% | 34.62% | 0.83% | -8.19% | 10.13% | 118.87% | 25.24% | 18.56% | 180.52% | 155.4% | -38.49% | 67.55% | -60.03% |
| Net Income | 199.5M | 267.3M | 283.8M | 179.8M | 105.4M | 151.7M | 134.6M | 143.5M | 146.4M | 256.3M | 120.7M | 115.9M | 48.6M | 91.8M | 101.2M | 50.9M | 97.3M | -19.4M | 70.9M | 62.9M |
| Depreciation & Amortization | 67.1M | 65.2M | 63.6M | 63M | 60M | 57.8M | 55.3M | 52.1M | 52.5M | 52.5M | 48.2M | 43.7M | 41.6M | 36.3M | 39.2M | 43.6M | 36.8M | 32.1M | 25.5M | 23.5M |
| Stock-Based Compensation | 43.3M | 35M | 45.1M | 45.3M | 34.2M | 43.3M | 43.4M | 44.7M | 39M | 36.9M | 39M | 39.7M | 35.2M | 34M | 30.8M | 32.6M | 29.1M | 26.3M | 27.5M | 31.6M |
| Deferred Taxes | 300K | 78.9M | 118M | -8.9M | -5.8M | 24.3M | -11.6M | -14.7M | -41.8M | 81.5M | -85M | -42.2M | -9.3M | 32M | -33.8M | -19.9M | 100K | -5.1M | 100K | 400K |
| Other Non-Cash Items | 67.9M | -1.4M | -82.2M | 1.4M | -10.4M | 17.9M | -38M | -13.8M | -5.9M | -35.5M | -16.7M | -13.6M | -12.2M | 3.4M | 17.4M | 13.8M | 5.2M | 112.2M | 36.7M | 30.6M |
| Working Capital Changes | 147.5M | -151M | 231.6M | 22.4M | 400K | 6.4M | 15.8M | 67.6M | 19M | -258.1M | 163M | 46.8M | 51.5M | -65M | 138.4M | 51.8M | -97.5M | -40.3M | 86.6M | -87.4M |
| Change in Receivables | -124.6M | -106.2M | 237.8M | -184.6M | -148.9M | -7.4M | -55.6M | 33.8M | -5.8M | -187.2M | -35.8M | -113.7M | 76.6M | -148.3M | -4.5M | -17M | -30.1M | 15.1M | -35.7M | -40M |
| Change in Inventory | 65.2M | -17.8M | -33.6M | -18.5M | 6.2M | 32.7M | -1.9M | 18.3M | -36.7M | -59M | -78.6M | -55.4M | -59.6M | 5.7M | 26.9M | 1.1M | 15.6M | -6M | -21.7M | -29.5M |
| Change in Payables | 145.1M | -10.1M | -2.3M | 234M | 125.4M | -20M | 49.8M | 72.3M | 109.6M | -30M | 219.5M | 190.3M | 86.7M | 123.8M | 75.3M | 42.5M | 53.5M | -57.3M | 115.3M | -30M |
| Cash from Investing | -298.5M | 306.6M | 192.8M | -63.6M | 100.2M | -303.7M | 210.3M | -188.9M | 74.8M | 414.9M | -179.5M | -555.9M | -186.7M | -194.1M | 229.3M | -144.9M | -411.8M | -496.1M | 29M | 363.2M |
| Capital Expenditures | -76.6M | -101.9M | -80.5M | -94.1M | -87M | -124.6M | -111.2M | -66.1M | -56.9M | -52.5M | -50.4M | -59M | -74.7M | -63.5M | -108.2M | -91.5M | -101.6M | -80.2M | -108.1M | -101.2M |
| CapEx % of Revenue | 6.43% | 8.09% | 6.66% | 8.13% | 8.4% | 11.19% | 11.18% | 6.58% | 6.18% | 5.07% | 5.17% | 6.77% | 10.07% | 7.79% | 14.06% | 13.14% | 16.16% | 11.49% | 16.63% | 17.01% |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -700K | 53.4M | -3.2M | 1.4M | -31.6M | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -1.5M | 100K | 1M | 0 | -500K | -10.2M | -2.2M | -5.4M | 2.3M | 900K | -2.5M | -16M | 0 | -2M | -10M | -53.4M | -2.3M | 14.6M | 0 | -4M |
| Cash from Financing | -25M | -1.52B | -175M | -1.7M | 12.5M | -1.6M | -736.5M | -1.4M | 4.7M | -631.9M | -637.4M | 939.5M | 11.2M | -1M | -552.5M | -4.3M | 5.3M | -800K | 10.8M | -400K |
| Debt Issued (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -35.5M | -650.5M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Equity Issued (Net) | -23.1M | -312.8M | -173.3M | 0 | 14.2M | 0 | -735.2M | 0 | 13.4M | -500M | 14.3M | -188.7M | 12.3M | 0 | -545.3M | 0 | 10.1M | 0 | 11.6M | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | -35.8M | -312.8M | -187.2M | 0 | 0 | 0 | -750M | 0 | 0 | -500M | 0 | -188.7M | 0 | 0 | -557.7M | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -1.9M | -1.21B | -1.7M | -1.7M | -1.7M | -1.6M | -1.3M | -1.4M | -8.7M | -96.4M | -1.2M | 1.13B | -1.1M | -1M | -7.2M | -4.3M | -4.8M | -800K | -800K | -400K |
| Net Change in Cash | 199.3M | -917.8M | 676.6M | 254.2M | 298.8M | -15.1M | -316.8M | 88M | 284.9M | -77.3M | -551.2M | 571.7M | -19M | -55.8M | -37.3M | 19.3M | -336.5M | -391.6M | 286.1M | 424.9M |
| Free Cash Flow | 449M | 192.1M | 579.4M | 208.9M | 96.8M | 176.8M | 88.3M | 213.3M | 152.3M | 81.1M | 218.8M | 131.3M | 80.7M | 69M | 185M | 81.3M | -30.6M | 25.6M | 139.2M | -39.6M |
| FCF Margin % | 37.67% | 15.25% | 47.91% | 18.05% | 9.34% | 15.88% | 8.88% | 21.24% | 16.54% | 7.84% | 22.44% | 15.07% | 10.88% | 8.46% | 24.04% | 11.68% | -4.87% | 3.67% | 21.41% | -6.65% |
| FCF Growth % | 363.84% | 8.65% | 556.17% | -2.06% | -36.44% | 118% | -59.64% | 62.45% | 88.72% | 17.54% | 18.27% | 61.5% | 363.73% | 169.53% | 32.9% | 305.3% | 57.44% | -77.1% | 38.92% | -141.29% |
| FCF per Share | 1.14 | 0.48 | 1.42 | 0.51 | 0.24 | 0.43 | 0.22 | 0.51 | 0.37 | 0.19 | 0.51 | 0.30 | 0.19 | 0.16 | 0.43 | 0.19 | -0.07 | 0.07 | 0.32 | -0.09 |
| FCF Conversion (FCF/Net Income) | 2.63x | 1.10x | 2.33x | 1.69x | 1.74x | 1.99x | 1.48x | 1.95x | 1.43x | 0.52x | 2.23x | 1.64x | 3.20x | 1.44x | 2.90x | 3.39x | 0.73x | -5.45x | 3.49x | 0.98x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |