Dexcom (DXCM) Tax Rate (2015 - 2026)
Dexcom (DXCM) posted Tax Rate of 17.81% for Q3 2026, down 1.64 percentage points from 19.44% a year earlier and down 3.74 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 Sep 30, 2026, Tax Rate at Dexcom was 21.50%, down 3.35 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 four-year change of +7.63 percentage points (FY2021 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.
- The Q3 2026 figure stands as the lowest quarterly Tax Rate since Q3 2020.
- On a year-over-year basis, Tax Rate has declined in each of the last five quarters, with an average year-over-year change of -3.46 percentage points over the last six quarters.
- The strongest year-over-year quarter for Tax Rate in the past five years was Q3 2023, with a gain of 19.01 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 21.54% (Q2 2026), 25.97% (Q1 2026) and 21.54% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 265.71 Bn | 242.23 Bn | 5.13 Bn | 16.86% |
| 2 | Abbott Laboratories | 189.37 Bn | 163.23 Bn | 7.39 Bn | 25.26% |
| 3 | Danaher | 164.78 Bn | 144.43 Bn | 3.84 Bn | - |
| 4 | Intuitive Surgical | 157.85 Bn | 138.13 Bn | 2.08 Bn | 21.54% |
| 5 | Medtronic | 129.66 Bn | 94.91 Bn | 6.34 Bn | 16.34% |
| 6 | Stryker | 121.82 Bn | 108.01 Bn | 4.25 Bn | 24.47% |
| 7 | Boston Scientific | 63.42 Bn | 58.86 Bn | 3.43 Bn | 20.87% |
| 8 | Edwards Lifesciences | 59.49 Bn | 42.69 Bn | 1.35 Bn | 17.02% |
| 9 | Becton Dickinson | 58.38 Bn | 55.53 Bn | 2.32 Bn | 18.41% |
| 10 | Dexcom | 29.96 Bn | 21.78 Bn | 864.40 Mn | 17.81% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 17.81% |
| 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% |
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();