Dexcom (DXCM) Net Margin (2010 - 2026)
Dexcom's (DXCM) quarterly Net Margin came in at 19.04% in Q2 2026, up 350.0% year-over-year from 4.23% in Q2 2025, and up 13.74% quarter-over-quarter from 16.74% in Q1 2026.
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Dexcom (DXCM) Net Margin (2010 - 2026) Analysis & Trends
Dexcom (DXCM) has reported Net Margin for 17 consecutive years, with 19.04% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Net Margin rose 350.0% year-over-year to 19.04% in Q2 2026; TTM through Jun 2026 was 20.12%, a 683.0% increase from a year earlier, with the FY2025 full-year figure at 17.94%, up 365.0% from the prior year.
- Net Margin was 19.04% for Q2 2026 at Dexcom, up from 16.74% 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 14.87% and a median of 13.96% in 2024 frame the typical range for Net Margin.
- Across the five-year window, Net Margin jumped 1351 bps in 2023 and tumbled 1115 bps in 2024, its largest moves.
- Over 5 years, Net Margin stood at 11.26% in 2022, then soared by 120 bps to 24.78% in 2023, then plunged by 45 bps to 13.62% in 2024, then soared by 56 bps to 21.22% in 2025, then decreased by 10 bps to 19.04% in 2026.
- The last three Net Margin figures came in at 19.04% (Q2 2026), 16.74% (Q1 2026), and 21.22% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 184.79 Bn | 179.19 Bn | 7.27 Bn | 7.37% |
| 2 | Intuitive Surgical | 124.38 Bn | 119.16 Bn | 1.96 Bn | 28.46% |
| 3 | Medtronic | 118.45 Bn | 109.63 Bn | 6.34 Bn | 15.17% |
| 4 | Stryker | 105.32 Bn | 101.84 Bn | 4.50 Bn | 19.37% |
| 5 | Boston Scientific | 66.71 Bn | 66.17 Bn | 3.85 Bn | 16.67% |
| 6 | Edwards Lifesciences | 49.81 Bn | 45.56 Bn | 1.35 Bn | 13.87% |
| 7 | Alcon | 34.03 Bn | 32.58 Bn | 1.68 Bn | - |
| 8 | Dexcom | 32.35 Bn | 30.40 Bn | 830.00 Mn | 19.04% |
| 9 | Steris | 21.17 Bn | 20.68 Bn | 684.20 Mn | 13.47% |
| 10 | Zimmer Biomet Holdings | 18.27 Bn | 17.86 Bn | 1.54 Bn | 9.17% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 19.04% |
| 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% |