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 quarter-over-quarter from 62.93% in Q4 2025.

Dexcom (DXCM) Gross Margin (2010 - 2026) Analysis & Trends

Dexcom (DXCM) has 17 years of Gross Margin data on file, last reported at 62.95% in Q1 2026.

  • Gross Margin for Q1 2026 came in at 62.95%, up 610.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 61.5% (up 207.0% YoY), and the FY2025 annual result was 60.1%, down 36.0% from the prior year.
  • Gross Margin was little changed at 62.95% in Q1 2026 per DXCM's latest filing, from 62.93% in the prior quarter.
  • Over five years, Gross Margin peaked at 66.4% in Q4 2022 and troughed at 56.85% in Q1 2025.
  • A 5-year average of 62.1% and a median of 62.71% in 2023 frame the typical range for Gross Margin.
  • The sharpest annual moves came in 2022 and 2026: Gross Margin sank 552 bps in 2022, then jumped 610 bps in 2026.
  • A 5-year view of Gross Margin shows it stood at 66.4% in 2022, then declined by 4 bps to 63.47% in 2023, then retreated by 7 bps to 58.9% in 2024, then rose by 7 bps to 62.93% in 2025, then climbed by 0 bps to 62.95% in 2026.
  • Business Quant data shows DXCM's Gross Margin at 62.95% in Q1 2026, 62.93% in Q4 2025, and 60.48% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Abbott Laboratories 154.42 Bn 147.76 Bn 6.27 Bn 56.20%
2 Stryker 118.12 Bn 115.25 Bn 3.81 Bn 63.29%
3 Medtronic 101.72 Bn 93.55 Bn 5.76 Bn 63.83%
4 Boston Scientific 67.19 Bn 65.98 Bn 3.61 Bn 69.46%
5 Edwards Lifesciences 50.69 Bn 47.02 Bn 1.29 Bn 78.01%
6 Koninklijke Philips 29.38 Bn 26.07 Bn 2.07 Bn 45.22%
7 Dexcom 28.09 Bn 26.97 Bn 750.30 Mn 62.95%
8 GE HealthCare Technologies 28.08 Bn 26.02 Bn 1.98 Bn 38.53%
9 Steris 19.80 Bn 19.37 Bn 697.10 Mn 43.89%
10 Zimmer Biomet Holdings 17.18 Bn 16.77 Bn 1.51 Bn 72.39%

Historic Data

Download Data
DateValue
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%