Dexcom (DXCM) Tax Rate (2012 - 2026)

Dexcom (DXCM) reported Tax Rate of 25.97% for Q1 2026, down 572.0% year-over-year from 5.5% in Q1 2025, and up 20.56% quarter-over-quarter 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.

  • Tax Rate for Q1 2026 came in at 25.97%, down 572.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 22.7% (down 407.0% YoY), and the FY2025 annual result was 23.16%, up 443.0% from the prior year.
  • Tax Rate climbed to 25.97% in Q1 2026 per DXCM's latest filing, from 21.54% 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 12.46% and a median of 25.43% in 2025 frame the typical range for Tax Rate.
  • The sharpest annual moves came in 2022 and 2023: Tax Rate plunged 15173 bps in 2022, then jumped 19418 bps in 2023.
  • A 5-year view of Tax Rate shows it stood at 31.08% in 2022, then sank by 113 bps to 4.1% in 2023, then surged by 788 bps to 28.21% in 2024, then retreated by 24 bps to 21.54% in 2025, then increased by 21 bps to 25.97% in 2026.
  • Business Quant data shows DXCM's Tax Rate at 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 154.42 Bn 147.76 Bn 6.27 Bn 25.67
2 Stryker 118.12 Bn 115.25 Bn 3.81 Bn 12.35
3 Medtronic 101.72 Bn 93.55 Bn 5.76 Bn 18.09
4 Boston Scientific 67.19 Bn 65.98 Bn 3.61 Bn -15.15
5 Edwards Lifesciences 50.69 Bn 47.02 Bn 1.29 Bn 17.06
6 Koninklijke Philips 29.38 Bn 26.07 Bn 2.07 Bn -23.16
7 Dexcom 28.09 Bn 26.97 Bn 750.30 Mn 25.97
8 GE HealthCare Technologies 28.08 Bn 26.02 Bn 1.98 Bn 18.61
9 Steris 19.80 Bn 19.37 Bn 697.10 Mn 27.65
10 Zimmer Biomet Holdings 17.18 Bn 16.77 Bn 1.51 Bn 20.91

Historic Data

Download Data
DateValue
Mar 31, 2026 25.97%
Mar 31, 2026 25.97%
Dec 31, 2025 21.54%
Dec 31, 2025 21.54%
Sep 30, 2025 19.44%
Sep 30, 2025 19.44%
Jun 30, 2025 25.43%
Jun 30, 2025 25.43%
Mar 31, 2025 31.69%
Mar 31, 2025 31.69%
Dec 31, 2024 28.21%
Dec 31, 2024 28.21%
Sep 30, 2024 24.13%
Sep 30, 2024 24.13%
Jun 30, 2024 23.59%
Jun 30, 2024 23.59%
Mar 31, 2024 -10.49%
Mar 31, 2024 -10.49%
Dec 31, 2023 -4.10%
Dec 31, 2023 -4.10%