Dexcom (DXCM) Tax Rate (2012 - 2026)
Dexcom's (DXCM) quarterly Tax Rate came in at 21.54% in 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.
Analysis
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.
- On a quarterly basis, Tax Rate fell 388.0% year-over-year to 21.54% in Q2 2026; TTM through Jun 2026 was 21.9%, a 522.0% decrease from a year earlier, with the FY2025 full-year figure at 23.16%, up 443.0% from the prior year.
- Tax Rate was 21.54% for Q2 2026 at Dexcom, down from 25.97% in the prior quarter.
- Over five years, Tax Rate peaked at 49.79% in Q3 2023 and troughed at 169.53% in Q1 2022.
- A 5-year average of 12.97% and a median of 25.04% in 2023 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate sank 15173 bps in 2022 and soared 19418 bps in 2023, its largest moves.
- Over 5 years, Tax Rate stood at 31.08% in 2022, then slumped by 113 bps to 4.1% in 2023, then surged by 788 bps to 28.21% in 2024, then slipped by 24 bps to 21.54% in 2025, then decreased by 0 bps to 21.54% in 2026.
- The last three Tax Rate figures came in at 21.54% (Q2 2026), 25.97% (Q1 2026), and 21.54% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 183.86 Bn | 178.25 Bn | 7.27 Bn | 39.11% |
| 2 | Intuitive Surgical | 124.29 Bn | 119.08 Bn | 1.96 Bn | 21.94% |
| 3 | Medtronic | 118.22 Bn | 109.40 Bn | 6.34 Bn | 16.34% |
| 4 | Stryker | 104.88 Bn | 101.41 Bn | 4.50 Bn | 18.41% |
| 5 | Boston Scientific | 66.35 Bn | 65.81 Bn | 3.85 Bn | 14.62% |
| 6 | Edwards Lifesciences | 49.66 Bn | 45.41 Bn | 1.35 Bn | 53.56% |
| 7 | Alcon | 33.90 Bn | 32.44 Bn | 1.68 Bn | -100.00% |
| 8 | Dexcom | 32.28 Bn | 30.33 Bn | 830.00 Mn | 21.54% |
| 9 | Steris | 21.10 Bn | 20.62 Bn | 684.20 Mn | 26.51% |
| 10 | Zimmer Biomet Holdings | 18.13 Bn | 17.72 Bn | 1.54 Bn | 21.76% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 21.54% |
| Mar 31, 2026 | 25.97% |
| Dec 31, 2025 | 21.54% |
| Sep 30, 2025 | 19.44% |
| Jun 30, 2025 | 25.43% |
| Mar 31, 2025 | 31.69% |
| Dec 31, 2024 | 28.21% |
| Sep 30, 2024 | 24.13% |
| Jun 30, 2024 | 23.59% |
| Mar 31, 2024 | -10.49% |
| Dec 31, 2023 | -4.10% |
| Sep 30, 2023 | 49.79% |
| Jun 30, 2023 | 27.24% |
| Mar 31, 2023 | 24.65% |
| Dec 31, 2022 | 31.08% |
| Sep 30, 2022 | 30.78% |
| Jun 30, 2022 | 32.40% |
| Mar 31, 2022 | -169.53% |
| Dec 31, 2021 | 182.81% |
| Sep 30, 2021 | 22.05% |