Dexcom advertising spend, FY2025

Dexcom (DXCM) reported $224M of advertising expense for the fiscal year ended Dec 31, 2025. That is 4.8% of revenue of $4.7B. Up 15.2% from FY2024.

Ad spend, FY2025
$224M
year ended Dec 31, 2025
Change vs prior year
+15.2%
vs FY2024
Share of revenue
4.8%
of $4.7B revenue
Rank by ad spend
#215
of 336 companies

Key facts

  • FY2025 is the highest year on file, going back to FY2015.
  • Largest increase +197.5% in FY2016.
  • Ad spend has risen 10 years in a row.
  • Ad spend is 4.8% of revenue, up from 4.0% in FY2020.
  • Dexcom spends more on advertising than 36% of the 336 US-listed companies tracked. Its ad-to-revenue ratio is close to the median of 5.2%.

Ad spend by fiscal year

$0 $100M $200M $300M FY2015 (ended 2015-12-31): $4M 2015 FY2016 (ended 2016-12-31): $11.9M FY2017 (ended 2017-12-31): $21.9M 2017 FY2018 (ended 2018-12-31): $24M FY2019 (ended 2019-12-31): $33.1M 2019 FY2020 (ended 2020-12-31): $76.5M FY2021 (ended 2021-12-31): $150M 2021 FY2022 (ended 2022-12-31): $161M FY2023 (ended 2023-12-31): $181M 2023 FY2024 (ended 2024-12-31): $194M FY2025 (ended 2025-12-31): $224M 2025 $224M

Ad spend as % of revenue

0% 2% 4% 6% 8% FY2015 (ended 2015-12-31): 1.0% 2015 FY2016 (ended 2016-12-31): 2.1% FY2017 (ended 2017-12-31): 3.0% 2017 FY2018 (ended 2018-12-31): 2.3% FY2019 (ended 2019-12-31): 2.2% 2019 FY2020 (ended 2020-12-31): 4.0% FY2021 (ended 2021-12-31): 6.1% 2021 FY2022 (ended 2022-12-31): 5.5% FY2023 (ended 2023-12-31): 5.0% 2023 FY2024 (ended 2024-12-31): 4.8% FY2025 (ended 2025-12-31): 4.8% 2025 4.8%

History

Download CSV
Fiscal year Period end Ad spend YoY Revenue Ad / revenue Tag Filing
FY2025 Dec 31, 2025 $224M +15.2% $4.7B 4.8% AdvertisingExpense 10-K Feb 12, 2026
FY2024 Dec 31, 2024 $194M +7.4% $4B 4.8% AdvertisingExpense 10-K Feb 12, 2026
FY2023 Dec 31, 2023 $181M +12.6% $3.6B 5.0% AdvertisingExpense 10-K Feb 12, 2026
FY2022 Dec 31, 2022 $161M +7.0% $2.9B 5.5% AdvertisingExpense 10-K Feb 18, 2025
FY2021 Dec 31, 2021 $150M +96.2% $2.4B 6.1% AdvertisingExpense 10-K Feb 8, 2024
FY2020 Dec 31, 2020 $76.5M +131.1% $1.9B 4.0% AdvertisingExpense 10-K Feb 9, 2023
FY2019 Dec 31, 2019 $33.1M +37.9% $1.5B 2.2% AdvertisingExpense 10-K Feb 14, 2022
FY2018 Dec 31, 2018 $24M +9.6% $1B 2.3% AdvertisingExpense 10-K Feb 11, 2021
FY2017 Dec 31, 2017 $21.9M +84.0% $719M 3.0% AdvertisingExpense 10-K Feb 13, 2020
FY2016 Dec 31, 2016 $11.9M +197.5% $573M 2.1% AdvertisingExpense 10-K Feb 21, 2019
FY2015 Dec 31, 2015 $4M n/a $402M 1.0% AdvertisingExpense 10-K Feb 27, 2018

What the figure is

Advertising costs as disclosed in the annual report (XBRL tag AdvertisingExpense).

Compared with similar spenders

The 6 companies closest to Dexcom in latest-year ad spend.

Rank Company Ad spend Ad / revenue YoY Fiscal year
211 Garmin $229M 3.2% +19.3% FY2025
212 Neurocrine Biosciences $227M 7.9% +18.7% FY2025
213 McCormick $225M 3.3% +2.9% FY2025
214 Peloton Interactive $224M 9.2% -9.2% FY2026
215 Dexcom $224M 4.8% +15.2% FY2025
216 CDW $223M 1.0% +2.3% FY2025
217 Columbia Sportswear $220M 6.5% +10.8% FY2025

Full ranking of 336 companies · Biggest increases #91 · Up 5+ years in a row #6

Questions

How much does Dexcom spend on advertising?

Dexcom spent $224M on advertising in fiscal 2025, the year ended Dec 31, 2025, according to its 10-K filed Feb 12, 2026.

What percentage of revenue does Dexcom spend on advertising?

4.8% of revenue in fiscal 2025 ($224M of $4.7B). The median across the 336 companies tracked is 5.2%.

Is Dexcom spending more on advertising?

Yes. Ad spend rose 15.2% in fiscal 2025 from fiscal 2024. It has risen 10 years in a row.

How does Dexcom rank by advertising spend?

#215 of 336 US-listed companies with $100M or more in ad spend, ranked on each company's latest fiscal year.

What does Dexcom's advertising figure include?

Advertising costs as disclosed in the annual report (XBRL tag AdvertisingExpense).

Source

Filing
10-K for FY2025, filed Feb 12, 2026
Accession number
0001093557-26-000027
Company
DEXCOM INC, CIK 1093557, SIC 3841 (Surgical & Medical Instruments & Apparatus)
Data
SEC EDGAR XBRL company facts, retrieved Nov 4, 2026. Methodology.
Cite
Dexcom advertising spend, FY2015-FY2025. Aleksei Trudov, io.trudov.com, from SEC EDGAR XBRL company facts (latest: 10-K filed Feb 12, 2026), retrieved Nov 4, 2026. https://io.trudov.com/company/dexcom/advertising-spend/
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CSV, all years · CSV, all 336 companies