DexCom Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	836.3	576.2	541.5	341.2	216.9
Depreciation & Amortization	251.8	217.7	186	155.9	102
Stock-Based Compensation	159.6	170.4	150.8	126.5	113.4
Other Adjustments	89.6	-83.6	-133	19.2	142.2
Change in Receivables	-201.9	-35	-260.1	-199.9	-75.5
Changes in Inventories	-63.7	12.4	-252.6	49.3	-112.2
Changes in Accounts Payable	347	211.7	466.5	295.1	58
Changes in Accrued Expenses	55.4	-60	37.2	8.5	10.4
Changes in Unearned Revenue	-11.5	-8	-2.6	11.1	8.7
Changes in Other Operating Activities	-21.9	-12.3	14.8	-137.4	-21.4
Operating Cash Flow	1,441	989.5	748.5	669.5	442.5
Operating Cash Flow Growth	45.60%	32.20%	11.80%	51.30%	-6.96%
Capital Expenditures	-363.5	-358.8	-236.6	-364.8	-389.2
Purchases of Investments	-1,266	-2,658	-3,220	-2,281	-2,473
Proceeds from Sale of Investments	2,165	2,824	2,947	2,128	2,666
Payments for Business Acquisitions	-	-	-	-3.9	-30.2
Other Investing Activities	0.6	-15.5	1.9	0.2	10.1
Investing Cash Flow	536	-207.5	-507.2	-521.5	-216.1
Long-Term Debt Issued	-	-	1,231	-	-
Long-Term Debt Repaid	-1,208	-	-787.3	-	-
Net Long-Term Debt Issued (Repaid)	-1,208	-	443.3	-	-
Issuance of Common Stock	28.1	28.2	26.6	22.5	20.3
Repurchase of Common Stock	-500	-750	-688.7	-557.7	-
Net Common Stock Issued (Repurchased)	-471.9	-721.8	-662.1	-535.2	20.3
Other Financing Activities	-7	-13	-99.8	-17.3	-9.9
Financing Cash Flow	-1,686	-734.8	-318.6	-552.5	10.4
Effect of Exchange Rate Changes on Cash and Cash Equivalents	21.5	-7.4	1.5	-5.8	-1.4
Net Cash Flow	311.8	39.8	-75.8	-410.3	235.4
Free Cash Flow	1,077	630.7	511.9	304.7	53.3
Free Cash Flow Growth	70.79%	23.21%	68.00%	471.67%	-80.73%
FCF Margin	23.11%	15.64%	14.13%	10.47%	2.18%
Free Cash Flow Per Share	2.66	1.53	1.20	0.71	0.12
Levered Free Cash Flow	-177.6	578.9	1,198	358.9	-126.8
Unlevered Free Cash Flow	894.2	490.32	668.29	359.25	-119.2

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.