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 | 201.40 Bn | 194.75 Bn | 6.27 Bn | 9.65% |
| 2 | Stryker | 122.29 Bn | 119.41 Bn | 3.81 Bn | 12.38% |
| 3 | Medtronic | 105.01 Bn | 96.40 Bn | 6.41 Bn | 12.84% |
| 4 | Boston Scientific | 64.81 Bn | 63.59 Bn | 3.61 Bn | 25.77% |
| 5 | Edwards Lifesciences | 55.28 Bn | 51.60 Bn | 1.29 Bn | - |
| 6 | Dexcom | 29.06 Bn | 27.94 Bn | 750.30 Mn | 16.74% |
| 7 | Koninklijke Philips | 29.02 Bn | 25.93 Bn | 2.07 Bn | 3.87% |
| 8 | GE HealthCare Technologies | 28.27 Bn | 26.20 Bn | 1.98 Bn | 8.01% |
| 9 | Smith & Nephew | 25.80 Bn | 25.22 Bn | - | - |
| 10 | Steris | 20.59 Bn | 20.16 Bn | 697.10 Mn | - |
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% |