Dexcom (DXCM) Gross Margin (2010 - 2026)
Dexcom (DXCM) reported Gross Margin of 62.95% for Q1 2026, up 610.0% year-over-year from 8.87% in Q1 2025, and little changed on a QoQ basis from 62.93% in Q4 2025.
Dexcom (DXCM) has 17 years of Gross Margin data on file, last reported at 62.95% in Q1 2026.
- Quarterly Gross Margin rose 610.0% year-over-year to 62.95% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 61.5% (up 207.0% YoY) and the FY2025 annual result came in at 60.1%, down 36.0% from the prior year.
- Gross Margin steadied at 62.95% in Q1 2026 per DXCM's latest filing, from 62.93% in the prior quarter.
- Across five years, Gross Margin topped out at 66.4% in Q4 2022 and bottomed at 56.85% in Q1 2025.
- The 5-year median for Gross Margin is 62.71% (2023), against an average of 62.1%.
- The widest annual swing landed in 2022, when Gross Margin tumbled 552 bps; it then surged 610 bps in 2026.
- Tracing DXCM's Gross Margin over 5 years: stood at 66.4% in 2022, then slipped by 4 bps to 63.47% in 2023, then declined by 7 bps to 58.9% in 2024, then grew by 7 bps to 62.93% in 2025, then gained by 0 bps to 62.95% in 2026.
- Per Business Quant, the three latest DXCM Gross Margin figures stand at 62.95% (Q1 2026), 62.93% (Q4 2025), and 60.48% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 152.82 Bn | 146.17 Bn | 6.27 Bn | 56.20% |
| 2 | Stryker | 115.07 Bn | 112.19 Bn | 3.81 Bn | 63.29% |
| 3 | Medtronic | 95.25 Bn | 87.08 Bn | 5.76 Bn | 63.83% |
| 4 | Boston Scientific | 71.38 Bn | 70.17 Bn | 3.61 Bn | 69.46% |
| 5 | Edwards Lifesciences | 51.08 Bn | 47.41 Bn | 1.29 Bn | 78.01% |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | 45.22% |
| 7 | Dexcom | 28.84 Bn | 27.72 Bn | 750.30 Mn | 62.95% |
| 8 | GE HealthCare Technologies | 28.56 Bn | 26.49 Bn | 1.98 Bn | 38.53% |
| 9 | Steris | 20.71 Bn | 20.30 Bn | 697.10 Mn | 43.89% |
| 10 | Zimmer Biomet Holdings | 16.17 Bn | 15.75 Bn | 1.51 Bn | 72.39% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 62.95% |
| Dec 31, 2025 | 62.93% |
| Sep 30, 2025 | 60.48% |
| Jun 30, 2025 | 59.53% |
| Mar 31, 2025 | 56.85% |
| Dec 31, 2024 | 58.90% |
| Sep 30, 2024 | 59.73% |
| Jun 30, 2024 | 62.40% |
| Mar 31, 2024 | 61.01% |
| Dec 31, 2023 | 63.47% |
| Sep 30, 2023 | 63.93% |
| Jun 30, 2023 | 62.71% |
| Mar 31, 2023 | 62.39% |
| Dec 31, 2022 | 66.40% |
| Sep 30, 2022 | 64.22% |
| Jun 30, 2022 | 64.56% |
| Mar 31, 2022 | 63.31% |
| Dec 31, 2021 | 67.69% |
| Sep 30, 2021 | 68.73% |
| Jun 30, 2021 | 70.09% |
| Mar 31, 2021 | 68.10% |
| Dec 31, 2020 | 70.15% |
| Sep 30, 2020 | 67.96% |
| Jun 30, 2020 | 62.88% |
| Mar 31, 2020 | 63.32% |
| Dec 31, 2019 | 66.83% |
| Sep 30, 2019 | 62.30% |
| Jun 30, 2019 | 61.39% |
| Mar 31, 2019 | 60.18% |
| Dec 31, 2018 | 65.92% |
| Sep 30, 2018 | 63.22% |
| Jun 30, 2018 | 63.34% |
| Mar 31, 2018 | 64.48% |
| Dec 31, 2017 | 69.46% |
| Sep 30, 2017 | 68.80% |
| Jun 30, 2017 | 68.87% |
| Mar 31, 2017 | 66.13% |
| Dec 31, 2016 | 68.17% |
| Sep 30, 2016 | 68.03% |
| Jun 30, 2016 | 62.27% |
| Mar 31, 2016 | 64.63% |
| Dec 31, 2015 | 69.72% |
| Sep 30, 2015 | 71.69% |
| Jun 30, 2015 | 70.82% |
| Mar 31, 2015 | 63.87% |
| Dec 31, 2014 | 68.75% |
| Sep 30, 2014 | 68.41% |
| Jun 30, 2014 | 68.56% |
| Mar 31, 2014 | 63.27% |
| Dec 31, 2013 | 65.96% |
| Sep 30, 2013 | 64.34% |
| Jun 30, 2013 | 61.69% |
| Mar 31, 2013 | 55.74% |
| Dec 31, 2012 | 52.55% |
| Sep 30, 2012 | 36.36% |
| Jun 30, 2012 | 47.66% |
| Mar 31, 2012 | 46.77% |
| Dec 31, 2011 | 47.77% |
| Sep 30, 2011 | 44.81% |
| Jun 30, 2011 | 55.61% |
| Mar 31, 2011 | 35.92% |
| Dec 31, 2010 | 44.70% |
| Sep 30, 2010 | 29.80% |
| Jun 30, 2010 | 38.34% |