Growth Metrics

Dexcom (DXCM) Gross Margin (2016 - 2025)

Dexcom (DXCM) has disclosed Gross Margin for 16 consecutive years, with 62.93% as the latest value for Q4 2025.

  • On a quarterly basis, Gross Margin rose 404.0% to 62.93% in Q4 2025 year-over-year; TTM through Dec 2025 was 60.1%, a 36.0% decrease, with the full-year FY2025 number at 60.1%, down 36.0% from a year prior.
  • Gross Margin was 62.93% for Q4 2025 at Dexcom, up from 60.48% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 70.09% in Q2 2021 to a low of 56.85% in Q1 2025.
  • A 5-year average of 63.37% and a median of 63.12% in 2022 define the central range for Gross Margin.
  • Peak YoY movement for Gross Margin: surged 721bps in 2021, then plummeted -552bps in 2022.
  • Dexcom's Gross Margin stood at 67.69% in 2021, then decreased by -2bps to 66.4% in 2022, then fell by -4bps to 63.47% in 2023, then decreased by -7bps to 58.9% in 2024, then grew by 7bps to 62.93% in 2025.
  • Per Business Quant, the three most recent readings for DXCM's Gross Margin are 62.93% (Q4 2025), 60.48% (Q3 2025), and 59.53% (Q2 2025).