Similar companies
Income Statement (USD)
Q2 '24 | QoQ | |
---|---|---|
Revenue | 1B | 9.6% |
Gross Profit | 627M | 11.5% |
Cost of Revenue | 710M | 4.7% |
Operating expense | 469M | 1.7% |
Net Income | 144M | 2% |
Balance Sheet (USD)
Q2 '24 | QoQ | |
---|---|---|
Total Assets | 6.8B | 4.9% |
Total Liabilities | 4.36B | 3.1% |
Total Equity | 2.43B | 8.3% |
Shares Outstanding | 401M | 1.2% |
Cash Flow (USD)
Q2 '24 | QoQ | |
---|---|---|
Cash from operations | 279M | 33.6% |
Cash from investing | -189M | 352.5% |
Cash from financing | -1.4M | 129.8% |
EPS
Financial Highlights for Dexcom in Q2 '24
Dexcom reported a revenue of 1B, which is a 9.6% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 627M, marking a 11.5% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 710M, a 4.7% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 469M, showing a 1.7% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 144M, showing a -2% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
Dexcom faced some challenges this quarter with a decline in one or more of the key metrics: revenue, gross profit, or net income. Higher operating expenses might indicate increased investments or potential inefficiencies. A decline in EBITDA signals potential operational challenges or increased costs.