Dexcom (DXCM) Net Margin (2010 - 2026)

Dexcom's (DXCM) quarterly Net Margin came in at 16.74% in Q1 2026, up 656.0% year-on-year from 2.21% in Q1 2025, and down 21.13% on a QoQ basis 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.

  • On a quarterly basis, Net Margin rose 656.0% year-over-year to 16.74% in Q1 2026; TTM through Mar 2026 was 19.31%, a 641.0% increase from a year earlier, with the FY2025 full-year figure at 17.94%, up 365.0% from the prior year.
  • Net Margin for Q1 2026 stood at 16.74%, down from 21.22% in the prior quarter.
  • Over the last five years, Net Margin for DXCM reached as high as 24.78% in Q4 2023 and fell as low as 6.55% in Q1 2023.
  • Historically, Net Margin has averaged 14.63% across 5 years, with a median of 13.62% in 2024.
  • Across the five-year window, Net Margin soared 1351 bps in 2023 and plunged 1115 bps in 2024, its largest moves.
  • Year by year, Net Margin stood at 11.26% in 2022, then surged by 120 bps to 24.78% in 2023, then plunged by 45 bps to 13.62% in 2024, then jumped by 56 bps to 21.22% in 2025, then retreated by 21 bps to 16.74% in 2026.
  • Per Business Quant data, the three most recent Net Margin figures were 16.74% in Q1 2026, 21.22% in Q4 2025, and 23.47% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Abbott Laboratories 183.17 Bn 175.87 Bn 6.27 Bn 9.65%
2 Stryker 129.06 Bn 126.18 Bn 3.81 Bn 12.38%
3 Medtronic 108.35 Bn 99.13 Bn 6.41 Bn 12.84%
4 Boston Scientific 68.56 Bn 67.10 Bn 3.61 Bn 25.77%
5 Edwards Lifesciences 48.33 Bn 44.66 Bn 1.29 Bn -
6 Dexcom 28.38 Bn 27.26 Bn 750.30 Mn 16.74%
7 GE HealthCare Technologies 28.08 Bn 25.80 Bn 1.98 Bn 8.01%
8 Smith & Nephew 26.93 Bn 26.36 Bn - -
9 Koninklijke Philips 24.06 Bn 20.93 Bn 2.07 Bn 3.87%
10 Steris 21.46 Bn 21.02 Bn 697.10 Mn -

Historic Data

Download Data
DateValue
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%