• DexCom average operating margin for 2023 was 14.63%, a 39.2% increase from 2022.
• DexCom average operating margin for 2022 was 10.51%, a 27.62% increase from 2021.
• DexCom average operating margin for 2021 was 14.52%, a 1.63% decline from 2020.

Operating margin can be defined as operating margin measurement of what proportion of a company's revenue is left over after paying for variable costs of production such as wages, raw materials, etc.