Dexcom (DXCM) Tax Rate (2015 - 2026)
Dexcom (DXCM) posted Tax Rate of 21.54% for Q2 2026, down 3.88 percentage points from 25.43% a year earlier and down 4.43 percentage points from the prior quarter.
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Analysis
Dexcom (DXCM) Tax Rate (2015 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Tax Rate at Dexcom was 21.90%, down 5.22 percentage points year-over-year; for FY2025, it came in at 23.16%, up 4.43 percentage points from FY2024.
- Annual Tax Rate shows a five-year change of +107.69 percentage points (FY2020 to FY2025).
- In prior years, Dexcom's Tax Rate was 18.73% in FY2024 (-5.04 pp), 23.78% in FY2023 (+11.08 pp), 12.69% in FY2022 (-2.85 pp) and 15.54% in FY2021 (+100.06 pp).
- Quarterly Tax Rate has run from a low of -169.53% in Q1 2022 to a high of 182.81% in Q4 2021 over five years.
- On a year-over-year basis, Tax Rate has declined in each of the last four quarters, with an average year-over-year change of +3.71 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Tax Rate in the past five years was Q4 2021, with a gain of 349.54 percentage points; the weakest was Q4 2022, with a drop of 151.73 percentage points.
- According to Business Quant data, Tax Rate for the three prior quarters was 25.97% (Q1 2026), 21.54% (Q4 2025) and 19.44% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 249.71 Bn | 228.86 Bn | 4.88 Bn | 8.68% |
| 2 | Abbott Laboratories | 171.00 Bn | 142.08 Bn | 7.27 Bn | 39.11% |
| 3 | Danaher | 155.79 Bn | 139.61 Bn | 3.61 Bn | 19.29% |
| 4 | Intuitive Surgical | 143.91 Bn | 123.46 Bn | 1.96 Bn | 21.94% |
| 5 | Medtronic | 110.42 Bn | 76.29 Bn | 6.34 Bn | 16.34% |
| 6 | Stryker | 105.71 Bn | 91.82 Bn | 4.50 Bn | 18.41% |
| 7 | Boston Scientific | 63.26 Bn | 58.27 Bn | 3.85 Bn | 14.62% |
| 8 | Edwards Lifesciences | 49.80 Bn | 33.91 Bn | 1.35 Bn | 53.56% |
| 9 | Becton Dickinson | 48.78 Bn | 45.93 Bn | 2.32 Bn | 18.41% |
| 10 | Dexcom | 32.57 Bn | 22.88 Bn | 830.00 Mn | 21.54% |
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% |
| 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% |
| Dec 31, 2021 | 182.81% |
| Sep 30, 2021 | 22.05% |
| Jun 30, 2021 | 19.26% |
| Sep 30, 2020 | 3.86% |
| Mar 31, 2020 | 11.16% |
API Access
Dexcom Tax Rate 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=tax-rate&ticker=DXCM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=DXCM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();