Dexcom (DXCM) Net Margin (2010 - 2026)
Dexcom (DXCM) posted Net Margin of 19.04% for Q2 2026, up 3.50 percentage points from 15.54% a year earlier and up 2.30 percentage points from the prior quarter.
Powered by 
Analysis
Dexcom (DXCM) Net Margin (2010 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Net Margin at Dexcom was 20.12%, up 6.83 percentage points year-over-year; for FY2025, it was 17.94%, up 3.65 percentage points from FY2024.
- Annual Net Margin shows a five-year change of -10.59 percentage points (FY2020 to FY2025).
- In prior years, Dexcom's Net Margin was 14.29% in FY2024 (-0.66 pp), 14.95% in FY2023 (+3.22 pp), 11.73% in FY2022 (+2.87 pp) and 8.86% in FY2021 (-19.67 pp).
- Quarterly Net Margin has run from a low of -0.76% in Q4 2021 to a high of 24.78% in Q4 2023 over five years.
- On a year-over-year basis, Net Margin has increased in each of the last five quarters, with an average year-over-year change of +1.64 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Net Margin in the past five years was Q4 2023, with a gain of 13.51 percentage points; the weakest was Q4 2021, with a drop of 73.06 percentage points.
- According to Business Quant data, Net Margin for the three prior quarters was 16.74% (Q1 2026), 21.22% (Q4 2025) and 23.47% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 249.71 Bn | 228.86 Bn | 4.88 Bn | 14.47% |
| 2 | Abbott Laboratories | 171.00 Bn | 142.08 Bn | 7.27 Bn | 7.37% |
| 3 | Danaher | 155.79 Bn | 139.61 Bn | 3.61 Bn | 13.89% |
| 4 | Intuitive Surgical | 143.91 Bn | 123.46 Bn | 1.96 Bn | 28.29% |
| 5 | Medtronic | 110.42 Bn | 76.29 Bn | 6.34 Bn | 15.07% |
| 6 | Stryker | 105.71 Bn | 91.82 Bn | 4.50 Bn | 19.37% |
| 7 | Boston Scientific | 63.26 Bn | 58.27 Bn | 3.85 Bn | 16.67% |
| 8 | Edwards Lifesciences | 49.80 Bn | 33.91 Bn | 1.35 Bn | 13.89% |
| 9 | Becton Dickinson | 48.78 Bn | 45.93 Bn | 2.32 Bn | 7.57% |
| 10 | Dexcom | 32.57 Bn | 22.88 Bn | 830.00 Mn | 19.04% |
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% |
API Access
Dexcom Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=DXCM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "DXCM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=DXCM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();