Dexcom (DXCM) Tax Rate (2012 - 2026)

Dexcom's (DXCM) quarterly Tax Rate came in at 25.97% in Q1 2026, down 572.0% year-on-year from 5.5% in Q1 2025, and up 20.56% on a QoQ basis from 21.54% in Q4 2025.

Dexcom (DXCM) Tax Rate (2012 - 2026) Analysis & Trends

Dexcom (DXCM) has 13 years of Tax Rate data on file, last reported at 25.97% in Q1 2026.

  • On a quarterly basis, Tax Rate fell 572.0% year-over-year to 25.97% in Q1 2026; TTM through Mar 2026 was 22.7%, a 407.0% decrease from a year earlier, with the FY2025 full-year figure at 23.16%, up 443.0% from the prior year.
  • Tax Rate for Q1 2026 stood at 25.97%, up from 21.54% in the prior quarter.
  • Over the last five years, Tax Rate for DXCM reached as high as 49.79% in Q3 2023 and fell as low as 169.53% in Q1 2022.
  • Historically, Tax Rate has averaged 12.46% across 5 years, with a median of 25.43% in 2025.
  • Across the five-year window, Tax Rate slumped 15173 bps in 2022 and surged 19418 bps in 2023, its largest moves.
  • Year by year, Tax Rate stood at 31.08% in 2022, then slumped by 113 bps to 4.1% in 2023, then soared by 788 bps to 28.21% in 2024, then retreated by 24 bps to 21.54% in 2025, then advanced by 21 bps to 25.97% in 2026.
  • Per Business Quant data, the three most recent Tax Rate figures were 25.97% in Q1 2026, 21.54% in Q4 2025, and 19.44% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Abbott Laboratories 201.40 Bn 194.75 Bn 6.27 Bn 25.67%
2 Stryker 122.29 Bn 119.41 Bn 3.81 Bn 12.35%
3 Medtronic 105.01 Bn 96.40 Bn 6.41 Bn 31.35%
4 Boston Scientific 64.81 Bn 63.59 Bn 3.61 Bn -15.15%
5 Edwards Lifesciences 55.28 Bn 51.60 Bn 1.29 Bn 17.06%
6 Dexcom 29.06 Bn 27.94 Bn 750.30 Mn 25.97%
7 Koninklijke Philips 29.02 Bn 25.93 Bn 2.07 Bn -23.16%
8 GE HealthCare Technologies 28.27 Bn 26.20 Bn 1.98 Bn 18.61%
9 Smith & Nephew 25.80 Bn 25.22 Bn - -
10 Steris 20.59 Bn 20.16 Bn 697.10 Mn 27.65%

Historic Data

Download Data
DateValue
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%
Dec 31, 2024 28.21%
Sep 30, 2024 24.13%
Sep 30, 2024 24.13%