Dexcom (DXCM) Net Margin (2010 - 2026)
Dexcom (DXCM) reported Net Margin of 16.74% for Q1 2026, up 656.0% year-over-year from 2.21% in Q1 2025, and down 21.13% quarter-over-quarter from 21.22% in Q4 2025.
Dexcom (DXCM) Net Margin (2010 - 2026) Analysis & Trends
Dexcom (DXCM) has 17 years of Net Margin data on file, last reported at 16.74% in Q1 2026.
- Net Margin for Q1 2026 came in at 16.74%, up 656.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 19.31% (up 641.0% YoY), and the FY2025 annual result was 17.94%, up 365.0% from the prior year.
- Net Margin eased to 16.74% in Q1 2026 per DXCM's latest filing, from 21.22% in the prior quarter.
- Over five years, Net Margin peaked at 24.78% in Q4 2023 and troughed at 6.55% in Q1 2023.
- A 5-year average of 14.63% and a median of 13.62% in 2024 frame the typical range for Net Margin.
- The sharpest annual moves came in 2023 and 2024: Net Margin surged 1351 bps in 2023, then slumped 1115 bps in 2024.
- A 5-year view of Net Margin shows it stood at 11.26% in 2022, then jumped by 120 bps to 24.78% in 2023, then tumbled by 45 bps to 13.62% in 2024, then jumped by 56 bps to 21.22% in 2025, then dropped by 21 bps to 16.74% in 2026.
- Business Quant data shows DXCM's Net Margin at 16.74% in Q1 2026, 21.22% in Q4 2025, and 23.47% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 154.42 Bn | 147.76 Bn | 6.27 Bn | 9.65% |
| 2 | Stryker | 118.12 Bn | 115.25 Bn | 3.81 Bn | 12.38% |
| 3 | Medtronic | 101.72 Bn | 93.55 Bn | 5.76 Bn | 12.75% |
| 4 | Boston Scientific | 67.19 Bn | 65.98 Bn | 3.61 Bn | 25.77% |
| 5 | Edwards Lifesciences | 50.69 Bn | 47.02 Bn | 1.29 Bn | - |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | 0.00% |
| 7 | Dexcom | 28.09 Bn | 26.97 Bn | 750.30 Mn | 16.74% |
| 8 | GE HealthCare Technologies | 28.08 Bn | 26.02 Bn | 1.98 Bn | 8.01% |
| 9 | Steris | 19.80 Bn | 19.37 Bn | 697.10 Mn | - |
| 10 | Zimmer Biomet Holdings | 17.18 Bn | 16.77 Bn | 1.51 Bn | 11.42% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 16.74% |
| Dec 31, 2025 | 21.22% |
| Sep 30, 2025 | 23.47% |
| Jun 30, 2025 | 15.54% |
| Mar 31, 2025 | 10.17% |
| Dec 31, 2024 | 13.62% |
| Sep 30, 2024 | 13.54% |
| Jun 30, 2024 | 14.29% |
| Mar 31, 2024 | 15.90% |
| Dec 31, 2023 | 24.78% |
| Sep 30, 2023 | 12.38% |
| Jun 30, 2023 | 13.30% |
| Mar 31, 2023 | 6.55% |
| Dec 31, 2022 | 11.26% |
| Sep 30, 2022 | 13.15% |
| Jun 30, 2022 | 7.31% |
| Mar 31, 2022 | 15.47% |
| Dec 31, 2021 | -0.76% |
| Sep 30, 2021 | 13.43% |
| Jun 30, 2021 | 13.17% |