Dexcom (DXCM) Tax Rate (2012 - 2026)
Dexcom (DXCM) posted quarterly Tax Rate of 21.54% for Q2 2026, down 388.0% year-over-year from 7.48% in Q2 2025, and down 17.06% quarter-over-quarter from 25.97% in Q1 2026.
Dexcom (DXCM) Tax Rate (2012 - 2026) Analysis & Trends
Dexcom (DXCM) has reported Tax Rate for 13 consecutive years, with 21.54% the latest figure, recorded in Q2 2026.
- In Q2 2026, Tax Rate fell 388.0% year-over-year to 21.54%; the TTM figure through Jun 2026 stood at 21.9% (down 522.0% YoY), while the FY2025 annual figure was 23.16%, up 443.0% from the prior year.
- Tax Rate fell to 21.54% in Q2 2026 per DXCM's latest filing, from 25.97% in the prior quarter.
- Across five years, Tax Rate topped out at 49.79% in Q3 2023 and bottomed at 169.53% in Q1 2022.
- Historically, Tax Rate has averaged 12.97% across 5 years, with a median of 25.04% in 2023.
- Annual changes were most pronounced in 2022 — Tax Rate plunged 15173 bps — and 2023, when it jumped 19418 bps.
- Dexcom's Tax Rate stood at 31.08% in 2022, then slumped by 113 bps to 4.1% in 2023, then jumped by 788 bps to 28.21% in 2024, then declined by 24 bps to 21.54% in 2025, then dropped by 0 bps to 21.54% in 2026.
- Business Quant data shows DXCM's Tax Rate at 21.54% in Q2 2026, 25.97% in Q1 2026, and 21.54% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 199.90 Bn | 194.30 Bn | 7.27 Bn | 39.11% |
| 2 | Stryker | 130.01 Bn | 126.54 Bn | 4.50 Bn | 18.41% |
| 3 | Medtronic | 120.53 Bn | 111.31 Bn | 6.41 Bn | 31.35% |
| 4 | Boston Scientific | 74.77 Bn | 74.24 Bn | 3.85 Bn | 14.62% |
| 5 | Edwards Lifesciences | 52.74 Bn | 48.49 Bn | 1.35 Bn | 53.56% |
| 6 | Dexcom | 34.74 Bn | 32.79 Bn | 830.00 Mn | 21.54% |
| 7 | GE HealthCare Technologies | 33.78 Bn | 31.67 Bn | 2.18 Bn | 17.17% |
| 8 | Koninklijke Philips | 26.43 Bn | 23.11 Bn | 4.55 Bn | -21.74% |
| 9 | Steris | 23.15 Bn | 22.67 Bn | 684.20 Mn | 26.51% |
| 10 | Zimmer Biomet Holdings | 19.43 Bn | 19.02 Bn | 1.54 Bn | 21.76% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 21.54% |
| Jun 30, 2026 | 21.54% |
| Jun 30, 2026 | 21.54% |
| Mar 31, 2026 | 25.97% |
| Mar 31, 2026 | 25.97% |
| Mar 31, 2026 | 25.97% |
| Dec 31, 2025 | 21.54% |
| Dec 31, 2025 | 21.54% |
| Dec 31, 2025 | 21.54% |
| Sep 30, 2025 | 19.44% |
| Sep 30, 2025 | 19.44% |
| Sep 30, 2025 | 19.44% |
| Jun 30, 2025 | 25.43% |
| Jun 30, 2025 | 25.43% |
| Jun 30, 2025 | 25.43% |
| Mar 31, 2025 | 31.69% |
| Mar 31, 2025 | 31.69% |
| Mar 31, 2025 | 31.69% |
| Dec 31, 2024 | 28.21% |
| Dec 31, 2024 | 28.21% |